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HomeMy WebLinkAbout2014 12-08 EDAPEDA MEETING City of Brooklyn Center December 8, 2014 AGENDA Call to Order —The EDA requests that attendees turn off cell phones and pagers during the meeting. A copy of the full City Council packet, including EDA (Economic Development Authority), is available to the public. The packet ring binder is located at the front of the Council Chambers by the Secretary. 2.Roll Call 3.Approval of Agenda and Consent Agenda —The following items are considered to be routine by the Economic Development Authority (EDA) and will be enacted by one motion. There will be no separate discussion of these items unless a Commissioner so requests, in which event the item will be removed from the consent agenda and considered at the end of Commission Consideration Items. a. Approval of Minutes 1. None. 4.Commission Consideration Items a. Resolution Authorizing the City of Brooklyn Center Economic Development Authority (EDA) to Enter Into An Agreement with Flik International Corp for Food Service Management at the Earle Brown Heritage Center Requested Council Action: —Motion to adopt resolution. 5.Adjournment EDA Agenda iterliril N0 42 iMJ71 NMYA UY4IMhA 0]ILI II iS1h'AU DATE: November 7, 2014 TO: Curt Boganey, City Manager FROM: Jim Glasoe, Director of Community Activities, Recreation and Services SUBJECT: RESOLUTION AUTHORIZING THE CITY OF BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY (EDA) TO ENTER INTO AN AGREEMENT WITH FLIK INTERNATIONAL CORP FOR FOOD SERVICE MANAGEMENT AT THE EARLE BROWN HERITAGE CENTER Recommendation: It is recommended that the Economic Development Authority consider approval/adoption of a resolution authorizing an agreement with Flik International Corp. to provide food services at the Earle Brown heritage Center. Staff is supportive of this agreement as it provides for a continuation of the positive working relationship between Flik International Corp and the Earle Brown Heritage Center. This relationship has been forged on the premise of high quality food and service. Background: On January 11, 1999, after an extensive Request for Proposal process, the EDA entered into an agreement with Flik International Corp to provide food service management at the Earle Brown Heritage Center. The initial term of this agreement was five (5) years. On February 20, 2003, the contract was amended and extended for one year. On January 1, 2005, the EDA entered into a revised agreement with Flik International Corp to provide food service management at the Earle Brown Heritage Center for a two year term. By EDA action, this agreement was extended on February 1, 2007. On January 1, 2010, the EDA entered into a revised agreement with Flik International Corp to provide food service management at the Earle Brown Heritage Center for a five year term. As this working relationship remains very positive, Flik International Corp and the Earle Brown Heritage Center management desire to amend this agreement and extend it for a period of five years beginning January 1, 2015. Staff has worked with the City Attorney's office and Flik International Corp to develop an agreement for food service management that is acceptable to both parties. The basic parameters of the amendment are as follows: Agreement commences January 1, 2015. Agreement Term to be five (5) years. Mission: Ensuring an attractive, dee,,, safe, inclusive community that enhances the quality of life for ailpeople and preserves the public trust UI V N M'A L'A I 3k'A[I) 1iI iIJYA I • Base management fee for 2015 will be $120,600, and will increase $3,000 per year for the duration of the agreement. • Effective January 1, 2015, Flik International Corp shall make a $125,000 investment for improvements to the owner's premises. • All remaining terms and provisions of the amended agreement shall remain in full force. Budget Issues:This amendment provides for food service management fees that are consistent with current revenue and expenditure streams. It also provides for standardized annual increases that begin at 2.5% annually, and subsequent percentage increases that decrease over the course of the agreement. The amendment also provides for a $125,000 investment in the Earle Brown Heritage Center premises by Flik International Corp. Strategic Priorities: Community Image Mission: Ensuring an attractive, clean, safe, inclusive community that enhancesces the qualify of life for allpeople and preserves the public trust Commissioner introduced the following resolution and moved its adoption: EDA RESOLUTION NO. RESOLUTION AUTHORIZING THE CITY OF BROOKLYN CENTER ECONOMIC DEVELOPMENT AUTHORITY (EDA) TO ENTER INTO AN AGREEMENT WITH FLIK INTERNATIONAL CORP FOR FOOD SERVICE MANAGEMENT AT THE EARLE BROWN HERITAGE CENTER WHEREAS, the current contract for Food Service Management with Flik International Corp will expire on December 31, 2014; and WHEREAS, the EDA has been well served by Flik International Corp in the past and it would be in the best interest of the EDA to enter into a new agreement for a period of five years; and WHEREAS, Flik International Corp and the EDA have reached agreement regarding the terms and conditions for the continued food service management at the Earle Brown Heritage Center as set forth in the attached agreement. NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority in and for the City of Brooklyn Center that the Executive Director of the Economic Development Authority be and hereby is authorized to execute the agreement with Flik International Corp for food service management at the Earle Brown Heritage Center as set forth in the