Parking License and Easement

The City of Clermont has entered into a parking license and easement agreement with Victory Way, LLC. The agreement grants the City of Clermont an exclusive motor vehicle parking license and easement for a period of 5 years, from July 1, 2019, to December 31, 2024. The City of Clermont will pay Victory Way, LLC $500 per month for the use of the parking license and easement. The agreement includes terms and conditions for the use and maintenance of the property, as well as provisions for insurance, indemnification, and termination. Key aspects of the contract include: • The City of Clermont has the right to use the parking license and easement for a period of 5 years. • Victory Way, LLC will receive $500 per month for the use of the parking license and easement. • The City of Clermont is responsible for maintaining the property, including mowing and improving the property as necessary. • The agreement includes provisions for insurance, indemnification, and termination.