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                             WHEREAS,  Society  is willing  to  contract  such  an  historical  operation

                 in  accordance  with  the  tenI1S  and  conditions  of  said statute  and  of  this  contract,

                             l\DW,  THEREFORE,  in consideration  of  the  mutual  promises,  covenants

                 and  conditions  set forth  herein,  the  parties  hereto  and  each  of  them  agree  as

                 follows:

                 1.    USE  GRANTED

                             1.01        The  CoW1ty  hereby  grants  to  Society  exclusive  use  to  install,

                       construct,  maintain,  and  operate  of  the  Saugus  Railway  Station,  except  as

                       reserved hereafter by  the  County  in Section  8.17,  of the  real  property

                       described  in Exhibit A  attached hereto  and  incorporated  herein by  reference

                       (hereinafter  sometimes  referred  to  as  "said property").

                                   Specifically,  the  Society's  use  shall be  to  provide  for  the

                       collection,  preservation,  and  public viewing  of buildings,  books,  docl.ll11ents,

                       photos,  prints,  records,  artifacts,  etc.,  and  other uses  related  thereto,

                       that have  historical  significance  to  the  Santa  Clarita Valley  and  surrounding

                       areas.  The  Society may  at  its  discretion allow  use  of  the  building  for

                       meetings  of  other  recognized connnunity  groups.

                             1.02        Society agrees  to  be  responsible  for  the  care,  maintenance,

                       development,  operation,  and  control  of said real property  and  to  improve

                       at  its own  expense  the  said  real  property by  installing  and  restoring  the


                       Saugus  Railway  Station and  constructing  such  facilities  as  indicated in
                       the  general  development  plan  to  be  prepared by  Society  and  approved  by


                       County.  The  Society  agrees  to  develop  the premises  in  accordance  with  the

                       description  of  improvements  contained  in Exhibit  B  attached hereto.

                             1.03        1!1e  Society agrees  to properly maintain  said facilities  at

                       all  times  during  the  term  of  this  agreement.

                 2.    PREMISES

                             2.01        The  displaying  of historical  exhibits  shall be  conducted  on



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