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Illinois Department of Transportation, then such third party shall be obligated for any costs or-- <br /> expenses incurred by Grantee, which shall be prepaid at any time before construction <br /> commences. The City, for its own and on behalf of any third party, shall cooperate and issue, on <br /> an expedited basis, all permits necessary to enable Grantee to relocate its System without <br /> disruption to its service. <br /> (c) Removal Upon Termination. Upon termination of the privileges herein granted, by <br /> lapse of time or otherwise, the Grantee without cost or expense to the City shall remove the <br /> System herein authorized and restore the public way to as good a condition as existed prior to <br /> such installation and to the reasonable satisfaction of the Director of Engineering & <br /> Infrastructure. In the event of the failure, neglect or refusal of said Grantee to remove the <br /> System, the City shall have the choice of either performing said work and charging the cost <br /> thereof to said Grantee or determining that said work shall be performed by a contractor, and <br /> billing the Grantee for the cost of said contract. The cost incurred by the City in such System <br /> removal shall be promptly paid by the Grantee within twenty-one (21) days after a bill and <br /> itemized list of costs is deposited in the mail or presented to Grantee, or the City may proceed <br /> against the surety bond of the Grantee or pursue any other remedies provided by law. <br /> Section 8. Insurance. The Grantee shall, at its own expense, provide the Finance <br /> Department with a certificate evidencing a valid contract of insurance between the licensee and a <br /> company authorized to do business in this State and approved by the Risk Manager, with the <br /> City named as an additional insured, providing comprehensive general liability coverage <br /> including premises and operations, contractor's protective liability, completed operations and <br /> product liability with limits not less than $1,000,000 per occurrence, and $2,000,000 aggregate, <br /> for bodily injury and property damage combined,which certificate shall provide for not less than <br /> 142606_1.DOC <br />