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<br /> ------- ---.-- <br /> '2/7 <br /> 5. Provide the City with a notice if North Metro expands its client base beyond <br /> the cities of Roseville, Shoreview, Little Canada, North St. Paul, and North . <br /> Oaks. <br /> B. Term. This Agreement shall be effective upon execution by the parties and shall <br /> continue until December 31, 1998, or until terminated by either party upon a thirty <br /> (30) day written notice, whichever occurs first. <br /> C Compensation. The fees for electrical inspection services shall be based upon 80% <br /> of the permit fees as shown on Exhibit A attached and incorporated. The City shall <br /> remit payments within thirty (30) days following receipt ofa monthly invoice from <br /> North Metro. Invoices for inspections which were completed eighteen (I8) months <br /> prior to submission of the invoice shall be void and the City shall not be required to <br /> remit payment for such invoices. <br /> D. Insurance. North Metro shall secure and maintain the following minimum insLLrance <br /> coverages: <br /> l. Worker's Compensation as required by Minnesota law. <br /> 2. General liability insurance in the amount of $300,000 per claimant and <br /> $1,000,000 per occurrence. . <br /> 3. Professional liability insurance covering North Metro for liability incurred in <br /> performing its professional services. Coverage shall be in the amount of <br /> 5200,000 per negligent act, error, or omission and $400,000 aggregate each <br /> insured. <br /> 4. The general liability insurance and professional liability insurance shall <br /> include a statement that such policies will not be canceled until after thirty <br /> (30) days' written notice to the City of the insurance company's intention to <br /> cancel the insurance coverage. <br /> 5. North Metro shall provide the City with Certificates ofInsurance evidencing <br /> that the required insurance is in effect and will continue in effect during the <br /> term of this Agreement. <br /> 2 . <br />