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<br /> , , 38 <br /> LICENSE AGREEMENT FOR THE PROVISION AND MAINTENANCE <br /> OF BENCHES IN THE CITY OF SAN MARCOS <br /> - THE STATE OF TEXAS <br /> COUNTY OF HAYS <br /> The City of San Marcos, Texas, a Texas municipal corporation (the "City"), and <br /> Scott Vaughan, dba Sign Crafters ("Sign Crafters"), each acting through its duly authorized <br /> representative, enter into this agreement. <br /> 1. <br /> The City agrees to grant Sign Crafters a license to use City right-of-way for the <br /> location of benches for the convenience of persons using the San Marcos Transit System <br /> operated by the Capital Area Rural Transportation System, and the Southwest Texas State <br /> University shuttle bus service operated by Durham Transportation, Inc.. <br /> 2. <br /> The term of this agreement shall be for 5 years beginning January 1, 1995. The <br /> obligation to make the last annual payment due under Section 3, however, shall survive <br /> the term of this agreement and this payment shall be due on or before March 1, 2000. <br /> 3. <br /> Sign Crafters agrees to pay the City a fixed sum of $1 0.00 annually for this license, <br /> and in addition, Sign Crafters agree to pay to the City an annual sum equal to 5% of the <br /> gross receipts received by Sign Crafters during each calendar year of this agreement from <br />