Ordinance 1492 - Laserfiche WebLink

. as a guaranty of good faith by said applicant , at the end of which time if the grantee shall have complied with all the requirements v contained in said franchise, said deposit shall be returned to it . If during said year the grantee shall at any time fail to comply with any requirement in said franchise, the said deposit shall be forfeited and thereupon the same shall become the absolute property of said city. Section 8: Said grantee hereby agrees and covenants for itself, its successors aad assigns, to and with the city of Everett, to protect and save harmless the said city from all claims, demands and causes of action for damages of every kind and description which may arise, accrue to or be suffered by any person or corporation by reason of the construction and maintenance, or operation of said railway track or appurtenances, over and across the streets and alleys hereinbefore mentioned. In case any suit or action shall be brought against said city of Everett, upon any claim, demand or cause of action, as aforesaid, said grantee for itself, its successors and assigns, agrees, upon receiving written notice there- of, to defend said suit at its sole cost and expense, and said grantee, its successors and assigns, agrees to hold said city of Everett free and harmless against any judgment recovered upon any such claim, demand or cause of action, and in case any judgment shall be rendered against the city of Everett in any such suit or action, said grantee, its successors or assigns, shall fully satisfy said judgment within sixty days after such suit or action shall have been finally determined, if determined adversely to said city. Section 9: The city council of the city of Everett may by ordinance forfeit the franchise herein granted in the event that the grantee or its assigns shall, after reasonable notice from the city council requiring it to do so , fail to comply with any of ttte provisions of said franchise.