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R-82-476 - 8/26/1982WHEREAS, the City Council of the City of Round Rock, Texas, has abandoned the alleyway located in Block 24 of the Original Plat of Round Rock; and WHEREAS, the owners of certain property adjacent thereto have agreed to indemnify the City from any liability and damages as a result of the abandonment of the alleyway; Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS That the Mayor is hereby authorized and directed to execute on behalf of the City the aforementioned Indemnity Agreement, a copy of such document being attached hereto and incorporated herein for all purposes. RESOLVED this rN day of ..c , 1982. ATTEST: 4/41,, 4' I. t Secretary 4 Resolution No. 47/ yo City of Round Rock, Texas INDEMNITY AGREEMENT AGREEMENT made between, McKenzie - Halladay Development, Inc., Steve O. Hallady, individually, C. A. McKenzie, II, individually, and Equitable Savings Association, hereinafter called "indemnitor" and the City of Round Rock, Williamson County, Texas, hereinafter called " indemnitee." In consideration l ' of the City of Round Rock agreeing to abandon the alleyway located in Block 24 of the Original Plat of Round Rock, IT IS HEREBY AGREED: 1. Liabilities, Losses, or Damages Indemnitor undertakes to indemnify and save harmless Indemnitee from any liability, damages, costs, or expenses Indemnitee may suffer as a result of claims, demands, or judgments against it arising out of the abandonment of the alleyway. 2. Period Covered This indemnity herein provided will extend from the date hereof indefinitely. 3. Expenses, Attorney's Fees, and Costs If Indemnitee, in the enforcement of any part of this indemnity contract, shall incur necessary expenses, or become obligated to pay attorney's fees or court costs, Indemnitor agrees to reimburse Indemnitee for such expenses, attorneys' fees, or costs within thirty (30) days after receiving written notice from Indemnitee of the incurring of such expenses, costs, or obligations. 4. Interest Indemnitor agrees to pay Indemnitee interest at the rate of eighteen (18 %) percent per annum on any necessary expenses or costs incurred by Indemnitee in the enforcement of this indemnity contract, or on any sums Indemnitor is obliged to pay with respect to the matters to which indemnity is given in the contract, from the date such expenses or costs are incurred, or such sums are paid. 5. Notice of Claim Against Indemnitee Indemnitee agrees to give Indemnitor ten (10) days' written notice of any claim against Indemnitee on the obligation indemnified against. 6. Right of Indemnitor to Contest Claim Indemnitee agrees that it will not settle any dispute, confess any liability, nor pay any claim for which Indemnitee will require indemnication from Indemnitor unless and until Indemnitee has first granted to Indemnitor an opportunity to contest said claim by all available means including, but not limited to all judicial processes. Indemnitor agrees to pay all costs and expenses incurred in contesting said claim. Dated this ,' day of Indemnitee: -2- feetvWCT 1 HAL C A. McKENZIE II airm of he Board E ADAY, Individual A de divi Indemnitor: McKENZIE - iJ f4 DADA DEVELOPMENT, INC. , Preside By: And Sy: C. A. McKENZI II EQUITABLE SAVINGS ASSOCIATION ATTEST: TEVE , 1982. AP JO, NE LAND, Cit ecretary lly INDEMNITY AGREEMENT AGREEMENT made between, McKenzie - Halladay Development, Inc., Steve O. Hallady, individually, C. A. McKenzie, II, individually, and Equitable Savings Association, hereinafter called " indemnitor" and the City of Round Rock, Williamson County, Texas, hereinafter called " indemnitee." In consideration of the City of Round Rock agreeing to abandon the alleyway located in Block 24 of the Original Plat of Round Rock, IT IS HEREBY AGREED: 1. Liabilities, Losses, or Damages Indemnitor undertakes to indemnify and save harmless Indemnitee from any liability, damages, costs, or expenses Indemnitee may suffer as a result of claims, demands, or judgments against it arising out of the abandonment of the alleyway. 2. Period Covered This indemnity herein provided will extend from the date hereof indefinitely. 3. Expenses, Attorney's Fees, and Costs If Indemnitee, in the enforcement of any part of this indemnity contract, shall incur necessary expenses, or become obligated to pay attorney's fees or court costs, Indemnitor agrees to reimburse Indemnitee for such expenses, attorneys' fees, or costs within thirty (30) days after receiving written notice from Indemnitee of the incurring of such expenses, costs, or obligations. 4. Interest Indemnitor agrees to pay Indemnitee interest at the rate of eighteen (18 %) percent per annum on any necessary expenses or costs incurred by Indemnitee in the enforcement of this indemnity contract, or on any sums Indemnitor is obliged to pay with respect to the matters to which indemnity is given in the contract, from the date such expenses or costs are incurred, or such sums are paid. 5. Notice of Claim Against Indemnitee Indemnitee agrees to give Indemnitor ten (10) days' written notice of any claim against Indemnitee on the obligation indemnified against. 6. Right of Indemnitor to Contest Claim Indemnitee agrees that it will not settle any dispute, confess any liability, nor pay any claim for which Indemnitee will require indemnication from Indemnitor unless and until Indemnitee has first granted to Indemnitor an opportunity to contest said claim by all available means including, but not limited to all judicial processes. Indemnitor agrees to pay all costs and expenses incurred in contesting said claim. Dated this 42 day of .Vu6vrr , 1982. Indemnitor: McKENZIE- DAY EVELO MENT, INC. „ / Ae Indemnitee: -2- EVE H DAY, resident A. McKENZIE II irman • the Board . F. 6F3G7. _ _ LADAY, Individua ly C. A. McKENZIE II, Indio.. ally By : And By: EQUITABLE SAVINGS ASSOCIATION ATTEST: Jrj %NNE LAND, it Secretary