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<br /> It e <br /> II. <br /> The Concessionaire and his employees shall operate the fishing pier concession <br /> in 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 /> III. <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. The <br /> 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 reports <br /> which City may require covering all receipts and income of the concession, and agrees <br /> that her books and other records may be examined by the City or City Auditor or any <br /> other officer of the City at any reasonable time. The Concessionaire agrees to keep and <br /> maintain said records and books in La Porte. The Concessionaire may, on a daily basis, <br /> report and deposit with the City all admission revenues generated by the pier operation. <br /> The City shall remit to the Concessionaire the amount due to the Concessionaire pursuant <br /> to this agreement on a monthly basis. <br /> IV. <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 /> V. <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 /> (a) The Concessionaire will abide by all applicable federal, state, and <br /> municipal laws, ordinances,. rules and regulations. Concessionaire <br /> must obtain, at her own expense, all licenses and permits required <br /> for the operation of said fishing pier and make the same accessible <br /> at all times to city, county, state, and federal officers. <br /> Concessionaire agrees to pay all federal and state permit and lease <br /> C:\ WP50\ClP\P1ER_6.AGR Concession Agreement, page 2 of 9 <br />