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HomeMy WebLinkAboutContract 1554 • ORIGINAL t'IS Cathedral ity AGREEMENT FOR TEMPORARY STORAGE OF VEHICLES IN THE CATHEDRAL CITY PARKING STRUCTURE This Agreement is entered into this 29th day of November, 2006 for temporary use of one hundred (100) parking spaces in the Cathedral City Parking Structure located at 68-594 Avenida Lalo Guerrero, Cathedral City, California by and between Palm Springs Motors (the "User") and the Cathedral City Redevelopment Agency (the "Agency"). The term of this Agreement shall commence from December 1, 2006 and shall terminate on January 31, 2007, with payment due immediately upon execution. User acknowledges and understands that: 1. Only the area designated in the attached diagram of the parking structure may be used for the storage of cars by User. 2. All vehicles must be parked in the designated stalls. Drive aisles, as clearly indicated in the structure, must remain clear for use by the general public and emergency vehicles. 3. Repairs for any damage to the structure within the space designated by this authorization will be paid by User within fourteen calendar days written notice of such damage by Agency to User. 4. The area must be cleared of all stored vehicles, as well as any trash or debris that may have accumulated, no later than 5:00 pm on the date of termination. 5. The fee established for monthly use of spaces is equivalent to $5.00 per month, per space, for a total monthly fee of One Thousand Dollars and No Cents ($1,000.00) during the term of this Agreement or any mutually agreeable extension thereof. 6. The total monthly fee is due upon execution of this Agreement to cover the term of the Agreement and no rebates will be allowed for early termination initiated by User. 7. The Agency and the City of Cathedral City ("City") shall not be responsible for vehicle security or protection and will not be held liable for damage, theft or vandalism to stored vehicles. Vehicles are stored at User's sole risk. 68-700 AVENIDA LALO GUERRERO • CATHEDRAL CITY, CA 92234 • 760/770-0340 • FAX: 760/202-1460 8. The Agency and the City shall be named as additional insureds on Users insurance policy and verification of such coverage must be provided upon the execution of this Agreement and for the full term of use. 9. The spaces are to be used only for vehicle storage of operational vehicles. Showing of cars to customers, repair/maintenance, or any similar activities are prohibited. 10. There is a seven foot height limitation in the parking structure; therefore no high profile vehicles can be stored. 11. Porters or other driving the vehicles shall observe a 10 MPH speed limit at all times. 12. The Agency and City may revoke this Agreement for violation(s) of the above conditions and upon such notice, the User shall be require to removed stored vehicles with in 48 hours. USER Palm S • o • Inc I� By: 1 r1 1;41 Scot e S.les anager AGENCY Cathedral City Redevelopment Agency A public body, corporate and politic By: (Z �\ rc� /Janet R. Davison �Zedevelopment Director