Laserfiche WebLink
<br />e <br /> <br />e <br /> <br />VIn. <br />RIGHT OF OWNERSmP <br /> <br />All property and improvements purchased by the Authority shall be the property of the <br />Authority and shall be maintained by the Authority throughout the term of this Agreement and the <br />Authority may lease, sell or otherwise dispose of such property upon such terms and conditions as <br />the Authority deems desirable; provided that, if any TIRZ Project or PID Project is integrated in and <br />used as part of the City's infrastructure, it shall be conveyed to the City at the time of such <br />integration, at the City's discretion. Upon tennination of this Agreement, title to all Authority <br />property shall immediately vest in the City without the need for further action on the part of the City. <br /> <br />IX. <br />PERSONAL LIABILITY OF PUBLIC OFFICIALS <br /> <br />To the extent permitted by State law, no director of the Authority, nor any employee or agent <br />of the Authority, no director of the Zone, nor any employee or agent of the Zone, and no employee of <br />the City, nor any agent of the City, shall be personally responsible for any liability arising under or <br />growing out of the Agreement, or operations of the Authority under the terms of this Agreement. <br /> <br />x. <br />CITY AND ZONE NOT LIABLE FOR DELAY <br /> <br />It is expressly agreed that in no event shall the City or the Zone be liable or responsible to the <br />Authority or any other person for or on account of, any stoppage or delay in the work herein provided <br />for by injunction or other legal or equitable proceedings, or from or by or on account of any delay for <br />any cause over which the City or the Zone has no control. <br /> <br />XI. <br />INDEMNITY AND RELEASE <br /> <br />A. Indemnity for personal iniuries. The authority covenants and agrees to, and does <br />hereby, defend, indemnify and hold the city, the zone, and their officers, directors, arid employees <br />(the "indemnified persons"), harmless from all claims, causes of action, liabilities, fmes, and <br />expenses (including, without limitation, attorneys' fees, court costs and interest) for injury, death, <br />damage or loss injuries, including death, to persons or property sustained in connection. with or <br />incidental to any performance under this agreement, including, without limitation, those caused by: <br /> <br />1. The authority's and/or its agents', employees' , officers', directors', contractors', or <br />.subcontractors' (collectively in lettered paragraphs 1-3, "authority's") actual or alleged <br />negligence or intentional acts or omissions; <br /> <br />Houston:367966.2 <br /> <br />12 <br />