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VERIZON WIRELESS 1B
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Last modified
6/25/2014 10:10:13 AM
Creation date
1/28/2014 1:31:30 PM
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Contracts
Company Name
VERIZON WIRELESS
Contract #
A-2012-198
Agency
PARKS, RECREATION, & COMMUNITY SERVICES
Council Approval Date
10/1/2012
Expiration Date
5/31/2021
Insurance Exp Date
6/30/2014
Destruction Year
2026
Notes
A-2010-236; A-2011-180
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B. LESSOR shall exercise its relocation right under subsection A above by <br />delivering written notice (the "Notice ") to LESSEE. In the Notice, LESSOR shall propose an <br />alternate site within or on the Property to which LESSEE may relocate LESSEE's Facilities. <br />LESSEE shall have sixty (60) days from the date it receives the Notice to evaluate LESSOR's <br />proposed relocation site, during which period LESSEE shall have the right to conduct tests to <br />determine the technological feasibility of the proposed relocation site. If LESSEE fails to <br />approve of such proposed relocation site in writing within the sixty -day period, ,LESSEE shall be <br />deemed to have disapproved such proposed relocation site. If LESSEE disapproves such <br />relocation site, then LESSOR may thereafter propose another relocation site by Notice to <br />LESSEE in the manner set forth above. Any relocation site which LESSOR and LESSEE agree <br />upon in writing shall be referred to as the "Relocation Site." LESSEE shall have up to twelve <br />(12) months after execution of a written agreement between the parties concerning the location <br />and dimensions of the Relocation Site to relocate LESSEE's Facilities to the Relocation Site; <br />provided that any governmental approvals, permits or licenses required for such relocation have <br />been obtained by LESSEE. LESSEE's service will not be interrupted in connection with any such <br />relocation, and LESSEE shall be allowed if necessary to place a temporary cell site and antenna <br />structure on the Property during relocation. <br />Upon relocation of LESSEE's Facilities to the Relocation Site, all references to <br />the Premises herein shall be deemed to be references to the Relocation Site. LESSOR and <br />LESSEE agree that the Relocation Site (including the access and utility right of way) may be <br />surveyed by a licensed surveyor at the sole cost of LESSEE, and such survey will then replace <br />Exhibit "B" and become a part hereof and will control or describe the Premises. Except as <br />expressly provided, LESSOR and LESSEE hereby agree that in no event will the relocation of <br />LESSEE's Facilities, or any part thereof, under subsection A, above, affect, alter, modify or <br />otherwise change any of the terms and conditions of this Agreement. <br />C. Should the parties fail to agree on a suitable Relocation Site, LESSOR <br />shall pay LESSEE the depreciated value for LESSEE's Facilities and equipment, based on a ten - <br />year lease period. <br />29. DEFAULT. In the event there is a default by either Party with respect to any of the <br />provisions of this Agreement or its obligations under it, including the payment of rent, the non- <br />defaulting Party shall give the defaulting Parry written notice of such default. After receipt of such <br />written notice, the defaulting Party shall have thirty (30) days in which to cure any monetary default <br />and forty -five (45) days in which to cure any non - monetary default, provided the defaulting ,Party <br />shall have such extended period as may be required beyond the thirty (30) day or forty -five (45) day <br />period, as applicable, if the nature of the cure is such that it reasonably requires more than thirty <br />(30) days or forty -five (45) days, as applicable, and the defaulting Party commences the cure within <br />the thirty (30) day or forty -five (45) day period, as applicable, and thereafter continuously and <br />diligently pursues the cure to completion. The non - defaulting Party may not maintain any action or <br />affect any remedies for default against the defaulting ,Party unless and until the defaulting Party has <br />failed to cure the same within the time periods provided in this Section. If either Party commences <br />an action against the other Party arising out of or in connection with this Agreement, the prevailing <br />Party shall be entitled to have and recover from the losing Party reasonable attorney's fees and costs <br />of suit. <br />45022333.1 11 <br />Jerome Park <br />
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