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<br />XIV Insurance. Each Party represents that it carries the respective insurance coverage <br />necessary for a school district or a municipality under Minnesota law and has and will maintain <br />coverage for operations. No Party waives its imitations on liability under Minnesota Statutes, <br />Chapter 466. <br /> <br />XV Dispute Resolution. If the Parties cannot agree on any matter arising out of this <br />Agreement, after a reasonable period of good faith negotiations, they agree to engage a qualified <br />third party to mediate the disagreement, and share the costs of the mediator on an equal basis. <br />The Parties will work in good faith with the mediator to find an acceptable solution and must <br />reduce any settlement agreement to writing. Any such agreement must be incorporated into and <br />made a part of this Agreement. If a mediated agreement cannot be reached each Party has <br />available to it all rights in law or equity. <br /> <br />XVI. Miscellaneous. <br /> <br />1. The failure of a Party to give notice of default, or to enforce or insist upon <br />compliance with any of the terms or conditions of this Agreement, the waiver of <br />any term or condition of this Agreement, or the granting of any extension of time <br />for performance, shall not constitute the permanent waiver of any term or <br />condition of this Agreement, and this Agreement and each of its provisions shall <br />remain at all times in full force and effect until modified by the Parties in writing. <br /> <br />2. This Agreement sets forth the entire understanding of the Parties. <br /> <br />3. This Agreement shall be binding and inure to the benefit of the Parties hereto and <br />their respective successors and assigns. <br /> <br />4. Each Party warrants and represents that it is duly authorized to execute this <br />Agreement. <br /> <br />5. The headings of this Agreement are inserted for convenience only and shall not <br />constitute a part hereof. <br /> <br />IN WITNESS WHEREOF, the Parties have caused this Agreement to be duly executed intending <br />to be bound thereby. <br /> <br />For City of St. Anthony <br /> <br />By: _______________________________ By: ________________________________ <br /> <br /> <br />Mayor City Manager <br /> <br /> <br />Date: ______________________________ Date: ______________________________ <br />18