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HomeMy WebLinkAboutAGR-7817 - PROLOGIS, L.P. - INDEMNIFICATION AGREEMENTINDEMNIFICATION AGREEMENT THIS INDEMNIFICATION AGREEMENT ("Agreement") is made as of this ___day of __________, 2024, by and between Prologis L.P., a Delaware Limited Partnership ("Applicant"), and the City of Orange, a municipal corporation ("City"). RECITALS WHEREAS, Applicant is the owner of real property located at 534 Struck Avenue in the City, (APN 375-331-04) the site of a former manufacturing facility (the "Property"). WHEREAS, at the request of Applicant, the City is processing entitlements and an environmental assessment to redevelop the Property (the "Proposed Project"). NOW, THEREFORE, Applicant and the City do hereby agree as follows: 1. Incorporation of Recitals. The recitals stated hereinabove are incorporated into this Agreement by this reference. 2. Indemnification. If the City approves the Proposed Project, Applicant agrees to defend, at its sole expense, any action against the City, its agents, officers, and employees (the "Indemnitees") challenging the City’s approval of the Proposed Project or the environmental assessment prepared in connection with the Proposed Project. In addition, Applicant shall reimburse the Indemnitees for any court costs and attorney fees which the Indemnitees may be required to pay as a result of such Action. The City may, at its sole discretion, participate at its own expense in the defense of any such action, but such participation shall not relieve Applicant of its obligation hereunder. 3. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall be deemed to be one and the same agreement. A signed copy of this Agreement delivered by facsimile, e-mail or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original signed copy of this Agreement. 4. Authorization and Understanding. Having read and understood this Agreement, all persons signing below represent and warrant that they have been fully authorized to act on behalf of the party for whom they are signing. [Remainder of Page Intentionally Left Blank] Docusign Envelope ID: BAD56A91-A17B-4371-9145-4A029468B296Docusign Envelope ID: CC43C3D9-2929-4E73-8EE5-F82A3DED7818 21st March 2025, AGR-7817 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written. -2- CITY: Dated: _______________ CITY OF ORANGE By: Name: Its: APPROVED AS TO FORM: Dated: _______________ By: Name: Its: City Attorney APPLICANT: Prologis-Exchange Orange Industrial Ctr 6 LLC Dated: _______________ a Delaware limited liability company By: _________________ Name: _________________ Its: _________________ of Prologis, Inc. a Maryland corporation APPROVED AS TO FORM: Dated: _______________ RUTAN & TUCKER, LLP By: Name: Its: Micheal Vigliotta Jonathan Payne John Ramirez Attorney VP, Development Officer Docusign Envelope ID: BAD56A91-A17B-4371-9145-4A029468B296 11 December 2024 11 December 2024 13 December 2024 City Manager Thomas C. Kisela ATTEST: ________________________ Pamela Coleman, City Clerk Docusign Envelope ID: CC43C3D9-2929-4E73-8EE5-F82A3DED7818 3/21/2025