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Last modified
1/24/2024 9:29:25 AM
Creation date
1/24/2024 9:25:26 AM
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Contracts
Company Name
SIGN CO, LP
Contract #
N-2024-039
Agency
Planning & Building
Expiration Date
12/31/2044
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B. OPERATOR agrees to defend, at its sole expense, any action against CITY, its agents <br />or consultants, officers, and employees related to this AGREEMENT. OPERATOR <br />agrees to indemnify and reimburse CITY for any court costs and attorney fees that <br />CITY may be required to pay as a result of any legal challenge related to this <br />AGREEMENT" and/or CITY's approval of a Billboard Permit or Conditional Use Permit. <br />CITY may, at its sole discretion, participate at its own expense in the defense of any <br />such action, but such participation shall not relieve the OPERATOR of its obligation <br />hereunder. <br />12. Annual Review <br />During the term of this AGREEMENT, CITY shall annually review the extent of good faith <br />compliance by OPERATOR with the terms of this AGREEMENT. OPERATOR shall file an <br />annual report with the CITY containing detailed information regarding compliance with the <br />terms of this AGREEMENT no later than March 15 of each calendar year. <br />13. Default and Termination for Cause. <br />This AGREEMENT may be terminated, for good cause, by City or OPERATOR if either <br />gives the other Party written notice of default and if that default is not corrected (i) on or before <br />fifteen (15) days after receipt of the notice for non-payment of any amount due or (ii) within <br />thirty (30) days after receipt of the notice for any other default (except in connection with a <br />default which cannot be remedied or cured within said 30-day period, in which event said 30- <br />day period shall be extended for such time as shall be deemed mutually agreeable by City <br />and OPERATOR necessary to cure the same, but only if the defaulting Party, within such <br />30-day period, shall promptly commence avid thereafter proceed diligently and continuously <br />to cure such default. <br />If this AGREEMENT terminates due to non-performance by OPERATOR, then (i) any <br />remaining unpaid Yearly Operating Fee that was due for any period before the date of that <br />termination shall be immediately due and payable to City and (ii) OPERATOR at its sole cost, <br />shall either (a) convert the billboard to art on -premise business sign that will only be allowed <br />to advertise the products, goods and servict;s scald on the Subject Property referenced herein <br />or (b) immediately remove the billboard and visible supporting equipment installed pursuant <br />to this AGREEMENT and shall return the site to an acceptable condition wherein the billboard <br />and its accompanying equipment and improvements are removed, and the site is graded, <br />landscaped, irrigated, and secured; provided, that if OPERATOR fails to remove any of the <br />billboard within one hundred eighty (9180) days after this AGREEMENT is terminated <br />pursuant to this subsection, then City shall be entitled to remove the remaining billboard and <br />dispose of same. If City is required to exercise its rights under this AGREEMENT due to <br />OPERATOR'S failure to remove the billboard, then City shall be entitled to be reimbursed by <br />OPERATOR any and all direct expenses incurred by City in exercising its rights under this <br />subsection within no more than ten (10) business days following City's delivery of an invoice <br />demanding payment for such expenses. Any such removal of the billboard by City shall not <br />entitle OPERATOR to any damages of any kind whatsoever against any or all City Parties, <br />and OPERATOR hereby releases and holds all City Parties harmless from indemnified claims <br />and liabilities for any action by any of the City Parties in removing the billboard. OPERATOR <br />hereby consents to C.;ity's entry onto the site to accomplish such removal. <br />14. Termination Without Cause. <br />0 <br />
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