My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
ELLER MEDIA COMPANY 1-2000
Clerk
>
Contracts / Agreements
>
E
>
ELLER MEDIA COMPANY 1-2000
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
1/3/2012 2:59:21 PM
Creation date
8/25/2005 11:18:37 AM
Metadata
Fields
Template:
Contracts
Company Name
Eller Media Company
Contract #
A-2000-179
Agency
Public Works
Expiration Date
12/8/2010
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
23
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />. <br /> <br />. <br /> <br />10. SITE RELOCATION. <br /> <br />In the event that a bus route or stop is altered or deleted such that any bus shelter will no <br />longer serve as an active bus stop location, the GRANTEE shall, within thirty (30) days <br />after notification from the CITY, relocate the bus shelter and appurtenances to a new <br />location designated by the CITY. The vacated location shall be restored to its original <br />condition, including complete replacement of the affected sidewalk sections, within that <br />same time period by GRANTEE at its own cost and expense. <br /> <br />In the event the CITY shall construct or cause to be constructed a new facility or roadway <br />improvement impacting a bus shelter or advertising thereon, this Agreement will continue <br />in full force and effect. GRANTEE agrees to cooperate with the CITY in the event the <br />construction affects the shelter by vacating and removing shelters at its own cost and <br />expense where needed for such periods as are required by the construction of the new <br />facilities. Upon completion of the new facility, GRANTEE shall resume its operations <br />therefrom within thirty (30) days. <br /> <br />II. SECURITY FOR PERFORMANCE <br /> <br />The GRANTEE shall establish a bond in the sum of $500,000.00 within forty-five (45) <br />days after the effective date of this Agreement to insure faithful performance of <br />GRANTEE'S covenants for construction, maintenance, repair or replacement of the <br />shelters, timely payment of all revenues due the CITY under this Agreement, and <br />restoration of shelter and/or bench sites to the condition existing prior to installation of <br />the shelters and/or benches, whenever a shelter and/or bench is removed or relocated. <br />The bond shall be in a form acceptable to the City Attorney, and issued by a company <br />licensed to do business in the State of California. <br /> <br />The bond shall be maintained throughout the term of this Agreement. The GRANTEE <br />shall restore to the bond any amount the CITY withdraws as liquidated damages, within <br />thirty (30) days after the CITY withdraws the money. Failure by the GRANTEE to <br />maintain and/or timely restore the bond shall be deemed to be a material default and <br />grounds for termination by the CITY. The bond shall be released by the CITY at the end <br />ofthe term of this Agreement provided GRANTEE has fully and faithfully performed <br />each and every term, covenant and condition of this Agreement. <br /> <br />GRANTEE acknowledges and agrees that its recourse, in the event it believes any draws <br />by the CITY offunds from the bond are improper, shall be through legal action, after the <br />bond has been drawn upon. <br /> <br />6 <br />
The URL can be used to link to this page
Your browser does not support the video tag.