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A G R E E M E N T <br />THIS AGREEMENT entered into by and between the CITY OF NtJRTH <br />OLt~I5Tk?D, hereinafter referred to as "Grantor", and the 4~iI0 PIPE <br />AND SUPPLY COMPANY, an phio Corporation, hereinafter referred to <br />as "Grantee". <br />tNk~BREAS, Grantee desires to have ®xclusive right and franch- <br />ise to construct, maintain and operate a natural Ras transmissi <br />line under and through certain public property in the City of <br />North Olmsted, and <br />W~IE REAS, it is the desire of the City of ~Joxth Olmsted to <br />grant said exclusive franchise under certain terms and conditions. <br />1~ITNESSETI~ <br />The parties hereto agree as follows: <br />1. Grantee is hereby granted the right to install, maintain <br />repair, replace and operate a pipe line in the area described as <br />fo l l oars <br />Extending along the section of ~1est <br />Ranchviewr Avenue to be constructed <br />as apart of Siebenhar Subdivision, <br />a distance of approximately 28~ feet <br />to the intersection with Ranchview <br />Avenue, thence northerly a distance <br />of approximately 14b feet along the <br />section of Ranchview Avenue to be <br />constructed as a part of Tallwood <br />Subdivision. <br />for the transportation of natural gas during the period of time <br />that this Agreement is in force:. <br />2. C,rantor grants this exclusive franchise for a period of <br />twenty-five X25) years, renewable thereafter at the option of the <br />grantor. <br />3. Such pipe line shall be laid according to specifications <br />approved by the Engineer of the City of North Olmsted and any <br />