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DRAFT <br />10-14-09 <br /> <br />312576v1 SJR- <br />163485 MU205210-435 <br />6 <br /> <br />2. Business Auto with combined single limit of $1,000,000. <br /> <br />3. Standard Workers Compensation and Employers Liability with limits of: <br /> Bodily Injury by Accident $500,000 each accident; <br /> Bodily Injury by Disease $500,000 each employee; <br /> Bodily Injury by Disease $500,000 policy limit. <br /> <br />3 4. The City of Mounds View shall be provided with a certificate of insurance for all <br />of the policies maintained pursuant to this Agreement that shall show the <br />described coverage including the City as an additional insured, and the certificate <br />providing 60 days notice to the City of Mounds View in the event of cancellation <br />or non-renewal. <br /> <br />4 5. All required insurance shall be with a company acceptable to the City. <br /> <br />ARTICLE VI: INDEMNIFICATION; IMMUNITIES <br /> <br /> A. The YMCA shall defend, indemnify and hold harmless the City, the Mounds <br />View Economic Development Authority (the “EDA”), and their elected officials, <br />officers, employees, agents, and representatives, from and against any and all claims, <br />costs, losses, expenses, demands, actions or causes of action, including reasonable <br />attorneys' fees and other costs and expenses of litigation, which arise or purport to arise <br />out of this Agreement for services or goods provided by the YMCA hereunder. <br /> <br /> B. Nothing in this Agreement shall be deemed to be a waiver by the City, the EDA <br />or their elected officials of any limitations on or immunities from liability set forth in <br />Minnesota Statutes, Chapter 466 or to which the City, the EDA or their elected officials, <br />officers, employees, agents and representatives are otherwise entitled. <br /> <br />ARTICLE VII: TERMINATION <br /> <br />A. Termination for Cause. <br /> <br />If the YMCA fails to perform any of the terms, conditions, or requirements of this <br />Agreement, the City may give the YMCA thirty (30) days written notice of such failure. <br />After receipt of the written notice, the YMCA will have up to thirty (30) days to correct <br />the problem, except that the City may in any case take immediate steps it determines are <br />necessary to correct the problem in order to protect the health, safety and welfare of the <br />City and the public prior to the end of the thirty (30) day period without affecting the <br />City’s right to terminate the YMCA; and, provided further that the YMCA shall pay to <br />the City an amount equal to all City costs and expenses incurred in taking such action, <br />such payment to be made within 30 days of the City’s written request to the YMCA for <br />such reimbursement. If the YMCA fails to correct the problem within the thirty (30) day <br />period, the City may terminate the Agreement by giving the YMCA sixty (60) days <br />written notice of such termination.