Agmt21 Ace Parking, Inc. - Laserfiche WebLink

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Discrepancies in Fees Collected for Tickets 1. All discrepancies in fees collected for tickets shall be reported monthly to the Parking Manager. With the exception noted in Subsection 1 below, all discrepancies are the responsibility of the Contractor and shall be paid to City as follows: 2. If Contractor can justify the discrepancy in writing to the satisfaction of the Parking Manager, the amount undercharged or not collected is not owed by Contractor. 3. If Contractor cannot justify the discrepancy in writing to the satisfaction of the Parking Manager and total discrepancies for the month exceed $150.00 per facility, the amount undercharged or not collected shall be deducted from the reimbursable Operating Expenses (as defined below) owed to Contractor in the next month. 4. All amounts overcharged by Contractor and all cash overages (amounts received by Contractor in excess of amounts reported) shall be paid to City. Overcharges or overages may be used to offset Contractor liability for any amounts undercharged or shortages. 5. Contractor shall maintain a record in accordance with City policy when parkers are unable or unwilling to pay parking fees. This record shall be reported to the City monthly or sooner if requested by the Parking Manager. Contractor shall maintain a record if payment is received by any of these parkers at a future time. J. Vehicle Inventory On a daily basis if requested, during a time period to be determined by the Parking Manager, Contractor shall make a list of all vehicles parked in the Parking Facilities by license number and shall obtain such other information concerning said vehicles as directed by the Parking Manager. K. Parking Validations 1. Contractor shall be responsible for the collection and accounting of all parking validations, in a manner prescribed by the Parking Manager and in accordance with City revenue control and reporting procedures. 2. In respect to Contractor's responsibility to collect and account for parking validations, Contractor shall incorporate the goal of assuring that the utilization of parking validations in the Garage shall be for the purpose of validating customer parking only. Contractor will cooperate with City employees enforcing policies relating to the use of parking validations. 3. Contractor shall make every reasonable effort to monitor the fraudulent utilization of validations and to identify all people who attempt to fraudulently evade parking fees that are due and payable to the City. REV: 12-10-2020 RL ATTY/AGR.2020.291IACE Parking (Page 8 of 31) 3