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<br />a, Builder's risk insurance for construction in progress for all perils of loss including fire, wind,
<br />hail, and vandalism in an amount equal to the completed value of the PROJECT.
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<br />b. Worker's compensation and employer's liability insurance in the required statutory amounts.
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<br />c. Automobile liability insurance that includes coverage for all owned, non-owned and hired
<br />vehicles with minimum limits of $1 ,000,000 combined single limit for bodily injury and property
<br />damage.
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<br />d. Commercial general liability insurance with minimum limits of $1,000,000 combined single limit
<br />for each occurrence and $2,000,000 general aggregate. This insurance coverage shall
<br />include products/completed operations and bodily injury/property damage
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<br />D. GENERAL PROVISIONS
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<br />1. Periodic Inspections. Throughout the term of this contract, the BORROWER shall permit a
<br />designated representative of the CWCB to make periodic inspections of the PROJECT. Said
<br />inspections shall cover the condition of the PROJECT, operating records, maintenance records,
<br />and financial records. These inspections are solely for the purpose of verifying compliance with
<br />the terms and conditions of this contract and shall not be construed nor interpreted as an approval
<br />of the actual design, construction or operation of any element of the PROJECT facilities.
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<br />2. Adhere To Applicable Laws. The BORROWER and PARKS shall strictly adhere to all applicable
<br />federal, state, and local laws and reguiations that are in effect or may hereafter be established
<br />throughout the term of this contract.
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<br />3, Designated Agent Of The CWCB. The CWCB's agents and employees are hereby designated
<br />as the agents of the CWCB for the purpose of this contract.
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<br />4. Contract Is Not Assignable. The BORROWER and PARKS may not assign this contract except
<br />with the prior written approval of the CWCB.
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<br />5. Contract Relationship. The parties to this contract intend that the relationship between them
<br />under this contract is that of lender-borrower, not employer-employee, No agent, employee, or
<br />servant of the BORROWER or PARKS shall be, or shall be deemed to be, an employee, agent, or
<br />servant of the CWCB. The BORROWER and PARKS shall be solely and entirely responsible for
<br />their acts and the acts of their agents, employees, servants, engineering firms, construction firms,
<br />and subcontractors during the term of this contract.
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<br />6, Complete Integration Of All Understandings. This agreement is intended as the complete
<br />integration of all understandings between the parties, No prior or contemporaneous addition,
<br />deletion, or other amendment hereto shall have any force or effect whatsoever unless embodied
<br />herein in writing. No subsequent novation, renewal, addition, deletion, or other amendment
<br />hereto shall have any force or effect unless embodied in a written contract executed and approved
<br />pursuant to STATE fiscal rules, unless expressly provided for herein.
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<br />7. In Event Of A Conflict. In the event of conflict between the terms of this contract and conditions
<br />as set forth in any of the appendices, the provisions of this contract shall control.
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<br />8. CWCB May Release Contract. In its sole discretion, the CWCB may at any time give any
<br />consent, deferment, subordination, release, satisfaction, or termination of any or all of the
<br />BORROWER'S obligations under this contract, with valuable consideration, upon such terms and
<br />conditions as the CWCB may determine to be advisable to further the purposes of this contract or
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