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HomeMy WebLinkAboutbocc.con.052.1975 ( LDNTRACT # - 1975 - INDEMNITY AGREEMENT 1. DATE: As of September 22, 1975. 2. PARTIES: Anschutz Coal. Corporation (hereinafter called "Anschutz ") and Pitkin County, Colorado (hereinafter called the "County "). 3. RECITALS: Pursuant to the September 22, 1975 Pitkin County Board of County Commissioners' Resolution No. 75 -65 the County has issued a special review use permit to Anschutz (the "Permit ") under the terms of which Anschutz is authorized to undertake to perform certain mining operations on the lands specified in the Permit (the "Lands ") . This Indemnity Agreement is being executed between the Parties pur- suant to Paragraph 25 of the Permit. 4. AGREEMENT: Anschutz and the County, following said recitals and for other good and valuable consideration, the sufficiency of which is hereby acknowledged, agree as follows: 5. INDEMNIFICATION: Anschutz shall during the period of the Permit, indemnify and hold harmless the County from and against any liability arising out of the maintenance, existence or operations of Anschutz on or relating to the Lands or arising from the issuance of the Permit; provided that: (a) the liability is not covered by insurance; (b) if any claim is made or any action, suit or proceeding is instituted by any person against the County by reason of any indemnified liability covered by this Indemnity Agreement, the County shall within ten days after the receipt of notice of such claim, action, suit or pro- ceeding notify Anschutz in writing of the making of such claim or the institution of such action, suit or proceeding in the manner prescribed in Paragraph 6 of this Indemnity Agreement; �5"� (7 • (c) Anschutz shall have the right to defend, compromise or settle such claims, action, suit or proceeding by counsel of its own choice paid by it, and the County will fully cooperate in such defense, compromise or settle- ment, which cooperation shall include, but not be limited to, supplying or refusing to supply such documents, records, and /or testimony as Anschutz or its counsel shall direct; (d) such indemnity shall not extend to any liability covered by this Indemnity Agreement which is admitted, compromised or settled by the County (or any of its officials, employees, agents or independent contractors) without the prior written consent of Anschutz; (e) in the event Anschutz elects not to defend, compromise or settle such claim, action, suit or proceeding, it may direct the County or the County may itself choose to defend, compromise or settle the same, all reasonable costs, including legal fees of the County incident thereto to be reimbursed by Anschutz; and (f) in the event Anschutz elects to defend, compromise or settle such claim, action, suit or proceeding, if the County elects to join in such defense, compromise or settlement of such claim, action, suit or proceeding the County shall pay its own costs including legal fees, and Anschutz shall not be obligated to reimburse the County for such costs. 6. NOTICE: The written notice required under Paragraph 5(b) and the written consent permitted under Paragraph 5(d) of this Indemnity Agreement shall be per- sonally delivered or given by registered or certified mail directed as follows: (1) If intended for Anschutz, to: Anschutz Coal Corporation P.O. Box 980 Carbondale, Colorado 81623 2 (2) If intended for the County, to: Board of County Commissioners, Pitkin County, Colorado 506 E. Main Street Aspen, Colorado 81611 All notices and consents so given shall be considered effective when delivered or mailed postage prepaid. Any party, by notice so given, may change the address to which future notices or consents shall be sent. 7. BINDING EFFECT: This indemnity agreement contains the entire agreement between the parties hereto and shall not be modified in any manner except by an instrument in writing signed by both parties. This Indemnity Agreement shall be binding upon and inure to the benefit of the County and its affiliated persons or entities, and Anschutz, its successors and assigns. 8. LIMITATION: In the event Anschutz assigns, leases sells or in any way disposes of its interest in the Lands to any third party, (a) such third person shall be bound by the terms of this Indemnity Agreement, (b) Anschutz shall simultan- eously be released from all obligations under the terms of this Indemnity Agreement unless and until such time as Anschutz re- acquires the above said interests in the Lands and (c) the County shall look exclusively to such third person for the ful- fillment of the obligations and satisfaction of the rights created by this Indemnity Agreement. IN WITNESS WHEREOF, Anschutz and the County have executed this Indemnity Agreement as of the date first above written. ANSCHUTZ COAL CORPORATION c. Y f ' . BY: A -� DATE: November 10, 1975 PITKIN COUNTY, COLORADO ATTEST: / BY: AiLt i.4 / nc ti,1 Deputy Cle k 3