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<br />Section 8
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<br />Indemnification.
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<br />(a) The parties hereto specifically agree and understand that die award of this Franchise
<br />to Grantee and all terms, promises, covenants, conditions and obligations contained in this Franchise
<br />are sufficient consideration for the indemnification provisions contained herein, in accordance with
<br />Section 725.06, Florida Statutes (1995). Moreover, nothing in this Ordinance shall be construed to
<br />affect the City's rights under Section 768.28 F.S.
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<br />(b) For and in consideration of the sum of twenty-five dollars ($25.00) and other good
<br />and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the
<br />parties hereto, and in consideration of the award of this Franchise to Grantee, Grantee shall
<br />indemnify City as follows:
<br />
<br />The Grantee shall indemnify, hold harmless and defend the City, its officers,
<br />agents and employees, against, and assume all liability for, any and all claims, suits,
<br />actions, damages, liabilities, expenditures, including legal fees through the appellate
<br />level, or causes of action arising directly from Grantees or its agents, officers, or
<br />employees action or inaction under this Franchise including, but limited to, the
<br />construction, operation and maintenance of a gas utility system and related facilities
<br />and or the use of the public streets for the purposes authorized herein and resulting
<br />or accruing from any negligence, act, omission or error of the Grantee, its agents or
<br />employees or arising from the failure of the Grantee, its agents or employees to
<br />comply with each and every covenant of the Franchise or with any other ordinance
<br />or law regulating the use of the streets of the City resulting in or relating to, bodily
<br />injury, loss of life or limb or damage to property sustained by any person, firm,
<br />corporation or other business entity.
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<br />(c) Section 8 (b) notwithstanding, neither the Grantee nor any of its employees, agents,
<br />contractors, licensees, or sublessees shall be liable under this section 8 for any and all claims, suits,
<br />actions, damages, liability, expenditures, including legal fees or causes of action arising out on
<br />injury, loss of life, or damage to persons or property directly caused by or resulting from the
<br />negligence, act, omission or error of the City, its officers, agents, or employees.
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<br />Section 9.
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<br />Insurance.
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<br />(a) At all times during the term of the Franchise, Grantee shall maintain and pay all
<br />premiums for a general comprehensive public liability insurance, with a combined single limit
<br />coverage of five million dollars ($5,000,000.00) per occurrence.
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<br />(b) The insurance policy maintained by the Grantee in compliance with this
<br />section shall be issued by a company or companies with a financial rating in Best's Insurance Guide
<br />
<br />Teeo Peoples' Gas (F)
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