Reso 2010-1643 - Laserfiche WebLink

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4. SECURITY DEPOSIT. Contractor shall deposit and maintain with City a $450.00 (four hundred and fifty dollar) security deposit to the City at least seven (7) calendar days prior to commencing services under this agreement. The Security Deposit shall be held by City and may be applied at the City's sole discretion against any unpaid fees, charges or any other amount due and owing to City under this Agreement. If City makes such deduction, Contractor shall restore the Security Deposit to the full amount required by City within thirty (30) days of a written demand by City Manager or his designee. A failure by Contractor to do so shall constitute a default pursuant to this Agreement. Any amounts remaining from the Security Deposit (after deductions for delinquent or unpaid fees, costs or charges as specified above) at the expiration or earlier termination of this Agreement shall be returned to Contractor after a determination by the City Manager or his designee that all amounts owed to City under this Agreement have either been paid in full or have been deducted from the Security Deposit. 5. TERM. This Agreement shall be for a term of one (1) year commencing upon the execution of this agreement and ending one (1) year thereafter, unless terminated sooner pursuant to paragraph 14 of this Agreement. This term may be extended for an additional one (l) year term at the sole option of the City. Any change in fee, terms or conditions shall be accomplished by written amendment to this Agreement and approval by the City. 6. NO SUBLEASE. Contractor shall not sublease or otherwise convey any interest of any sort granted by this agreement to any person or persons whatsoever without prior written consent and approval by the City. 7. RECORDS AND ACCOUNTS. Contractor shall keep true and accurate books and records showing all of its business transactions in separate records of account for the concession operation, in a manner acceptable to the City. The City shall have the right, through its representatives, and at all reasonable times, to inspect such books and records, including State of Florida sales tax records. The City may require Contractor, at his expense, to have his records and accounts audited by an auditor acceptable to the City and shall present said audit to the City Manager or his designee within thirty (30) days after the completion of the audit. If Contractor fails to provide the required audit, the City shall contract to have an audit performed at the Contractor's expense. 8. CONDITION OF PREMISES. The taking of possession of the subject premises by Contractor shall, in itself, constitute acknowledgment that the premises are in good and tenantable condition. Contractor agrees to accept said premises in the present existing condition, "as is" and the additions, or betterments thereto. Contractor shall not construct or modify said premises without the prior written approval by the City Manager or his designee. Any plans for such construction, if applicable, shall be submitted to the City for approval. Such construction or modification shall be without cost to the City. 9. SIGNS. All signs, names or placards shall be approved by the City Manager or his designee prior to installation. All signs must meet all requirements and specifications as set forth by the City.