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(E) The parties hereto agree that if, at the sole discretion of the City, a Carnival Event should not <br />proceed on the dates set forth in Section 3 hereof due to foul or inclement weather, the City at its <br />discretion may grant Promoter alternative dates for the conducting of the Carnival Events within the term <br />of this Agreement. If Promoter desires to obtain alternative dates as provided in this paragraph, Promoter <br />must timely request the same from City. <br />2. SCOPE OF SERVICES <br />Promoter shall provide at each of the Parks identified a frill service c miival complete with the <br />rides, equipment and services as set forth in Exhibit B to this Agreement. <br />3. FEES/DEPOSITS/PERMITS/LICENSES <br />At least 10 days prior to the commencement date of each Carnival as set forth below, Promoter <br />shall pay to City the applicable fee for use of the Carnival Area as further set forth below. Promoter <br />agrees to pay the City and City agrees to accept from Promoter the following fees per Carnival Event. <br />Park/ Carhival Dates <br />Fee <br />Cesar Chaves/ <br />$4,500.00 <br />Campesino <br />April 4-6 <br />Madison Park <br />$8,750.00 <br />May 23-25 <br />El Salvador Park <br />$2,250.00 <br />Augus Z4 <br />Madison Park <br />$7,000 <br />August 29-31 and September 1 <br />$22,500.00 <br />In addition to the fees set forth herein, Promoter shall pay all required City fees and deposits <br />including the fees for police services and Park clean up, and obtain all required permits and licenses as <br />detailed in Exhibit B hereto. All fees and deposits shall be due and payable as set forth in Exhibit B. <br />Additionally, failure to pay the cleanup/damage deposit and/ or any other outstanding balances and fees a <br />minimum of ten (10) business days prior to the start of the event will result in a penalty of $500 per day. <br />The Promoter will not be allowed to start an event if there is an unpaid balance. Promoter is subject to <br />other monetary penalties for failure to perform as set forth throughout Exhibit B. <br />4. SECURITY DEPOSIT <br />Contemporaneously with the execution of this Agreement, Promoter shall deposit with City the <br />additional sum of $5,000.00 as a security deposit. The deposit shall be held by City, without liability for <br />interest, as security for the faithful performance by Promoter of all the tenns, covenants, and conditions of <br />this Agreement to be kept and performed by Promoter during the Tenn of this Agreement, or any <br />extension thereof, and including the removal of Promoter's facilities as set forth herein. Assuming <br />successful completion of all terms and conditions of this Agreement, including those within Exhibit B, the <br />security deposit, or any remaining portion thereof, and any amused fees shall be returned within 60 days <br />of the final carnival activity. <br />