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<br />'.. <br /> <br />'\. <br /> <br />200805735 <br /> <br />violation and shall provide precautionary barriers and signage designed to keep others <br />away from the safety hazard. <br />The City of Wood River shall have all responsibility to maintain and repair the <br />building. <br />This agreement shall become effective June 1, 2008 and shall continue in force for a <br />period oftwenty-five years until May 31, 2033. This agreement shall automatically <br />extend from the expiration date of the initial term for additional terms of one-year unless <br />the City of Wood River gives formal written notification of termination to Southern <br />Public Power District and Pioneer Trail Energy, LLC or their successors or assigns on or <br />before 180 days prior to expiration date of any term. <br />This agreement may be assigned by any Party to a new owner, with permission of the <br />other two Parties, which permission shall not be unreasonably withheld. <br />This agreement is executed in connection with a Contract for Sale of Facilities between <br />the City of Wood River and Southern Public Power District and shall be null and void in <br />the event that the conditions of Paragraphs 8. and 9. of the Contract for Sale of Facilities are <br />not fully satisfied. <br /> <br />IN WITNESS WHEREFORE, the parties have executed this agreement at Wood <br />River, Nebraska on this )...,A, day of ~ ' 2008. <br /> <br /> <br />Dan Simon, COO/EVP <br /> <br />ATTEST: <br /> <br /> <br />r/:/JtA ~(.jJ- <br />. Clerk <br /> <br />o Webster, Mayor r <br />proved by Resolution # ) III). o.Ji <br /> <br />3 <br /> <br />Document for Execution <br />