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workmanlike and professional manner. The Services shall be performed by Contractor to the <br />full satisfaction of the City. Contractor agrees to immediately inform the City via telephone <br />and in writing of any problems that could cause damage to property and persons to the <br />concession stand area located at Pelican Park. <br />3. PAYMENTS TO THE CITY. In consideration for the terms of this Agreement, the <br />Contractor shall pay the City a flat rate of Three Hundred Dollars ($300.00) per month for <br />the first year of this Agreement. Contractor's payments to the City shall be renegotiated by <br />the City Manager or his designee upon notice by the City of its option to renew, as provided <br />in Section 4 below. <br />4. TERM. This Agreement shall be for an initial one (1) year term commencing upon <br />the signing of this agreement by both parties and ending one (1) year thereafter, unless <br />terminated sooner pursuant to paragraph 11 of this Agreement. This term may be extended <br />for three (3) additional one (1) year terms at the sole option of the City. Any change in fee, <br />terms or conditions shall be accomplished by written amendment to this Agreement and <br />approval by the City. <br />5. NO SUBLEASE. Contractor shall not sublease or otherwise convey any interest <br />of any sort granted by this agreement to any person or persons whatsoever without prior <br />written consent and approval by the City. <br />6. RECORDS AND ACCOUNTS. Contractor shall keep true and accurate books <br />and records showing all of its business transactions in separate records of account for the <br />concession operation, in a manner acceptable to the City. The City shall have the right, <br />through its representatives, and at all reasonable times, to inspect such books and records, <br />including State of Florida sales tax records. The City may require Contractor, at his expense, <br />to have his records and accounts audited by an auditor acceptable to the City and shall <br />present said audit to the City Manager or his designee within thirty (30) days after the <br />completion of the audit. If Contractor fails to provide the required audit, the City shall <br />contract to have an audit performed at the Contractor's expense. <br />7. SIGNS. All signs, names or placards shall be approved by the City Manager or his <br />designee prior to installation. All signs must meet all requirements and specifications as set <br />forth by the City. <br />8. OBLIGATIONS OF CONTRACTOR <br />8.01 MINIMUM AMOUNT OF SERVICE BY CONTRACTOR: Contractor <br />agrees to devote the hours necessary to perform the services set forth in this <br />Agreement in an efficient and effective manner. Contractor may represent, <br />perform services for and be employed by additional individuals or entities, at <br />Contractor's sole discretion, as long as the performance of these extra - <br />contractual services does not interfere with or presents a conflict with City's <br />business. <br />8.02 HOURS OF OPERATION: Contractor agrees to perform the services as set <br />forth in this Agreement within the hours of operation established by the City <br />C1011 -036 Snack Time LLC Sampson Oceanfront Park Agreement Page 2 of 11 <br />