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the services provided by Otter Lake. <br />V. AUDIT DISCLOSURE AND RETENTION OF RECORDS <br />Otter Lake agrees to make available to duly authorized <br />representatives of the Municipality and either the <br />legislative auditor or the state auditor for the <br />purpose to audit examination pursuant to Minn. Stat. <br />16B.06, any books, documents, papers and records of <br />Otter Lake that are pertinent to Otter Lake's provision <br />of services hereunder. Otter Lake further agrees to <br />maintain all such required records for three (3) years <br />after receipt of final payment and the closing of all <br />other related matters. <br />VI. INSURANCE <br />Otter Lake shall purchase, maintain in full force and <br />effect during the term of this Contract and provide <br />proof of the following insurance coverage: <br />A. WORKER'S COMPENSATION: Coverage at <br />statutory limits as provided by the <br />State of Minnesota. <br />B. COMPREHENSIVE GENERAL LIABILITY: <br />Coverage shall have minimum limits <br />of $1,000,000 per occurrence, <br />combined single limit for bodily <br />injury liability and property <br />damage liability. <br />C. BUSINESS AUTO LIABILITY: Coverage <br />shall have minimum limits of <br />$500,000 per occurrence, combined <br />single limit of bodily injury <br />liability and property damage <br />liability. This shall include <br />owned vehicles, hired and non -owned <br />vehicles and employee non- <br />ownership. <br />Current valid insurance <br />certificates meeting the <br />requirements herein identified <br />shall be filed with the <br />Municipality before signing of this <br />Contract. All policies shall <br />provide, and the certificate issued <br />shall evidence, that the <br />Municipality will be notified in <br />writing at least thirty (30) days <br />prior to cancellation or <br />modification of coverage. <br />