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of the reviews are not submitted. All books and records of the Associations and of any <br />person or entity that operates or administers the County Fair shall be public records and <br />shall be provided to the County upon the County's request. In addition to the above - <br />stated accounting and auditing requirements, the Associations shall conduct all <br />accounting and auditing required by law. The Associations shall maintain records, in a <br />form acceptable to the County, of all funds received and expended in connection with <br />the County Fair. All such records shall be provided to the County upon request. The <br />Associations shall effectuate internal controls and procedures, subject to the County's <br />approval, regarding the receipt and expenditure of all funds. Such internal controls and <br />procedures shall include documentation and verification of all gate receipts and invoices <br />and admissions and enumeration of admissions. <br />8. Insurance. The Associations shall purchase liability insurance coverage <br />in an amount of not less than $1,000,000 per individual injury and $5,000,000 per <br />occurrence during the term of the County Fair. On all insurance policies the County <br />shall be named as additional insured on the policy and copies of the policy or a <br />certificate of insurance shall be submitted to the County at least two weeks prior to the <br />start of the County Fair. The insurance company must be licensed to issue insurance <br />policies in the state of Florida, and must be rated at least A -VII per Best's Key Rating <br />Guide. The policy must be "occurrence" and not "claims made," and the certificate of <br />insurance must provide that the County be given a thirty (30) day written notice of <br />insurance company's intent to cancel or terminate the policy of insurance. In addition, <br />the Associations must provide proof of insurance from the amusement/midway <br />company in the amount of $1,000,000 per occurrence/$5,000,000 aggregate, adding <br />County as an additional insured and subject to all above insurance requirements <br />necessary for the Associations. <br />9. Release/Indemnification. The Associations hereby release and agree to <br />defend, hold harmless and indemnify the County, and the County's commissioners, <br />officers, employees, and agents (collectively, for the purposes of this paragraph, <br />"County"), from and against any and all claims for damages, costs, third party liabilities, <br />judgments, and expenses (including reasonable attorneys' fees) for personal injury, <br />wrongful death or property damage, arising out of or relating to the County Fair <br />(collectively "Claims"), except that the Associations' obligation to defend, hold harmless <br />and indemnify the County shall not apply to Claims which are judicially determined to <br />have been caused by County's negligence or intentional misconduct. <br />10. Expenses/Payment of Fee to County. Associations shall be responsible <br />for the payment and approval of all expenses arising from and related to the promotion <br />and operation of the County Fair, and shall defend, hold harmless and indemnify the <br />County from and against any such expenses, including reasonable attorneys' fees. The <br />County shall have no liability for such expenses. Associations shall pay to County on or <br />before September 30 of each year during the term of this Agreement that the <br />Associations operate the County Fair, ten percent of the gross revenue from the County <br />Fair as a fee for the use of the Fairgrounds, to be held by the County in a separate <br />account, which the County shall use for future Fairgrounds improvements. The Indian <br />C:IUsarsIGRANIC-1NppDataIL"TompIBCL Tschndo&sbasyPDF 71@BCL@10058453WCLO_10058453.doc Page 3 of 5 <br />P67 <br />