agreement, with such language changes as may be necessary to clarify any terms, provided such changes do not substantially change the substance of the terms set forth in the attached agreement. November 24,_2014 Date President The motion for the adoption of the foregoing resolution was duly seconded by Commissioner and upon vote being taken thereon, the following voted in favor thereof: and the following voted against the same: whereupon said resolution was declared duly passed and adopted. MEEMENT FOR FOOD SERVICE MANAGEMENT AGREEMENT dated ________, by and between the Economic Development Authority in and for the City of Brooklyn Center, a political subdivision of the State of Minnesota with its principal office located at 6301 Shingle Creek Parkway, Brooklyn Center, Minnesota 55430 ("Owner") and Flik International Corp, a New York corporation, with its principal office located at 3 International Drive, Rye Brook NY 10573 ("Manager"). WITNESSETH WHEREAS, Owner is the owner of a convention center and exhibit hail called the Earle Brown Heritage Center ("the Buildings") in Brooklyn Center, Minnesota; and WHEREAS, Owner's Buildings are equipped with full kitchens and banquet space for catered affairs and other special events, collectively the "Catering Facility"; and WHEREAS, Owner desires to secure the services of Manager in providing management services for Owner's Catering Facilities as desired by Owner; and WHEREAS, Manager is experienced in the management and operation of commercial food and beverage opeiations and is in the business of providing management and consultant services to such enterprises. NOW, THEREFORE, the parties hereby agree as follows: 1.ENAGAGEMENT OF MANAGER: Subject to the terms of this Agreement, Owner hereby engages Manager and grants Manager the exclusive right to supervise and direct the management and operation of Owner's Catering Facility described in Exhibit A attached hereto. Manager agrees to operate the Catering Facility in a manner consistent with first-class catering facilities in the Twin Cities as determined by Owner. Manager further agrees to consult with Owner to keep Owner advised of all policy matters relating to the Catering Facility. Subject to the foregoing and to the provisions of this Agreement, Manager shall have the control and discretion with regard to the operation and management of the Catering Facility for customary purposes and the right to determine all operating policies affecting the appearance of the Catering Facility, the standards of operation, the quality of service, and all other matters affecting customer opinion of the Catering Facility. Manager agrees to obtain the approval of the Owner with respect to all major programs and policy matters which would have a material and substantial effect upon the reputation and character of the Catering Facility. Owner has engaged Manager herein as an Independent Contractor. 2.FISCAL YEAR AND ACCOUNTING PERIODS: For purposes of this Agreement a Fiscal Year is a calendar year. Each Fiscal Year will be made up of twelve Accounting Periods, each of which is a calendar month. 3. EQUIPMENT: Owner will furnish, at its own expense and for the use of Manager, all furniture, fixtures and other equipment necessary for the performance of the services by Manager including, but not limited to, china, glassware, flatware, trays, utensils and other smallwares, and office furniture and equipment. Owner will annually allocate $12,000 for the purpose of replenishing smaliwares. Manager will continuously evaluate the physical appearance of the Catering Facility premises and the furniture, fixtures and equipment therein, and will recommend to Owner any changes which seem necessary or advisable to Manager. In connection therewith, Manager will recommend correction of any health or safety hazard immediately upon the discovery of such hazard. If for any reason, Manager's inventory of smaliwares is not sufficient for any specific event, the Manager, with prior approval of Owner shall rent smallwares necessary for such event and rental cost shall be included as a Cost of Business under Paragraph 13 hereof. Manager, at Owner's sole expense, will maintain and repair all such equipment and, from time to time, will replace and furnish such additional equipment as may be reasonably necessary for the furnishing of services by Manager. Any expenditure for furniture, fixtures and other equipment for the Catering Facility shall be individually approved by the Owner. Upon termination of this Agreement, Manager agrees to return to Owner all equipment furnished to it at any time in good condition, allowing for ordinary wear and tear, reasonable loss and breakage of smallwares, and damage by fire or the elements. 4.a. OWNER REPRESENTATIVE: Owner agrees to appoint one employee of Owner to whom Manager will be responsible regarding Manager's obligations and under this Agreement. The appointed Owners representative is named in Exhibit C attached hereto. b. MANAGER REPRESENTATIVE: Manager agrees to appoint one of its employees as its immediate representative for the Catering Facility premises. The appointed Manager representative is named in Exhibit C attached hereto. 5.UTILITIES: Owner will procure, at its sole expense, all light, power, heat, air conditioning, hot and cold water, local telephone service, pest exterminating service, HVAC maintenance and garbage and trash disposal service necessary for the Catering Facility premises. 6.CLEANING THE CATERING FACILITY PREMISES: At Owner's sole expense, Manager agrees to supervise the cleaning and maintenance on a regular and consistent basis of the following portions of the Catering Facility premises: the entire kitchen, the dishwashing area, exhaust vents and hoods, plate-up areas and those areas used for clearing after any catered event. 