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LICENSE AGREEMENT <br />This License Agreement (this "Agreement" or "License ") is entered into effective as of <br />, 2011 ( "Effective Date ") by and between the City of San Leandro, a <br />municipal corporation (the "City ") and S.J. Amoroso Construction Co., Inc., a California <br />corporation (the "Licensee "). City and Licensee are hereinafter collectively referred to as the <br />"Parties." <br />RECITALS <br />A. City is the owner of the real property located at 2512 Davis Street in the City of <br />San Leandro (the "Property "). The Property is improved with a one -story building (the <br />"Building "). The Property, together with all improvements located thereon (the <br />"Improvements "), including without limitation, the Building, is hereinafter referred to as the <br />"Premises." <br />B. The Redevelopment Agency of the City of San Leandro (the "Agency ") acquired <br />fee title to the Property on or about May 27, 2009 through a Purchase and Sale Agreement. <br />Ownership of the Property was transferred to City by grant deed on March 10, 2011. <br />C. Agency and City each acquired the Property in order to facilitate the extension of <br />Eden Road (the "Eden Road Project ") in accordance with the right -of -way lines for Eden Road <br />adopted by the San Leandro City Council by Ordinance No. 2007 -002 on January 16, 2007. <br />D. Licensee is engaged in work on a construction project known as the Water <br />Pollution Control Plant rehabilitation project (the "WPCP Project ") on land located adjacent to <br />the Property, and desires to obtain a license from City to use the Premises for storage of <br />materials and equipment. <br />NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of <br />which are hereby acknowledged, the Parties agree as follows: <br />1. Grant of License, License Fee, No Leasehold or Property Rights Created City hereby <br />grants to Licensee a revocable license to use the Premises solely for use as storage for materials <br />and equipment related to the WPCP Project (the "Permitted Activity ") undertaken in <br />compliance with the Conditions of Use set forth in Section 4 below. On or before the first day <br />of each calendar month during the term of this Agreement (as such may be extended pursuant to <br />Section 2), Licensee shall pay to City a fee (the "License Fee ") in the amount of Two Thousand, <br />Six Hundred and Sixty -Four Dollars ($2,664) per month. For any partial month at the beginning <br />or end of the term of this Agreement, the License Fee shall be prorated on the basis of a 30 -day <br />month. This Agreement is not intended to nor shall it be interpreted to create or vest in Licensee <br />any leasehold or any other property rights or interests in the Premises or any part thereof. <br />1.1 Late Charge Licensee acknowledges that the late payment of the License Fee will <br />cause City to incur administrative costs and other damages, the exact amount of which would be <br />1732830.3 <br />