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TEMPORARY USE AND MANAGEMENT AGREEMENT This Agreement (the "Agreement') is entered into on March 14, 2013 by and between the City of South Bend, Department of Redevelopment (the "Owner ") and Downtown South Bend, Inc. ( "DTSB "). 1. LOCATION This Agreement pertains to the use and management of the parking facilities located at 225 Main Street and 121 St. Joseph Street, City of South Bend, and State of Indiana (the "Premises "). 2. TERM The initial term of this Agreement shall be for a period of two (2) years commencing on April 1, 2013 and terminating on March 31, 2015. At the conclusion of the initial tern hereof, this Agreement shall be automatically renewed for a tern of one (1) year and likewise on succeeding anniversary dates unless either party hereto shall provide the other with written notice of its intent not to renew this Agreement a minimum of ninety (90) days prior to any such anniversary date. The parties agree that Owner shall have an absolute right to terminate this Agreement for any reason and without cause or penalty upon thirty (30) days written notice of cancellation to DTSB. 3. USE The Premises shall be used for the parking of licensed motor vehicles and related purposes. 4. MANAGEMENT DTSB shall perform the following services for Owner in compliance with all laws and ordinances applicable thereto : A. Manage and operate parking services at the Premises; B. Furnish personnel for the operation of the Premises; C. Collect parking receipts, if any, and make disbursements as hereinafter provided; D. Account for parking receipts, if any, and disbursements as hereinafter provided; E. DTSB shall be responsible for all operating expenses noted below in item 5. F. Consult with Owner on parking matters related to the Premises. 5. OPERATING EXPENSES Operating expenses shall include but will not be limited to: