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ICESR INFORMATION 2 04-05-2005
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ICESR INFORMATION 2 04-05-2005
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1/16/2009 10:07:32 AM
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City Government
type
ICESR
date
4/5/2005
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• Keys to the Ice Arena Complex may be checked out by authorized <br />ERYHA personnel for access to the arena on a specific day, subject <br />to the approval of the Ice Arena Manager. <br />CONTRIBUTIONS FOR OPERATING EXPENSES <br />20. ERYHA may make periodic contributions to the ongoing operating <br />expenses of the Ice Arena Complex from lawful gambling proceeds or other sources. <br />21. ERYHA shall have the right to make such contributions, and the City <br />shall accept such contributions and apply them to the operating expenses of the Ice Arena <br />Complex. <br />22. At the end of each calendar or operating year, the City shall transfer to a <br />capital improvement fund for the Ice Arena Complex an amount equal to the <br />contributions to operating costs made by ERYHA during the preceding year, unless said <br />funds are necessary to balance the Ice Arena Complex operating fund or to pay debt. <br />TERM <br />23. This Agreement shall be effective from the date of its execution to and <br />including December 31, 2013. <br />This Agreement is entered into the day and year first above written. <br />CITY OF ELK RNER <br />By: <br />Henry A. Duitsman <br />Its Mayor <br />By: <br />Sandy Thackeray <br />Its Clerk <br />ELK RIVER YOUTH HOCKEY <br />ASSOCIATION <br />By: <br />Its: <br />By: <br />Its: <br />BeckP 136759.2 t} <br />
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