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ARTICLE IV: COMPENSATION <br /> Needs to be updated&made clearer <br /> YMCA will render services to City based upon the following: <br /> A. In 1999, the City will pay the YMCA annual compensation of$ . In future years, the <br /> amount will be adjusted for inflation. (USE INFLATION ADJUSTMENT LANGUAGE <br /> FROM ONE OF MY TOWER LEASES) For such compensation, the YMCA agrees to <br /> provide the programs and services outlined in this agreement, <br /> and to provide including but not limited to the following: <br /> 1. The employees necessary to provide the services outlined in this contract, <br /> including all costs associated with such employees. In addition to the direct <br /> payroll costs, this shall include all Ali costs associated with recruiting, hiring, <br /> training and supervising tho such employees necessary to provide the service& <br /> compensation, unemployment, retirement, vacation pay, sick pay, bonuses, etc.; <br /> 2. Office supplies, including but not limited to, copy paper, printer cartridges, <br /> stationery, envelopes,postage, computers, etc.; <br /> 3. Registration software and annual support; <br /> 4. Any advertising other than that provided by the City at its sole dissection; <br /> 5. Transportation and mileage; <br /> 6. Liability insurance; <br /> 7. First aid supplies; <br /> 8. Supplies and equipment for recreation programming, such as balls, bats, craft <br /> supplies, etc. <br /> B. At the end of each calendar year under this Agreement, the annual surplus or deficit from <br /> all SHOULD BE DEFINED TERM recreation programming will be calculated as <br /> follows: <br /> 1. All revenues from Recreation Programming will be calculated. Revenues will <br /> include any scholarships provided to participants, and any subsidies provided by <br /> the City or the YMCA in order to offer any program. (AREN'T THESE <br /> EXPENSES?) <br /> 2. All direct expenses of Recreation Programming will be subtracted. Direct <br /> expenses will include: <br /> a. Salaries and benefits for the staff involved in the programs only portion <br /> attributable to programs; and <br /> b. Supplies, equipment and other costs directly associated with the program. • <br /> 3. An administrative charge of 12.5% of all direct expenses will be calculated and <br /> subtracted. <br /> 4. The remaining balance will be that year's surplus or deficit. <br /> In the event of an annual deficit, the City will fund the first $2,000 of any such deficit <br /> with the remaining deficit being split equally between the City and the YMCA, provided <br /> SJR-159255 <br /> MU210-35 <br />