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6L-q discharge the maintenance obligations of the defaulting party and to collect from the defaulting party the entire cost of such maintenance. If the defaulting party fails to reimburse the non- defaulting party within thirty (30) days following receipt of an invoice for such work, the amount due shall bear interest until paid at the lesser of (i) fifteen percent (15 %), or (ii) the highest rate allowed by law. 1.5. Abandonment of Easement. City shall have the right to abandon the Access Easement at any time. If, at any time after April 28, 2016, City does not use the Boat Ramp for Routine or Emergency Lagoon Maintenance for a period of twenty-four (24) consecutive months, the Access Easement shall automatically terminate and be of no further force or effect. In such event, each party agrees to execute and cause to be recorded any document reasonably necessary to reflect thç termination of the Access Easement. 2. Annual Event Usage Right. 2.1 Grant of Use Right. RSOA hereby grants to City the right to use the Property up to one (1) time in each calendar year for a "City-Sponsored Event," subject to all of the limitations, covenants and conditions contained herein. "City-Sponsored Event" shall mean an event lasting no more than two (2) consecutive days that is open to the general public and/or employees of City and which is under the direct control and active supervision of City. 2.2 Use Restrictions. All City-Sponsored Events shall be of a size and nature that is consistent with the size and nature of the Property, and shall not overburden the Property or its improvements. Without limitation of the foregoing, no more than 200 people shall be allowed on the Property at any given time. City will provide all necessary security control for the event, and wilí provide all required public sanitation facilities (e.g. restrooms) for the entire duration of the event. RSOA reserves the right to impose further reasonable ìimirat:ions on the use of the Property by City to ensure that the use compiies with aU laws and restrictions applicable to the Property, and does not create a nuisance or unreasonable interference with the use and enjoyment of neighboring properties. 2.3 Schedulinl?: of Use. City and RSOA agree to cooperate in good faith to schedule City-Sponsored Events. City-Sponsored Events shall be held on scheduled dates reasonably approved by RSOA. RSOA agrees that it will not sponsor or approve of any events that conflict with any City-Sponsored Event that has been scheduled by RSOA. 2.4 Maintenance Obligations. City covenants and agrees that immediately following every City-Sponsored Event, City shall, at its sole cost and expense, clean, sweep and repair as necessary the Property to the reasonable satisfaction of RSOA. If City. fails to so clean, sweep and repair the Property immediately following its use of the same, then RSOA shall have the right to clean, sweep and/or repair the Property, and charge City for the cost thereof. If City fails to reimburse RSOA within thirty (30) days following receipt of an invoice for such work, the amount due shall bear interest until paid at the lesser of (i) fifteen percent (15%), or (ii) the highest rate allowed by law. 4 Easemem-RSOA Feb. 11.2000 Draft from RSOA .-,.......-.