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new connection made by the Owner to the South Bend Municipal Water Works, a capital <br />contribution of $500 shall be collected per ERU. All charges shall be paid to the City at the time <br />the application for service is filed. <br />4. Maintenance Bond <br />Owner agrees to provide the City with a maintenance bond equal to ten (10) percent of the <br />construction costs covering all work performed by the Owner pursuant to this Agreement and such <br />bond shall remain in effect for three (3) years after dedication as described in Section 6 below. <br />5. Waiver of Remonstration <br />Owner agrees to waive its right to remonstrate and hereby consent to annexation. Further, <br />Owner agrees to execute a petition of annexation upon request by the City. <br />6. Dedication <br />Upon completion of the construction of said water and sanitary sewer systems, Owner shall <br />also convey an easement and dedicate to the City within such easement all water and sanitary <br />sewer system improvements as depicted in Exhibit B. <br />7. Indemnification <br />Owner agrees and undertakes to indemnify and hold the City, and its respective agents, <br />employees, successors, and assigns, harmless from any liability, loss, costs, damages or expenses, <br />including attorneys' fees, which the City may suffer or incur as a result of any claims or actions <br />which may be brought by any person or entity arising out of this Agreement. If any action is <br />brought against the City or its respective agents, employees, successors, or assigns, in connection <br />with this Agreement, Owner agrees to defend such action or proceedings at its own expense and <br />