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• <br />• <br />• <br />employed by any of them. Limits for bodily injury and death shall be not <br />less than Five Hundred Thousand and no /100 ($500,000.00) Dollars for one <br />person and One Million and no /100 ($1,000,000.00) Dollars for each <br />occurrence; limits for property damage shall be not less then Two Hundred <br />Thousand and no /100 ($200,000.00) Dollars for each occurrence; or a <br />combination single limit policy of One Million and no /100 ($1,000,000.00) <br />Dollars or more. The City, its employees, its agents and assigns shall be <br />named as an additional insured on the policy, and the Developer or all its <br />subcontractors shall file with the City a certificate evidencing coverage prior <br />to the City signing the plat. The certificate shall provide that the City must <br />be given ten (10) days advance written notice of the cancellation of the <br />insurance. The certificate may not contain any disclaimer for failure to give <br />the required notice. <br />X. REIMBURSEMENT OF COSTS FOR DEFENSE <br />A. The Developer agrees to reimburse the City for all costs incurred by the City <br />in defense of enforcement of this contract, or any portion thereof, including <br />court costs and reasonable engineering and attorneys' fees if the City prevails <br />in such action. <br />XI. VALIDITY <br />A. If a portion, section, subsection, sentence, clause, paragraph or phrase in this <br />contract is for any reason held to be invalid by a court of competent <br />jurisdiction, such decision shall not affect or void any of the other provisions <br />of the Development Contract. <br />XII. GENERAL <br />A. Binding Effect <br />1. The terms and provisions hereof shall be binding upon and insure to <br />the benefit of the heirs, representatives, successors and assigns of the <br />parties hereto and shall be binding upon all future owners of all or <br />any part of the Subdivision and shall be deemed covenants running <br />with the land. <br />B. Notices <br />1. Whenever in this agreement it shall be required or permitted that <br />notice or demand be given or served by either party to this agreement <br />to or on the other party, such notice or demand shall be delivered <br />personally or mailed by United States mail to the addresses <br />hereinbefore set forth on Page 1 by certified mail (return receipt <br />requested). Such notice or demand shall be deemed timely given <br />when delivered personally or when deposited in the mail in <br />