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03-22-1989 Additions
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03-22-1989 Additions
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6/26/2013 12:37:04 PM
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related public improvements by any person or persons under its <br />jurisdiction or authorization. The City shall hold the District <br />harmless from and defend it against any claim, demand or cause of <br />action to recover the amount of any such loss, damage or claim for <br />which the City is responsible. A copy of the City's comprehensive <br />general liability insurance covering this potential liability under <br />this section will be furnished to the District. The District shall <br />be named as an additional named insured. <br />Section 8 Termination. This Agreement shall terminate <br />upon the occurrence of one of the following events, whichever <br />occurs first: <br />a. If the District fails to obtain the approval of <br />this Agreement by the Minnesota Commissioner of <br />Education, pursuant to applicable State law, or <br />b. If the District sells the Little Canada <br />Elementary School, or <br />c. If the District ceases to use the Little Canada <br />Elementary School as a school, or <br />d. The Gymnasium Addition is substantially <br />destroyed by fire or other casualty and is not <br />rebuilt by the District. <br />In the event of a termination under paragraph (a), (b), <br />(c) or (d) prior to December 31, 2009, the City shall be reimbursed <br />as of the date the facilities are no longer available for the <br />City's use pursuant to the following schedule: <br />Calendar Year Amount of Reimbursement <br />1990 <br />1991 <br />1992 <br />1993 <br />1994 <br />1995 <br />Page 6 <br />$70,000.00 <br />66,500.00 <br />63,000.00 <br />59,500.00 <br />56,000.00 <br />52,500.00 <br />
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