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JUL -21 -1900 06:02 1,,/ P. 02 <br />P(S -:tt l is l t, cC ( K �l o/L ic. Sv SS 10.4 <br />21 2:11 0 04 <br />Sale of Ice Hours Procedure <br />1. The city guarantee would apply following a series of built in protections. <br />a. CYHA makes every attempt to buy all of the hours. <br />If there are any unused hours on the CYHA rink, they would be offered: <br />First, to other Super Rink partners, Blaine, Coon Rapids, Mounds View, <br />Irondale, Tri-city, Bethel and Spring Lake Park. <br />Second, to NSC Ice Sports Programs for figure Skating, learn to skate, adult <br />women & men hockey, youth hockey leagues, tournaments, camps etc. <br />Third, Non -Super Rink groups or organizations would be offered the hours. <br />Fourth, the Centennial Cities would not be obligated to pay if the total hours <br />booked on the 4 expansion sheets had sufficient revenues to pay operating <br />expenses. <br />Fifth, CYHA must use their resources to guarantee payment of 860 of the 1340 <br />hours per year. <br />Sixth, If the previous five options are applied and there are still insufficient <br />revenues and unsold hours on the CYHA rink...the Cities backing would apply. <br />Note, the NSC programs and sells the unused hours and credits each partner equitably. <br />TOTAL P.02 <br />