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authorizing additicnai ex - erd�ta'res which may have beccr necessary and apprecriate <br /> after the adoption of the budget and for which special funds shall have been made <br /> available foilcwing adoption of said budget, in which event written notice of such <br /> matters shall be given to the parties. <br /> On or before the last day of each fiscal year, the Board shall file <br /> with the parties a statement of the actual income and expenditures made during the <br /> prior fiscal year. <br /> XIII. INSURANCE: The Board shall purchase and maintain comprehensive general <br /> liability insurance covering all activities in connection with this agreement, <br /> with provisions which (1) guarantee each party at least thirty (30) days written <br /> notice prior to cancellation or material change in the form of coverage, (2) name <br /> each party and each party's officers and employees as additional insureds under <br /> the policy, (3) state that such insurance coverage is primary to any other coverage <br /> of the above mentioned ad_.itional insureds, (4) provide coverage for all costs of <br /> defense, arising out of acts or omission in connection with this agreement, and <br /> (5) limit coverage to not less than $300,000 per person and $300,000 per accident, <br /> for bodily_ injury, and $100,000 for orcperty damage. <br /> The Board shill provide for 'Worker's Compensation coverage for all <br /> employees of the agency. <br /> XIV. WITI'fl'',vAL: Any party may withdraw from this agreement by complying with <br /> applicable U.S. Community Services Administration procedures and by arranging for <br /> the discharge of any pending' obligation it may have assumed hereunder, to the <br /> satisfaction of the other parties. <br /> XV. DISPOSITICN OF P!?LP_°.RT'Y AND FUNDS: In the event that this agreement is <br /> terminated as provided hareunder, any property interest remaining in the agency <br /> following. discharge of all obligations due by the agency shall be disposed of by <br /> sale or other disposition according to law, and the proceeds, in cash or by their <br /> fair market value in kind at the time of termination, together with any surplus <br /> money of the agency, shall be distributed to the parties in prcpertiat to the <br /> aggregate ctn _ibuti ons of each to the agency. <br /> XVI. A:=.`i'SITS: This agreement may be amended at any tire by mutual agreement <br /> of at l =east 3/4 of the panes signatory hereto. <br /> XVII. SE ERAKI TY: Shculd any por``icn, tent, condition, cr =revision of this <br /> agreement be decided by a court of ccmpetent jurisdiction to be illegal cr in con- <br /> 'Hot with anv law of the State of (m 1 crnia, or be otherwise rendered uner ±orce <br /> able cr ire =' the validity of the remaining portions, terms, conditions, and <br /> provisions shall not be affected thereby. <br />