2001-053 Ordinance - Laserfiche WebLink

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submitted by the Vendor as attached hereto and made a part of this Agreement as Exhibit B. Vendor shall not be permitted to provide any service or to sell any product on City premises other than as expressly permitted by this Agreement. General Guidelines and Menu 1.02 The Vendor agrees to establish and maintain an overall high level of cleanliness, service and quality of food service at all times. The menu and associated price structures for all menu items will be reviewed and approved by the Owner to satisfy the patrons being served at the Owner's various premises. Vendor shall provide concessions on City premises at the locations and at the times specified from time to time by the City Parks and Recreation Commissioner. Permission to Use City Premises 1.03 For so long as this Agreement continues and Vendor is not in default of this Agreement, the City agrees that Vendor may enter upon and provide concession services at the City parks above-mentioned. ARTICLE TWO. CONTRACT PERIOD 2.01 This term of t11is Agreement shall be for a two (2) year period commencing upon the first day of the first inonth immediately following execution of this Agreement. ARTICLE THREE. COMPENSATION TO CITY Compensation Percentage 3.01 The Vendor shall, throughout the term of this Agreement, provide compensation to the City for its use of the City's premises in an amount which is equal to ten percent (10 %) of the gross revenues of Vendar received from all sales made on or generated from the premises of the Ciry. Payment Schedule 3.02 The Vendor shall make compensation payments to the City in weekly installments. Each weekly payment shall be due and payable on Monday no later than by 4:00 p.m., for all sales made during the immediately preceding one week (Monday through Sunday) period. If Vendor fails to make a timely compensation payment to the City, the City shall be entitled to charge Vendor a late fee of five percent (5 %) of the payment due the City. 2