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SECTION IV. Upon notice from the Director of Public Works of a proposed • improvement or alteration of City sidewalks, streets or other property, or of a proposed relocation of any City -owned utilities, the Company shall relocate at its own expense any underground or overhead lines, within sixty (60) days of receipt of the notice. SECTION V. The Company agrees and binds itself to indemnify, keep and hold the City free and harmless from liability on account of injury or damage to persons, firms or corporations or property growing out of or directly or indirectly resulting from (a) such use of the streets, alleys, highways, sidewalks, rights-of-way and other public places of the City, (b) the acquisition, erection, installation, maintenance, repair, operation and use of any poles, wires, cables, conduits, lines, manholes, facilities and equipment, or (c) the exercise of any right granted by or under this franchise or the failure, refusal or neglect of the Company to perform any duty imposed upon or assumed by the Company by or under this franchise. The Company shall also maintain in force a comprehensive general liability policy in form satisfactory to the City Attorney of the City of Charlottesville, having a combined single limit coverage of not less than one million dollars ($1,000,000). The policy shall include the City of Charlottesville as an additional insured party, and the Company shall provide the City Attorney with a certificate of such coverage before beginning installation of any lines, cable or equipment. The Company shall also require similar indemnification and insurance coverage from any contractor working in the public right-of-way on behalf of the Company. In the event that any suit or proceeding is brought jointly against the City and the Company, at law or in equity, on account thereof, the Company will defend the City in any such suit or proceeding at the cost of the Company, provided the City • gives such assistance and cooperation in the defense of any such suit or proceeding as in the opinion of counsel for the Company may be necessary or desirable to a proper defense. Nothing herein contained shall be construed to render the Company liable for the negligence of the City or of its agents or employees, or for that of any other person, firm or corporation. SECTION VI. The City reserves the right by ordinance or resolution to establish any reasonable regulations for the convenience, safety and protection of its inhabitants under its police powers. The rights herein granted are subject to the exercise of such police powers as the same now are or may hereafter be conferred upon the City. Without limitation as to the generality of the foregoing, the City reserves the full scope of its power to require by ordinance substitution of underground service for overhead service, or the transfer of overhead service from the front to the rear of property whenever reasonable in all areas in the City and with such contributions or at such rates and charges as may be approved by the State Corporation Commission or its successor in function. The City further reserves the full scope of its police power to require by ordinance the location, construction and maintenance of overhead service at the rear of property or underground service whenever reasonable in all new service installations in the City with such contributions or at such rates and charges as may be approved by the State Corporation Commission or its successor in function. SECTION VII. The Company will maintain its poles, wires, cables, conduits, lines, manholes, facilities and equipment within the City in good order and operating condition throughout the term of this franchise. 0