09.06 Equipment Use Agreement for Water and Wastewater Operations Services

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additional insureds on the municipal liability policy for each pa rty. 3.3 The Borrower agrees to maintain the appropriate automobile, property, and liability coverages with the League of Minnesota Cities Insurance Trust under standard LMCIT liability coverage forms. The Borrower shall add the Lender as an "additional insured" to the Borrower's liability coverage for purposes of this Agreement. The Borrower's coverage shall be primary and non-contributory to any other coverage available to the Lender. (Note: Under the LMCIT coverage document, a covered party includes any person or organization from whom a city leases premises or equipment that is not an automobile and to whom the city is contractually obligated to have named as an additional covered party under an agreement.) 4. COMPENSATION 4.1 The use of the jetter will cost PRASD $0.35 per foot. 4.2 The use of the service truck will cost PRASD $10.00 per hour plus mileage at the current rate the IRS allows. 4.3 The use of the trailer mounted generator will cost the CITY $10.00 per hour. 4.4 Fuel; the owner is responsible to fill all fluids prior to the equipment's use. The renter is responsible to refill all fluids prior to the return of equipment. 5. MISCELLANEOUS 5.1 Exclusivitv. The parties agree that the use of listed equipment is solely for their use, and cannot be re-rented or loaned to anyone. Nor can the equipment be used by anyone not a current employee of the parties. 5.2 Right of use or return. The parties may without prior warning need the use of their equipment. The other party agrees to return the equipment as soon as is safe to do so. 5.3 Equipment Maintenance. All regular or routine maintenance shall be completed by the owning party. Maintenance required that is not regular or routine shall be discussed by the parties prior to implementation.