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conditions and restrictions set forth in Sections 4 and 5, below. This Agreement gives <br /> LICENSEE a license only and nofinrithstanding anything to the contrary herein, this license does <br /> not constitute a grant by CITY of any ownership, leasehold, easement or other property interest <br /> or estate whatsoever in the City Property, or any portion thereof. Nothing in this Agreement shall <br /> be construed as granting or creating any franchise rights pursuant to any federal, state or local <br /> laws. <br /> LICENSEE ACKNOWLEDGES AND AGREES THAT NEITHER CITY NOR ANY OF ITS <br /> AGENTS HAVE MADE, AND CITY HEREBY DISCLAIMS, ANY REPRESENTATIONS OR <br /> WARRANTIES, EXPRESS OR IMPLIED, CONCERNING THE PRESENT OR FUTURE <br /> SUITABILITY OF THE CITY PROPERTY 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 One Thousand Eight Hundred Dollars ($1,800.00) per month <br /> ("License Fee"). Each monthly installment of the License Fee shall be payable in advance, on <br /> or before the first day of each month commencing on the Commencement Date. The License <br /> Fee shall be payable to CITY at the address set forth in Section 19 below or at such other <br /> address as CITY may from time to time designate in writing. The License Fee for any partial <br /> month shall be prorated by dividing the monthly License Fee by thirty (30) and multiplying the <br /> quotient by the number of days LICENSEE has the privilege to use the City Property during the <br /> partial month. As additional consideration for this Agreement, LICENSEE shall return to CITY at <br /> least fifty-six (56) parking permits currently issued to LICENSEE or its subcontractors, <br /> employees, or agents for the Marshall Street Parking Garage, within seven (7) days following <br /> the commencement of the Extended Term and/or City Council approval as described in Section <br /> 26 below. <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 on January 17, 2015 <br /> ("Expiration Date"). <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 City Property in <br /> the condition required under this Agreement. <br /> 4. Use of Citv Propertv. <br /> A. Authorized Activities on the Citv Propertv. LICENSEE may enter upon and use the <br /> City Property solely for vehicle parking for its construction workers, and may also use the <br /> City Property for storage of up to six (6) unoccupied trailers or containers during <br /> construction of the Kaiser Project so long as LICENSEE prohibits its contractors, <br /> subcontractors, employees, or agents from parking their vehicles at the Marshall Street <br /> Parking Garage ("Activities"). LICENSEE shall not conduct any construction activities <br /> on the City Property. LICENSEE acknowledges and understands that CITY intends to <br /> make the City Property available for vehicle parking use by the public during weekday <br /> evenings beginning at 6:00 p.m. and all day Saturdays and Sundays. <br /> ATTY/AGR/2012.190/KAISER(RUDOLPH&SLETTEN)LICENSE AGREEMENT <br /> REV: 1-18-13 VR <br /> Page 2 of 12 <br />