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<br />e <br /> <br />e <br /> <br />II. <br /> <br />The Concessionaire and employees shall operate the fishing pier concession in <br />Sylvan Beach Park in its entirety and the Concessionaire shall make no sale, exchange <br />or assignment of rights under this Agreement, either in whole or in part, without the prior <br />written approval of the City Council of the City of La Porte. <br /> <br />III. <br /> <br />As consideration for this concession, the Concessionaire shall pay, without <br />demand, a monthly concession fee in an amount equal to two-thirds (2/3) of the gross <br />user fees collected for the use of the pier. Gross User fee is defined as the total gate <br />receipts less any federal, state, and/or local taxes. The concession fee will be due and <br />payable on or before the 10th day of each month for the preceding month's activity. <br />The Concessionaire agrees to maintain documentation, on forms to be developed and <br />provided by the City and adhere to guidelines established by the City, of daily use and <br />payments received. The Concessionaire agrees to furnish to the City any and all <br />reports which City may require covering all receipts and income of the concession, and <br />agrees that her books and other records may be examined by the City or City Auditor or <br />any other officer of the City at any reasonable time. The Concessionaire agrees to <br />keep and maintain said records and books in La Porte. The Concessionaire may, on a <br />daily basis, report and deposit with the City all admission revenues generated by the <br />pier operation. The City shall remit to the Concessionaire the amount due to the <br />Concessionaire pursuant to this agreement on a monthly basis. <br /> <br />IV. <br /> <br />The Concessionaire shall operate and manage the fishing pier. Admission rates <br />will be set through negotiation with the City and shall be reasonable and equal to those <br />charged by concessionaires in comparable facilities. The Concessionaire agrees to <br />conform to the rates as set. The Concessionaire shall post a schedule of such fees, <br />rates, and prices at all times in a conspicuous place on the premises. <br /> <br />V. <br /> <br />During the term of this Agreement, Concessionaire's and City's obligations <br />hereunder, in addition to others specified herein, shall be as follows: <br /> <br />(a) The Concessionaire will abide by all applicable federal, state, and <br />municipal laws, ordinances, rules and regulations. Concessionaire must <br />obtain, at her own expense, all licenses and permits required for the <br />operation of said fishing pier and make the same accessible at all times to <br />city, county, state, and federal officers. Concessionaire agrees to pay all <br />federal and state permit and lease fees. The City agrees to pay required <br /> <br />C:\AGR\PIER CONCESSION, REVISED, 1199 <br /> <br />Concession Agreement, Page 2 of 9 <br />