Saturday, May 7, 2011

Did You Know #24

Did you know that the City did not require the Aldridges to provide an insurance policy or bond to back up their promise to indemnify the City from any legal claims relative to this annexation?

If the Aldridges go bankrupt, what happens to the indemnification?

Who is left paying the bills?  TAXPAYERS????

And the real question is.... Why would the City do that? 

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