Specifications include, but are not limited to: 1.Leased premises.The City leases to the Concession Operator and the Concession Operator does hereby rent and take as tenant, subject to the terms and conditions contained herein, the refreshment and concession stand located on the real property commonly known as Willard Beach (hereafter "leased premises"), together with the right to use in common with others such other portions of Willard Beach as are reasonably required by the Concession Operator to provide access to the stand for the uses herein prescribed. The City makes no representation as to its title to the leased premises or to Willard Beach.2.Products and services.Subject to the terms and conditions contained herein, the City grants to the Concession Operator during the term of this Lease an exclusive rightto sell to the public at said refreshment and concession stand non-alcoholic beverages, food items, notions, souvenirs, and such other products and services as shall first be approved in writing by the City's City Manager or his designee (hereafter "City Manager"), and the Concession Operator agrees to provide all such products and services under the terms and conditions contained herein. The City acknowledges that the Concession Operator has submitted to the City Manager a proposed price list of all products and services to be sold at said stand. For any renewal term as herein provided, the Concession Operator shall submit this proposed price list on or before the April 30 which precedes the renewal term. All such products and services shall be of fair or better quality and reasonably priced, provided, however, that no product or service may be sold under this Leaseuntil its price is first approved in writing by the City Manager.3.Lease term.Theinitialterm ofthis lease shall be from May 29, 2021through and includingSeptember 6, 2021. The Concession Operator may renew this Lease for three(3)successive additional terms running from the Saturday of the Memorial Day holiday weekend until the conclusion of Labor Dayof each year, commencing in 2022, at a rentto be negotiated, but subject to all other terms and conditions herein, provided that for each renewaltermthe Concession Operator notifies the City Manager in writing of its election to renew no later than the December 31 thatprecedes the renewal term and is not in default of any provision of this Lease or renewal thereof, and provided further that the parties agree in writing on a rent for the renewal term no later than the January 31 thatprecedes the renewal term.