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<br />e <br /> <br />e <br /> <br />The Association shall be responsible for purchase of all Banners and shall submit to the <br />City M~nager's Office an invoice for the full amount of purchase with a cover letter requesting <br />City funds. The Association shall be responsible for notifying the City in writing of a need to <br />replace damaged or worn Banners. Both the Association and the City shall bear replacement <br />costs of Banners. The Association shall provide for storage of Banners. <br /> <br />III. <br /> <br />The City, Association, RE HL&P, and TxDOT have agreed to a display period of thirty <br />(30) days per quarter for Banners. Vendor to provide initial installation of Banners. The City <br />and Association will agree to provide for quarterly removal and reinstallation of Banners. <br /> <br />No organization other than the Association or City shall have use of the RE HL&P Standards for <br />display of Banners. The City shall reserve the right to have any or all Banners removed if <br />Standards are required for display of Christmas decorations. <br /> <br />IV. <br /> <br />This instrument contains the entire agreement between the parties relating to the rights herein <br />granted and the obligations herein assumed. Any representations or modifications concerning <br />this agreement shall be of no force or effect excepting a subsequent modifications in writing <br />signed by both parties hereto. <br /> <br />V. <br /> <br />This agreement will be in force for a period of one (1) year(s) with I-year renewal options. By <br />agreement of both parties, this agreement may be extended for the necessary period of time to <br />fund any future items for the improvement of Main Street. <br /> <br />IN TESTIMONY WHEREOF, this instrument has been executed in duplicate counterparts, each <br />to have the effect of an original as follows: <br /> <br />(A) It has been executed on behalf of the City on th~day of (Q('",,-Io1?Jp( , 2000, <br />by its City Manager and attested by its City Secretary, pursuant to an Ordinance <br />of the City Council of the City of La Porte, authorizing such execution; and <br /> <br />. , fJ'i1 <br />(B) It has been executed on behalfofthe Association on the 1.1!!-day of5epiYfl , 2000, <br />by its President and attested by its Secretary, pursuant to authorization from the <br />Board Directors of the La Porte Main Street Association, authorizing such <br />execution. <br /> <br />CITY OF LA PORTE <br /> <br />By: G~T\~ <br />Robert T. Herrera, City Manager <br /> <br />2 <br />