No Liability for City Approval. The Subdivider acknowledge and agree (1) that the City is not, and shall not be, in any way liable for any damages or injuries that may be sustained as the result of the City's issuance of any approvals or acceptances of the improvements or use of any portion of the improvements, and (2) that the City's issuance of any approvals or acceptances does not, and shall not, in any way be deemed to insure the Subdivider, or any of its heirs, successors, assigns, tenants, or licenses, or any third party, against damage or injury of any kind at any time.