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X. INSURANCE <br />A. SUBRECIPIENT shall furnish the CITY Clerk's Office with an insurance <br />certificate from its workers compensation insurance carrier certifying that it carries such <br />insurance as established and required under California law and that the policy shall not be <br />canceled nor the coverage reduced except upon thirty (30) days prior notice to CITY. <br />B. SUBRECIPIENT shall obtain, at its sole cost, a policy or policies of <br />commercial general liability insurance, or equivalent form, with a combined single limit <br />of not less than $1,000;000 per occurrence. <br />Such insurance shall: (1) name the City of Santa Ana, its officers, agents, <br />representatives, employees and volunteers as additional insureds; (2) be primary with <br />respect to insurance or self-insurance programs maintained by the CITY; (3) contain <br />standard separation of insureds provisions; and (4) give to CITY prompt and timely <br />notice of claim made or suit instituted arising out of SUBRECIPIENT's operations <br />hereunder. <br />SUBRECIPIENT shall: (a) prior to exercising any right under this <br />Agreement, furnish properly executed certificates of insurance and additional insured <br />endorsement to the CITY, for approval by the City's City Attorney which shall clearly <br />evidence all coverage required above; (b) provide that such insurance shall not be <br />materially changed or terminated except on 30 days prior written notice to the CITY; (c) <br />maintain such insurance for the period covered by this Agreement; and (d) replace such <br />certificates for policies expiring prior to the expiration of this Agreement. <br />XI. REVERSION OF ASSETS <br />A. Upon the expiration of this Agreement, SUBRECIPIENT shall transfer to <br />CITY any EZ funds on hand at the time of the expiration of this Agreement as well as any <br />accounts receivable attributable to the use of EZ funds. <br />B. Any real property under SUBRECIPIENT's control that was acquired or <br />improved in whole or in part with EZ funds in excess of $25,000.00 must either be: <br />1. Used, where CITY has given written approval, to meet one of the <br />national objectives stated under federal law until five (5) years after expiration of this <br />Agreement, or for such longer period of time as determined to be appropriate by CITY; or <br />2. If not used in accordance with subparagraph A above, <br />SUBRECIPIENT shall pay to CITY an amount equal to the current fair market value of the <br />property less any portion of the value attributable to the expenditure of non-EZ funds for <br />acquisition of, or improvement to, the property. Such payment is program income to CITY. <br />Page 9 of 13 <br />