1. This concession will be operated pursuant to a concession agreement issued by District. In the event that this agreement is terminated for reasons other than concessionaire’s breach of the agreement, District will not consider proposals for reimbursement of the concessionaire’s unamortized capital improvement costs as of the date of termination. 2. Hours of Operation - The concession shall be operated, at the minimum, from 11:00 a.m. to 6:00 p.m. weekends in May and daily beginning in June through the end of August. Concession may be operated weekends in April and September at the concessionaire’s option. Concessionaire may close the premises on account of adverse weather or other adverse operating conditions. 3. The concessionaire will be required to carry at least $2,000,000.00 in general liability insurance coverage and property damage liability insurance coverage, and replacement value in fire and casualty coverage with the District named as Additional Insured. 4. Concessionaire must collect and account for all revenues in a separate bank account, follow Generally Accepted Accounting Principles and maintain proper financial records of the business that meet District standards and would be subject to audit at District’s discretion. 5. Preparation of monthly and annual fiscal sales reports in a format approved by District, submitting by the due date. 6. Payment and accounting of all expenses in a timely manner. 7. Formulation and implementation of operation programs, business plans, and budgets. 8. Formulation and implementation of a waste reduction and sustainability plan. 9. Handling of all personnel matters including employment, training, and terminations. 10. Responsible for obtaining any and all necessary approvals, permits and licenses for lawful operation of this concession.
