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2004_0621_Packet
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2004_0621_Packet
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3. As soon as reasonable possible following the identification of such thirdparty <br />(not later than the next business day), a meeting involving the representatives of <br />both BIG 10 and the City and the third pariy, shall be held at the time and place <br />designated by such parties, at such meeting the identified disagreement, dispute or <br />claim, shall be considered and decided by a simple majority vote. <br />In the event that (i) the parties are unable to agree upon a selected third party to <br />participate in the resolution process or (ii) either party refuses to accept the decision <br />referenced as above captioned, the sole remedy hereunder shall be termination of this <br />Agreementpursuant to the termination selection. <br />SECTION XVII <br />TERM <br />The term of this Agreement shall be for one year commencing July 1,2004 and shall be <br />renewed annually for a one-year period. If the City does not act and give notice thirty <br />(30) days prior to the renewal date, the contract shall be automatically extended for <br />another year commencing July 1,2005 and from year to year thereafter, under its existing <br />terms, unless and until the City gives notice of a non-extension. The above-captioned <br />terms shall be valid unless this Agreement has been terminated by either party pursuant to <br />Section XVIII. <br />If after the terms of this Agreement expires, RSC desires to solicit new bids to operate <br />concessions, BIG 10 shall have the right of first refusal to match any competitivebid. <br />
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