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A RESOLUTION TO THE CITY OF JONESBORO TO ENTER INTO AN INDEMNIFICATION AGREEMENT WITH VIKING CAPITAL, LLC
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WHEREAS, Viking Capital, LLC wishes to install a grease trap in the City right of way; and,
WHEREAS, the City of Jonesboro wishes to enter into an agreement with Viking Capital, LLC. to indemnify the City of Jonesboro from and against any and all claims against the City of Jonesboro for any damages as a result of the installation of a grease trap in the City right of way behind 303 S. Main Street.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:
Section 1. The City of Jonesboro shall enter into an agreement with Viking Capital, LLC. to indemnify the City of Jonesboro from and against any claims against the City of Jonesboro for any damages resulting from the grease trap being placed in the City right of way behind 303 S. Main Street.
Section 2. The Mayor and City Clerk are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to effectuate this agreement.
PASSED AND APPROVED THIS 19TH DAY OF JULY 2022.