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WARRANTIES, EXPRESS OR IMPLIED, CONCERNING THE PRESENT OR FUTURE <br />SUITABILITY OF THE LICENSE AREA 5 FOR LICENSEE'S INTENDED ACTIVITIES. <br />2. License Fee. As consideration for the grant of the license, LICENSEE shall pay CITY a <br />license fee in the amount of Seven Hundred Fifty Dollars ($750.00) per month ("License Fee"). <br />Each monthly installment of the License Fee shall be payable in advance, on or before the first <br />day of each month commencing on the Commencement Date. The License Fee shall be <br />payable to CITY at the address set forth in Section 19 below or at such other address as CITY <br />may from time to time designate in writing. The License Fee for any partial month shall be <br />prorated by dividing the monthly License Fee by thirty (30) and multiplying the quotient by the <br />number of days LICENSEE has the privilege to use the License Area 5 during the partial month. <br />3. Term of License. <br />A. Term. The privilege conferred to LICENSEE pursuant to this Agreement shall be for <br />a "Term" commencing on the Commencement Date and expiring one year from the <br />Commencement Date ("Expiration Date"). Prior to the expiration of the Agreement, the <br />City Manager may, at his/her sole discretion, extend the term for up to an additional six <br />months. <br />B. City and Licensee Riaht to Revoke. Subject to the foregoing, CITY and Licensee <br />may at its sole option freely revoke this license and terminate this Agreement at any time <br />without cause or liability, and without any obligation to pay any consideration to <br />LICENSEE or return to LICENSEE any part of the License Fee. Upon any expiration, <br />revocation or termination, LICENSEE shall immediately surrender the License Area 5 in <br />the condition required under this Agreement. <br />4. Use of License Area 5. <br />A. Authorized Activities on the License Area 5. LICENSEE may enter upon and use <br />the License Area 5 solely for vehicle storage purposes for its dealership ("Activities"). <br />LICENSEE shall not conduct any vehicle maintenance or other activities on the City <br />Property. <br />B. Alterations. Except with CITY's prior written consent, which CITY may withhold in <br />its sole and absolute discretion, LICENSEE shall not make any alterations, additions, <br />improvements or other changes (collectively referred to as "Alterations") on or with <br />respect to the City Property or License Area 5. If such consent is secured from CITY, all <br />such Alterations shall be made in accordance with all applicable Laws, in a good and <br />workmanlike manner, and at the sole cost and expense of LICENSEE. Upon termination <br />of this Agreement, at CITY's request only, LICENSEE shall remove any and all <br />Alterations. No compensation shall be owed to LICENSEE in any event for any <br />Alterations made by LICENSEE to the City Property. Any damage caused by the <br />installation or removal of Alterations shall be repaired by LICENSEE at its sole cost and <br />expense, to the satisfaction of the City Manager. <br />C. Subject to CITY Uses. CITY reserves the right to use the License Area 5 in <br />common with LICENSEE. The permission granted by this Agreement is non-exclusive in <br />nature. City reserves the right to open the City Property to the public or enter into <br />agreement with other parties for use of the Property. <br />Page 2 of 13 <br />REV: 03-13-19 PR <br />ATTY/AGR.2019.055/PUTNAM LEXUS <br />