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HomeMy WebLinkAbout1995-034 - Execution of Bridge Lease#57145; 05/16/95 BILL NO. ~~~ ~~~ ORDINANCE NO. ~-J '~ ~~ AN ORDINANCE AUTHORIZING THE EXECUTION OF THE BRIDGE LEASE BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: Section 1. The Mayor and City Clerk are hereby authorized to execute the Bridge Lease which is attached as Exhibit "A" and made a part of this ordinance as though fully set out herein. Section 2. The Mayor and other city officials are authorized to take such other and further action as may be necessary to implement the intent of this ordinance. .~-~ ~,~ PASSED THIS ~~ DAY OF , 1995. o,~ ~,GG~C~i~ MAYOR ATTEST: CITY CLERK ---~ ~ ,~/~~ APPROVED THIS ~~~ DAY OF IMF, 1995. ,~' MAYOR BRIDGE LEASE This Agreement made this /~~iday of 1995, between the City of Riverside, hereinafter "City" and Missouri Gamin ompany, a Missouri corporation, hereinafter called "Missouri". WTTNESSETH: 1. That the City of Riverside is the owner of a pedestrian foot bridge which, until recently, has been lying on the ground of the Park Site, which is also the temporary site of Missouri's Riverboat Casino. 2. That City has authorized Missouri to move said bridge, clean and maintain said bridge, and use it as a foot bridge for access to the employee barge at Missouri's temporary site. 3. That the City has agreed by Ordinance~5'~_ to authorize the execution of this lease, for a period of twelve months commencing the date of approval of this lease by the City of Riverside and ending on the preceding day of the month in which this ordinance is passed in 1996 upon the following terms and conditions. A. Missouri shall pay to City, in advance, the sum of $~ as annual rent for said pedestrian foot bridge. B. That Ivfissouri shall hold harmless and defend the City from all liability arising from the use of said bridge by anyone and furthermore, Missouri hereby releases and discharge City of and from any and all liability for injury to or death of any and all persons whomsoever and loss of or damage to property to whomever belonging including property owned by, leased to or in the care, custody and control of the parties hereto, in any manner arising during the use of said pedestrian bridge by Missouri. C. Missouri further agrees to appear and defend in the name of City any applicable suits or actions at law brought against City on account of such personal injury or death, and loss and damage to or destruction of property, and to pay and satisfy any final Judgment which may be rendered against City in any such suit or action relating to said bridge. D. Missouri shall keep in effect, during the term of this lease, a policy of insurance with the City of Riverside endorsed as an additional insured in respect specifically to said foot bridge and shall provide to the City proof of said insurance coverage. 4. Subject to the following provisions of this lease and all covenants and promises thereof, shown here to the benefit and be binding upon the parties hereto, their respective executors, administrators, successors and assigns. ancosrBn.tsE.saaros IN WITNESS WHEREOF, the parties hereto have executed this agreement in duplicate as of the day and year first hereinabove written. MISSOURI GAMING COMPANY sy Attest: Secretary CITY OF RIVERSIDE, MISSOURI By ~~ Mayor Attes ~~ ~~ City Clerk .+ncosreR.rse.sndvs