2012-097B - Laserfiche WebLink

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ninety (90) days prior to the commencement of a Renewal Term . The County may grant a Renewal Term in its sole discretion . 2 . Payments . Concessionaire shall pay to the County, twenty-five percent (25 %) of the cumulative gross receipts for the Term of this Agreement in monthly installments (the " License Fee ") . The License Fee shall be due at the close of business by the 10th each applicable month (the "Due Date") . For the purpose of computing the License Fee, cumulative gross receipts shall exclude local , state and federal sales tax . License Fee payments will be made by business check and will be mailed or given directly to the NCAC , Attention : David Smith , Facility Manager, 9450 CR 512 , Sebastian, Florida 32958 , on the Due Date . An accurate accounting of the gross receipts from each day shall be recorded in substantially the same form as shown in Exhibit "A" and such form shall accompany the License Fee . 3 . Accounting Procedure . Concessionaire shall maintain complete and accurate financial and performance records in accordance with good and accepted accounting procedures , which records shall be available for inspection upon request by the County or any duly authorized representative thereof. Concessionaire hereby agrees to maintain financial records and to adopt accounting procedures requested by the County . Concessionaire shall cooperate with and provide to the County or its duly authorized representative any additional information or reports concerning its activities, income , revenues , expenses , and disbursements when so requested . All transactions , activities and records of the Concessionaire shall be subject to audit at any time by the auditors of the County with the cost to be paid by the Concessionaire should such an audit reveal that the Concessionaire is in violation of this Agreement . Such books and records shall be maintained by the Concessionaire for a period of three (3 ) years from the date of termination of this Agreement unless a shorter period is otherwise authorized in writing . 2