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<br /> 8.2 In the event the leased premises, a major portion thereof or <br /> any structures or improvements located on the leased premises <br /> shall be damaged or destroyed by casualty, fire or otherwise, to <br /> an extent which renders the leased premises unfit for CA's <br /> purposes, as CA may determine, CA may rebuild or repair such <br /> damaged or destroyed portions. <br /> 8.3 CA shall give immediate written notice pursuant to Section <br /> 15.1 of this Lease to the CITY of any damages caused to the <br /> premises by fire or other casualty. <br /> 8.4 In the event CA elects not to proceed with the rebuilding or <br /> repair of any structures or improvements on the leased premises <br /> (if so damaged or destroyed), this Lease shall terminate and all <br /> insurance proceeds shall immediately be paid by CA to the CITY. <br /> 8.5 If CA shall fail to proceed with such repair or rebuilding <br /> for a period of ninety (90) days after the receipt of insurance <br /> proceeds, then either party may cancel and terminate this Lease <br /> and upon such termination all insurance proceeds shall be <br /> immediately paid by CA to the CITY. <br /> 8.6 CA agrees to maintain and keep in force beginning on the <br /> effective date of this Lease and continuing during the term of <br /> this lease, public liability and property damage insurance in the <br /> minimum limits of $250,000.00 for injuries to a single person, <br /> $500,000.00 for all injuries arising from a single occurrence <br /> and $100,000.00 for any single occurrence for injury to or <br /> destruction of property. These minimum coverage standards shall <br /> be subject to change by the CITY in connection with any change <br /> under state law in the limits of the CITY's liability for <br /> governmental functions. The CITY shall give CA at least sixty <br /> (60) days advance written notice of any such changes. Any policy <br /> procured by CA under the requirements of this Lease shall name the <br /> CITY as co-insured and shall contain the endorsement that such <br /> insurance may not be cancelled or amended without ten (10) days <br /> written notice by certified mail, return receipt requested, to the <br /> CITY by the insurance company. A copy of any policy procured by <br /> CA under the requirements of this Lease shall be delivered to the <br /> -5- <br />