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2020 Spanos Corp - Letter Agr for Permission to Use LandMarch 30, 2000 Mr. Jerry Herman Director, Community Development Dept. City of La Quinta 78-495 Calle Tampico La Quinta, Ca 92253-1504 W-- THE SPANOS CORPORATION 5029 LAMART DR., A-2 • RIVERSIDE, CA 92507 COma, TELEPHONE: (909) 786-0777 FAX: (909) 788-2035 Re: Letter of Agreement for Permission to Use Land Dear Mr. Herman: This letter shall serve as an agreement between The La Quinta Redevelopment Agency and The Spanos Corporation, whereas The La Quinta Redevelopment Agency ("Agency") agrees to allow The Spanos Corporation ("Spanos") temporary use of a portion of a parcel of land commonly known as Assessor's Parcel No. 649-03-036, which is contiguous and directly east of the proposed Aventine Apartment project at 47-750 Adams, La Quinta, Ca. The Spanos Corporation shall use the land (see Exhibit A) for temporary storage of lumber to be used on their apartment project. The lumber storage yard will be fenced, graded, and kept clean and free of debris & dust during its use, at the expense and responsibility of Spanos. Adherence to any regulation imposed by the City shall be the responsibility of Spanos. Effective dates are May 15, 2000 through November 15, 2000. The Spanos Corporation will vacate the land at any time during the term of the Agreement with a 30-day written notice from the Agency. Upon the termination of this Agreement, whether by Notice or Term, the land used will be cleaned, graded and sprayed with an approved soil stabilizer. The Spanos Corporation shall maintain a minimum of $1,000,000 General Liability and Workmen's Compensation Insurance co 'erage and name The T tl„-.ita Redevelopment kgenc;- as Additional Insured. The Spanos Corporation shall indemnify and hold The La Quinta Redevelopment Agency harmless for any claims or damages incurred due to the express use of said land. Accepted by: Date: Jac Lucas pans Corporation Accepted by: Date: omas P. Genovese/ La Quinta Redevelopment Agency 3 -'SO- ov //--3 /��, - Iandagmt.herman.02.78 ADAMS STREET 3 0 0 �0 c.n 0' >� � N CD U1 N C Y X � V 0 0 Y om