Orange County NC Website
Browse       Search
5 <br /> "Contract Administrator" -the designated administrative official of County appointed <br /> by County to act on matters pertaining to this Agreement. <br /> "Facility" - as defined in the first paragraph of the Background section of this <br /> Agreement. <br /> "Facility Policy Manual" -the policy manual provided by PFPC to the County <br /> containing certain operating and employment policies customarily utilized by PFPC in <br /> connection with the management of a publicly owned facility. <br /> "Fiscal Year" - a one year period beginning January 1 and ending December 31. <br /> "Laws" - all federal, state, local and municipal regulations, ordinances, statutes, rules, <br /> laws and constitutional provisions. <br /> "Losses"—any and all losses, liabilities, claims, damages and expenses (including <br /> reasonable attorneys fees and costs). <br /> "Management Term" - as defined in Section 3.1 hereof. <br /> "Operating Expenses" - any and all expenses and expenditures incurred by PFPC in <br /> providing food processing, food storage, and operational support to startup food processing <br /> businesses and maintaining the facility, including,but not limited to: employee compensation <br /> and related expenses, employee benefits, parking and other fringe benefits, supplies, material <br /> and parts costs, costs of any interns and independent contractors, advertising, marketing and <br /> public relations costs and commissions,janitorial and cleaning expenses, information technology <br /> costs, dues, subscriptions and membership costs related to operating the Facility, the costs of <br /> procuring, administering and maintaining the insurance referred to in Section 7 below (including, <br /> without limitation, the amount of any premium or deductible under any such policy), amounts <br /> expended to procure and maintain permits and licenses, charges, taxes, excises,penalties and <br /> fees, professional fees,printing and stationery costs. Operating Expenses shall not include <br /> expenses or expenditures in connection with Capital Improvements and Capital Equipment <br /> purchases. <br /> "Operating Revenues" - any and all revenues of any kind or nature derived from <br /> operating and managing the Facility, including, but not limited to: license, lease and rentals, <br /> facility user fees, and food service and concession revenues. <br /> "Renewal Term" - the additional period for which this Agreement may be renewed at <br /> the option of the County in accordance with Section 3.1 hereof beyond the Management Term. <br /> "PFPC" - as defined in the first paragraph of this Agreement. <br /> 3 <br />