7.HOURS OF OPERATION AND PREMISES: The hours during which the Catering Facility shall be open for business shall be as designated by Manager, subject to the prior written approval of Owner. 8. DUTIES OF MANAGER: For Owner's account and at Owner's sole expense, payable as a Cost of Business in accordance with Section 13(b) hereof, Manager agrees to supervise the performance of all functions reasonably required for the proper operation and management of the Catering Facility including, without limitation, the following: (a) Operate food, dining and beverage services within the Catering Facility premises and sell therein food, beverages and related items; 2 (b)Hire, train and supervise all personnel, it being understood that all personnel shall be employed in the name of Manager, or an affiliate of Manager, and the cost of such personnel shall be reimbursed by Owner to Manager. Manager employs a bi-weekly payroll schedule and, accordingly, shall inform Owner on a bi-weekly basis of Owner's current payroll liability. Manager shall provide and designate one individual to function as the on-site supervisor for all of Manager's employees providing services under this Agreement. Such on- site supervisor shall have the authority to act on behalf of the Manager in all matters relating to daily operational activities of Manager under this Agreement. All hiring, assignment of duties and termination of any employees shall be under direction of the Manager, provided, however, that (1) the hiring, assignment of duties and termination of the Manager's on-site management team shall be subject to the, approval of the Owner, and (2) in the case of all other staff, Owner may direct that any one or more staff members not be assigned to provide services to Owner under this Agreement. Notwithstanding the foregoing, (i) the costs related to the employment of management personnel are not included as a Cost of Business and are not reimbursable under this section (unless previously agreed to by the parties), but are costs to be borne exclusively by the Manager: Management personnel include all owners and employees of Manager which are not listed or described on Exhibit E, and (ii) no salaries of any accounting personnel will constitute a Cost of Business. Manager shall be responsible for all disbursements to employees of wages and gratuities, all withholdings required by law to be taken from income paid to employees, and the proper payment and reporting to governmental taxing authorities. No taxes based on income, or interest or penalties thereon shall be charged to or paid by Owner or be a Cost of Business; (c)Prepare and serve food consistent with the variety, type and quality found in first class Twin Cities catering facilities as determined by Owner; (d)Procure all necessary food and beverages to be sold in the Catering Facility. Food and other products billed to Owner shall be at the same cost as is billed to Manager. Manager represents that it will use all of its corporate purchasing power to secure the most competitive prices for food and supplies purchased for Owner. In the event that Manager is eligible for any additional trade discounts purchased at the unit level, such discounts shall be credited to Owner. If food is purchased through a commissary arrangement under which Manager purchases food in common for use in the Catering Facility and in Manager's other business enterprises; Manager shall provide to Owner detailed information on the quantity, type and cost of food purchased for the commissary; the quantity and type of food used in the Catering Facility; and the amount charged to Owner as a Cost of Business. Only the pro-rata cost of food purchased for the commissary; based on the amount of food used at the Catering Facility, may be recovered from Owner as a Cost of Business; (e)Procure all necessary supplies including, but not limited to, linens, laundry, uniforms, office supplies and miscellaneous items required; (I) Collect for food and beverages at the concession stand and cash bars and hold in the safe in the catering kitchen and deliver to Owner's office on the next business day, and provide a price breakdown of revenue categories for each entity to Owner, which will make payment as appropriate to taxing authorities; (g)Provide necessary accounting services, including the management of the accounts payable functions and all other accounting and reporting functions that are customarily performed by first class, well managed catering facility operations, and the production of operating statements under Paragraph 16. Such accounting services shall be provided at the expense of Manager and shall not be a Cost of Business; (h)Provide necessary administration and supervisory services for the Catering Facility; (i)Secure and maintain in force insurance coverage insuring both Owner and Manager (naming Owner as an additional insured) during the term of this Agreement, subject to the availability of continuation of said coverage upon renewals and subject to Owner's approval of increased policy premium upon renewals. Attached hereto and marked Exhibit D, is a Schedule of Insurance for the Catering Facility which has been independently reviewed by Owner and Manager and hereby approved by both parties. The representative of the Owner shall be entitled to communicate directly with the insurance agent, or agents, at all times hereafter with the prior approval of the Manager regarding any matters pertaining to the insurance