38-01 Environmental Remediation Detroit & Hird

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shall be deemed to constitute an extension of its obligation to pay Eligible Project Costs hereunder. Except as otherwise provided in this Agreement, the LPE shall have the sole and exclusive charge of all details of the acquisition of the Project Site, the demolition of existing structures thereon and the remediation thereof. Section 3.2. The LPE shall keep complete and accurate records of the Eligible Project Costs. The LPE shall permit the County, acting by and through the County Administrator of the County or County Administrator's authorized representatives, to inspect all books, documents, papers and records relating thereto at any and all reasonable times for the purpose of audit and examination, and the LPE shall submit to the 'County such documents and information as they may reasonably require in connection therewith. In the event the County borrows a portion of the cost of the Project from either or both the WPCLF and the Brownfield Loan Fund, the LPE shall permit the State, acting by or through its designated representatives, to inspect all books, documents, papers and records directly relating thereto at any and all reasonable times for the purpose of said audit and examination, which examination may include, without limitation, examination for compliance with the CWA and Ohio Revised Code Sections 6111.036 and 9.66, and the LPE shall submit to the State such documents and information as the State may require in connection therewith. Section 3.4. The LPE shall require that each of its contractors and all subcontractors maintain during the life of their contracts Workers' Compensation Insurance, Public Liability, Property Damage, and Vehicle Liability Insurance, in amounts and on terms that comply with all applicable legal requirements and that are commercially reasonable. section 3.5. The Project Site' shall be reused for industrial, commercial, research or distribution purposes in order to create or preserve jobs and employment opportunities and to improve the economic welfare of the people of the County. Section 3.6. Subject to the terms and conditions of this Agreement, the Eligible Project Costs shall be paid by the County pursuant to Section 3.8 hereof. Section 3.7. The County may decline to deliver any further certificates of availability of funds of the Trustee or of another financial institution pursuant to Section 3.8 hereof from and after any determination by the County that any information furnished to the County, in writing or otherwise, in connection with' the LPE,s application for the transactions contemplated by this Agreement was false or misleading in any material respect or that such information omitted any other information needed to make the information furnished not false or misleading in any material respect. Section 3.8. Subject to Section 3.7 hereof, the County shall deliver to the LPE a certificate, signed by the Trustee under the Trust Agreement securing the County Revenue Bonds or Notes issued or to be issued by the County to finance Eligible Project Costs, or, in the event that the County intends to pay the Eligible Project Costs from moneys other than the proceeds of such Bonds or Notes, then by the financial institution that holds such moneys, certifying that B-9