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Page -3- <br />4.COMMITMENT OF AUTHORITY TO GRANT FUNDS <br />Subject to the terms and conditions of the GRANT AGREEMENT, <br />AUTHORITY agrees to grant to GRANTEE an amount not to exceed Twenty- <br />One Thousand Four Hundred Thirty-Five and 00/100 Dollars ($21,435.00) with <br />the condition that GRANTEE must submit a claim for the balance of these funds <br />by July 21, 2021, unless extended in writing by AUTHORITY, or any <br />unrequested funds will be lost.. The AUTHORITY shall have no obligation to <br />disburse any of these funds if, at the time of disbursement, GRANTEE is in <br />default under any of the terms of the GRANT AGREEMENT. <br />5.AFFIRMATIVE COVENANTS <br />To further induce AUTHORITY to make the requested grant, GRANTEE hereby <br />covenants and agrees that it shall: <br />5.1. <br />A. Purchase and maintain such insurance as will protect it from claims <br />which may arise out of, or result from, its operations related to this GRANT <br />AGREEMENT, whether such operations be by the GRANTEE or by any <br />subcontractor, or by anyone directly employed by them, or by anyone for <br />whose acts any one of them may be liable. <br />B. Secure the following coverages and comply with all provisions noted. <br />Certificates of Insurance shall be issued evidencing such coverage to the <br />AUTHORITY throughout the term of this GRANT AGREEMENT. <br />1.Commercial General Liability Insurance <br />$ 500,000 per claim <br />$1,500,000 per occurrence <br />$2,000,000 general aggregate <br />$2,000,000 products/completed operations total limit <br />$1,500,000 personal injury and advertising liability <br />This policy shall be written on an occurrence basis using ISO form CG 00 <br />01 or its equivalent. Coverage shall include contractual liability and XCU. <br />GRANTEE will be required to provide proof of completed operations <br />coverage for 3 years after substantial completion. <br />GRANTEE is required to add the AUTHORITY, Ramsey County, their <br />officials, employees, volunteers and agents as Additional Insured to the <br />GRANTEE’s Commercial General Liability and Umbrella policies with <br />respect to liabilities caused in whole or part by GRANTEE’s acts or <br />omissions, or the acts or omissions of those acting on GRANTEE’s behalf <br />in the performance of the ongoing operations, services and completed <br />operations of the GRANTEE under this GRANT AGREEMENT. The