policies and coverage itemized in Exhibit D including, but not limited to premium, coverage, deductibles, claims and renewals. Coverage shall be carried with a carrier holding a Certification of Authorization (licensed) to do business in the State of Minnesota. Carriers shall have an A.M. Best's rating of at least B+. Evidence of such insurance shall be in the form of a Certificate of Insurance (I.S.O. Accord Form) to be sent to the Owner's representative. This certificate shall carry a condition that no cancellation or reduction in coverage may be made without thirty days prior written notice sent to the certificate holder; (j)Comply with all applicable federal, state and local laws, regulations and ordinances related to Manager's services and obtain all necessary permits and licenses, taking special care to observe all conditions relating to the on-sale liquor license issued to Owner; (k) Prepare and submit for Owner's approval no later than July 1 of each year, annual operating, advertising and capital expenditures budgets for the following fiscal year; (1) Initiate and execute promotion, publicity and other functions which will attract patrons to the Catering Facility. Al! major promotions or programs shall be subject to the approval of Owner; (m) Comply with applicable requirements of the Uniform Contracting Act, Section 471.345 of Minnesota Statutes in connection with the acquisition of property for the Catering Facility; 4 (n)Assure that catering staff are professionally attired in a uniform to be agreed upon by Owner and Manager. Staff shall be properly groomed and wearing approved shoes and name tags. Such attire shall be mandatory when on the event premises; and (o)In the event refunds or discounts to customers of catering operations are required due to complaints about unsatisfactory service by Manager, such refunds or discounts shall be made by Manager, with the agreement of Owner, from its own funds or, if paid by Owner, promptly reimbursed by Manager. Such payments by Manager shall not be paid or reimbursed by Owner as a Cost of Business. 9.PERSONNEL: All personnel employed in connection with the operation of the Catering Facility shall be subject, from time to time, to such health examination as any proper governmental authority may require at Owner's expense, payable as a Cost of Business in accordance with Section 13(a) hereunder. Manager agrees to develop and implement emergency first aid procedures for all employees. 10.INDEMNITY AND INSURANCE: Manager agrees to indemnify, defend and hold Owner harmless in connection with any liabilities, claims, obligations, demands, causes of action or suits, whether based in tort, contract, per statute or other basis arising out of the Manager's operation of Catering Facility and due to the negligence of the Manager. Owner agrees to indemnify, defend and hold Manager harmless in connection with any liabilities, claims, obligations, demands, causes of action or suits whether based in tort, contract, per statute or other basis arising out of the Catering Facility and due to the negligence of the Owner. Nothing in this Section 10 shall be deemed a waiver by the Owner of the limitations on the Owner's liability set forth in Minnesota Statutes, Chapter 466; and the Owner's obligation to indemnify Manager shall be limited to the amounts set forth therein. Owner and Manager agree that neither party will make any claim against or seek to recover from the other for any loss or damage to either party's property or the property of others or business interruption in so far as the same may be covered by fire or extended coverage or other insurance. 11. MAINTENANCE OF RECORDS: Manager shall maintain at Manager's premises records of all Gross Sales (as hereinafter defined), receipts, disbursements and expenses of the business and operation carried on hereunder, including employee time cards and records and such records shall be available for review by Owner during any working hours upon provision of reasonable notice by Owner. Such records, together with all receipts, invoices, papers, bills, books of account and related data shall be retained by Manager for the period required by applicable state and federal laws, or for three years, whichever is longer, and shall be available at all reasonable times for inspections and/or audit by Owner, at Owner's expense, with the assistance of Manager if requested by Owner. Owner shall have the right to have the Catering Facility's books and records audited by an independent public accountant selected by Owner, at Owner's cost, which cost shall not be borne by the operation. Manager will furnish to Owner an operating report, as more fully described in Paragraph 16 hereof, showing Gross Sales as the same are defined in Paragraph 14 hereof, the Cost of Business as the same are defined in Paragraph 13 hereof, and other operating costs including those listed in Paragraph 13 hereof; each Accounting Period for the operations carried on by Manager hereunder. 