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PARKING CONCEPTS INC. OF LOS ANGELES 1 - 2007
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PARKING CONCEPTS INC. OF LOS ANGELES 1 - 2007
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Last modified
7/7/2016 1:00:19 PM
Creation date
1/28/2008 9:11:12 AM
Metadata
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Template:
Contracts
Company Name
PARKING CONCEPTS INC. OF LOS ANGELES
Contract #
A-2007-253
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
12/3/2007
Expiration Date
1/1/2010
Insurance Exp Date
6/1/2008
Destruction Year
2018
Notes
Amended by A-2007-253-001, A-2010-226, -01, A-2011-259, A-2012-227, N-2013-027
Document Relationships
PARKING CONCEPTS INC. OF LOS ANGELES 1A - 2009
(Amended By)
Path:
\Contracts / Agreements\_PENDING FOLDER\READY TO DESTROY IN 2018
PARKING CONCEPTS INC. OF LOS ANGELES 1B - 2010
(Amended By)
Path:
\Contracts / Agreements\_PENDING FOLDER\READY TO DESTROY IN 2018
PARKING CONCEPTS INC. OF LOS ANGELES 1C - 2010
(Amended By)
Path:
\Contracts / Agreements\_PENDING FOLDER\READY TO DESTROY IN 2018
PARKING CONCEPTS INC. OF LOS ANGELES 1D - 2011
(Amended By)
Path:
\Contracts / Agreements\_PENDING FOLDER\READY TO DESTROY IN 2018
PARKING CONCEPTS INC. OF LOS ANGELES 1E - 2012
(Amended By)
Path:
\Contracts / Agreements\_PENDING FOLDER\READY TO DESTROY IN 2018
PARKING CONCEPTS INC. OF LOS ANGELES 1F - 2013
(Amended By)
Path:
\Contracts / Agreements\_PENDING FOLDER\READY TO DESTROY IN 2018
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United States of America for information or reports relating to this <br />Agreement, and to Operator's management of the Premises. Such <br />data shall include, if required, a detailed breakdown of Operator's <br />receipts and expenses. <br />G. Failure to Maintain Adequate Records. In addition to any other remedies <br />available to the City at law, in equity, or under this Agreement, in the <br />event the Operator fails to maintain and keep books, records, and accounts <br />relating to the Operator's operations on or from the Parking Facilities and <br />source documents relating thereto, or to make the same available to the <br />City for examination and audit, or to record sales and /or to maintain <br />registers to record sales, or to provide financial statements and other <br />information to the City regarding gross receipts as required by this <br />Agreement, the City, at the City's option, may: <br />Perform such examinations, audits, and/or investigations itself or <br />through contractors, agents, or employees as the City may deem <br />appropriate to confirm the amount of gross receipts payable to the <br />City by the Operator under this Agreement and any and all costs <br />and/or expenses incurred by the City in connection therewith shall <br />be promptly reimbursed to the City by the Operator upon demand. <br />2. Provide accounting services and/or a system for recording gross <br />receipts, including without limitation, cash registers, for use by the <br />Operator in conducting business transactions upon or from the <br />Parking Facilities, and, at the City's option, maintain personnel on <br />the Parking Facilities to observe and/or record such transactions <br />during the Operator's business hours, or from time to time, all at <br />the Operator's sole cost and expense and, in such event, the <br />Operator shall promptly reimburse the City for any and all costs <br />incurred by the City in connection therewith; and /or <br />3. Require that Operator pay to the City, upon demand amounts equal <br />to and based on the City's reasonable estimate of the actual gross <br />receipts from parking operations conducted on or from the Parking <br />Facilities. Any such estimate made by the City in good faith shall <br />be conclusive and binding upon the Operator. <br />Costs payable by Operator pursuant to this Section shall include <br />reimbursement to City, for City provided services at such rates as <br />the City may from time to time in good faith establish for such <br />services. In the case of services provided by the City's employees, <br />such rates shall be sufficient to reimburse the City for employees' <br />salaries, including employee taxes and benefits and the City's <br />overhead or, may be the rate for such services that would be <br />E <br />
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