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I <br />2s4 <br />ORDINANCE N0. 8785 <br />An Ordinance granting to HOTEL EUGENE, In?C., a corporation, organized <br />and existing under the laws of the State of Oregoh, its successors and assigns, <br />a franchise over the intersection of East Broadway and Pearl Street in the City <br />of Eugene. <br />THE CITY OF EUGET~'E DOES ORDAIN- AS FOLLOV~TS: <br />Section 1. That there be and is hereby granted unto HOTEL EUGEP~IE, INC., <br />a corporation organized and existing under the lames of the State of Oregon, its <br />successors or assigns, the right and privilege for and during the term of ten <br />years from and after the taking effect of this ordinance, to construct, main- <br />tain, operate, reconstr=uct grid repair a sign bearing the legend EUGEIV'E HOTEL, <br />traversing the intersection of East Broadway Street and Pearl Street in the <br />City of Eugene, together with the right to erect and maintain any and all <br />supports and structures necessary to sustain the sign according to good pract- <br />ise. <br />Section 2. It is a condition of the granting of this franchise that the <br />sign and the structures sustaining the same shall at all time be maintained in <br />such a condition as to provide amplte clearance for traffic and an ample margin <br />for safety for• its support and it shall be decorated and illuminated as to con- <br />stitute an attractive ornament to the street. <br />Section 3. 2'he erection and maintenance of the sign and the supporting <br />structures shall be under the direction and supervision of the City Engineer <br />and the Hotel Eugene, Inc., shall at all times conform to the requirements <br />exacted by the City Engineer of the City of Eugene.. <br />Section 4. Should said street or intersection be altered or changed in <br />any manner affecting the support and maintenance of the sign, the HOTEL ETJGEI~"E <br />Il`~C., agrees to im:~ediately reconstruct or readjust the sign and its sustaining <br />structures so as to conform to such change, under the direction of the City <br />Engineer. <br />Section 5. Nothing in triis ordinance shall be so construed in amy way <br />,, <br />so as to prevent the authorities ~f the City of Eugene from sewering, grading, <br />paving, or repairing, widening or altering eny of the streets or• intersections <br />herein affected. <br />Section 6. The HOTEL EUGET~TE INC., shall file its written acceptance of <br />this franchise v~ith the P~ecorder within 30 days after its passage and approval <br />by the Tviayor. <br />Section 7. The HOTEL EUGETv~ P?C., hereby agrees to and is required as a <br />