12.NON REIMBURSABLE IMPROVEMENTS: Manager made a One Hundred Thousand Dollar ($100,000) investment for improvements to Owner's Premises ("Additional Investment"). Owner and Manager agreed upon the improvements which were funded by the Additional Investment. Owner shall hold title to the equipment, fixtures, and other items funded by the Additional Investment. The Additional Investment shall be internally depreciated by Manager over a period of five (5) years, calculated on a straight-lined depreciation basis. If this Agreement is terminated prior to the expiration of the five (5) year term from January 1, 2010 through December 31, 2014: (i) by Owner without cause or by Manager for Owner's unremedied default, Owner shall pay Manager the undepreciated amount of the Additional Investment remaining up and through the date of termination within sixty (60) days after termination notice date; or (ii) by Manager without cause or by Owner for Manager's unremedied default, Owner shall not be obligated to pay Manager the undepreciated amount of the Additional Investment remaining up and through the date of termination. Effective January 1, 2015, Manager shall make a One Hundred Twenty-Five Thousand Dollar ($125,000) investment for improvements to Owner's Premises ("Renewal Investment"). Owner shall have full discretion over the use of the Renewal Investment funds. Owner shall hold title to the equipment, fixtures, and other items funded by the Renewal Investment. The Renewal Investment shall be internally depreciated by Manager over a period of five (5) years, calculated on a straight-lined depreciation basis from the date of expenditure. If this Agreement is terminated prior to the expiration of the five (5) year term from January 1, 2015 through December 31, 2019: (i) by Owner without cause or by Manager for Owner's unremedied default, Owner shall pay Manager the undepreciated amount of the Renewal Investment remaining up and through the date of termination within sixty (60) days after termination notice date; or (ii) by Manager without cause or by Owner for Manager's unremedied default, Owner shall not be obligated to pay Manager the undepreciated amount of the Renewal Investment remaining up and through the date of termination. 13.COST OF BUSINESS: "Cost of Business" is hereby defined as the sum of the following items. All elements of the Cost of Business shall be paid or reimbursed by Owner in accordance with Paragraph 16. (a) The costs of all Manager's labor performing services with respect to this Agreement, either on a full time or part time basis. In the event a Manager's employee does not spend full time performing services with respect to this Agreement, the wage or salary costs, together with all the ancillary costs concerning such employment noted below with respect thereto, shall be charged to the Owner on a pro-rata basis based upon the relative time spent by such employee providing services under this Agreement. A flat charge of thirty percent (30%) of gross payroll (exclusive of bonuses) will be charged for frill time employees to cover payroll tax and employee benefit costs such as for medical and dental plans, life insurance, FICA, State Unemployment 6 Insurance, workers' compensation insurance, state disability insurance, profit sharing, 401(k) and payroll and benefit plan preparation, processing and administration. For part time employees actual costs for these expenses will be charged. Manager shall provide Owner at all times with a current wage and salary schedule for all of Managers' employees providing services under this Agreement whose wages or salaries are reimbursable as a Cost of Business. The schedule shall indicate the wage or salary rate or range for each category of employees and identify all employees or categories of employees who are eligible for any bonus payments in addition to wages or salaries. The schedule in effect as of the date of this Agreement is attached as Exhibit B. No salaries or wages shall exceed the amount shown on Exhibit B. Bonuses shall be paid by Manager in accordance with its standard operating procedures but will not be reimbursed by Owner as a Cost of Business; (b)The cost of food, food products, liquor, wine, beer, and other beverages, confections and other merchandise sold in Catering Facility premises or made available to employees at no charge or a reduced charge; (c)The cost of all materials and supplies used in the Catering Facility premises, including, but not limited to, sales tax, delivery and other incidental charges, linen, laundry, uniforms, paper products, small equipment replacement, silverware, glassware, china and utensils (The first $12,000 dollars of smallwares cost shall be excluded from the Cost of Business); (d)License fees applicable to Owner's and Manager's direct operations hereunder, such as liquor license fees, but exclusive of any real estate taxes, federal or state income taxes or any licenses or taxes based upon or measured by income; (e)Premiums for all insurance required to be carried hereunder, including, but not limited to, general liability, liquor liability, property business interruption coverage, and workers' compensation insurance, and for employee benefits, including, but not limited to, pension, medical and/or dental insurance, life insurance and disability insurance; (f)Cost of Business excludes all catering costs contracted by Owner and paid by Owner, including but not limited to supplies, advertising, printing, communications, contractual services, insurance, professional services, rentals, repair, maintenance, taxes, licenses, and utilities. Smallwares purchased by Manager in excess of $12,000 will be included as a Cost of Business. (g)Expenses incurred to repair and maintain the Catering Facility premises and equipment, including common area maintenance expenses allocable to the Catering Facility, but not including expenditures which would be classified as capital expenditures; (h) Such other operational costs and expenses as may be incurred from time to time which are related to the management and operation of the Catering Facility; (i)Direct labor costs associated with the utilization of the Owner's employees at the request and direction of the Manager for catering operations; (j)Costs of Business do not include overdraft charges on bank accounts maintained by Manager or late payment or penalty charges to others unless late payment is caused by the failure by Owner to make prompt payment in accordance with Paragraph 1 6(b); and (k) An MIS fee in the animal amount of $15,000 payable in equal monthly installments. 