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<br />. <br /> <br />, <br /> <br />right in the said Parking Garage and, further, that all parties agree never to assail the <br />City's property rights. <br /> <br />2. Term. The term of this License shall commence as of the date of the execution of <br />this agreement, and shall continue for a period of ten (10) years. <br /> <br />(a) Developer may choose not to initially license the entire nineteen (19) <br />parking spaces from the City, but may instead choose to license some <br />portion of the nineteen (19) spaces. In this case, the following <br />additional terms shall apply: <br />i. During the initial ten (10) year License term, Developer will have <br />the option to increase or decrease the number of non-dedicated <br />parking spaces licensed to it at any time; provided, however that in <br />no event shall this number exceed nineteen (19) non-dedicated <br />spaces less any dedicated spaces licensed by Developer. <br />ii. During the initial ten (10) year License term, City shall increase or <br />decrease the number of spaces licensed to Developer within thirty <br />(30) days of its receipt of Developer's written request. <br />iii. Developer shall have no option to increase the number of dedicated <br />spaces it licenses from the City from that number shown on <br />Exhibit A hereto. <br />(b) Developer may choose to decrease the number of dedicated parking <br />spaces; provided however, that such action shall terminate all <br />remaining right to increase the number of dedicated parking spaces <br />and shall relieve the City of any and all such obligations. <br /> <br />(c) Developer will have an Option to renew the License for an additional <br />year with City under the same terms and conditions established within <br />this License agreement. This Option is exercisable by Developer each <br />year for up to fifteen (15) years, and shall be exercised by submittal of <br />a written request to the Executive Director of the City's Community <br />Development Agency of the Developer's intent to exercise said option <br />no later than thirty (30) days before the end of that year's term. <br />Failure to exercise the Option in any year terminates all remaining <br />Licenses and shall relieve the City of any and all obligations. <br /> <br />3. License Fee. The license fee shall be $40 per space for non-dedicated spaces, and <br />may be adjusted upon thirty (30) days written notice from time to time during the term of <br />this License and any extension hereto; provided, however, that such adjustment shall not <br />exceed the monthly rent changed by the City to the public at large to park at the Parking <br />Garage. The license fee shall be due and payable on the 1st of each month in advance, <br />made payable to "The City of Santa Ana, Attention Administrative Services Division" at <br />the following address: 20 Civic Center Plaza, Community Development Agency (M-25), <br />P.O. Box 1988, Santa Ana, CA 92701. The location for payment may be modified in <br />writing by the City to the Developer with thirty (30) days notice. The aforementioned <br />three (3) dedicated, covered parking spaces will be Licensed for a monthl y rate equal to a <br /> <br />2 <br />