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2 <br />Additional <br />Provisions <br />The initial annual fee of $2,494.74 shall escalate at a rate of 5% per year. <br /> <br />B. GENERAL LICENSE CONDITIONS <br />Unless specifically provided otherwise in the Specific License Provisions, the following <br />provisions apply: <br />1. LICENSED PROPERTY. The City licenses to Licensee the Licensed Property. <br />Licensee has examined the Licensed Property and is in all respects familiar with the Licensed <br />Property and the improvements in the Licensed Property. Licensee accepts the Licensed Property <br />and its improvements in their “as is” condition. <br />2. TERM. The Term of this License is as set forth in Part A, unless terminated earlier <br />as set forth in this License. <br />3. TERMINATION. The City may terminate this License at any time and for any <br />reason effective upon 30-days prior written notice to Licensee. The City may also terminate this <br />License effective upon written notice to Licensee in the event of material breach of this License. <br />These rights are in addition to any other rights at law or in equity. <br />4. RENT. During the term of this License, Licensee shall pay the Rent stated in Part A <br />by the first day of each calendar month of the Term to: <br /> Treasurer <br /> City of Everett <br /> 2930 Wetmore Avenue <br /> Everett, WA 98201 <br />or such other place as the City may from time to time designate in writing. This amount includes <br />Leasehold Excise Tax, if applicable. <br />5. USE. Licensee shall use the Licensed Property only for the Approved Use stated in <br />Part A. Licensee shall not use or permit the use of the Licensed Property for any other use without <br />the prior written consent of the City, which may be withheld at the City’s sole discretion. The <br />Approved Use shall not interfere in any way with any the City use of the Licensed Property, <br />including without limitation utilities and travel. <br />6. COMPLIANCE WITH LAW. Licensee shall not do anything or permit anything to be <br />done in or about the Licensed Property which will in any way violate or conflict with any <br />applicable federal, state or local law. Unless otherwise agreed in writing by the City, Licensee <br />must at Licensee’s sole cost acquire all permits required by law or regulation necessary for the <br />Approved Use. <br />7. INSPECTION AND RIGHT-OF-ENTRY. The City and its agents shall have the right, <br />but not the duty, to inspect the Licensed Property at any time to determine whether Licensee is <br />complying with the terms of this License.