14.FOOD AND BEVERAGE SALES: "Food and Beverage Sales" is hereby defined as the total revenues and receipts derived from sales made on or from the Catering Facility premises, as determined by the accrual method of accounting[ Food and Beverage Sales shall not include applicable sales, excise or similar taxes or gratuities other than standard service charges paid to the Catering Facility's employees, rental fees or building surcharges payable directly to Owner. 15.MANAGEMENT FEE: The Management Fee for 2015 will be $120,600 (for monthly payment of $10,050) and will increase, effective January 1st, $3,000 per year for each year thereafter. In addition to the Management Fee, Owner agrees to pay Manager an Incentive Fee or Penalty Fee amount as set forth below: If Total Cost of Business is: 71% or greater of F&B Sales Revenue*Cost of Business Penalty $20,000 70.50% or greater of F&B Sales Revenue Cost of Business Penalty $15,000 70% or greater of F&B Sales Revenue Cost of Business Penalty $10,000 69.50% or greater of F&B Sales Revenue Cost of Business Penalty $7,500 69% or greater of F&B Sales Revenue Cost of Business Penalty $5,000 68% or Less of F&B Sales Revenue Cost of Business Incentive $5,000 67.50% or Less of F&B Sales Revenue Cost of Business Incentive $10,000 67% or Less of F&B Sales Revenue Cost of Business Incentive $15,000 66.50% or Less of F&B Sales Revenue Cost of Business Incentive $20,000 66% or Less of F&B Sales Revenue Cost of Business Incentive $25,000 65.50% or Less of F&B Sales Revenue Cost of Business Incentive $30,000 64% or Less of F&B Sales Revenue Cost of Business Incentive $35,000*F oo d and Beverage Sales is defined in Section 14 of the Agreement. At Owner's sole expense, Owner may elect to have the Catering Facility's financial records related to this Agreement audited, to any extent and at any reasonable time deemed appropriate by Owner, by independent public accountants selected by Owner, at Owner's cost, which cost shall not be borne by the operation. 16. SETTLEMENT OF ACCOUNTS: (a)Within fifteen (15) working days after the end of each Accounting Period, Manager shall prepare and submit to Owner an operating statement setting forth Food and Beverage Sales, Cost of Business and all other operating costs of the Catering Facility incurred during the preceding Accounting Period and any other information concerning the Catering Facility's operations which Owner may reasonably request. Owner shall prepare and submit to Manager a statement of revenues for the prior Accounting Period within fifteen (15) working days after the beginning of each Accounting Period. (b)Owner shall wire transfer to Manager each month the amount of money representing a Cost of Business incurred for which Manager has provided information in sufficient detail for Owner to ascertain that the amount requested is accurate and represents an element of the Cost of Business. (c)Manager shall pay all operating expenses of the Catering Facility in accordance with its standard operating procedures. (d)Owner will handle all billing and collection for Catering Facility events. Owner is responsible for Manager's costs if third parties fail to pay Owner for catering event. 17. COMMENCEMENT OF SERVICES: Manager agrees to commence the performance of services under this Agreement on the first day of the term of this Agreement, and services shall continue to be provided during the term of this Agreement until this Agreement is terminated at any time for any reason by one of the parties in accordance with the provisions of this Agreement. 18. TERM AND TERMINATION: (a)The term of this Agreement shall be five (5) years commencing January 1, 2015. However, this Agreement may be terminated at any time by either party if the other party shall fail to keep, observe or perform any material covenant, agreement, term or provision of this Agreement and such default shall continue for a period of ten (10) days after written notice thereof by the party giving notice to the party in default. (b)In addition this Agreement may be terminated by the Owner without cause at any time by delivery of sixty (60) days written notice delivered to Manager, and may be terminated by Manager without cause at any time by delivery of one hundred twenty (120) days written notice delivered to Owner. (c) In the event of dissolution, termination of existence, business failure, appointment of a receiver, assignment for the benefit of creditors or the commencement of any proceeding under any bankruptcy or insolvency law, or the service of any attachment, levy, or similar process involving either Manager or Owner, the other party may at its sole option immediately terminate this Agreement upon giving notice as provided in Paragraph 21. (d) Notwithstanding any other provision herein to the contrary, if the right of the Owner to enter into and perform its obligations under this Agreement is enjoined by a court of competent jurisdiction, the period during which such injunction is effective shall be deemed not to be a part of the term of this Agreement, and the Manager shall not be entitled to any compensation for any resulting reduction of the term of this Agreement. In addition, if the right of the Owner to enter into and perform its obligations under this Agreement is directly or indirectly challenged in a court of law, then the Owner may at its discretion, terminate this Agreement upon delivery of not less than 15 days notice to Manager. 