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Copy to: Director of Parks and <br /> Community Services <br />District: Superintendent of Schools <br /> 123 Main Street <br /> Pleasanton, CA 94566 <br />Copy to: Principal, Amador Valley <br /> High School <br />12. Transfer of Possession; Effective Date; Term. <br />a. This agreement shall take effect immediately. <br />Possession, control and responsibility for operation of the <br />Theater will transfer to City when both parties agree that the <br />renovation has reached the point at which the Theater is <br />independently operational; at a minimum this will include <br />construction of the proposed lobby. <br />b. The term of this agreement shall be thirty (30) <br />years from its effective date and may be renegotiated at the end <br />of the thirty(30) year term. <br />c. This agreement may be terminated by mutual <br />agreement of both parties. If this agreement is terminated for <br />any reason, the parties agree that possession and control of the <br />Theater and ownership of any improvements, fixtures, etc. shall <br />immediately revert to the District. <br />13. Cooperation Clause. Both City and District agree to <br />cooperate and exercise best efforts as necessary to make the <br />Amador Theater into a successful and viable community <br />institution. <br />- 6 - <br />