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Section 5.07. No Joint Venture. It is understood and agreed between the parties that <br />the City and the Owner, in executing this Agreement, and in performing their respective <br />obligations, are acting independently, and not in any form of partnership or joint venture. THE <br />CITY ASSUMES NO RESPONSIBILITIES OR LIABILITIES TO ANY THIRD <br />PARTIES IN CONNECTION WITH THIS AGREEMENT, AND THE OWNER AGREES <br />TO INDEMNIFY, DEFEND AND HOLD THE CITY, ITS OFFICERS, AGENTS AND <br />EMPLOYEES, HARMLESS FROM ANY SUCH LIABILITIES. <br />EXECUTED to be effective July 21, 2015. <br />CITY OF SAN MARCOS: <br />By: <br />Jefed-Miller., <br />!ZOO FitittiC t I3c¢i�s C, yMltaayr�c <br />OWNER: <br />Willy Jack, L.L.C. <br />Allen Shy, Member <br />