1375 ORD GRANTING FRANCHISE TO PETE HINDMAN TO USE PORTION OF PARKWAY ABUTTING ON EAST SIDE OF NORTH MAIN ST

Home Browse Search

ORDINAiVCE N0. 1375 A'iJ ORDIPdAiJCE GRAiVTING A FHAi`dCHTSE TO PETE HINDMAF~ T'J USS A PO?3TIOPJ CF TnE PA::WAY Ai3liTTIiVG VP`' THE ZAST SIDE OF NLRTF; b1ATiV 5TREET FEET EAST OF ITS IPITERSE:.TTOiv •'JUIT;1 THE NCRTH LIiVE OF E1lST OAIC STREET, FOR THE PURPOSE OF ItdSTALLItiG, EaECTING AI'vD MAINTAIiVIPvG Aiv ILLUMIPIATED SIGN _rCR A PERIOD OF TE;v (10) YEARS, AiJll FIXItvG THE RErvTAL THEREFOR. Bi IT 'ORDAIivED BY THE CI tY COUNCIL OF TIIE CITY PARIS: Seciion l. In consideration of the rental set out, and in strict compliance wilLh the terms of this ordinance by Pete Hindrnan, the said rete Hindman is 'rlereby au`horized to use the following desc-ribed space *or a term of tpn ;10) years from the effective date or this oruinance for the purpose of installing, erecting and mainiaining an illuminated sign to advertise the business conducted ori the property and premises abuctiny such streets, said space and property beiny described as follows, to -wit: A space 2 feet by 2 feet in Gimension, located 4~-0 feet South of the South Line af Easi; Oak Street and _/,,Y feet East of the East curb line of ivorth ;Nain Street. Section 2. The franchise use herein granted shall be for a term of ten (10) years, subject to the right of the City at; any time to al ter, reform or amend it or to appropriate said space to the exclusive use of the City of Faris in the event triat the same shall be needed or required for any municipal purpose, afier giving thirty (30) days notice of such need and intention to alter, reForm or amend the same and tendering to saiG franchise holder refund of any unearned rentals paid in advance pursuant to this ordinance. 5ection 3. Pete Hindnan shall pay an annual rentai of Five Dcllars ($5.00) for the term of ten (10) years, the first five annual rental pay- ments to accrue and ae payable concurrent with the effective date cf this ordinance and the last five annual payments to accrue five years from the effective date of this ordinance. Section 4. Any use of the space and privilege granted herein snall be co:~clusive evidence of the acceptance by the said Pete Hindman of all of the provisions of this ordinance, and all ether ordinances of ttie City of Paris yoverning tne grantiny of franc'tiises, and shall expressly bind the said Pete Hinaman, nis heirs anci assigns to pay the rental specified and to i:eep the premises occuPlied by him in aood repair and safe condi- ticn during the franciiise period, and also to indemnify t}ie City° of Paris against any ana ali ciaims and actions for damayes to any person or pro- perty growing out of or arising fxom the use of such premises under this franchise, and the said Pete Hindman expressly agrees to deFend any and all suits tnat may be instituted against the City cf Paris on account of such mazntenance and use of such property, ana to pay all costs, attor- neys' fees and o-ther expenses arising out of any sucn suit. Sec-tion 5, ihe lease or franchise granted herein shall not be assignable unless consent is given by the Governing Body of the City of Paris in advance of sucn assiynment or transfer. Section 6. railure to pay the rental provided herein when due will authorize the Governing Body of the City of Paris at its option to repeal cr revoke any rights granted under this ordinance, but such revo- cation or repeal shall not release the francnise holder from any of the obligations imoosed upon him by virtue of the provisions of Section 4 hereof.