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<br />sell, convey, transfer, lease, or assign all or any portion of the Pipeline System. Grantee <br />agrees to give written notice to the City, within a reasonable time afterward, of any such <br />conveyance, sale, transfer, lease, or assignment, but failure to provide such notice shall <br />not constitute a forfeiture of any of Grantee's rights under the terms and conditions of the <br />Ordinance. The consent, permit, rights and privileges granted by this Ordinance <br />encompass the Pipeline System and the operations, lines of business, and business <br />activities of Grantee in the City; but such grants do not allow the Pipeline System or any <br />portion thereof hereafter to be operated, used or maintained as an LDC (as such term is <br />defined above). Therefore, absent separate and express City consent and agreement, no <br />such conveyance, sale, transfer, lease, or assignment by Grantee, as authorized herein, <br />shall constitute or convey to any buyer, transferee, lessee, or assignee the right, power <br />or privilege to operate as an lDC within the City. <br /> <br />Section 14. Indemnity. <br /> <br />Except as expressly provided for below, this Ordinance does not address or concern, and <br />shall not be construed to have any application to, any future occurrence involving leakage, <br />rupture, fire or explosion involving any in-City portion of the Pipeline System which causes <br />or is alleged to cause any personal injury or property damage. If and only in the event the <br />City is sued as a result of any such occurrence during the Term, and subject to the <br />language and conditions hereof, the Grantee agrees to indemnify and hold harmless the <br />City from any adjudged liability and damages caused by any negligent or wrongful act or <br />omission of Grantee relating to the construction, maintenance, operation, or repair of the <br />Pipeline System; provided, however, the City shall promptly notify Grantee in writing of <br />such claim or lawsuit. In the event that City desires to settle any such claim or suit relating <br />to any matter for which indemnification is or will be sought by City hereunder, prior to final <br />judgment by the court, then this indemnity shall be without legal effect, unless the City <br />obtains Grantee's written consent to such settlement. Grantee shall have the right, but not <br />the obligation, to assume the defense of any claim made against the City relating to any <br />matter for which indemnification is or will be sought hereunder. Grantee agrees to bear <br />the costs of defense in circumstances in which Grantee assumes the defense. <br /> <br />Section 15. Effective Date and Controlling Effect of this Ordinance. <br /> <br />This ordinance shall become effective upon the last in time of its final passage and <br />adoption by the City in the form accepted by the Grantee and the payment in full to the City <br />of the Agreed Sum. Upon such effective date, this Ordinance shall constitute a contract <br />between the City and Grantee and shall govern the rights and relationships between the <br />City and Grantee for the duration of the Term, and it shall supersede and take precedence <br />over inconsistent ordinances, resolutions, or regulations hereafter or heretofore passed <br />by the City. <br /> <br />PASSED on first reading on <br />PASSED on second reading on <br /> <br />T1l1y 7i <br /> <br />,2001. <br />,2001. <br /> <br />August 13 <br />