R2006-65 AUTHORIZING AGREEMENT DECATUR AUTO DEALERS ASSOCIATION

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� � • , amount of rebate payable to Association in the subsequent year(s) by the difference be- tween the target amount and the actual sales tax revenues from the 2006 tent sales. For years 2007 and 2008, City agrees to pay Association a sum equal to thirty percent (30°/o) of the gross tax revenues generated by the tent sales for the preceding year, less the difference, if any, between the target amount and the 2006 gross tax revenues. Said amount shall be payable toward the advertising budget of Association in two (2) equal installments thirty (30) days prior to the two annual sales events held in each subsequent year of this contract. Gross tax revenues shall be defined as the gross sales tax revenue City receives as a result of all sales conducted at the tent sales for the prior year. Association agrees that only automobile dealers who voluntarily pro- vide City complete and accurate sales tax return data and written authorization to con- firm same (on forms provided and approved by the Illinois Department of Revenue) shall be allowed to participate in Association sponsored tent sales. City shall calculate gross tax revenues from actual sales tax returns, including Illinois Department of Reve- nue forms ST-556 and RUT-25, to be provided to City by participating dealers no later than 30 days following the last date for filing same with the Illinois Department of Reve- nue. 5. City agrees that it will provide aii necessary zoning and zoning variances to allow for the conduct of the tent sales. 6. The parties agree that profitability is central to the relationship created by this Agreement. Consequently, both parties to this Agreement have an option in termi- nating the Agreement upon reasonable notice during the term of the Agreement if same proves to be unprofitable. Association's obligation under paragraph four (4) herein to 2