Permitted Sign definition
Examples of Permitted Sign in a sentence
The construction of the Permitted Sign is consistent with and will further the goals identified in the Specific Plan with respect to advertising signage, including, inter alia, to encourage the maintenance and existence of proposed billboards, to allow for creative and innovative signage which will enhance the excitement of the Sunset Strip, and to allow for artwork (as described in this Agreement) and design elements to be incorporated into the signage in order to enhance the visual quality of the street.
The parties hereto have determined that a development agreement to govern and permit the construction and operation of the Permitted Sign is appropriate due to the substantial benefits to be derived by both parties therefrom.
The operation of the Permitted Sign will generate revenues for the City by the payment of the Public Benefit Payment set forth in Section 4.1 of this Agreement and will provide other public benefits as set forth in Sections 4.2 through 4.4 of this Agreement.
The Permitted Sign and all associated structures shall be removed by the Owner at the end of the Term; provided, however, that the Permitted Sign and associated structures shall not be required to be removed to the extent that Owner and City have entered into an extension of this Agreement or a new agreement regarding the continued operation of the Permitted Sign on the Property.
In exchange for these and other benefits to the City, Owner will receive assurance that Owner may erect and operate the Permitted Sign during the Term of this Agreement, subject to the terms and conditions herein contained.