19.ATTORNEY FEES: In the event of a controversy between the parties pursuant to this Agreement requiring the institution of legal proceedings by one party against the other, each party in such proceeding shall be responsible for payment of its own attorney's fees for services rendered in connection with the controversy and proceedings unless a court of competent jurisdiction determines pursuant to Minnesota Statutes, Section 549.21 that a claim is brought or defended in bad faith, asserts a claim or defense that is frivolous and that is costly to the other party assets an unfounded position solely to delay the ordinary course of proceedings or to harass or commits a fraud upon the court. Legal expenses incurred by Manager, with consent of Owner, in connection with the legal affairs between the Owner and third parties (as contrasted to legal controversies between Owner and the Manager) shall be paid for by Owner and shall be included in the Cost of Business as defined in Paragraph 13 hereof. 20.ASSIGNMENT: This Agreement shall not be assignable by either party without the prior written consent of the other party. 21. NOTICES: All written notices provided for in this Agreement shall be given by United States certified or registered mail, postage prepaid and return receipt requested, and addressed as follows: IF TO OWNER Economic Development Authority Of the City of Brooklyn Center 6301 Shingle Creek Parkway Brooklyn Center, Minnesota 55430 Attention: Cornelius Boganey and Economic Development Authority Of the City of Brooklyn Center 6155 Earle Brown Drive Brooklyn Center, Minnesota 55430 Attention: Bruce Ballanger IF TO MANAGER Flik International Corp. 3 International Drive Rye Brook, NY 10573 10 Scott Davis, President and Compass Group USA, Inc. Attn: General Counsel 2400 Yorkmont Road Charlotte, NC 28217 Fax: 704-328-7998 22.GOVERNING LAW: This Agreement shall be governed by the laws of the State of Minnesota. 23.NATURE OF RELATIONSHIP: Nothing contained in this Agreement shall be construed to create a partnership or joint venture between Owner and Manager. Save and except for the powers specifically granted to the Manager by this Agreement, Manager shall have no authority to enter into contracts or agreements on Owner's behalf without first obtaining Owner's written approval. 24.MODIFICATION: ENTIRE AGREEMENT: WAIVER: This Agreement cannot be modified orally, or by course of conduct, but only in writing signed by a duly authorized officer or agent of each party. This Agreement contains the entire understanding of the parties with respect to the subject matter. No waiver of any default shall be construed to be or constitute waiver of any subsequent defaults. 25.RESTRICTIONS ON ADVERTISING: The Owner shall not use paid advertising for the Catering Facility which uses the name of the Manager or any of its related agencies without the prior consent of the Caterer. 26. AGREEMENT NOT TO COMPETE: During the term of this Agreement Manager shall not own, operate, manage, or otherwise provide food or catering services to any convention center, banquet facility, special occasion restaurant, historic inn, or other similar facility within a two hundred (200) mile radius from the Catering Facility which directly competes with Owner; provided, however, that Manager may continue to provide such services at locations at which it currently provides service, at locations listed in Exhibit B attached hereto, at the Heartwood Conference Center (formerly known as Schwan Retreat) located at N10884 Hoinville Road, Trego, WI 54888 and at such other mutually agreed locations which Owner may approve from time to time on a case by case basis. Owner agrees it will not unreasonably withhold or delay such consent which shall be set forth in writing. Effective January 1, 2015, Manager will pay Owner such Signing Bonus of Ten Thousand Dollars ($10,000) to be paid at the close of each calendar year, for so long as Manager operates the Ameriprise Conference Center (prorated for partial years). Owner will pay Manager a referral fee ("Referral Fee") for each event Manager refers to the Ameriprise Conference Center located at One Oak Ridge Drive, Chaska, MN ("Ameriprise") which results in a signed contract (with 1-3 years) and completed event. Such Referral Fee shall equal three percent (3%) of the actual revenue generated by the referred event (or events depending on whether the signed contract is 11 for a single event or multiple year events) and will be paid to Manager within thirty (30) days after the conclusion of the referred event. In addition, the parties agree the Owner of Ameriprise will pay its Manager the same Referral Fee as set forth above and will amend its contract accordingly to include the same referral terms as set forth herein. 27. PERFORMANCE BOND: Manager shall provide a performance bond, issued by a surety which is authorized to do business in Minnesota and acceptable to Owner, issued in the amount of Three Hundred Fifty Thousand Dollars ($350,000) to assure the full and faithful performance of the Manager under this Agreement and any written modifications hereof. IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. ECONOMIC DEVELOPMENT FLIK INTERNATIONAL CORP AUTHORITY IN AND FOR THE CITY OF BROOKLYN CENTER By: - By: Name: Name: Scott Davis Title: - Title: President Date: Date: 12 ( V / thft -k.V MAIN ENTRANCE ENTRANCE ...cNg . A 'i L CAPTAIN'SJ I L A LOFT LL 0 PRUAT9 d y. BATH VVEZRAO ENTRANCE OD .0LJYLL, I CIO DO°OARDR001,1 ° oQa CONFERENCE TABLE 0 CADEN CITY 13ALLROOM 13 \ LOWER LEVEL 14 1i[;uu EE E EEE 8S 888 €58888SN 0)N HEM'51E'5 5'55 U H O,.)2000 0 0 00 u 8.H8 8.8,8 ZZZZZZOZOO )0ZZZZZOZZZZZZZZZZZZZ 88ETh8 cj Z0 S 0° 5 0uj5 505=' o-k)L0,OI flE oc'55 5 ',- ,,ncoin-,1'1rr,)0 , Q QtO)00'NN'# 0 0) )0N)0U) 0) SN08 ? N N'. SN s S)) '"'00'N. 0)0)00) (3 N '000003- 0) X 00 ON 0000NtJJ0)0)N0NNN 0)00)cqlam 0)O lxSS 8 S SSS8S8S8S 58 )0W0O)NNO' (9'!Cfl0C D - - '0 '0 0)'4)0) 0) '4) 03 '4) I)) 0) 5558855585EEE58EEE5E5cE858.885.88$0)00-),5 Eli 41 0)0)0) 0)0)0) 5 '55 000 5 88°8D.