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<br />LICENSE AGREEMENT <br /> <br />88- i05735 <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 LYNN D. RATHJEN and THOMAS D. BEDNAR, d/b/a <br />LYNN AND TOM PARTNERSHIP, a Nebraska Partnership, hereinafter <br />referred to as the IILicensee-'. <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 />~DI1Dwing described improvement which will infringe upon real <br />estate owned or controlled by the City. <br /> <br />A basement stairway eKit as shown Dn Exhibit. "All <br />attached hereto and made a part hereof by reference. <br /> <br />2. DESCRIPTION OF LICENSEES' REAL ESTATE. The Licensee <br />owns or controls the following described real estate adjacent to <br />the City's real estate to which this License Agreement shall apply. <br /> <br />Lot 1, Block 2, Colonial Estates 2d Subdivision <br />to the City of Brand 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 />utilizB the above described improvement at the License.s' 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 raplacemsnt Dr rspair of ths <br />improvl!lllent. <br /> <br />4. EFFECTIVE DATE. This licsnse a~reemsnt shall t.k. <br />effect on the date it is executed by the "ayor of the City of <br />Grand Island as dated below. It shall continue for an indsfinite <br />term until such time as it is terminated as provided hereafter. <br /> <br />s. TER"INATION. This LicensB Agreement shall terminate <br />upon one Dr more of the following occurrences: <br /> <br />a. The service of siNty days written notice of <br />intention to terminate by any party upon the other party. <br />