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with that applicable law. The stated indemnity continues until all applicable statutes <br />of limitation have run. <br />Contractor shall execute and deliver to City a Performance and Payment Bond with a <br />corporate surety in the sum of $25,000.00 or equal ("equal" may include a Letter of <br />Credit from a banking institution approved by City). This Contract will not become <br />effective until such a bond, in a form acceptable to City, has been delivered to City and <br />approved by the City Attorney. <br />19. Ownership of Documents. All plans, diagrams, analysis, reports and information <br />generated in connection with the performance of this Agreement ("Information") shall <br />become the property of the City, but the Contractor may retain copies of such documents <br />as records of the services provided. The City may use the Information for any reasons it <br />deems appropriate without being liable to the Contractor for such use. The Contractor <br />shall not use or disclose the Information for purposes other than performing the Work <br />contemplated by this Agreement without the prior consent of the City. <br />20. Dispute Resolution/Mediation. Each dispute, claim or controversy arising from or <br />related to this Agreement or the relationships which result from this Agreement shall be <br />subj ect to mediation as a condition precedent to initiating arbitration or legal or equitable <br />actions by either party. Unless the parties agree otherwise, the mediation shall be in <br />accordance with the Commercial Mediation Procedures of the American Arbitration <br />Association then currently in effect. A request for mediation shall be filed in writing with <br />the American Arbitration Association and the other party. No arbitration or legal or <br />equitable action may be instituted for a period of 90 days from the filing of the request <br />for mediation unless a longer period of time is provided by agreement of the parties. <br />Cost of inediation shall be shared equally between the parties. Mediation shall be held in <br />the City of Roseville unless another location is mutually agreed upon by the parties. The <br />parties shall memorialize any agreement resulting from the mediation in a Mediated <br />Settlement Agreement, which Agreement shall be enforceable as a settlement in any <br />court having jurisdiction thereof. <br />21. Annual Review. Prior to each anniversary of the date of this Agreement, the City shall <br />have the right to conduct a review of the performance of the Work performed by the <br />Contractor under this Agreement. The Contractor agrees to cooperate in such review and <br />to provide such information as the City may reasonably request. Following each <br />performance review the parties shall, if requested by the City, meet and discuss the <br />performance of the Contractor relative to the remaining Work to be performed by the <br />Contractor under this Agreement. <br />22. Conflicts. No salaried officer or employee of the City and no member of the Council of <br />the City shall have a financial interest, direct or indirect, in this Agreement. The violation <br />of this provision shall render this Agreement void. <br />23. Gove�ning Law. This Agreement shall be controlled by the laws of the State of <br />Minnesota. <br />G� <br />