Agmt26 ACE Parking, Inc. - Laserfiche WebLink

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REV: 2-24-26 LR Optional Task: Parking Access and Revenue Control System (PARCS) Equipment The City is planning to implement and activate PARCs equipment. If the City activates PARCS system, the City may request Consultant to provide a proposed scope of services and associated budget. Authorization for this additional work would require an executed amendment for scope and budget to be approved by the City Manager and Consultant. Deposits of Cash Receipts Any and all monies charged or collected by Consultant for parking fees, except refundable deposits collected by Consultant, shall be deposited by Consultant directly into a bank account (hereinafter “Account”) controlled by Consultant. Deposits will be made into the Account by Consultant the next business day following each day's activities, before 3:00 P.M., except for Saturdays, Sundays, and City Holidays, for which deposit shall be made before 3:00 P.M. on the next business day. All bank deposit slips shall be made out in at least two copies and retained at the facility office for a period of two years. At the City Engineer or their designee's request, one copy of any bank deposit slip shall be forwarded for same day delivery by email to the attention of the City Engineer or their designee. Failure to prepare the required bank deposit and place said deposit into the Account , or providing deposit slips to the City as requested on a daily basis shall constitute a material breach, for which the City shall be entitled, after written notice to Consultant with three (3) business days to cure, to immediately terminate all of Consultant's rights hereunder. Garage Permit Parking The City shall administer all aspects of the City’s Garage Permit Parking system. Consultant shall cooperate with City with respect to City's Garage Permit Parking system. This will include updating permit credential when the City Hall system terminal is down, and providing reporting requested by the City Engineer or their designee. Consultant shall assist permit parking customers with accessing the Garages and any issues they may have with their permits. Short-Term Parking Short-term parking is all parking, other than on a permit basis. Consultant shall work with the City Engineer or their designee to comply with the Short-Term parking process established for operating the Garages. Consultant shall comply with the below for short- term parking services: Provide customer service as needed for all customers using the Pay on Foot System (hereinafter “POF”) to be used in the operation of the Garages. Consultant shall remind, educate and assist customers with the processes to pay and leave the Garages. When a customer arrives to the Garages, the Consultant shall assist them as needed in the use of the POF prior to the customer's removal of their vehicle. Any and all monies charged or collected by Consultant for short-term parking shall be deposited by Consultant into the Account in the manner established pursuant ATTY/AGR.2026.049/ACE Parking Inc. (Agreement Between the City of Redwood City and ACE) (Page 16 of 23)