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limitation of any immunity or limitation on liability to which the City is entitled under Minnesota Statutes, Chapter 466 or otherwise. This section 3.11 shall survive termination of this Agreement and shall be binding on the Developer regardless of the enforceability of any other provision of this Agreement. 3.12. Insurance. The Developer agrees to take out and maintain or require its general contractor to cause to be taken out and maintained until six months after the City has accepted the Public Improvements, public liability and property damage insurance covering personal injury, including death, and claims for property damage which may arise out of Developer's work or the work of its contractors or subcontractors. Liability limits shall not be less than $500,000 when the claim is one for death by wrongful act or omission or for any other claim and $1,500,000 for any number of claims arising out of a single occurrence. The City shall be named as an additional insured on the policy. The certificate of insurance shall provide that the City must be given the same advance written notice of the cancellation of the insurance as is afforded to the policy holder. 3.13. Developer's Default. In the event of default by the Developer as to any work or undertaking required by this Agreement, the City may, at its option and following 30 days' written notice to the Developer and an opportunity to cure, perform the work utilizing the Financial Guarantee to pay all costs associated therewith. In the event that the City is unable to utilize the Financial Guarantee for any reason, the Developer shall promptly reimburse the City for any expense incurred by the City in exercising its rights herein. This Agreement is a license for the City to act, and it shall not be necessary for the City to seek an order from any court for permission to enter the Property for such purposes. If the City does any such work, the City may, in addition to its other remedies, levy special assessments against the Property to recover the costs thereof. For this purpose, the Developer, for itself and its successors and assigns, expressly waives any and all procedural and substantive objections to the special assessments, including, but not limited to, hearing requirements and any claim that the assessments exceed the benefit to the land so assessed. The Developer, for itself and its successors and assigns, also waives any appeal rights otherwise available pursuant to Minnesota Statutes Section 429.081, provided the amount levied does not exceed the expenses actually incurred by the City. Further, the City may, at its option, as an additional remedy, recover expenses actually incurred by the City, in the manner provided by Minnesota Statutes, Section 415.01, 366.011 and 366.012, and the Developer hereby consents to the levy of such assessments without notice or hearing and waives its rights to appeal such assessments pursuant to such Minnesota Statutes, provided the amount levied does not exceed the expenses actually incurred by the City pursuant to this Agreement. 3.14. Compliance with Existing Laws. The Developer warrants that all obligations performed pursuant to this Agreement shall be in compliance with existing Federal, State and City laws, ordinances, pertinent regulations, standards, and specifications of the City. 3.15. Entitlements; Permits. This Agreement does not include the approval of any land use entitlements, subdivisions, site plans, or building permits for any structures within the Property. The Developer must submit for and the City must approve any such entitlements or permits prior 12 MU210-262-628764.v18