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AGREEMENT/IMPROVEMENTS SEMINOLE STREET LAUNCHING RAMPS .., , l ..... ;- ~ ...., AGREEMENT . The CITY OF CLEARWATER, a Florida Municipality, hereinafter called "City", and CLEARWATER BAY MARINE WAYS, INC., hereinafter called "Clearwater Bay Marine", whose address is 900 Osceola Avenue North, state the following: 1. The City plans to improve that certain area known as the Seminole Street Launching Ramps and, in order to defray the costs of the improvements and provide funds for future maintenance, will charge a launch fee as described herein. Completion of the improvements is anticipated during calendar year 1986. 2. Clearwater Bay Marine owns certain property adjacent to the Seminole Street Launching Ramps, whereon it operates a facility known as the "Little Boat House," which offers bait and tackle and other services and supplies to boaters. The principal public access to the "Little Boat House" facility is from the Seminole Street Launching Ramps and Clearwater Bay Marine desires that the public access be continued. 3. The City is interested in having Clearwater Bay Marine collect the launch fees and Clearwater Bay Marine is agreeable to collecting said fees on behalf of the City. 4. The City desires that a concession facility operating bait and tackle, boat supplies and services, public restrooms and similar items and services be operated on or adjacent to the said Seminole Street Launching Ramps for the convenience of the public. NOW, THEREFORE, in consideration of the mutual benefits to be achieved, the parties agree as follows: A. The effective date of this agreement shall be the date upon which the City authorizes commencement of the collection of launch fees at the Seminole Street Launching Ramps. The term of the agreement shall be for a period of one (1) year commencing on the effective date of the agreement. B. The launch fee shall be that amount established by the City as a charge for the launching of watercraft, the parking of vehicles and trailers, or both, at the launch ramp facility. The launch fee may be amended by the City at the City's option during the term of the agreement. C. Clearwater Bay Marine shall collect launching fees in the manner specified by the City and shall account for collected fees utilizing forms provided by the City. Seventy-five percent (75%) of all collected fees shall be remitted to the City on a weekly basis, and twenty-five percent (25%) of the collected fees may be retained by Clearwater Bay Marine as a collection fee. All collection records shall be sub; ect to insneC't.ion hv thp r.i tv til1ri ncr I ~ J ,. L << ~ .. ~ E. clearwatLI Bay Marine shall maintain and J?erate the concession (" and restroom facilities in a neat, clean and orderly condition during the term of this agreement and to charge no fee for use of the restrooms. The City agrees not to operate or permit to be operated similar or competitive concession facilities on the Seminole Street Launching Ramp property during the term of this agreement. F. This agreement may be terminated by either party upon sixty (60) days written notice. IN WITNESS WHEREOF, the parties hereto have set their hands and seals this ;2l~ day of ~, 1986. By: './' Attest: "':.:~ni: ." .;.~ ,,- 4pproved as to form and correctness: ./ ' . ----- - City - ...;." .' .// 1 .'~ ~liu CLEARWATER BAY MARINE WAYS, INC. By: 'iT ~ d. C Title ~~ C?~. r Witnesses: Attest: ~l,w~)\jp- Ti tIe . "sf) .