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The city may enter into agreements to license city-owned property when the city does not wish to grant a possessory interest in such property but does wish to authorize the licensee to carry out an act or series of acts on such property. Agreements to license shall not purport to grant a possessory interest in city-owned property, shall not be inheritable nor assignable, and shall be revocable at the will of the city. To the extent that they are not inconsistent with the foregoing limitations, the standards set forth in Sections 3.84.070 through 3.84.120 for leasing shall also apply to licensing of city-owned real property. (Ord. 2974-07 § 3, 2007.)