95-002 Ordinance - Laserfiche WebLink

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. -4 ---? - ? , ? REVOCABLE LICENSING AGREEMENT THIS AGMEMAENT, made at North OLnsted, Ohio, this day of 1995, by and between the City ofNorth Olmsted, an Ohio mwricipal corporation ("City"), and W&Z Properties, LTD, an Ohio limited gartriership ("W & Z"). VVIHEREAS, W&Z has requested the City grant it a license to install, msintain and (if so directed) remove signage and appurtenant landscaping upon the property oamed by the City in accord with specifications and drawings approved by the City; and WIHEREAS, the parties desire to and by these presents urtend to delineate and determine the rights, obligations, duties and liabitities of each. NOW REFORE, in consideration of the foregoing premises and the mutual gromises hereinafter set forth, the parties agree as follows: l. City grants WBrZ a limited revocable license to install an enhanceway sign and landscaping within the right of way on Moen Drive, commmcsng upon the date of execution of this Agreement by the City following authorization by the Cowicil of the City. 2. This Revocable Licensing Agreement shall confimu from year to year uirtii such time as the City, for any reason whatsoever, shall direct thst the sigasge sad/or the appurtenant landscaping be ranoved. In the evem of such actioq the City shall give W&Z thirry (30) days notice to remove, durinst . time 8tZ shall, at its sole cost, reaove such signage and/or 1an@scaging, and/ WAoa X for airy resson, W&Z should fail to comply with the directive of the City within the thirty (30) day period, thea the City may, on its own, remove the signage and landscaping, restore the premises to final graded, seeded condition, and charge sU the reasonable expense the4bf to W&Z. 3. W&Z agrees to maintain its sign and landscaping in accordance with the plan it submitted to, and which was prevviously approved by the City, a copy of wtnch is attached hereto as Exhibit "A". In the event that W&Z fails to maintain the sign atd landscaping as presented within its plan (a "defiult"), the City may, after notice to W&Z and the lapse of thirty (30) days without W&Z remedying such default to the reasonable satisfaction of the City, revoke tlus license and recover fram W&Z damages from any injury caused to the City's pmperty, including its reasonabte cost of rtstoring the propeity to a final graded, seeded condition.