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1 Automobile Liability Coverage SUBRECIPIENT shall also obtain and maintain, during <br />the effective period of this Agreement, broad form automobile liability coverage with a $1,001O,OQO linut <br />unless reduced by CITY, which applies to both owned/leased and non -owned automobiles used by <br />SUBRBCIPIENT employees or participants in performance of this Agreement, or, in the event that <br />SUBRECIPTENT will not utilize such owned/leased automobiles but intends to require employees, <br />participants or other agents 'to utilize their own automobiles in the Eerfotmance of this Agreement, <br />SV)3RECIPIENT shall secure and maintain on file from all such employees, participants, or agents as <br />self -certification of automobile insurance Coverage. Governmental entities way provide proof of self- <br />insurance: <br />3. Workers' Compensation, I£SLTBREC]PtLtW is an "employer'; as set forth in California, <br />Labor Code Section 3NO et seq., or utilizes participants as employees," as set £Drill in California Laliar <br />Cade Section 3350 et seq., SUBI CIPIENi shall otttato and keep is force during the term of this <br />Agreement full Workers' Compensation insUmnee coverage for injuries suffered by participants "Said <br />ins policy shall guarantee CITY at least thirty (30) days written notice of cancellation or <br />modification. <br />4. Equipment Coverage. SUElRECOWNT shall purchase a policy or policies of insurance <br />covering loss or damage to any and AD Equipment provided to or purchased by SUBItECIPTENT in <br />accordance with this Agreement. Said ingn sncc shall be. in the amount of tea full replacement value <br />thereof, providing proteotion against the classification of fire, extendcd coVetage, vandalism, malicious <br />mischief,, theft, and special extended perils: Governmental entities may substitute a editifieate of self <br />insurance: <br />5, proof of Insurance. Certificates and endorsements must be submitted and approved by <br />MY prior to any work under this Agreement. SUBRECIPIENT; understands that CITY will make no <br />payments under this Agreement until the required certificates and endorsements have been approved by <br />CITY.; <br />$L REVERSION OF ASSI TS <br />A. Upon ibe expiration of this Agreemeut, SUBRECIPIENT .shall transfer to CITY any CDBG <br />funds on hand at the time of the expiration of this Agreement as well as any accounts receivable atlrihutahle <br />to the use of CDBG funds. [24 CFR 570.503(b)(7)} <br />B. Any real property under SUB1tECiPIENT'a control that was acquired or improved in whole or m <br />part with CDI3G funds in excess of $25,000.00 must either be: <br />1. Used, where CITY has given written approval, to meet one of the national <br />objectives stated hi 24 CFR 570,208 until five (5) years after expiration of this Agreement, or for such longer <br />period of time as determined to be appropriate by CITY; or <br />2. If not used in accordance with subparagraph 1 above, SVBRECIPIENT shall pay to <br />CM an amount equal to the current fair market value of the property less any portion of the value <br />attributable to the expenditure of non-CDBG funds for acquisition of, or improvement to, the property. Such <br />payment is program income to CITY. <br />C. Subject to the obligations set forth herein, title to equipment acquired under the terms of this <br />Agreement will vest upon acquisition in SUBRECIPIENT. When said equipment which has been acquired <br />in accordance with this Agreement and all applicable regulations is no longer needed for said program, <br />disposition of said equipment will be made as follows: <br />12 <br />