CENTRAL PARKING SYSTEM, INC. (PARKING GARAGES -2013)

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AGREED UPON AS THE PARTIES' REASONABLE ESTIMATE OF CITY'S DAMAGES. "CITY" By: "OPERATOR" a. Failure to make daily deposits of all receipts, for each day, or portion thereof, that deposit is delayed beyond the deposit deadline. (The only exception shall be for Acts of God, such as earthquakes, in which delay is beyond the Operator's control.) One Hundred Dollars ($100) a day for each failure to perform. b. Failure to deliver, on time, required items such as reports, schedules, manuals, budgets or other materials as specified in the Operating Agreement. Twenty - five dollars ($25) per item or set of materials. C. Failure to have revenue control tickets available and installed and each and every ticket - dispensing machine. Fifty dollars ($50) per failure. d. Failure to maintain accurate monthly parking records, including monthly parking applications, accurate access log, notification to the City of delinquent accounts, and maintenance of activation/deactivation of monthly access. The current applicable monthly rate per record or access occurrence. e. Failure to properly notify the City of any unpaid individual monthly permit account or event parking pass. The current applicable monthly rate for each month that the unpaid individual monthly permit remains active after the seventh day (7) of each month or the maximum daily parking rate for each unpaid event parking pass that was created and used at a Parking Facility. f. Failure to follow the Routine Maintenance and Minor Repair requirements in any part. Twenty-five dollars ($25) per occurrence. g. Failure to maintain revenue control equipment to ensure accuracy and Consistency of operations or failure to schedule or follow up on the repair of revenue control equipment malfunctions within twenty -four (24) hours of occurrence. One hundred dollars ($100) per occurrence per clay. 28