•5'50O-, ->>8° 005 U o '4 II 5 i v C9 1 15 Exhibit C Owner's Representative: Name: Bruce Ballanger Telephone Number: 763-569-6302 Cell Phone: 763-286-1168 Manager's Representative: Name: Cory Gigstead Telephone Number: 763-569-6312 Cell Phone: 612-414-9108 Page Number: 763-214-7017 16 DATWT4/DWYY) ]PRODUCER IIYSCERTJF ICA.TEIS ISSUEDASAATFERO}JNPORMATIONONLY A I1 RISk surylces, inc. of the cariinao1 1 West Trade Street AND CONFERS NOO110HTS U3'ON ISlE CERTIFICATE HOLDER. TMS 2400 Interstate Tower CERTIFICATE DOESIIOTAIkIE1OD, EXTEND OR ALTERThE charlotte iC 28202 USA COVAGEA1PO9iDEDUYflIEFOLlCIESUELO\V. 2llSuItEItS AFFORDING COVERAGE yooSr.(866) 283-7124 700. (866) 430-1035 INSURER- Aulorlcan Enrich Ins CoMUMFlik xoternattonal Corp. MleI'iCaII Guarantee & Liability Ins Co A Dlvi sloe of Compass Group USA, inc. 2400 Yorkoont Road nwuoozc Zurich American Ins Co of Illinois -Charlotte Cc 28217-4611 USA Ins Co19$00050 Zurich American -C nil005ee, Ace MSrICSO Insurance Company Th0I'O$.ICIES 0F INSURANCE LISTED BELOW HAVE BEEN I100IDTO THE 01000 O0000C FORTSE POLICY PERIOD nlo$CA00D,WOTVOTUSTAWSIOQ AT0000Q0ISEI.IEHT,18024 OyuCO}1DITIO]4 OFAM CONTRACTOROTHER DOCMIEHT VnIHRESpECTIOWHIcHT)IISCERTIFICA!rgMAYBEISSUEDOR MAY PERTAIN, THE INSURANCE A000a0000y THE POLICIES DESCRIBED HEREIN ls SOUJECTTOALI.TSETERHO,t-TCI.USIONS AND CONDITIONS 000UOI POLICIES. AGGREGATE LIMITS 5110004 I,IAY HAVEUEEI1 RSOI3C000Y PAID CLAII.IS. Ms.LTH TovCovI050000ce UOLICYOLTIOEI$7OIICYeSJ00O50000IAYYI OOLICYOX7OMTISSoArtDI5nsYYI Wins o Geu000lLL*0S.ItY 0Le334423005 00/30104 09/30105 EACEnc000uyecO SITED A0E4A,yeElC S1,000,eOOCou,,eIcill OeonroI Liability xco1aIocss.eswea.ozwDy-I1?0,DITYW,,sa,rne,l -CtiDI5SlATzEf30CClJO 000SSI1AL&ADYOIJVOO 31,000,0003( 05015151011 ooDu.U.300010075 310,000,000 GITOLA0005OA00LSILITOI'OL 000TOClS.COI0107tGO $1, 000,000 IPOLICYD Dcoc ,.iqsnr LIabIlIty LIN 00,00,00 AOTOSI000.SIIOOIUTY cuI150.'EoszooutLDnr aaayuunu- 0000XOIJVEY 01001,50)AU.ewl.y000I001 - - $CIITOL'LED AUTOS-0001.TllOTItY(1,, .eII,․)IIOSEOAUIO1 - I,'GIieIOTWAUIOS PUO?Eol001AIAOE GAMGCLI010JTY AUTO ONLY. EAACCWDIr olISoSlILU' EAACC AUTO ONLY;AomA000 - I'02004010 00/30/04 O3/30/0 A0eoCcunOE0CuSXc055I.IOlIUTY Euce,u 4-labIlIty (Sod layer)000005010 530,0089000 OCCUR [] CLOL'3Tl-IAIOE 0510511011 437304 09/35/04 00/30/03 01C 50000-J 0l1I000tOIlll1woR000TCoSll-00l0ATlluA00 ECIPLOOCO0U)IOU.IUT workers Coypenoation - All 00 01.EACIIACCGD1O —__$0,000,800BtoC29388230200/30/04 00/30/05 EL.01500I0.POLICYl-000 12,000,080Workers C0090000tiun (CA. co C WC293882002 00/30/04 00/30/00 EL. DISEASE 00EMUL000Z 52,000,000Workers Cuspeosotlun (CT, DC, 00000 ITO 1150 01 OPA0001003O1LOCAOIS0003 LtO05CL011005 '0010 DV 00005000 ,IIOcIALOE0W510 longer time depending on the jurisdict i on of,Jzs1Cancellation Provision shown herein is subject to shorter or periods and reason fur, the Cancellation, 000CCDMmCF TI M JS00051C0IT00GLIC0100 coScasTE000nz0000nzAnIOo OATS n41000r,nao 015006 COSITOIOYWOL 15000000TO 1.130. In 0005W11110000UCETOSSDCeRDSITAUEII0UIOOIW.0050DITLOTO.Emle Brown Heritag^ Center 61 Earle Browii DrIVe 001100.t100T050 Ol 000UILLWP050IIU ootIcsoTIcoIoeL,AaILIOYBrooklyn Center 001 5 5430 AIIVEOIO ye0011acesIuww.lIs001ubs 0150000ITO1TAIIVEL 0000IzWRHOTSDIT51IVE ,.8'oa y8i.d Sceadoa ¶2 e ?e0 im MM 17 Attachment to ACORI) Certificate for P11k international Corp. The terms, conditions and provisions noted below are hereby attached to the captioned Certificate an additional description of the coverage afforded by the Dauaer(s). This attachment deco not contain all (coos, conditions, coverogcs or exclusions tootatoed In the policy. INSURED ________________________________________ stssjiaott F Nnerican Xnternatianl specialty Lines Flik International Corp. INSURER A Division of Compass sroop USA, Inc.2400 Yorks,ost Road INSURERCharlotte cc 20217-4611 USA INSURER INSURER ADDITIONAL ifs policy below does not Include Ilaott lnfononttso, refer to the corresponding pett' on tIes ACOI1DPOLICIES cesliftcate form for nottcv Snails, tone LIE TYPEOFVi5oItasCE nOUcYneMsEn POLtcYDtSCmflsos caticoerrecmves'Aao roancycunsnosiossore LOOTS excess LIABILITY E 70KA14309 excess Liability (1st 09/30/04 09/30/05 A,99regate 520,0o,000 EachOcCUrrar,cO S10,000,000 Products/camplated 0 510.000,005 wosxcnS COMPENSATION - A i1834437504 iorkers Compensation (cx 09/30/04 09/30/Os eascoarston nroernaseonctocA1sosnu,nctusnscLoalsas,5,,nmioy000eesrarrnsneec,ne000 0 0n Certificate Not 570011116203 18 EXHIBIT E Updated Employees/Wages and Salaries January 1, 2015 Position General M anager * Food & Beverage M anager * Director of Catering S a l es * Catering Sales M anager * Executive Chef Sous CheP Line Cook Prep/Utility Dishwasher Banquet Manager Salary Range $60,000 - $75,000 $42,000 - $58,000 $44,000 - $59,600 $35,000 - $45,000 $58,000 - $75,000 $38,000 - $48,000 $11.00 —$18.00 per hour $9.00 or minimum wage —$14.00 per hour $9.00 or minimum wage —$13.00 per hour $9.00 or minimum wage —$13.00 per hour + Service Charge Waitperson Minimum Wage + Service Charge Bartender $7.25 - $9.00 per hour + Service Charge * The parties agree the annual salary increases shall be negotiated on an annual basis. 19