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Res 2017-150/approving a license agreement with NABI, LLC that allows Signage and Landscaping Improvements for the future Rancho Meat Market at 2745 Hunter Road to encroach into a public utility easement
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Res 2017-150/approving a license agreement with NABI, LLC that allows Signage and Landscaping Improvements for the future Rancho Meat Market at 2745 Hunter Road to encroach into a public utility easement
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10/6/2017 11:22:52 AM
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10/5/2017 10:53:05 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2017-150
Date
10/2/2017
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11. Assignment; Binding on Successors. Subject to providing written notice of <br /> assignment to Licensor, Licensee may assign this License Agreement to subsequent purchasers of <br /> the Property. This License Agreement shall be binding upon subsequent owners of the Property. <br /> This License Agreement may be filed in the Official Public Records of Hays County Texas. <br /> 12. Revocation or Termination of License. In addition to any other rights of termination <br /> herein or remedies available at law or in equity, Licensor may revoke or terminate this License <br /> Agreement upon the occurrence of any of the following conditions or events: <br /> a. Licensee or its successors or assigns have failed to comply with the terms of this <br /> License; <br /> b. the Improvements or any portion of them interfere with the rights of the Licensor or <br /> the public in or to the Easement; <br /> c. the Improvements or a portion of them constitute a danger to the public which is not <br /> remediable by maintenance or alteration of the Improvements; <br /> d. the Improvements or a portion of them have expanded; or <br /> e. maintenance or alteration of the Improvements necessary to alleviate a danger to the <br /> public has not been made within a reasonable time after the dangerous condition has <br /> arisen. <br /> Upon termination of this License Agreement, Licensee, at its own expense, shall remove such <br /> components of the Improvements that Licensor requests in writing to be removed and restore the <br /> areas where such components are removed to such condition as existed prior to installation of the <br /> Improvements. If Licensee fails to undertake such removal within the time specified in the written <br /> request, Licensor retains the right to enter upon the License Area and, at Licensee's expense, <br /> undertake such removal. If Licensee fails to pay such expense within 30 days after receipt of an <br /> invoice from Licensor, Licensor may file a lien against the Property adjacent to the License Area <br /> in the amount of the invoice,plus interest accruing at the rate of 10 percent per annum until paid. <br /> 13. Integration; Amendments. This License Agreement constitutes the entire agreement <br /> between Licensor and Licensee on this subject, and it may be amended only by written instrument <br /> executed by both parties. <br /> 14. No Real Property Interest.This license does not constitute an interest in real property, <br /> and Licensee fully accepts the risks associated with incurring expenses with regard to the <br /> Improvements while having only a revocable right to use the License Area. <br /> 15. Venue. Exclusive venue for any legal dispute under this agreement is in the state court <br /> in Hays County, Texas having jurisdiction over the dispute,or if in federal court,the United States <br /> District Court for the Western District of Texas, Austin Division. <br /> [SIGNATURES ON NEXT PAGE] <br />
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