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<br />88-= 100729 <br /> <br />LICENSE AGREEMENT <br /> <br />,- <br /> <br />This License Agreement is made by and between the CITY OF <br />GRAND ISLAND, NEBRASKA, a Municipal Corporation, herein referred <br />to as the "City" and RONALD L. VON BEHREN and TED O. ROOKSTOOL, <br />a partnership, hereinafter referred to as the "Licensees". <br /> <br />1. STATEMENT OF PURPOSE. The purpose of this License <br />Agreement is to set forth the terms and conditions under which <br />the Licensees may construct, maintain, repair, and utilize the <br />following described improvement which will infringe upon real <br />estate owned or controlled by the City: <br /> <br />An awning display and sign located at 224 West <br />Third Street, Grand Island, Hall County, Nebraska. <br /> <br />2. DESCRIPTION OF LICENSEES' REAL ESTATE. The Licensees <br />own or control the fOllowing described real estate adjacent to <br />the City's real estate to which this License Agreement shall apply: <br /> <br />The West One-third (W 1/3) of Lot Five (5), <br />Block Fifty-six (56), Original Town, now City, <br />of Grand Island, Hall County, Nebraska. <br /> <br />3. LICENSEES' DUTIES AND RISKS. It is understood and <br />agreed that the Licensees may construct, maintain, repair and <br />utilize the above described improvement at the Licensees' sole <br />risk. The Licensees hereby waive any claim for damages against <br />the City, its officers, employees, agents and independant <br />contractors for any damage or injury that may result to said <br />improvement. If the City, in its sole discretion, determines <br />that any part or all of the improvement must be removed or is <br />damaged by the City, its employees, agents, or independent <br />contractors working for the City during the course of their <br />employment or duties with the City, the Licensees agree to assume <br />and pay all costs relating to the replacement or repair of the <br />improvement. <br /> <br />4. EFFECTIVE DATE. This license agreement shall take <br />effect on the date it is executed by the Mayor of the City of <br />Grand Island as dated below. It shall continue for an indefinite <br />term until such time as it is terminated as provided hereafter. <br /> <br />5. TERMINATION. This License Agreement shall terminate <br />upon one or more of the following occurrences: <br /> <br />a. The service of sixty days written notice of <br />intention to terminate by any party upon the other party. <br /> <br />b. The Licensees' application for a permit to <br />alter said improvement or any part thereof, unless said <br />permit is for work due to an occurrence as described <br /> <br />u <br /> <br />r' <br /> <br />L <br /> <br />L <br /> <br />.-.J <br /> <br />r" <br />h-' <br />