Res 2002-113 - Laserfiche WebLink

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PL X 940206 Form Approved, A VP-Law AUDIT - 62. Folder No: 2088-02 PIPELINE CROSSING AGREEMENT Mile Post: 210.15, Austin Subdivision, Tracks #1 & 2, Location: San Marcos, Hays County, Texas THIS AGREEMENT is made and entered into as of May 18, 2002, by and between UNION PACIFIC RAILROAD COMPANY, a Delaware corporation (hereinafter the "Licensor"), and CITY OF SAN MARCOS, a Texas municipal corporation, whose address is 630 East Hopkins, San Marcos, Texas 78666 (hereinafter the "Licensee"). IT IS MUTUALLY AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS: Article I. LICENSE FEE Upon execution of this Agreement, the Ljcensee shall pay to the Licensor a one-time license fee of ONE THOUSAND SIX HUNDRED EIGHTY-FIVE DOLLARS ($1,685.00). Article II. LICENSOR GRANTS RIGHT. In consideration of the License Fee to be paid by the Licensee and in further consideration of the covenants and agreements herein contained to be by the Licensee kept, observed and performed, the Licensor hereby grants to the Licensee the right to construct and thereafter, during the term hereof, to maintain and operate only a 18.70" wastewater pipeline crossing (hereinafter the "Pipeline") in the location shown and in conformity with the dimensions and specifications indicated on the attached print dated May 16, 2002, marked Exhibit A. Under no circumstances shall Licensee modify the use of the Pipeline for a purpose other than the above-mentioned, and said Pipeline shall not be used for any other use, whether such use is currently technologically possible, or whether such use may come into existence during the life of this Agreement. Article III. CONSTRUCTION, MAINTENANCE AND OPERATION. The grant of right herein made to the Licensee is subject to each and all of the terms, provisions, conditions, limitations and covenants set forth herein and in Exhibit B, hereto attached.