Title
Dept/ Agency: Offices of Municipal Council/City Clerk
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Hold Harmless and Indemnification Agreement
Purpose: 4th Ironbound Multi-Cultural Festival - “Celebrate Newark”
Entity Name: Edison Parking Corporation
Entity Address: 110 Edison Place, Newark, New Jersey 07102
Event Location: 110 Edison Place, 1st floor, Newark, New Jersey 07102
Event Date(s): Friday, October 14, 2016 through Wednesday, October 26, 2016
Event Time: 6:00 P.M. until 10:00 P.M.
Additional Information:
Sponsor: Council Member, Augusto Amador
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WHEREAS, the Newark Municipal Council desires to support the 4th Ironbound Multi-Cultural Festival - “Celebrate Newark” at the Edison Parking Corporation, 1st Floor, Newark, New Jersey 07102, between the hours of 6:00 P.M. until 10:00 P.M., sponsored by Council Member Augusto Amador; and
WHEREAS, the Newark Municipal Council has indicated its support for this wholesome event that will benefit Newark residents by approving the issuance of a Hold Harmless and Indemnification Agreement to the Edison Parking Corporation, 110 Edison Place, Newark, New Jersey 07102.
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. The Municipal Council of the City of Newark supports the issuance of a Hold Harmless and Indemnification Agreement, drawn by the City of Newark Insurance Fund Commission for the benefit of Edison Parking Corporation, 110 Edison Place, Newark, New Jersey 07102 for any claims arising out of the City of Newark’s use of Edison Parking Corporation’s, 1st Floor, Newark, New Jersey 07102 for the 4th Ironbound Multi-Cultural Festival - “Celebrate Newark,” between the hours of 6:00 P.M. until 10:00 P.M.
2. The City Clerk, on behalf of the Newark Municipal Council, shall forward a true copy of the Hold Harmless and Indemnification Agreement to the Edison Parking Corporation, 110 Edison Place, Newark, New Jersey 07102 for their records.
3. A copy of the executed Hold Harmless and Indemnification Agreement, drawn by the Insurance Fund Commission, shall be filed in the Office of the City Clerk.
STATEMENT
This resolution hereby supports the issuance by the City of Newark Insurance Fund Commission of a Hold Harmless and Indemnification Agreement for the benefit of the Edison Parking Corporation, 110 Edison Place, Newark, New Jersey 07102, for any claims arising out of the City of Newark’s use of Edison Parking Corporation’s, 1st Floor, Newark, New Jersey 07102, on Friday, October 14, 2016 through Wednesday, October 26, 2016 from 6:00 P.M. until 10:00 P.M. for the 4th Ironbound Multi-Cultural Festival - “Celebrate Newark,” sponsored by Councilman, Augusto Amador.
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