HomeMy WebLinkAboutProfessional Lawn Care, LLC - Hold Harmless - 9/3/2019HOLD HARMLESS AGREEMENT
This Hold Harmless Agreement (the "Agreement") is entered into between the City of
Waterloo, Iowa (the "City") and Professional Lawn Care, LLC (the "Company") as of Apt ust
2019. - 1_
RECITALS
A. Company has entered an agreement with City for the purchase of real property as
described on Exhibit "A",attached hereto (the "Property"). The Property is subject to a lien of
judgment against City of Waterloo, Iowa in favor of Daniel James Nickey and Andrew James Nickey,
Case No. SCSC171773, in the original amount of $4,902.00 (the "Lien"), which the City has
appealed.
B. The parties desire to enter this Agreement to induce Company to complete its
proposed purchase of the Property. The City believes that Company's further improvement and use
of the Property is in the best interests of the public.
AGREEMENT
NOW, THEREFORE, in consideration of the premises and other good and valuable
consideration, the receipt and sufficiency of which is acknowledged, the parties agree as follows:
1. City agrees to indemnify Company and to hold it harmless from and against any and
all claims, demands, judgments, costs, or expenses (including reasonable attorney's fees) arising out
of or in any way connected with the Lien. Based on the City's promise, Company agrees that it will
not consider the Lien to be an impediment to closing on the proposed purchase of the Property.
2. This Agreement shall inure to the benefit of and be binding upon the parties and their
respective successors and assigns.
3. This Agreement may be signed in one or more counterparts, each of which shall be
deemed an original and all of which, taken together, shall constitute one instrument.
IN WITNESS WHEREOF, the parties have executed this Hold Harmless Agreement by their
duly authorized representatives as of the date first set forth above.
CITY OF WATERLOO, IOWA
By: c { l c 4 -i L<
Quentin Hart, Mayor
Attest:
PROFESSIONAL LAWN CARE, LLC
q) -_,e BY: .
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Title:
EXHIBIT "A"
Lots 3 and 4, Wagner Road Subdivision, City of Waterloo, Black Hawk County, Iowa.