The County of Orange has entered into a license agreement with the City of Santa Ana for the use of 40 parking spaces in a parking structure located at 420 N. Main, Santa Ana, CA. The agreement started on August 1, 2021, and will continue until July 31, 2026. The County will pay the City $2,000 per month, which equates to $50 per parking stall per month. The key aspects of this contract include the lease of parking spaces, the payment terms, and the duration of the agreement. Some of the key points to consider are:
* The lease is for 40 parking spaces in a parking structure
* The payment is $2,000 per month, which equates to $50 per parking stall per month
* The agreement started on August 1, 2021, and will continue until July 31, 2026
* The contract can be terminated in accordance with Clause 7 (TERMINATION) of the License