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CORBIZ, LLC. 3 - 2014
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CORBIZ, LLC. 3 - 2014
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Last modified
8/2/2016 11:16:24 AM
Creation date
3/24/2015 2:07:18 PM
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Contracts
Company Name
CORBIZ, LLC.
Contract #
A-2014-350
Agency
PUBLIC WORKS
Council Approval Date
12/2/2014
Insurance Exp Date
2/25/2017
Destruction Year
0
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License Agreement, shall return the Premises to the City in substantially the same or better <br />condition as the Premises existed as of the Commencement Date. <br />(b) Upon execution of the License Agreement, Licensee shall provide a sidewalk <br />maintenance deposit in the form of a cash deposit in the amount of One Thousand Dollars <br />($1,000.00). <br />Said deposit shall be held by the City, without liability for interest, as security for the <br />faithful performance by Licensee of terms, covenants and conditions of this Agreement <br />pertaining to Licensee's maintenance of the public sidewalk, Alley, paving and fixtures. <br />During the term of this License Agreement, the City shall have the right, at its option, to <br />appropriate and apply the entire maintenance deposit or so much thereof as may be necessary to <br />compensate the City for all repairs to the alley surface due to breach of this maintenance <br />covenant on the part of Licensee. Should the entire deposit or any portion thereof be <br />appropriated and applied by the City hereunder, Licensee shall, upon written demand of the City, <br />forthwith remit to the City sufficient amount to restore said maintenance deposit to the original <br />sum deposited. Licensee's failure to do so within five (5) business days after receipt of such <br />demand shall constitute a breach of this Agreement. The rights and remedies granted to City <br />pursuant to this Paragraph are in addition to City's other remedies as provided in this License <br />Agreement and by law. The deposit will be refunded upon termination of the License <br />Agreement after an inspection of the condition of the alley surface, paving and fixtures by the <br />City's Public Works Agency, <br />6. GARBAGE AND RUBBISH <br />Licensee's management shall keep the Premises clear of litter and graffiti. No boxes, <br />barrels, supplies or rubbish in any form shall be kept, piled or stored in the Premises unless <br />approved in writing by City. As required by the City, Licensee shall provide standard garbage <br />receptacles, shall place therein all garbage and refuse, and shall arrange with the City's <br />Sanitation Division or other approved contractor for collection from an approved location at <br />Licensee's expense. <br />4 <br />
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