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V. <br />200508885 <br />duties with the Licensor, Licensee agrees to assume and pay all costs relating to the replacement <br />or repair of the improvement. <br />3. EXISTING UTILITY LINES. Water and electrical service lines are presently in <br />the City's right -of -way at this location. Extreme caution shall be used by the Licensee to prevent <br />damage to such utilities. License shall be responsible for the costs to repair or replace any utility <br />lines that are damaged during the installation of such monitoring wells. <br />4. RESTORATION OF PROPERTY. If the installation or maintenance of the <br />improvement identified in Paragraph 1 above requires the excavation of earth, removal of hard <br />surfacing, grass, vegetation, landscaping, or any other disruption of the surface of the public <br />right -of -way or neighboring property, Licensee shall restore the surface of the area to the same <br />condition as it existed immediately prior to Licensee's work in the area. <br />5. EFFECTIVE DATE, This License Agreement shall take effect on the date it is <br />executed by the Mayor of the City of Grand Island as dated below. It shall continue for an <br />indefinite term or until such time as it is terminated as provided hereafter. <br />6. TERMINATION. This License Agreement shall terminate upon one or more of <br />the following occurrences: <br />(a) The service of sixty (60) days written notice of intention to terminate by any party <br />upon the other party. <br />(b) A permit to alter said improvement or any part thereof. <br />(c) The construction or installation of any structure or improvement of any nature <br />upon the right -of -way held by the Licensor except that described in Paragraph 1 above. <br />Upon the termination of this License Agreement, Licensee shall be required, and hereby <br />agrees, to remove said improvement from the Licensor's right -of -way at its own expense and <br />without cost to the Licensor. Said removal to occur no later than sixty (60) days after receipt of <br />the notice of intention to terminate or any of the occurrences set forth in Paragraph 6 above. <br />Should Licensee fail to do so, the Licensor may remove or cause the removal of said <br />improvement from the Licensor's right-of-way and Licensee agrees to reimburse the Licensor for <br />all its costs. <br />7. SUCCESSORS AND ASSIGNS. This agreement shall be binding upon the <br />parties hereto, their successors and assigns. <br />8. ENTIRE AGREEMENT. This License Agreement constitutes the entire <br />agreement between the parties notwithstanding any other oral or written agreements to the <br />contrary. This License Agreement shall be amended only in writing executed by all parties <br />hereto. <br />W42 <br />