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Op S and auditing requirements , the Association shall conduct all accounting and auditing required by law . The Association shall maintain records , in a form acceptable to the County , of all funds received in connection with the County Fair . All such records shall be provided to the County upon request . The Association shall effectuate internal controls and procedures , subject to the County ' s approval , regarding the receipt of all funds . Such internal controls and procedures shall include documentation and verification of all gate receipts and admissions and enumeration of admissions . 8 . Insurance . The Association shall purchase liability insurance coverage in an amount of not less than $ 500 , 000 per individual injury and $ 1 , 000 , 000 per occurrence during the term of the County Fair . On all insurance policies the County shall be named as additional insured on the policy and copies of the policy shall be submitted to the County at least two weeks prior to the start of the County Fair . The insurance company must be licensed to issue insurance policies in the state of Florida , and must be rated at least A + VII per Best ' s Key Rating Guide . The policy must be " occurrence " and not 11claims made , " and the certificate of insurance must provide that the County be given a thirty ( 30 ) day written notice of insurance company ' s intent to cancel or terminate the policy of insurance . In addition the Association must provide proof of insurance from the amusement/midway company in the amount of $ 1 , 000 , 000 per occurrence/$ 2 , 000 , 000 aggregate , adding County as an additional insured and subject to all above insurance requirements necessary for the Association . 9 . Release/ Indemnification . The Association hereby releases and agrees to defend , hold harmless and indemnify the County , and the County ' s commissioners , employees and agents ( collectively for the purposes of this paragraph " County " ) from and against any and all claims for damages , costs , third party liabilities , judgments and expenses ( including reasonable attorneys fees ) , for personal injury , wrongful death or property damage , arising out of or relating to the County Fair ( collectively " Claims " ) , except that the Association ' s obligation to defend , hold harmless and indemnify the County shall not apply to Claims which are judicially determined to have been caused by County ' s negligence or intentional misconduct . 10 . Expenses / Payment of Fee to County . Association shall be responsible for the payment and approval of all expenses arising from and related to the promotion and operation of the County Fair , and shall defend , hold harmless and indemnify the County from and against any such expenses , including reasonable attorneys fees . The County shall have no liability for such expenses . Association shall pay to County on or before September 30 of each year during the term of this Agreement that the Association operates the County Fair one -third of the net profits from the County Fair as a fee for the use of the Fairgrounds , to be held by the County in a separate account , which the County shall use for future Fairgrounds improvements . 11 . Trash /Traffic Control Devices and Lighting . The County will provide trash containers and garbage collection . The Association will pay for water service and sewage pickup for the County Fair . The County may provide up to thirty ( 30 ) traffic barricades , up to thirty ( 30 ) traffic cones with four (4 ) lighting trees for the Association ' s C:(Documents and 5ettings0poladmichlLocal SettingslTemporary lnlemet FileslContenL Outtookl5ERVKF3FFair Association Agreementdoc Page 3 of 5