2021-017 - Laserfiche WebLink

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section 1 above. All equipment and property purchased by FLORIDA TECH and placed in, on, or about the Premises, including equipment not affixed to the realty, shall remain the property of FLORIDA TECH. FLORIDA TECH may remove same on or before the termination of. the License Agreement. In addition, any and all personal property shall remain FLORIDA TECH's property and may be removed on or prior to termination of this License Agreement. 6.1 Permitting Any portion of the HFR project that requires a permit from Indian River County, the State of Florida or the United States, shall be the responsibility of FLORIDA TECH. 7. UTILITIES. The electric bill at Treasure Shores Park will be paid by Florida Tech. 8. HOLD HARMLESS. FLORIDA TECH agrees to hold harmless and indemnify IRC from any liability which may arise from the FLORIDA TECH's use of the Premises. 9. INSURANCE. The FLORIDA TECH shall carry the following insurance coverage and shall furnish IRC a certificate of said coverage. 9.1 Special Requirements. Prior to the commencement of the use of the premises, a certificate of insurance shall be provided to the Risk Manager for review and approval. The certificate shall provide for the following: A. Indian River County shall be named as an "Additional Insured" on the general liability policy. B. Indian River County will be given thirty (30) days' notice prior to cancellation or modification of any stipulated insurance. Such notice shall be in writing by certified mail, return receipt requested, and addressed to the Risk Manager. C. The commercial general liability policy shall have a combined single limit of no less than $300,000 per occurrence. 9.2 Lapse in Coverage. If the FLORIDA TECH allows insurance coverage required under this License Agreement to lapse, expire or be canceled it shall be an immediate breach of the License Agreement and grounds for eviction. 10. RIGHT TO INSPECT. IRC may enter and inspect the Premises to ensure that it is being properly maintained. 10.1 Meetings IRC will schedule and conduct quarterly virtual meetings with FLORIDA TECH and the Director of IRC Parks and Recreation. 11. ASSIGNMENT. FLORIDA TECH shall not assign or transfer any part of this License Agreement without prior written consent of IRC which may be withheld for any reason. This License Agreement is entered into with the knowledge that only the FLORIDA TECH will occupy the Premises. No additional entities, whether permanent or temporary shall be permitted to occupy the Premises during the term of the License Agreement without IRC's written consent. FLORIDA TECH shall not mortgage the Premises. 3