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state workers compensation coverage to cover the Indemnity Clause contained herein. <br />Appropriate Certificates of Insurance evidencing that all contractors and subcontractors <br />working on the Public Improvements have appropriate insurance coverage shall be filed <br />with the City Engineer prior to commencing work on the Public Improvements. <br />ARTICLE VII. MISCELLANEOUS <br />7.01. Assignment <br />This Agreement may not be assigned without the express written consent of the <br />City. However, the City shall consent to such an assignment if all of the following <br />conditions are satisfied: <br />(a) Developer is not in default; <br />(b) The assignment is to a new owner and developer of the Property; <br />(c) Developer provides the City with written evidence satisfactory to the City <br />Attorney or his/her designee that the new owner is the record owner of the Property; <br />(d) Developer executes a proper assignment of this Subdivision <br />Improvements Agreement in form and substance acceptable to the City Attorney. <br />Under the Assignment, the new owner shall assume and agree to perform all <br />obligations of the Developer under this agreement; and <br />(e) The new owner delivers to the City the financial security required by this <br />Agreement. <br />The City Manager, shall be authorized to approve any such assignment on <br />behalf of the City. <br />7.02. Entire Agreement <br />This Agreement contains the entire agreement between the City and the <br />Developer, and cannot be varied except by written agreement executed by the parties <br />hereto. <br />7.03. Time is of the Essence <br />Time is of the essence in this Agreement. <br />7.04. Notice <br />Any notice to be given or to be served upon a party hereto in connection with this <br />Agreement must be in writing and may be given by certified or registered mail and shall <br />SUBDIVISION IMPROVEMENT AGREEMENT <br />PAG E 9 <br />4,-A5 C) <br />