Res 1989-057 - Laserfiche WebLink

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¿Yt~ \ ~~~ \ \\ AI) 56 VENDOR LICENSE AGREEMENT This Agreement is entered into between the City of San Marcos, a municipal corporation operating under a homerule charter pursuant to the laws of the State of Texas, hereinafter referred to as "City", and TRIRO, INC.whose business address is P.O. Drawer BB, College Station, Texas 77840, hereinafter referred to as "Vendor". 1. PURPOSE. The purposes of this Agreement is for the City to secure the services of Vendor to provide certain services and products to those members of the general public who use the area around and including City Park during the time when the Houston Oilers are conducting their pre-season training camp in San Marcos, July 27, 1989 through August 21, 1989. 2. USE OF CITY PROPERTY. City grants Vendor a license to use designated areas of City property, including a portion of that property known as "City Park" for the sale of the following products and/or services: T-shirts. pennants. caps. jackets. bumper stickers, buttons. visors, pencils, pens, autographed Oiler footballs, cups, koozies and other souvenir items. The license to use City property which is provided for in this Agreement will be determined,on a day-to-day basis by the City and does not include the lease of any City facility or space in City Park or on any City-owned property. 3. PAYMENTS TO CITY. Vendor agrees to pay City the following percentages of its gross revenues less sales tax received from activities described in this Agreement. Such monies owed to City under this Agreement shall be paid in two payments. The first payment shall be paid on August 9, 1989 covering all monies received since July 27, 1989. The second payment shall be paid on August 28, 1989. Both payments shall be paid at City Hall to the City's Finance Department before, 5:00 p.m. covering all monies received during from the activities provided for in this Agreement: Compensation Gross Sales less sales tax City Percent $0 - 10,000 7.5% $10,001. - 15,000 lO.O% $15,001. - 20,000 12.5% $20,001. - and up 15.0% 4. RECORDS. Vendor shall maintain financial records which satisfy normally accepted accounting practices showing the total mon~es collected each day and the total costs of goods and services sold by Vendor. These reports shall be maintained on a daily basis and true and correct copies of said reports covering the previous weeks I activities must be provided to City by. 12: 00 noon each Monday beginning July 7, 1989 and including August 28, 1989. The City may audit Vendor's financial records at any time. The City will audit Vendor I s financial records at the end of the first two-week period of this Agreement and at the end of the Agreement period prior to payment to City. 5. SALES TAX. Vendor must secure a sales tax permit to sell goods in San Marcos prior to the inceptiòn of this contract. Proof of such sales tax permit shall be supplied to the City before July 26, 1989. 6. INSURANCE. Vendor shall carry, at its own expense, with a reliable insurance company satisfactory to City, insurance, including but not limited to worker's compensation insurance, liability insurance, property damage insurance, automobile -l-