Reso 2020-125 Verizon Wireless Master Agreement Small Cell Pole

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granted under this Master License. The adjustment provided in this Section will be effective even if the first License Year was for less than a full calendar year. 4.2.6 Due Dates. (a) Licensee shall seb42�pay the first License Year's License Fee w4h- the AGkR9 ,le.dg..,en+ I e++eron or before the Commencement Date of the Pole License without deduction for any reason. (b) The annual License Fee for each subsequent License Year of the Term of each Pole License will be due and payable to the City on January 1 and will be late if the City has not received payment by the due date. As an illustration, and not a limitation, if the Commencement Date for a Pole License falls on July 1, then the License Fee due in the first License Year will be prorated 50% (to account for the six-month difference between January and June) and will be due on the Commencement Date. The full License Fee for the second License Year, and each subsequent year thereafter, will be due on January 1. 4.2.7 Discount for Integrated Poles. If the use of Integrated Poles becomes feasible at any time during the Term, Licensee may request that the City amend any Pole License to authorize Licensee to replace one or more licensed City Poles with Integrated Poles, subject to the City's prior approval of plans, specifications, cost estimates, materials, and completed improvements in accordance with Section 8.1 (Licensee's Alterations). As an incentive for Licensee to upgrade City Poles to Integrated Poles, beginning in the License Year following the License Year in which the City accepts the Integrated Pole and continuing for the remainder of the Term of each affected Pole License, the City will discount by twenty percent (20%) the annual License Fee for each Integrated Pole that the City has accepted. 4.3 Adjustments in License Fee. On January 1 of each year of this Master License (each, an "Adjustment Date"), the License Fee will be increased by three percent (3%) as reflected in Schedule A-3.. 4.4 Intentionally Omitted. 4.5 Intentionally Omitted.. 4.6 Master License Application Processing Payments. Licensee shall Dav to the Citv a one-time. non-refundable "Master License Processin Payment" in the amount of $4,000 upon delivery of a partially executed counterpart of this Master License to the City. The City will not be obligated to process the Master License or any Pole License application until this Master License Processing Payment is submitted. The payment is intended to reimburse I ; e e shall denesi+A Rds with the City W n r+he rity'^ orrlinar. PFOGeSSORg and �dmmnmstmtmve costs related to the Master License application. Such funds shall GOMpensa+e the City for all of the reasonable and actual costs of processing the Master License application, including, but not limited to, all time and materials costs of City employees, agents, consultants, and the City Attorney's office. 4.6.1 Master I One a orn^o^ n oa., en+Intentionally Omitted. ' i ha" pay to the City the amount of $4,000 upon del very of a partially exeGuted counterpart of +h's Master License e +a the Gi+.. The City will not he obligated toprocess the Master LiGeRse RW this payment is ubmi++erl 4.6.2 Intentionally Omitted. 4.6.3 Early Termination. Licensee shall have the right to terminate processing of the application by providing written notice to the City. Upon receipt of such notice by City 10