The grantee shall at all times protect, indemnify, and hold harmless the city, from all claims, actions, suits, liability, loss, expense or damage of any and every kind and description, including investigation costs, court costs and attorney fees, which may accrue to or be suffered or claimed by any person or persons arising out of any negligence, fault or misconduct of the grantee, its agents, officers, servants and employees, including but not limited to construction, repair, maintenance or operation of the cable system and by reason of any license, copyright, property right, patent or workers’ compensation claims.

Grantee shall maintain in full force and effect liability insurance in one or more solvent insurance companies authorized to do business in Iowa insuring the city and the grantee with regard to all damages and claims in reasonable amounts to be determined from time to time by the council. The initial amount of liability insurance required shall be $300,000.00 per claim. Upon request of the council, the grantee shall provide a complete copy of the policies then in effect to the council. [Ord. 456, 1996; Code 1975 § 7-3.0408.]