License Agree - Int'l Aerobatic Club Chapter 26

Home Browse Search

LICENSE AGREEMENT BY AND BETWEEN THE CITY OF REDLANDS AND INTERNATIONAL AEROBATIC CLUB CHAPTER 26 This License Agreement ("License") is made and entered this 25th day of July 2023 ("Effective Date"), by and between the City of Redlands, a municipal corporation ("City"), and International Acrobatic Club Chapter 26 ("Licensee"). City and Licensee are sometimes individually referred to herein as a "Party" and, together, as the "Parties." RECITALS WHEREAS, Licensee desires to conduct an event consisting of an International Aerobatic Club -sanctioned aerobatic competition ("Event") at the Redlands Municipal Airport ("Airport"), located at 1755 Sessums Drive ("Premises"); and WHEREAS, City has approved prior use of the Airport for similar aerobatic competitions open to the public outside all airport operational areas; (i.e. with limited public attendance in so much as airport can accommodate public parking lot and small park area): WHEREAS, City and Licensee desire to enter into this License to set forth the terms and conditions under which City will license the use of the Airport to Licensee, and the respective rights and obligations of the Parties relating to such License; NOW, THEREFORE, in consideration of the mutual promises contained herein, the City of Redlands and International Aerobatic Club Chapter 26 agrees as follows: AGREEMENT Section 1. Premises. City hereby grants to Licensee a License to conduct the Event at the locations specified in Exhibit "A" (the "Premises") titled "Airport Layout Plan" which is attached hereto and incorporated herein by this reference. Section 2. Acknowledgment of License and Disclaimer of Tenancy. A. Licensee is not tenant or lessee of City and holds no rights of tenancy or leasehold in relation to the Premises. B. In consideration of City's grant of this License, Licensee specifically and expressly waives, releases, and relinquishes any and all rights to assert any claim of right, privilege or interest in the Premises other than the rights expressly granted by this License. C. The consideration paid by Licensee pursuant to Section 4 of this License is consistent with the value of the rights comprising the License privilege; the consideration is not consistent with the higher market value for a greater right, privilege or interest (such as a lease) in the Premises. Section 3 .Term. The term of the License shall commence on August 31, 2023, and terminate on September 3, 2023, unless earlier terminated as provided for herein. Licensee shall have no I:\cmo\Agreements\Aerobatic Competition License Agreement FY22-0204.docx - jm