Downtown Everett Association 6/16/2020

m.Develop and recommend a capital improvement plan annually and provide it to the City's Representative by July 1,of each year. n. Pay for and obtain all licenses and permits necessary for the operation of the Garage. o. Initiate work orders with the City's Representative to correct maintenance needs and undertake repairs. p. Submit in writing any maintenance requests to the City's Representative. q. Maintenance and repair of the PARCS system, if implemented,will be the sole responsibility of the City. r. Direct any special request for other use,or promotional coordination with downtown merchant groups to the City's Representative, who will in turn coordinate the requests within the City. s. Allow the City to audit the Supplier's operation of the Garage upon request of the City. t. No vending other than necessary for the parking operation will be allowed in the Garage unless approved by the City's Representative. u. It is the intent and it is agreed,that the Supplier is not granted a leasehold interest to exclusively occupy the Garage. The Supplier is providing management services as described and therefore should not be subject to any Leasehold Excise Tax,RCW Chapter 82.29A. However,if it is otherwise determined and the Supplier is responsible for said tax,then the Supplier is solely responsible for and must pay the tax. 2. LOCATION The parking garage is located at: 2815 Hoyt Avenue Everett, WA 98201 3. CURRENT HOURS OF EVERPARK GARAGE FOR FEE PARKING* The supplier must provide twenty(20)hours of staffing per day at the Garage,pre- automation. Staffing level post-automation will be 16 hours per day. Pre-automation staffing levels will be based on the following Garage hours: • Weekdays- from 7:00 a.m.to 6:00 p.m. *Parking is currently available for free after 6:00 p.m. weekdays and all day on Saturday and Sunday. The supplier is not expected to provide staffing during this time. 4. ANNUAL REPORTING An annual operating budget for the Garage must be prepared and submitted to the City for approval. The proposed budget is due by June 30 of each calendar year for the next calendar year. The budget must include detailed operating revenue and expense projections. Implementation of the proposed budget,or as modified by the City, requires written authorization from the City's Representative. The Supplier is limited to the total expense authority in the budget as approved by the City's Representative. Page 12 PARKING MANAGEMENT SERVICES AGREEMENT