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11/02/1987 Park Board Packet
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11/02/1987 Park Board Packet
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Park Board
Park Bd Document Type
Park Board Packet
Meeting Date
11/02/1987
Park Bd Meeting Type
Regular
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so as to repossess _ the leased property as before this <br /> Lease, without prejudice to any other remedies . <br /> 11 . HOLDING OVER. In the event the City continues to <br /> occupy the leased property after the last day of any term herein <br /> created and the School District takes no action by notice or <br /> otherwise to remove the City from the property, a tenancy for <br /> year-to-year only shall be created and not for any longer period <br /> and the terms of this Lease shall continue to apply. <br /> 12 . INSURANCE. The City agrees , at no expense to the <br /> School District, to maintain and cause to be maintained general <br /> public liability insurance in the amount of at least $600,000, or <br /> any increased amount provided by Minnesota Statutes , Chapter 466 , <br /> during the term of this agreement to protect against claims for <br /> personal injury, death or damage to property occurring on or <br /> n about the leased premises , with the School District as an addi- <br /> tional insured. A certificate of insurance or copy of the policy <br /> showing the School District as additional insured and covering <br /> the period of this Lease, including any holdover period, shall be <br /> furnished to the School District at all times during this Lease, <br /> and failure to do so may cause a forfeiture of this Lease at the <br /> option of the School District. The City agrees to indemnify and <br /> keep the School District harmless from and against any and all <br /> claims , actions , damages , liabilities , suits and expense <br /> (including reasonable attorney' s fees) , in connection with loss <br /> of life, personal injury or damage to property of others , in or <br /> ram, <br /> -5 <br />
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