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<br />( <br /> <br />co. <br /> <br />c.. ' <br /> <br />. <br /> <br />. <br /> <br />4 <br /> <br />PROPOSAL <br /> <br />CO~C~SSIONS ~ANAG~M~NT SERVICES, INC. proposes the following <br />to the city of La Porte, Texas; in exchange for the right to <br />provide excl~aive food and beverage concessions, at the <br />LITTLE CEDAR BAYOU PARK - (1) Wave Pool, (2) Softball <br />COloplex: for three (3) years and a one (1) year option <br />co'-oe nc i ng ~.t;3.'y 27, 1 989: <br /> <br />PERCBN'.rA.GI~ PAY:1BI'l'rS - lye propose to pay the following <br />percentages of gross receipts ten (10) d~s following each <br />month. <br /> <br />OPTION I: <br /> <br />'17."5% of Concessions food and beverage, candy and all <br />other sales; (Gross sales is defined as gross receipts less <br />appli cable SA-leA t'1.x:es), fa r t he iSoft'bal];:.;Compi~x'? <br />.:..:. .;' ..~ ~ "}'~.:;. '.:.~." .,. <br /> <br />30.5~ of Concessions food and beverage, candy,and all <br />other s'ares; (Gross sales is defined as g:r..oss re~ei:pts.lesf3 <br />appli cable sales taxes), for .th'":e....Wave' 'Pool: <br /> <br />'" ,. ..... "...: .-' '. <br /> <br />OPTION II: <br /> <br />~ <br />, <br />I. <br /> <br />\~~ <br />t;\\O~ <br /> <br />20.5%' of Concessions food and beverage, candy and all' <br />other sales; (Gross sA-Ies is defined as gross receip'~s less <br />applicable sales taxes), for the Wave 'Pool and the $6ftbal~ <br />Complex. d. <br /> <br />CONCESSIONS MA~AGE~ENT SERVICES agrees to abide by all <br />concession agr~ements entered into by the City of La Porte <br />and any wholesale product vendors, whereby CMS is required <br />to exclusively purchase from these vendors the products <br />covered by such franchise agreement, and not to offer for <br />sale at LI'rTLE CBDAR BAYOU PARK any similar c01npeting <br />products. In the event that CiJIS is charged less than prices <br />already negotiated with such vendor, CMS will pay th . <br />difference to the City of La Porte. <br /> <br />