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9.04 Permits; Bonds. The Council is responsible for obtaining and bearing all cost of <br />obtaining all applicable local and state licenses, permits, bonds, and authorizations necessary for <br />performing the work in this agreement. The City shall require appropriate performance and <br />payment bonds from the Contractor with such terms and in such amounts that, at a minimum, <br />meet all state and bond requirements for performance of public work. <br />9.05 Legal Compliance. All Project work under this agreement shall be governed by <br />and construed according to the laws of the State of Minnesota. The City and the Contractor will <br />comply with all applicable local, state, or federal laws or regulations applicable to the Project. <br />The most recent version of these shall govern at any given time. The City shall monitor its <br />agents, the Contractor, and employees for the purposes of ensuring compliance with all <br />applicable laws. If any change in circumstances or law will affect the performance of the Project <br />work, the City will notify the Council's Project Manager of the change in circumstances or law at <br />the City's earliest opportunity. <br />9.06 Termination. The parties may mutually agree to terminate this agreement. Such <br />termination must be in writing subscribed by authorized representatives of the parties and must <br />describe the rights and obligations of the parties with regard to the Project work completed at the <br />time the termination is effective. The City shall include in the Contract reasonable and <br />appropriate terms that provide for termination of the Contract by the City for cause and for <br />convenience. <br />9.07 Notices. Any notice, request, or demand which may or must be given by a <br />party under the terms of this agreement or any statute or ordinance, shall be effective and <br />deemed properly given two (2) business days after it is deposited in the U.S. Mail or delivered <br />in person to the other party addressed as follows: <br />Page 142 <br />