(A) ceases to exist;
(B) fails to pay the annual rental fee or other fees
within 30 calendar days of the due date as specified in the agreement;
(C) is temporarily closed for more than 30 calendar
days;
(D) does not meet the minimum eligibility requirements
of §25.406 of this subchapter, and all corrections are not made
within 30 calendar days of written notification;
(E) is sold, and the new major shopping area does not
continue as a public retail business; or
(F) does not correct the parking insufficiency within
90-days' notice by the department.
(4) Removal of a major shopping area guide sign by
the contractor will include the removal of the major shopping area's
ramp sign(s).
(5) If the major shopping area guide sign is removed
due to the default of the major shopping area to perform within the
terms of the participation agreement and the requirements as stated
herein, the participation agreement is terminated between the major
shopping area and the contractor. All funds paid to the contractor
by the major shopping area are forfeited.
(6) If the major shopping area guide sign is removed
permanently due to actions of the department, the participation agreement
is terminated between the major shopping area and the contractor.
Advance funds paid to the contractor by the major shopping area will
be pro-rated as per the date of removal, and any remaining amounts
refunded to the major shopping area.
|