Contracts & Agreements_29-2019 - Laserfiche WebLink

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consistent with the higher market value for a greater right, privilege or interest(such as a lease) in the Premises D Licensee further acknowledges and agrees that without the representations and agreements set forth herein, City would not entei into this Agreement Section 3 Term The tenn of this Agreement shall commence on March 1, 2019, and end on February 18, 2022,unless earlier terminated as provided for herein Either Party may terminate this Agreement by providing written notice of such tennmatlon to the other Party at least thirty (30) days prior to the noticed tenrlunation date If Licensee remains in possession of the Premises after expiration or earlier termination of this Agreement without City's written consent, Licensee's continued occupancy of the Premises shall be equivalent to a tenancy at sufferance and Licensee shall pay an increased License fee during the holdover period in the sum of one thousand dollars ($1,000)per month Section 4 License Fee Licensee shall pay to City a monthly fee in the sum of five hundred forty dollars ($540 00) for use and occupancy of the Premises The initial and final monthly fee payments, and a security deposit in the amount of One Thousand Dollars ($1,000), shall be paid to City prior to March 3, 2019 All subsequent monthly fee payments shall be made prior to the second day of each month foi which the fee is then due All payments are to be made payable to the City of Redlands, Finance Department/Revenue Division, P O Box 3005, Redlands, California, 92373 A late fee of fifty dollars ($50) shall be added and due for any fee payment made after the tenth day of the month Section 5. Security Deposit The security deposit shall be retained by City in compliance with the terms and conditions of this Agreement, and shall be reftinded to Licensee within thirty (30)days after the Premises have been vacated by Licensee,less any amounts reasonably necessary to pay City for, (1) cleaning costs, (n) cost for repair or damages to the Premises exclusive of ordinary wear and tear, and (m) any other amount legally allowable under the provisions of this Agreement A written accounting of said costs and damages shall be presented to Licensee within ten (10) days of the Premises being vacated If the security deposit is insufficient to pay City for such costs and damages, Licensee shall immediately pay any additional costs for damages demanded by City Section 6. Use of Premises A The Premises shall be used by Licensee solely for the purpose of outdoor dining associated with Licensee's operation of its restaurant B The Premises shall be occupied by Licensee within ninety (90) days following the Effective Ddate of this Agreement Failure to continuously utilize the Premises foi a period of greater than sixty(60)consecutive days,without the prior written consent of City,shall be grounds for City's immediater termination of this Agreement 2 L 1ca1djmlAa eements\License Agreement Darbys 2 19 2019,docx