Parking License and Easement

This contract is for a parking license and easement between the City of Clermont and Elin De Hoyos. The City of Clermont is granted an exclusive motor vehicle parking license and easement for a period of 9 years, with the option to terminate with 180 days' written notice. The City is required to pay $1,000 per month for the use of the parking license and easement. The contract includes provisions for maintenance, insurance, and indemnification. Key aspects of the contract include: • The City of Clermont is granted an exclusive parking license and easement for 9 years. • The City must pay $1,000 per month for the use of the parking license and easement. • The City is responsible for maintaining the property, including mowing and improving it with written consent from the grantor. • The City must maintain commercial general liability insurance with a minimum coverage of $1,000,000 per occurrence and $2,000,000 aggregate.