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AgdaPkt 2018-06-11 Closed and Joint SA PFA
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AgdaPkt 2018-06-11 Closed and Joint SA PFA
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Last modified
6/13/2018 4:05:50 PM
Creation date
6/7/2018 6:21:34 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
6/11/2018
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6.1.F. - Page 82 <br />Exhibit C <br />LICENSE AGREEMENT <br />THIS LICENSE AGREEMENT (this "Agreement") is entered into as of this 20 <br />day of June, 2009 (the "Effective Date'), by and between THE CITY OF REDWOOD <br />CITY, a charter i'ty and municipal corporation of the State of California (the "City"), <br />and BAIR ISLAND AQUATIC CENTER, INC., a California non-profit corporation <br />(" BIAC'I. <br />RECITALS <br />A. The City is the fee owner of that certain real property located in the City <br />of Redwood City, California, which is described more specifically on Exhibit A to this <br />Agreement (the "Property). <br />B. The City and BIAC are parties to a separate lease agreement (the <br />"Leine), pursuant to which BIAC lease from the City certain property commonly known <br />as ,450 Maple Street, Redwood City, California, which BIAC uses in the operation of an <br />aquatic center (the "Aquatic Center"). <br />C. BIAC desires to use a portion of the Property to store trailers and certain <br />other equipment used in connection with the Aquatic Center. <br />NOW, THEREFORE, the parties agree as follows: <br />AGREEMENT <br />I . Grant of License: License Area. For good and valuable consideration, <br />receipt of which is hereby acknowledged, starting on July 1, 2009 (the "Commencement <br />Date'), the City grants to BIAC a non-exclusive, personal and revocable license to enter <br />the License Area. (defined below) for the express and limited purpose of conducting the <br />Activities as defined below in Section 4 (the "License"). The License Area is described <br />on Exhibit B attached to this Agreement. <br />2. License Fee. As consideration for the grant of the License, BIAC shall <br />pay the City a license fee in the amount of $750.00 per month (the "License Fee'). Each <br />monthly installment of the License Fee shall be payable in advance, on or before the first <br />day of each month during the term of the License. License Fees for any period during the <br />term hereof which is for less than one month shall be a pro rata portion of the monthly <br />installment. License fees shall be payable to the City at the address set forth in Section <br />19 below or at such other address as the City may from time to time designate in writing. <br />3. Acknowledaments by BIAC. BIAC acknowledges that BIAC has no <br />right, title, or interest in or to any portion of the Property, including, without limitation, <br />the License Area, other than the License specifically granted by the terms of this <br />Agreement. The License is personal to BIAC and cannot be assigned, transferred, or <br />otherwise conveyed by BIAC or by operation of law. <br />BIAC Li=ra 6.11-09 v3 <br />Page 17 of 31 <br />
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