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6.8.3. Evidence by the Commission that no outstanding taxes, fees, charges, <br />mortgages, liens, encumberances or other assessments have been filed or are recorded <br />against the Property. <br />6.8.4. Evidence of insurance coverage with limits of liability as determined by <br />the City's Project Manager. All insurance coverage required by this section shall remain <br />in full force and effect during the terns of this Agreement. <br />6.8.5. Identification of the prime contractor and subcontractor(s) selected by the <br />Commission for the Remediation Work. <br />6.8.6. The City's receipt of cleanup project cost breakdown based upon estimates <br />and prices supplied by the Commission. <br />6.9. The City reserves the right to waive any or all of the requirements of Section 6.8. <br />7. Performance of Work and Payment. <br />7.1. The Commission shall commence work on the Remediation Work within 30 days <br />from the date of execution of this Agreement and shall complete and perform all of the <br />Remediation Work by December 3l, 2011 in accordance with the approved schedule of work <br />("Schedule of Work") attached hereto and made a part hereof as Exhibit E. <br />7.2. All Remediation Work performed pursuant to this Agreement and with Project <br />Grant Funds shall be performed in a good and workmanlike manner. <br />7.3. The City shall disburse the Project Grant Funds to the Commission no later than <br />30 days following receipt of a draw request (which draw requests shall not be made more <br />frequently than monthly) and satisfactory documentation of expenditures for the Work. The City <br />and the Commission agree not to unreasonably delay or withhold delivery or payment of draw <br />requests. <br />7.4. The City may withhold up to ten percent (10%) of each payment requested as a <br />retainage until the Commission has completed the Remediation Work. <br />7.5. All material changes or modifications to the Remediation Work or the Project <br />Documents shall be approved in writing by the City prior to such change or modification <br />becoming effective. All additional costs incurred, as the result of any change orders shall be the <br />responsibility of the Commission. In the event that unforeseen conditions are discovered during <br />the implementation of the Remediation Work, the Commission reserves the right to revise the <br />cleanup action and the Project Documents. <br />7.6. The Commission, at its sole cost and expense, and from sources other than Grant <br />Funds, shall be responsible for obtaining all permits, licenses, approvals, certifications and <br />inspections required by federal, state or local law and to maintain such permits, licenses, <br />approvals, certifications and inspections in current status during the term of this Agreement. <br />6 <br />