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Res 1995-073
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Res 1995-073
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Last modified
6/19/2007 10:13:21 AM
Creation date
6/19/2007 10:13:21 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1995-73
Date
4/10/1995
Volume Book
118
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<br /> . <br /> " t~. (V.;;t <br /> ~ 2. Tcnninstion: ,Licensor may tenninate this Li~n~ upon 30 ' days' written notice: if Li~ns.:c: fails to k~p any of <br /> Lic~(;s~c's COVC124nlS herein çontained, or if the right of way is required for other purpo~s by Li~nsor, and no n:imburscrr.crlt <br /> s'na'Ù 't;,<: m3.o<: ~ot L\<:.~'t'o.s~<:,'!. ~x9~nses incurred in the removal of this crossing or tbe consideration paid for this Li~n~. ~o <br /> termination or expiration shall affect the rights and liabilities, if any, of the parties hereto then existing. <br /> 3. R~toration: Upon the tennination of this agreement. whether in accordance: with the provisions of Paragra!?h I of <br /> Article I. or Paragraph 2 or 4 of Article III. or otherwise. Li~nsee shall promptly remove said Crossing from ucensor"s right of <br /> way, and restore said right of way to its prior condition, or to a condition satisfactory to Lio:nsor. If Lio:nStt sf¡¿lJ fail to remove <br /> said Crossing within thirty (30) days after the tennination of this agreement. Li~nsor may remove the sa~, and charge: the: <br /> cx~nse therefor to the Licens~ on the basis provided in Paragraph I(b) of Article III. <br /> 4. Miscellaneous: (a) This License and all of the provisions herein contained shall be binding upon the: parties hereto. <br /> their heirs. executors, administrators, successors and assigns. and Licensee agrees to supply notice in writing to Licensor of any <br /> name changes. Licens~ agrees not to assign this License or any interest therein, without the consent of Licensor in writing. and any <br /> and every such attempted assignment without such prior written consent shall be void and of no' effect. In the event of any <br /> ìssignment, Licensee shall at all times remain fully responsible and Jiable for the payment of the rental, if any. herein specified and <br /> 'or the compliance of all of its other obligations under the terms, provisions, and covenants of this License. <br /> (b) In the event rent is paid annually, Licensor expressly reserves the right to increase the above rental rate on anv vearly <br /> anniversary date of this license by .giving Licens~e thirty (30) da~s' written notice. Li~nsor may increase the rentál by thë <br /> percentage that the Consumer PrIce Index has Increased, pubhshed by the Department of Labor, sin~ the last rental <br /> increa~ period, or the last anniversary date hereof. <br /> (c) The personal pronouns used herein as referring to Licensee shaH be understood so to refer to Licensee whether <br /> Licen~e be a natural person, a partnership, or a corporation, or any combination thereof. <br /> (d) Any notice herein required to be given by Licensor to Lice:nsee shaH be deemed properly given if served upon or <br /> dc:livered to Licensee or his authorized agent, or if posted on or if mailed, postpaid, addressed to Licensee at his last <br /> known place of business. <br /> (e) No oral promises, oral ~greements, or oral warranties shall be deemed a part of this License. nor shall any alteration. <br /> amendment, supplement, or waiver of any of the provisions of this license be binding upon either party hereto unless the <br /> same be supplemented, altered, changed, or amended by an instrument in writing, signed by Licensor and Licensee. <br /> (f) This License does not become binding upon Licensor until executed by Lice~sor's vice-president. <br /> IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the day and year first above written. <br /> ~yISG;:~S~T~ LR OAD CO M pm <br /> <br /> Vice-President <br /> CITY OF SAN MARCOS, TEXAS <br /> Í- - 0....1 ",.-4. <br /> By - - -- <br /> . <br /> Title Mayor <br /> Address: 630 East Hopkins <br /> Attest: ~ San Marcos, Texas 78666 <br /> ~?! <br /> City Secretary <br /> File: T-18970 d~- 03. 7(;;( <br /> -3- <br />
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