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Dome Proposal <br />One of the charters of Spectrum High School is community outreach. In keeping with our <br />vision; Spectrum would like to propose the following partnership for your consideration: <br />• Spectrum High School will own and operate the dome on city property that is either sold <br />or leased to the school. <br />• Spectrum High School will pay for the installation of the athletic field and dome. <br />• Spectrum High School will maintain property and commercial insurance on the dome; <br />and compliance with all city, state, and federal regulations. <br />• Spectrum High School maintains the right to lease the dome for revenue to groups,. teams <br />and individuals. <br />• The City of Elk River will receive dedicated time to use the dome for city designated <br />activities. The amount of time for use by the city will be equivalent to the value of the <br />land donation or rental to Spectrum High School. <br />• The block of time for city use will be mutually agreed upon by Elk River and Spectrum <br />High School. The value applied to the dome use by the city will be the customary rental <br />rate for the dome. <br />• After the value of the land donation has been exhausted; the city will continue to receive <br />the opportunity for priority time and discounted rental rate of the dome. <br />• The dome will be open to the public for walking, jogging,. and running at no charge <br />during designated hours of operation. <br />6/30/2011 <br />