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TO RETAIN CERTAIN MONUMNETS LOCATED IN PUBLIC RIGHT-OF-WAY AT THE ENTRANCE TO CARLOUEL ,.. J , . , I AGREEMENT ~ day of THIS AGREEM$~T made and entered into this ~~ ';:.N . ~ry, 1982:.., by. and between the CITY OF CLEA RWATER, FLORIDA, a municipal corporation, hereinafter called "City", and CARLOUEL GARDEN AND IMPROVEMENT ASSOCIATION, INC., a Florida corporation not for profit, hereinafter called "Association"; WITNESSETH: WHEREAS, Association desires to retain certain monuments located in public right-of-way at the entrance to the Carlouel Subdivision; and WHEREAS, Association is willing to post a $500,000 insurance policy making the City one of the named insureds to protect the City from any and all claims for property damage and personal injury submitted by third parties; and WHEREAS, Association is willing to assume the maintenance function related to such monuments and to keep such monuments in a good state of repair at all times; and WHEREAS, under the above conditions the City is willing to permit such monuments to remain located on public right-of-way; NOW, THEREFORE, the parties hereto hereby covenant and agree as follows: 1. The City agrees to permit the monuments described on Exhibit A attached to this agreement to remain located at the entrance to the Carlouel Subdivision. 2. Association agrees upon execution of this agreement to immediately becom.e responsible for the maintenanceoi such monwne!lts and to keep the same in good condition and free from defects at all times. 3. As sodation further agrees to immediately obtain a policy of insurance in the amount of $.500, 000, which policy shall name the City as one of the insureds and such policy shall protect the City from all property damage and personal injury claims made by third parties by reason of the -1- Cf)~OD3LD t .. ,.r I I .. monuments being located on public right-of-way. A copy of such policy of insurance shall be provided to the City for its review and approval. 4. Should the Association cease to maintain the monuments OJ:' permit the policy of insurance to lapse, then the City may consider this agreement as being terminated and the City shall have no further obligation to permit the monuments to be located in their present position. 5. If the City determines t.hat such public right-of-way is to be used for the purpose for which it was obtained, then, upon thirty (30) days written notice, the City shall have the right to treat this agreement as being terminated. 6. All notices required or furnished pursuant to this agreement shall be furnished as follows: City of Clearwater City Manager PO Box 4748 Clearwater, Florida 33518 Carlouel Garden and Improvement Association, Inc. P.O. Box 3442 Clearwater Beach. FL 33515 7. This agreement shall constitute the entire agreement between the parties. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed the day and year first above written. Approved as to form and tri - CITY OF CLEARWATER} FLORIDA ~l Mf~. ~' ~ity M~g"r Attest: ~ . ... ! .. - (j ~ k~ City Clerk W..,~S:..., · .c:~ j~j;)L.)1 (i~ttf-Z- As to As sociation CARLOUEL GARDEN AND IMPROVEMENT ASS,OC..IA,~~N" I.NC~/.n,0L"~, / ....,i: .......~/.- (l' By , ~~:~7 P[i I" , ~-t:'~:/ . President Attest~ . -;' ~ ..-f> : ~...,/ ,z, ,J;'Avl'-(-(~~ - - -Secl'etary (Corporate Seal) -2- " ' ~'~l . ~. () (/} f:) -i ;:. (j (' z; ;::; o<Jl ~ P, () z ~ ~ .:I G r: :J' . (J z. 0_ J ~. 6':: ^ rv rS_ -+ N 6' -'f- ,\ -- O. ---J/- ./ - .- p. ," et..... / \..' ' l~l.'_..~T~~.'- .... ~ · ~/ '. .\J _':--r< I~ , --......... ~ / ) ~ \~--...,.-.., -, r , --~~\',', J f ,.' -:;'-+: 1 :t~,::"- '. I j \ ", -- ~ Q \ --c'{ Il " \ \ 1 .. ---~ -....., , \. -- "~-' I I I i ~ 5 po ~ t" I I 11> k r I , .:; !:~:JC,}i " ,-\. L '. > , ~-I(:"- -- ':"~ ! 1/ -'!,c:~'i , l .: \-,\ ._ ..f"-r'--, \ l'~'r' ,.' \ , -" .....-'. ~ - . " "'1 -. / t \-J r." " --' ~-~~~=~~- - o ------------------;>l (' I \ - i;~ \- , \ \ ) ~..J' ~n -i '''h" ~ ~ .~~ (l 5 .rlc o r