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HomeMy WebLinkAboutR-1993-040 Air Fair / Valley Mall Parking / First UnionRESOLUTION NO. R-93- 4 0 A 93- A RESOLUTION authorizing and directing the City Manager of the City of Yakima to execute a promotion agreement with First Union Management, Inc., to enable the City to use the Valley Mall parking lot as a park-and-ride location for the 1993 Air Fair. WHEREAS, the citizens of the City of Yakima have received commercial, educational, and entertainment value from the Air Fair held at the Yakima Airport; and WHEREAS, the City of Yakima has again been requested to provide bus service from outlying locations to the Airport to facilitate a greater volume of people attending the fair and reduce traffic congestion, which is within the public interest of the City; and WHEREAS, the Valley Mall has been used by the City as a park-and-ride location successfully in past years for this fair; and WHEREAS, the terms and conditions of such usage are the subject of a promotion agreement proposed by the management of the Valley Mall, which is acceptable to the City, now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: The City Manager is hereby authorized and directed to execute a promotion agreement, a cope of which is attached hereto and made a part hereof by this reference. If, prior to this date, the City Manager has signed this agreement, the Council hereby ratifies his signature and approves of the execution of the agreement. Ln ADOPTED BY THE CITY COUNCIL this G' " ' day of .< , 1993. ATTEST: �I City Clerk (is)res/carberry/1st Union Mgt.sc Mayor PRO S:3170N AGREEMENT THIS PROMOTION AGREEMENT entered into this by and between FIRST UNION MANAGEMENT, INC., a mailing address of 55 Public Square, Suite (hereinafter referred to as "Licensor"), and having a mailing address of 2 3 0 1 F r u i t v a l e, (hereinafter referred to as "Licensee"). Y 9 day of Delaware corporation, Cleveland, OH akima, WA 98902 April having a 1910, 44113, imp, ns k1 u WITNESSETH: IN CONSIDERATION of the payment of rents and other charges provided for herein and the covenants and conditions hereinafter set forth, Licensor and Licensee hereby covenant and agree as follows: 1. Licensor hereby leases to Licensee and Licensee hereby rents from Licensor designated .a .a Space N and approx_ . t i y u�.:: il�yrix3 L:Z.� as ��i.2... ' YV • ,�n� consisting of LJ6 ..... �e+1 square feet (herein referred to as "Premises") as outlined or hatched on Exhibit A attached hereto, within VALLEY MALL (the "Mall") for a period of Two days (the "Term") commencing Saturday, May 1, 1993 (the "Commencement Date"), and ending Sunday, May 2, 1993 , solely for the purpose of Air Fair Shuttle area following sums 1. $ 0 2. $ 0 3. $ 0 4. $ 0 5. $ 0 . Licensee to Licensor as rent for the Premises: Rent Advertising Shopping Center Security Maintenance and Trash Removal Other: shall pay, in advance, the 6. $ 0 Applicable sales or use tax 7. $ 0 TOTAL RENT Payments shall be made to the Mall in the form of on or before the Commencement Date. a Cashiers 2. Licensee agrees to provide the following services: for which the Licensor will pay the Licensee the following: For Talent For Display and/or Props Advertising Other: Check or Money Order 3. Licensee shall not permit, license or materially interfere with access to or visibility of any tenant in the area of the Premises and shall abide by and keep all operating rules and regulations as set forth in Exhibit B attached to this Agreement. 6/92 4. Licensee s1 L, at its sole cost and ex .rise, obtain all permits or licenses required by any governmental authority, prior to occupancy of the Premises. Copies of such permits and licenses shall be given to Licensor prior to Commencement Date. 5. Licensee shall protect, indemnify, save and hold harmless Licensor against all claims of loss, cost, damage or expense of any kind or nature arising out of or from (i) any accident or occurrence in, from, on or at the Premises; (ii) the sale of any goods or services by Licensee or its agent; (iii) the consumption or existence in the Mali and/or the Premises of any product sold, used or stored by Licensee, its employees, servants, agents or invitees. 6. Licensee shall, at its sole cost and expense, procure and continue in force general liability insurance covering any and all claims for inuries to persons in or upon the Premises. Such insurance shall be in the amount of not less than One Million Dollars ($1,000,000). Licensee shall also carry property damage insurance in an amount of not less than One Hundred Thousand Dollars ($100,000) for damage to property arising out of any one occurrence. Any insurance policies required hereunder shall name the VALLEY MALL NEMCHANTS ASSOCIATION and FIRST UNION MANAGEMENT, INC., as additional insureds. Licensee shall furnish Licensor with a copy of such insurance policy prior to the Commencement Date. 7. All of Licensee's personal property of every kind and description which may at any time be in the Premises shall be kept at hte Premises at Licensee's sole risk and Licensor shall not be liable for any damage to or loss of said property. 8. The Licensor may terminate this Agreement, with or without cause, and without liability at any time during the Term hereof upon giving Licensee not less than one (1) hour advance notice. IN TESTIMONY WHEREOF, Licensor and Licensee have caused this Agreement to be signed as of the date first above written. Signed in the presence of: FIRST UNION MANAGEMENT, INC. Signed in the presence of: -2- By: By:X And: LICENSEE 6/92