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<br />d. YMCA fails to maintain the Building consistent with other YMCA <br />facilities. Ifthe EDA denies a capital improvement to maintain the <br />building submitted by the YMCA as described in Section I.F., then <br />failure to maintain the Building will not be cause for termination if <br />the failure to maintain is caused by the denial of the requested <br />capital improvement. <br /> <br />The YMCA will have 90 days to cure the default. <br /> <br />I. Access. The City will be responsible for providing access to the site for the YMCA <br />Building. <br /> <br />II. The YMCA's Hours of Operation: <br /> <br />A. The YMCA may operate from 5 a.m. until 11 p.m. Monday through Sunday. <br /> <br />B. Holidays: <br /> <br />1. The YMCA will be closed on Christmas and Easter. <br /> <br />III. Risk Management Principles <br /> <br />A. The YMCA will carry casualty and liability insurance customary for such a facility. <br />Insurance policies will include the City and EDA as named insured. <br /> <br />B. The City and EDA as Owners will carry casualty, property and liability insurance <br />that is customary to similar facilities, meets statutory requirements, and is <br />consistent with other City owned facilities. The insurance will include the YMCA <br />as named insured. The City and EDA's costs for insurance shall be added to the <br />Lease payments due from the YMCA. <br /> <br />This document represents a framework of principles expressing the current understanding between <br />both parties and does not constitute a legally binding agreement. The parties agree to utilize the <br />principles expressed in this document as a framework for all subsequent legally binding <br />documents between the City, EDA and the YMCA. <br /> <br />7 <br />