|
0
<br />Section 3. Within thirty (30) days after completion of any
<br />work, the Company shall replace, repair, or restore in
<br />accordance with City standard specifications any sidewalks,
<br />streets, and City rights-of-way which are damaged or displaced
<br />by the Company in the construction and maintenance of its
<br />system. Upon failure of the company to do so, the City may
<br />repair or replace such portion of the sidewalk, street, or
<br />right-of-way that may have been disturbed by the Company, and
<br />collect the cost so incurred from the Company. The Company
<br />shall post an irrevocable letter of credit with the City in the
<br />amount of five thousand dollars ($5,000.00) or other security
<br />acceptable to the City to guarantee the timeliness and quality
<br />of such repair and restoration work, and to guarantee the
<br />removal of its lines from the City rights-of-way should such be
<br />required upon expiration of the agreement term. In the event
<br />additional lines, cables, or wires are installed, and existing
<br />facilities and conduits are not used, the City may require the
<br />Company to increase the irrevocable letter of credit with the
<br />City to the amount of twenty thousand dollars ($20,000.00).
<br />Section 4. Upon notice from the Director of Public Works of a
<br />proposed improvement or alteration of City sidewalks, streets,
<br />• or other public property, or of a proposed relocation of any
<br />City -owned utilities, the Company shall relocate at its own
<br />expense any underground or overhead lines within sixty (60)
<br />days of receipt of the notice.
<br />L
<br />Section 5. The Company agrees and binds itself to indemnify,
<br />keep, and hold the City free and harmless from liability on
<br />account of injury or damage to persons, firms, or corporations,
<br />or property growing out of or directly or indirectly resulting
<br />from (a) such use of the streets, alleys, highways, sidewalks,
<br />rights-of-way and other public places of the City, (b) the
<br />acquisition, erection, installation, maintenance, repair,
<br />operation, and use of any poles, wires, cables, conduits,
<br />lines, manholes, facilities and equipment, or (c) the exercise
<br />of any right granted by or under this agreement or the failure,
<br />refusal, or neglect of the Company to perform any duty imposed
<br />upon or assumed by the Company by or under this agreement. The
<br />Company shall also maintain in force a comprehensive general
<br />liability policy in form satisfactory to the City Attorney of
<br />the City of Charlottesville having a combined single limit
<br />coverage of not less than one million dollars ($1,000,000.00).
<br />The policy shall include the City of Charlottesville as an
<br />additional insured party, and the Company shall provide the
<br />City Attorney with a certificate of such coverage before
<br />beginning installation of any lines, cable, or equipment and
<br />annually thereafter. The Company shall also require similar
<br />2
<br />
|