|
z . .
<br />~.. . , _ ..
<br />' ~ ,.
<br />All the land within the right-of-way of the Euyene-Springfield
<br />Highway (I-105), includinq the air-space ueneath the structure
<br />having a minimum vertical clearance of eight (8) feet, and
<br />bounded on the north by First Avenue, on _.ie south by Seventh
<br />Avenue, on the east by Washington Street, and on the west by
<br />Jefferson Street.
<br />2. The period of this lease shall be for twenty-five (25) years and may
<br />be renewed for an additional period of twenty-five (25) years by mutual agreement
<br />of the parties.
<br />3. This agreement shall comply with the Federal Highway Administration's
<br />POlicy and Procedure Memoranda 80-10.1 and 80-10.2 dated August 7, 1970. In the
<br />event of any conflict.between said memoranda and the provisions of this agree-
<br />ment, the more restrictive requirements shall prevail.
<br />4. City shall keep in force liability insurance with a company or companies
<br />approved by State and in a form satisfactory to State, to protect against any
<br />liability incident to use or occupation of the premises by City, for injury to or
<br />death of any person in the amount of not less than $500,000.00 for the claim of
<br />one person and $1,000,000.00 for the claims of all persons, resulting from each
<br />occurrence, and for damage to property in the amount of not less than $300,000.00
<br />Said policies shall name as additional insureds "the State of Oregon, the State
<br />Highway Commission, its members, officers, agents and employees," except as to
<br />claims against the primary named insured for injury or death to the persons of or
<br />damage to the property of the State of Oregon, the State Highway Commission, its
<br />members, officers, agents or employees. A certificate of insurance or copy of each
<br />policy shall be furnished by City to State upon the execution of this agreement.
<br />5. No advertising signs may be erected or placed on the premises, but City
<br />may erect and place at its own expense, such directional and informational signs
<br />and notices as are approved by State.
<br />6. City shall maintain the premises, and facilities placed thereupon, at
<br />its own expense, and shall be responsible for the use of the premises by the public
<br />and shall take all reasonable precaution to ,prevent rowdiness or other objection-
<br />able conduct on the premises.
<br />7. City shall, at its own expense, keep the premises at all times clean,
<br />safe, sanitary, and free of any debris, and shall pay for any utility services
<br />furnished to the premises, including installation of ineters.
<br />8. No gasoline supply station or gasoline pumps shall be installed,,placed,
<br />or operated on the prenises; nor shall vehicles used or designed for the trans-
<br />portation of gasoline, petroleum products, chemicals, or explosives be permitted
<br />to park on the premises; nor shall bulk storage of gasoline, petroleum products,
<br />chemicals, or explosives be permitted on the premises.
<br />- 5-
<br />
|