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<br /> . flt¡~ <br /> I. <br /> Licensee acknowledges that the Licensed Area constitutes a <br /> portion of two pub 1 i c street rights of way and an al1eyway~ and <br /> agrees that all construction and maintenance herein permitted <br /> shall be done in comp1 iance wi th pol ice ~ traffic~ bui1ding~ fire <br /> and health regulations of the City of San Marcos now existing or <br /> hereafter adopted. <br /> II. <br /> Licensor~ its governing body~ and its respective successors <br /> and ass i gns : ag ree that no annual fee shall be assessed for the <br /> 1 i cense and permission herein granted to Licensee. <br /> II I . <br /> . <br /> Licensee shall~ at its sole expense~ provide a commercial <br /> general liability insurance pol icy~ written by a company <br /> acceptable to Licensor and 1 i censed to do business in Texas~ wi th <br /> a combined single 1 im it of not less than Five Hundred Thousand <br /> and No/100 Dollars C$500~OOO.OO)~ which coverage may be provided <br /> in the form of a rider and/or endorsement to a previously <br /> existing insurance po 1 icy. Such insurance coverage sha 11 <br /> specifically name Licensor as a co-insured. This insurance <br /> coverage shall cover all per i 1 s arising from the activities of <br /> Licensee~ its officers~ emp1oyees~ agents or cont.ractors~ <br /> relative to this 1 i cense agreement. Licensee shall be <br /> responsible for any deductibles stated in the pol icy. A true <br /> 2. <br />