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<br />~/ <br />~A~ <br /> <br />ATLANTIC <br />RADIO NETWORK <br /> <br />,..~, <br /> <br />300 Aragon Avenue, Suite 255 <br />Coral Gables, FI. 33134 <br />Tel: 305. 476.9782 <br />Fax: 305.476.9794 <br /> <br />THIS AGREEMENT is made and entered by and among Atlantic Radio Network, <br />LLC, a Florida limited liability company, herein referred to as "ARN" and the City of <br />Sunny Isles, a Florida municipal corporation, herein referred to as the "City". <br /> <br />WITNESSETH: <br /> <br />WHEREAS, the City wishes to engage the services and expertise of ARN for the <br />acquisition of a radio broadcast license and the building of a radio broadcast property on <br />City property. <br /> <br />WHEREAS, the City wishes to engage the expertise of ARN for the training of <br />certain City employees for the operation and maintenance of this radio broadcast <br />property. <br /> <br />WHEREAS, ARN will provide certain production services enabling the City to <br />receive some limited programming content for the station once it is on-line. <br /> <br />NOW, THEREFORE, in consideration of the foregoing and of the mutual <br />agreement and covenants herein contained, and for other good and valuable <br />consideration, the receipt and sufficiency of which the parties hereby acknowledge, the <br />parties agree as follows: <br /> <br />1. Scope of Services/Equipment. ARN will provide all necessary <br />engineering for the acquisition and building of a 10-watt TIS radio property, as defined <br />by the Federal Communications Commission ("FCC"), and all work for the FCC <br />licensing thereof, on behalf of the City. ARN will acquire and install all of the necessary <br />broadcast equipment, and produce audio components for the programming of the City <br />station, at radio tower and broadcasting locations to be provided by the City. Addendum <br />"A" of this agreement outlines the specific services and equipment referred to herein as <br />(the "Project"). <br /> <br />~ 2. Term. Rns=agreeme~nii:CanGeliable. It is understood that the Federal <br />Communications Commission will grant the license applied for by ARN on behalf of the <br />City and that the exact timeframe of the granting of that application may vary. <br /> <br />ATTACHMENT "A" <br />