any time during the term thereof, the building or structure on the
said lands and for which such off-street parking has been provided,
is destroyed or is removed from the said lands and is not replaced
with another building or structure having the same off-street
parking requirements, within a period of one (1) year from the date

of such destruction or removal.

(ad) This right to park shali not be construed to convey
or vest any property or rights in such parking spaces or real
property or in the Parking Facility, in the owner or his successor
in titie to the said lands, nor shall the Owner be entitled to any
allocation of specific parking spaces or to any marking thereof
indicating that such spaces have been authorized for his use. All
obligations of the City under this agreement shall be Limited to
the provision of the number of off-street parking spaces within the

Parking Facility for which this right is granted.

2. The Owner agrees with the City to accept this right
subject to the terms and conditions of Section 1 hereof, and to be

bound by the same.

3. The Owner agrees with the City that if at any time the
Municipal Council may deem it expedient to recover any costs
incurred by the City in the operation, maintenance and management
of the off-street parking facilities provided pursuant to any Bylaw
then in force, the City shall have the unrestricted right and
liberty to close to the free use by the public the Parking Facility
and the parking spaces therein, and to fix and to charge fees or
rents for the use of any parking space in such Parking Facility,
and pending such action by the City, the Owner shall pay the City
for each of the 6 parking spaces the sum of $7.50 commencing the
first day of the month following execution of this agreement and on
the first day of each and every month thereafter for a total

payment to the City each month of $45.
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