CCP 01-13-1997 - Laserfiche WebLink

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J...i;;;"'U"~1:) .!./:-ii r.~ I~;);)Q:;;:;; .....,::.C --, LgjU1U/Ul<> I MASC. In addition. all hours socured by MASC above its MASC Sheet Hours and I MASC Addirional Hours shall be credited equally [Q th~ other p:uties to this agreement. When MASC sells fall and Spring hours. .11 foul' sheets are crediced -- equally. In rhe evont that MASC is able [Q rcnt ice cime for MASC programs in ace<< of the capacity of me Facilities, MASC shall provide for a preference in rcncab to ice I rinks owned and opcrared by Subdivisions who arc a party to chis Master Agreement. 3. Major conrrac" for lce purchases will be $ubmirred ro the Joint Board for approval. 1 4. MASC will provide each patty an e<rimate of the reconciliation between Guaranrc::r::d Rental Income and income acrually received and projecred co be I received by year end by December 1, or each year. In the event that any party fails [Q payor otherwise p[Qvidc for che paymcnr of GlIarameed Renca! Ineome as obligated above. ,uch party will pay che d,fference between income secured and income I oblig.ced within 30 days after the year end reconciliation of accounts ,howing the deficir is presented [Q e.ch party. F. SCHEDULING AND PROGRAMMING 1 Scheduling and programming policies shall be docermined by the Joint Board, excepr rhat scheduling may nor be inconsisrent with this Ma,<<cc Agreemenr. 2lch party h", <ole discretion in scheduling and programming ir's priority hours that are nOt inconsistenr with I rhis Master Agreemenr. G. FINANCING OPERA.TIONS Appropriate books and records representing rhe operating revenues and expenses and .. capi"l assers and liabilities tdating co rhe facility shall bo maimained by MASC. The following reserve accounts shall be maintained. ]. Applic.don of ReveL1ues I The following provisions shall apply to tevenue generated in conne".on with the operation of the Facility: I (a) The general principle of payment in fuJl before use shall apply (0 this facility and addicional advaIlce payment requirements will be determined by I rhe Joint Board. For extended rtntals. such prior payment shall be for ,uch period of rime a' i, dctermined pursuam co policie, recommended by the MASC and approvod by the Joim Board. Any party to rhis Mascer Agrc~ment may retain any amounts by which (he hourly rental rate charged 1 by rhe patty for use of ice time in the Faciliry exceeds rhe Guaranteed Hourly Rare. Notwirh.mmding rhe provision of this paragraph, it is rhe intent of the parties clm rhe obligations referred (0 in paragraph IILE(b) bc cnforced aITer I the end of each fiscal ye>! and rhar the prepayments r<ferrod to in this paragraph refer only (Q acrual user fees. (b) Admission income from events sponsored by the parries shall aCcrue I (Q (he respecrive party. (e) MASC shall retain all of the revonuc< generated by rhe Facility nor I specifically alloeared pursllam to this Masrcr Agrcemem. including by not 8 .. I ___m