Reso 2023-3491 - Laserfiche WebLink

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PID: 143695 CITY OF SUNNY ISLES BEACH NONEXCLUSIVE PARKING LICENSE AGREEMENT This Nonexclusive Parking License Agreement (this "Agreement") is made as of day of Mf IL 2023 (the "Effective Date"), by and between the CITY OF SUNNY ISLES BEACH, a municipal corporation (the "City") and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, a national banking association ("Chase"). RECITALS WHEREAS, Chase is in need of additional employee parking in connection with the Chase Bank located at 17760 Collins Avenue, Sunny Isles Beach, FL 33160; and WHEREAS, the City and Chase (collectively referred to as "the Parties") desire to enter into a nonexclusive parking license agreement for ten (10) parking spaces along Atlantic Boulevard between 177"' Drive, and 175th Terrance, as more particularly described and depicted in Attachment "A" to this Agreement, which is incorporated herein by reference (the "Property"); and NOW, THEREFORE, in consideration of the execution and delivery of this Agreement and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows: 1. Recitals. The foregoing recitals are true and correct and are incorporated herein in their entirety. 2. Use of the Property. The City hereby licenses to Chase the right to use, on a nonexclusive basis, ten (10) parking spaces located within the Property (the, "Parking Spaces"), as depicted in Attachment "A", for use by Chase employees. The license includes Chase's right to use, in common with others, the common areas of the Property, including any gates, driveways and sidewalks, to the extend necessary for reasonable access to and from the Parking Spaces. No other use of the Property is permitted without the express written permission from the City. Any vehicles not parked within the Parking Spaces and/or not displaying the parking permit from the City will be ticketed by the City's Code Compliance Division. 2.1 Limitations on Use of the Parking Spaces. Chase agrees that the use of the Parking Spaces is for passenger vehicles only. All vehicles parked on the Parking Spaces pursuant to this Agreement shall be free of leaking substances. Any fluid leaks, such as oil and gas, shall be cleaned up promptly by Chase. The washing, repairing or painting of vehicles on the Parking Spaces is also strictly prohibited. Chase shall not permit the parking of any derelict vehicles on the Parking Spaces. As used herein, a "derelict vehicle" shall mean an old and dilapidated motor vehicle that is: (a) partially dismantled or wrecked; or (b) cannot be self-propelled or moved in the manner in which it originally was intended to move; or (c) does not display a current license plate. 3. License Fee. Chase shall pay a monthly fee of Two Thousand Five Hundred Dollars ($2,500.00),