Orange County NC Website
Docusign Envelope ID : CO3CBB42 -6385 -4265-A237- IBAD6C002EB8 <br /> above recorded , accurately describes County- owned Capital Equipment , and may be <br /> supplemented as Capital Equipment is added or removed from the Facility . Such <br /> supplementation of Exhibit A shall occur through separate written acknowledgements of <br /> the parties . <br /> " Capital Improvements " - all building additions , alterations , renovations , repairs or <br /> improvements that have an initial dollar cost of not less than $ 2 , 500 per project . <br /> " County" - as defined in the first paragraph of this Agreement . <br /> " Contract Administrator" - the designated administrative official of County appointed by <br /> County to act on matters pertaining to this Agreement . The Director of Orange County <br /> Cooperative Extension is designated Contract Administrator . <br /> " Facility" or " Facilities " - as defined in the first paragraph of the Background section of this <br /> Agreement . Includes all structures and surrounding premises . <br /> " Facility Policy Manual " - the policy manual provided by PFPC to the County containing <br /> certain operating and employment policies customarily utilized by PFPC in connection <br /> 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 /> " 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 <br /> processing businesses and maintaining the Facility , including , but not limited to : <br /> employee compensation and related expenses , employee benefits , parking and other <br /> fringe benefits , supplies , material and parts costs , costs of any interns and independent <br /> contractors , advertising , marketing and public relations costs and commissions , janitorial <br /> and cleaning expenses , information technology costs , dues , subscriptions and <br /> membership costs related to operating the Facility , the costs of procuring , administering <br /> and maintaining the insurance referred to in Section 7 below ( including , without limitation , <br /> the amount of any premium or deductible under any such policy) , amounts expended to <br /> procure and maintain permits and licenses , charges , taxes , excises , penalties and fees , <br /> professional fees , printing and stationery costs . Operating Expenses shall not include <br /> expenses or expenditures in connection with Capital Improvements and Capital <br /> Equipment purchases . <br /> " Operating Revenues " - any and all revenues of any kind or nature derived from operating <br /> and managing the Facility , including , but not limited to : license , lease and rentals , Facility <br /> user fees , and food service and concession revenues . <br /> 2 <br />