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2020-119 Resolution
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2020-119 Resolution
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Last modified
12/3/2020 3:05:31 PM
Creation date
12/3/2020 2:56:43 PM
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North Olmsted Legislation
Legislation Number
2020-119
Legislation Date
12/1/2020
Year
2020
Legislation Title
Reit Vending Contract
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EXHIBIT B <br />METHOD OF PAYMENT <br />2.1 For basic services under Section 1. Basic Services of the CONTRACTOR as described in <br />Exhibit A, CONTRACTOR shall pay CITY fifteen percent (15%) commission of the gross sales <br />of all snack and ice cream machines. <br />2.2 CONTRACTOR shall count, verify and balance all machine proceeds at time of service, <br />together with a North Olmsted representative. CITY is exempt from local, state, and federal <br />taxes. The CITY requires monthly commission payments within 30 days with audit provisions. <br />CONTRACTOR shall process and forward refunds promptly each time machines are serviced. <br />++ END OF EXHIBIT B ++ <br />
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