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HomeMy WebLinkAboutContracts & Agreements_200-2017 PROPERTY ONE, LLC WAIVER, RELEASE,DEFENSE AND INDEMNITY AGREEMENT ("RELEASE AGREEMENT") EXECUTED IN FAVOR OF THE CITY OF REDLANDS For and in consideration of the written request dated August 24, 2017, of Property One, LLC (through its representative Evergreen Devco, Inc) for the issuance of a Certificate of Occupancy by the City of Redlands ("City") permitting Property One, LLC and its employees, lessees, permittees, agents, successors and assigns, and invitees (collectively, the "Occupants") to voluntatily occupy the buildings constructed within Property One, LLC's retail development project commonly known as the "Packing House," which is generally located at the northwest corner of Eureka Street and Stuart Avenue in Redlands, California (the "Project"), Property One, LLC hereby voluntatily releases, discharges, waives and relinquishes in favor of City and its elected and appointed officials, officers, employees, and agents (collectively, "Releasees") any and all claims, losses, damages, proceedings, or causes of action for property damage or personal injury, including death (collectively, "Liability") occurring to, or alleged or brought against, Property One, LLC which may arise out of, or in connection with, Property One, LLC's failure to construct, or cause the construction of, a traffic signal at the intersection of Sixth Street, Pearl Avenue and the 1-10 eastbound on-ramp (the "Traffic Signal"), for itself and its successors and assigns Property One, LLC further agrees that it shall not prosecute or present any claim fol property damage or personal injury, including death, against "Releasees" for any such Liability arising out of, or in connection with, Property One, LLC's failure to construct, of cause the construction of, the Traffic Signal Property One, LLC acknowledges, understands and assumes the risks inherent in the Occupants' occupancy of the Project without construction of the Traffic Signal,that such activity may entail risks of physical injury to persons or property, and that Property One, LLC is requesting approval of, and permitting, occupancy of the Project with full knowledge of these risks Property One, LLC shall furthei indemnify, defend (with counsel reasonably acceptable to City), protect and hold Releasees harmless from and against (i) any and all third-party claims, demands, damages, losses, causes of action, defense costs, and liability (including expert expenses, costs, and reasonable attorneys' fees (including fees fol use of in-house counsel)) of any kind of nature, including damages to property of input ies to persons, accidental death, and reasonable attorneys' fees and costs, 1 H Tacking house DcvelopmentTroperty One LLC Waiver Relacase Indemnity Form Agrcemcnt.doc which may be caused by Property One, LLC's failure to construct, or cause the construction of, the Traffic Signal, (n) City's issuance of a Certificate of Occupancy for the Project despite Property One, LLC's failure to construct, or cause the construction of, the Traffic Signal (iii) any action or proceeding brought by any third party challenging the validity of any provision of this Release Agreement, and/or (iv) any breach by Property One, LLC of any of its obligations under this Release Agreement Property One, LLC's defense and indemnity obligations under this Release Agreement shall not extend to claims, demands, damages, defense costs or liability for property damage, bodily injury or death to the extent the same was occasioned by the active negligence or willful misconduct of City, or its elected officials, officers, employees, or agents Further, Property One, LLC shall have no defense and indemnity obligations to Releasees under this Release Agreement for Liability relating to events which initially occur subsequent to the construction, installation and operation of the Traffic Signal Property One, LLC, a California limited liability company By its Manager Judson & Brown, LLC, a Nevada limited liability company Donald J Berry, J , ager Dat/ 7 , 2 H\Packing House DevelopmentTroperty One LLC Waiver Relaease Indemnity Fonn Agreement.doc