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LICENSE,IMPROVEMENT AND ASSISTANCE AGREEMENT <br />(2018,2019,and 2020 Louisville Street Faire) <br />THIS LICENSE,IMPROVEMENT AND ASSISTAI’{CE AGREEMENT <br />(hereinafter “Agreement”)is made and entered into this .J9’~day of ~4~c 2017,by and <br />between the City of Louisville,Colorado,a municipal corporation (hereinafter “City”)and the <br />Downtown Business Association of Louisville,Inc.,a Colorado nonprofit corporation <br />(hereinafter “DBA”). <br />WHEREAS,the City is the owner of certain real property located at 824 Front Street, <br />Louisville,Colorado,and adjoining rights-of-way and parking areas,as legally described on <br />Exhibit A and depicted on Exhibit B,attached hereto and incorporated herein by reference;and <br />WHEREAS,the DBA desires to occupy such property from the City on a non-exclusive <br />basis for conduct of the Louisville Street Faire;and <br />WHEREAS,the City is willing to grant the DRA a revocable license to use and occupy <br />such property on a non-exclusive basis,upon the other terms and conditions of this Agreement; <br />and <br />WHEREAS,the City and DBA also desire to set forth mutual agreements regarding the <br />City’s provision of financial and service assistance for operation of the 2018,2019,and 2020 <br />Louisville Street Faire Seasons. <br />NOW,THEREFORE,the City and DBA agree as follows: <br />1.Licensed Premises.The City hereby grants to the DBA a non-exclusive and <br />revocable license to use and occupy that certain real property located at 824 Front Street, <br />Louisville,Colorado,together with portions of adjoining rights-of-way and parking areas,as <br />legally described on Exhibit A and depicted on Exhibit B,,together with improvements thereon <br />(hereinafter the “Licensed Premises”).The DBA may use and occupy the Licensed Premises <br />during the “DBA Exclusive Use Times”designated pursuant to this Agreement. <br />2.Term.This Agreement shall continue until terminated as provided herein or by <br />written agreement of the parties. <br />3.Exclusive Use Periods.A.For the year 2018,the DBA shall have exclusive use <br />of the Licensed Premises for conduct of the Downtown Louisville Street Faire (“Street Faire”)on <br />the dates set forth on Exhibit C, attached hereto and incorporated herein by reference. For 2019 <br />and 2020,by January 31 of each such year,the DBA and the City shall designate by mutual <br />written addendum to this Agreement the DBA exclusive use dates and times for that year.Such <br />addendum shall be executed by the City Manager and the DBA and attached to this Agreement. <br />If the parties are unable to reach mutual agreement by January 31 on that year’s dates and times <br />6