03-28-2005 Council Packet - Laserfiche WebLink

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«iB» I ^ • fwt t t «w « EXHIBIT B PARKING SPACE UCENSE AGREEMENT I Parking Space License Agreement ("Agreement”) between The Richard M. Kcaveny Fanyly Limited Partnership, as “Licensor," and JuIAim, Inc., d/b/a Jul Ann Hair Fashions, as “Licensee.” Licensor owns the real property at 3421-3435 Shoreline Drive in the City of Navarre, MiiyiesoU, legally described as; Tract B, Registered Land Survey No. 1422, Hennepin County, Mirinesota (hereafter “Licensor ’s property”). Licensee is or will be a tenant of the property that is located at 3449 Shoreline Drive and which is adjacent to Licensor ’s property (hereafter the “neigliboriug property"). ' The parties agree as follows: ^ 1. License. Licensee snail have a license for the use of up to __par’icing spaces in the parking area on Licensor ’s property that is adjacent to Shoreline Drive (hereafter the “Li^nse”), by employees or clients of Licensee’s hair salon (to be) operated on the neighboring property, subject to the terms of this Agreement. 2. License Fee. Licensee will pay Licensor a license fee of $___per month, on or before the____day of the month, for each montli tlie License is in effect. The license fee for any pamal month will be pro-rated. The License fee will be subject to adjustment evciy twelfth month that the License is in effect, by not more than a cumulative total of 5% per year. 3. Terminarion: Term. The License will terminate if Licensee is delinquent in the payment of the monthly license fee or in any other obligation of Licensee pursuant hereto, and continues to be delinquent after ten days written notice to Licensee delivered or mailed to Licensee at Licensee’s last known address. Licensor (or Licensor ’s successors or assigns) may alsq terminate the License upon, or at any time after, the occurrence of any of the following con|ditions: (a) Licensor sells Licensor ’s property; (b) Licensor enters into a lease with a tenant who will occupy the lower Uivcl, or any part of the lower level, of the building on Licensor ’s property, and such tenant commences occupancy; (c) Licensor, or the present or future tenants of Licensor ’s property, need to have the licensed paraing spaces available in order to s;>.tisfy zoning other requirements of any governmental authonty' (whethe. due to a change in tl.. use or size of tl'.e building, change or application ot zoning requirements, or othei wise), (d) Licensor commences rc">ovaI, reconstruction, substantial remodeling, or any addition to, Uic existing building or other improvements on Licensor ’s property; (e) Any part ol Licensor ’s property is condemned or taken, either temporarily or permanently, by any governmental authority. Ter|miiiation pursuant to (a) through (e) above will become effective ten days after wiitten notice to l^icensee delivered or mailed to Licensee at Licensee’s last known address, and, Licen.sec expressly agrees that Licensee has no riglits or expectation whatsoever which would in any way impede Licensor from selling, leasing, removing, expandmg, remodeling or recon.structing the buijding or other improvements on Licensor ’s property and terminating the License by reason thereof Licensee also agrees tliat the License is personal to Licensee and will automatically teiminate if Licensee i eases to operate a IilIi salon on the n'‘ighboring property, for any reason,