Agmt26 ACE Parking, Inc. - Laserfiche WebLink

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REV: 2-24-26 LR to the section on Deposits of Cash Receipts in this Exhibit A. Consultant shall file daily reports on said deposits with the City Engineer or their designee in such form and manner and at such times as may be specified by the City Engineer or their designee. Consultant shall file with the City Engineer or their designee monthly reports by the 15th of the following month, in such form and manner and at such times as may be specified by the City Engineer or their designee, setting forth the total amount of monies collected by Consultant at the Garages for tickets issued; an itemization detailing the amounts collected under each applicable rate; and such other information as the City Engineer or their designee may specify. Discrepancies in Fees Collected Consultant shall report discrepancies in fees collected to the City Engineer or their designee monthly, or sooner if requested by the City Engineer or their designee. This reporting shall be provided electronically and include all reconciled transactions, both cash and credit, and accounting of all collections over the month. All discrepancies are the responsibility of the Consultant and shall be paid to City as follows: If Consultant can justify the discrepancy in writing to the satisfaction of the City Engineer or their designee, the amount undercharged or not collected is not owed by Consultant. If Consultant cannot justify the discrepancy in writing to the satisfaction of the City Engineer or their designee 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 owed to Consultant in the next month. All amounts overcharged by Consultant and all cash overages (amounts received by Consultant in excess of amounts reported) shall be paid to City. Overcharges or overages may be used to offset Consultant liability for any amounts undercharged or shortages. Consultant shall maintain a record (name and license plate) when customers are unable or unwilling to pay parking fees. This record shall be reported to the City if requested by the City Engineer or their designee. Consultant shall maintain a record if payment is received by any of these customers at a future time. Vehicle Inventory On a daily basis if requested, during a time period to be determined by the City Engineer or their designee, Consultant shall make a list of all vehicles parked in the Garages by license number and shall obtain such other information concerning said vehicles as directed by the City Engineer or their designee. Consultant shall send this information electronically on a frequency as requested. ATTY/AGR.2026.049/ACE Parking Inc. (Agreement Between the City of Redwood City and ACE) (Page 17 of 23)