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not constitute a grant by CITY of any ownership, leasehold, easement or other property interest or estate whatsoever in the City Property, or any portion thereof. Nothing in this Agreement shall be construed as granting or creating any franchise rights pursuant to any federal, state or local laws. LICENSEE ACKNOWLEDGES AND AGREES THAT NEITHER CITY NOR ANY OF ITS AGENTS HAVE MADE, AND CITY HEREBY DISCLAIMS, ANY REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, CONCERNING THE PRESENT OR FUTURE SUITABILITY OF THE CITY PROPERTY FOR LICENSEE'S INTENDED ACTIVITIES. 2. License Fee. As consideration for the grant of the license, LICENSEE shall pay CITY a license fee in the amount of Two Thousand Dollars ($2,000.00) per month ("License Fee°). Each monthly installment of the License Fee shall be payable in advance, on or before the first day of each month commencing on the Commencement Date. The License Fee shall be payable to CITY at the address set forth in Section 19 below or at such other address as CITY may from time to time designate in writing. The License Fee for any partial month shall be prorated by dividing the monthly License Fee by thirty (30) and multiplying the quotient by the number of days LICENSEE has the privilege to use the City Property during the partial month. 3. Term of License. A. Term. The privilege conferred to LICENSEE pursuant to this Agreement shall be for a month-to-month "Term" commencing on the Commencement Date and expiring upon forty five (45)days' prior written notice issued by either party to the other. B. Citv and Licensee Riaht to Revoke. Subject to the foregoing, either party may at its sole option freely revoke this license and terminate this Agreement at any time without cause or liability, and without any obligation to pay any consideration to LICENSEE or return to LICENSEE any part of the License Fee. Upon any expiration, revocation or termination, LICENSEE shall immediately surrender the City Property in the condition required under this Agreement. 4. Use of Citv Propertv. A. Authorized Activities on the Citv Propertv. �ICENSEE may enter upon and use the City Property solely for vehicle parking for its construction workers during construction of the Indigo Project so long as LICENSEE prohibits its contractors, subcontractors, employees, or agents from parking their vehicles on any public street parking space or public garage ("Activities"). LICENSEE shall not conduct any construction activities on the City Property. LICENSEE acknowledges and understands that CITY intends to make the City Property available for vehicle parking use by the public during weekday evenings beginning at 6:00 p.m. and all day Saturdays and Sundays. B. Alterations. Except with CITY's prior written consent, which CITY may withhold in its sole and absolute discretion, LICENSEE shall not make any a�terations, additions, improvements or other changes (collectively referred to as "Alterations°) on or with respect to the City Property. If such consent is secured from CITY, all such Alterations shall be made in accordance with all applicable Laws, in a good and workmanlike manner, and at the sole cost and expense of LICENSEE. Upon termination of this Agreement, at CITY's request only, LICENSEE shall remove any and all Alterations. No compensation shall be owed to LICENSEE in any event for any Alterations made by REV:04-28-15 VR Page 2 of 12 ATTY/AGR.2015.078/Cahill Contractors, Inc. License Agreement