Validation PARKING AGREEMENT

Terms and Conditions

This Validation Parking Agreement (the 'Agreement') is by and between you (the 'Merchant') and City Center Parking ('CCP'). The Merchant wishes to arrange for parking privileges for its customers in CCP parking lots at the Merchant’s expense. CCP agrees to do so on the following terms and conditions:

1. Subject to the terms of this Agreement, including the procedures set out at https://www.citycenterparking.com/validation-program, CCP will permit the Merchant’s customers to park in CCP attended parking lots (the 'Lots'), and CCP will accept parking tickets validated by the Merchant as a credit towards parking fees payable by the Merchant’s customers at the Lots. CCP has no obligation to provide parking to the Merchant’s customers except on an “as available” basis as determined by CCP, and CCP reserves the right to restrict the Lots that will participate in validation parking without notice.
2. The Merchant will pay to CCP the amount of all validated parking granted by the Merchant to its customers as evidenced exclusively by Merchant’s validation stamp. The parking rates shall be as posted at the Lots and are subject to change without notice. In addition, CCP will charge, and the Merchant will pay, a processing fee equal to 3% of the Merchant’s validated parking charges each month.
3. CCP will issue a monthly statement setting out the amount of validations processed, any adjustments made, the processing fee and any applicable taxes. The statement will be deemed to be correct unless the Merchant notifies CCP of any errors or omissions within ten (10) days of the statement date. CCP’s invoice will be payable by the Merchant upon receipt.
4. If Merchant is in breach of any term of this Agreement, including delinquent payment of any invoice, CCP may refuse to accept the Merchant’s validated tickets until payment is received, and may terminate this Agreement effective upon written notice to the Merchant at the address below, without prejudice to its other remedies.
5. CCP or the Merchant may terminate this Agreement upon 30 day’s prior written notice, provided that termination of this Agreement shall not affect the Merchant’s obligation to pay for parking tickets validated by the Merchant before or after termination. The Merchant agrees to pay CCP twice its customary parking fees for all parking tickets validated by the Merchant following termination of this Agreement, provided that CCP shall be under no obligation to accept such validated parking tickets.
6. CCP expressly disclaims all representation and warranties, including, without limitation, those regarding the number, location or availability of parking spaces at the Lots. CCP shall not be liable to the Merchant for any loss or damage of any kind arising from counterfeit validations, loss of profits or loss of business. In no event shall CCP’s liability exceed the amount collected from the Merchant regarding the incident(s) at issue.
7. The prevailing party in any claim with respect to this Agreement shall be entitled to its reasonable attorney fees as awarded by the court at trial or upon appeal. This Agreement will be governed by the laws of the State of Oregon, and all claims will be brought in Multnomah County. This Agreement contains the entire understanding of the parties relating to validated parking and may only be amended by a written document executed by both parties.

Your Validation Stamp:

You are responsible for procuring a validation stamp and establishing precautions to prevent its unauthorized use. Please DO NOT use your bank stamp. Your stamp should have your COMPANY NAME, exactly as shown on the Validation Agreement, your ACCOUNT NUMBER, and the amount of TIME you wish to validate for (e.g.1 hour, 2 hours free parking, etc.). Here is a sample:

To validate for several hours, please stamp the ticket the corresponding number of times.

When you stamp the ticket, please stamp the blank area of the ticket only. DO NOT stamp on top of another company’s stamp. Signature will NOT be accepted in lieu of a stamp.

Please note if you wish to validate at just one certain CCP lot, it is your responsibility to stamp only tickets from that lot. Your stamp is good at all eligible City Center & Parking Management Facilities as long as there is an Attendant present to accept your customer’s validated tickets.

Ticket Adjustment:

Ticket adjustments cannot be made unless the tickets in question are returned to our office within ten (10) days of the date of the statement.

If you are starting a NEW ACCOUNT, you may begin to use your account when you have returned your signed validation agreement, obtained your validation account number & rubber stamp.

Payment Information:

To ensure proper crediting to your account, please return a copy of your statement with your check or indicate your account number (starts with 61- at the top right corner above your company name on the statement). Failure to do so may result in our delay or improper crediting of your check. If you have both a MONTHLY and VALIDATION account with us, please pay each account with a separate check. This will ensure proper crediting of your accounts.