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Reso 2012-084
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Reso 2012-084
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Last modified
7/24/2012 2:00:59 PM
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7/24/2012 1:59:27 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
7/16/2012
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PERM
Document Relationships
_CC Agenda 2012 0716 CS+RG
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2012\Packet 2012 0716
8G Consent 2012 0716
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2012\Packet 2012 0716
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The Company understands, acknowledges and agrees that any and all authorizations <br />granted to the Company under this Agreement are nonexclusive and shall remain <br />subject to all prior and continuing regulatory and proprietary rights and powers of the <br />City to regulate, govern and use City property, as well as any existing encumbrances, <br />deeds, covenants, restrictions, easements, dedications and other claims of title that <br />may affect City property. The City and the Company agree that nothing contained in, or <br />contemplated by, this Agreement is intended to confer, convey, create or grant to the <br />Company any perpetual interest in any City property or in any of City's public rights of <br />way. <br />29. Taxes. <br />29.1 The Company shall pay before delinquency any and all taxes, <br />assessments, licenses, fees and other public charges which may be levied, assessed <br />or imposed upon any of the Company's interests herein, upon the Company's <br />businesses or the Company for the privilege of conducting business, or upon any <br />property of the Company at the Property. The Company is advised that this Agreement <br />may, but is not intended to, create a possessory interest in the Property, for which the <br />Company may be subject to payment of possessory interest taxes therefor, for which <br />the City shall not be liable. Payment of any possessory interest tax shall not reduce in <br />any way any charges or other fees required to be paid by the Company hereunder. <br />29.2 The Company shall not permit or suffer any liens to be imposed upon the <br />Property or any portion thereof, without promptly discharging the same, provided, <br />however, that the Company may, if it so desires, contest the legality of same following <br />prior written notice to the City. In the event of a contest or a lien, the Company shall <br />provide a bond in an amount and in a form acceptable to the City immediately following <br />request therefor by the City. <br />30. Insurance. <br />30.1 The Company, at the Company's own expense throughout the Term of <br />this Agreement, as extended, shall comply with the insurance requirements attached <br />hereto as Exhibit H and incorporated by reference herein. The procuring of the policy <br />or policies of insurance required by Exhibit H shall neither be construed to limit the <br />Company's liability hereunder nor to fulfill the indemnification provisions and <br />requirements of this Agreement. Notwithstanding the policy or policies of insurance, the <br />Company shall be obligated for the full and total amount of any damage, injury or loss <br />caused by its negligence or willful misconduct arising out of this Agreement or the <br />Company's use of the Property. <br />30.2 The Company shall deposit with the City, on or before the Effective Date, <br />certificates of insurance and the required endorsements in forms reasonably <br />satisfactory to the City, indicating compliance with the insurance provisions of this <br />Agreement. The Company shall keep the insurance in effect, and the certificates <br />evidencing the insurance on deposit with the City during the Term of this Agreement <br />and as the same may be extended. <br />14 <br />
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