03/13/2006 Council Packet (2) - Laserfiche WebLink

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• • construction cost savings realized by the YMCA when actual construction costs are compared to the final bids accepted by the YMCA (e.g. if the entire contingency of 7.5% of total construction costs is not utilized) will be apportioned on a fifty -fifty basis to the City and the YMCA. 5. The YMCA will be solely responsible for all costs in excess of the sum contributed by the city, including financing, administrative, architectural, engineering, construction management, surveying and legal costs, and site and building plan review fees. C. RESIDENTIAL USE COVENANTS 1. A "Community Pass" will be included in each City Newsletter four times per year for a period of five years from the date the YMCA is operational. The Community Pass will allow an individual or family one use of the YMCA Chain of Lakes facility. Each Community Pass will have an expiration date corresponding to the publication of the following issue of the City Newsletter. 2. A teen center will be a component of the YMCA Chain of Lakes facility. This teen center will be available to all eligible Lino Lakes resident youth (those in grades sixth through tenth) regardless of whether they are members of the YMCA and on the same terms, conditions and fees applicable to other youth. The fee per day for teens without a membership will be $2.00 per day for a period of three years from the date the YMCA is operational. 3. City residents will be given an initial period of ninety (90) days from the grand opening of the Chain of Lakes YMCA facility to join the YMCA with all joiner fees waived. 4 -107-