11.02 - Pequot Lakes Historical Society Lease of Cole Bldg

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with respect to any one person at lease $1,000,000 with respect to any one accident, and at least `-- $1,000,000 with respect to property damage. damage. Prior to the lease commencement date, Lessee agrees to furnish. Lessor with. a certificate of insurance evidencing such coverage with companies licensed to do business in the State of Minnesota and rated at least A by AM Best Company, and in a form satisfactory to Lessor. Lessee further agrees to have Lessor named as an additional insured on said insurance policy and provide evidence by certificate of such insurance prior to the policy's anniversary date. Said certificate will also show that Lessor will be given notice of at lease thirty (30) dys prior to any cancellation of coverage. 9. Maintenance, Repair, Replacement. Lessee covenants that throughout the term of this Lease, Lessee will, at its own expense, maintain the Premises and all improvements and fixtures thereon in good order and repair, and shall promptly make all necessary repairs, including, but not limited to, internal, plate glass, plumbing, heating and air conditioning facilities within the Premises, and shall keep the Premises in a clean, safe and sanitary condition in conformity with all applicable laws, ordinances, regulations and codes. Lessor shall be under no obligation to rebuild, replace, maintain or make repairs to the Premises or the improvements and fixtures thereon, during the term of this Lease: provided, however, that Lessor shall make available to Lessee to the extent of Lessee's actual expenditures therefore any monies received by Lessor in reimbursement or in compensation for damage or loss to the Premises in connection with any bonds, insurance, damage recovery or litigation affecting the premises. The Premises shall be returned to Lessor at the termination of the Lease in at least as good of a condition as the Premises are in as of the commencement of the Lease. Lessor shall have the right at any reasonable time to inspect the Premises. Lessor may request that Lessee make repairs which in Lessor's opinion are reasonable and essential for the protection and maintenance of the Premises or any part thereof, if Lessee fails to commence such repairs within fifteen (15) days after notice from Lessor, Lessor may make such repairs or cause such repairs to be made, and any expenditures for such work shall be considered as Additional Rent payable in addition to any other rent payable hereunder. 10. Utilities. Lessor shall furnish water and sewer utility service at no cost to Lessee. Lessee shall be solely responsible for all other utilities including, but not limited to gas, electricity, Internet access, and others. Responsibility includes payments, hookup costs, and any other costs associated with utility services, which are used in the Premises and the landscaped areas, adjacent parking lot, and sidewalks. Lessor shall not be liable in damages or otherwise for failure to furnish such services where failure or interruption is due to causes beyond Lessor's reasonable control. 11. Indemnification. Each party agrees that it will be responsible for its own acts and the results thereof to the extent authorized by law and shall not be responsible for the acts of the other party and the results thereof. The liability of the City of Pequot Lakes shall be governed by and limited to the provisions of the Minnesota Municipal Tort Claims Act, Minnesota Statutes 466 and other applicable law.