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Section 3. Laclede shall indemnify and hold said City harmless from all liability, <br /> judgments, decrees, costs, expenses and attorneys' fees incurred or imposed on account of <br /> injury or damage to person or property arising from the negligent acts or omissions or <br /> mismanagement of Laclede or its subcontractors in the construction, reconstruction, <br /> excavation, extension, restoration, placing or maintenance of the mains, service pipes, <br /> conduits, conductors or other equipment in along, across, over or under any of the streets, <br /> roads, alleys, sidewalks, squares, bridges or other public places in the City of University <br /> City in the exercise of any of the rights and privileges conferred by this ordinance. <br /> Section 4. The rights, privileges and authority hereby granted shall inure to and be <br /> vested in Laclede, its successors and assigns, successively, subject to all of the terms, <br /> provisions and conditions herein contained, and each of the obligations hereby imposed <br /> upon Laclede shall devolve and be binding upon its successors and assigns, successively, <br /> in the same manner. <br /> Section 5. As consideration for the rights and privileges conferred by this <br /> ordinance, Laclede shall pay to said municipality the gross receipts taxes, if any, lawfully <br /> provided for by applicable ordinances, as the same may be amended from time to time so <br /> far as such ordinances are reasonably applicable to the condition and business of the <br /> Company, and charges to the Company for any use of the public rights-of-way shall be <br /> limited to right-of-way management costs as determined in accordance with section <br /> 67.1840 RSMo. (2011). <br /> Section 6. Laclede shall, within sixty (60) days after the passage and approval of this <br /> ordinance, file its acceptance thereof with the Clerk of the City of University City, and <br /> this ordinance shall continue and remain in full force and effect as a renewal of the <br /> preceding franchise for a period of twenty (20) years from the effective date as <br /> determined in accordance with Section 71.520 RSMo. (2000). <br /> Section 7. Neither acceptance of, nor compliance with, the provisions of this <br /> ordinance shall in any wise impair or affect, or constitute or be construed as a <br /> relinquishment or waiver of, any right, permission or authority which Laclede, its <br /> successors or assigns, may have independently of this ordinance; nor shall any use by <br /> Laclede, its successors or assigns, of public property or places in the City of University <br /> City, as authorized by this ordinance or service rendered by Laclede, its successors or <br /> assigns, in said City, be treated as use solely of the rights, permission and authority <br /> provided for by this ordinance or as service referable solely to this ordinance or to any <br /> obligation of service consequent upon acceptance thereof or as in any wise indicating <br /> non-use of, non-compliance with, any obligation incident to, any right, permission or <br /> authority vested in Laclede, its successors or assigns, independently of this ordinance; <br /> and the acceptance provided for in Section 6 of this ordinance, and each and every <br /> compliance with the provisions of this ordinance or with any obligation arising from <br /> acceptance thereof, shall be subject to, and conditioned by, the provisions of this Section <br /> 7, with the same force and effect as though each of the provisions of this section were <br /> expressly incorporated in such acceptance and expressly declared by the acceptor, its <br /> successors or assigns, at and prior to the time of such compliance by it, as conditions of <br /> such compliance. <br />