Agenda Packets - 1997/06/09 - Laserfiche WebLink

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06/04/97 15:01 FAX 7855699 NSC 2008/016 • and th>r HR 1ncn r p eh such play incur as a:rwulr of i i1um.>B,A> humsn In addition and noun limitation of the orr.caTute�.t4 par,res cllsrtssl.V aet 'then Count r northe PRA shall halve any► ligthaiv ofthe oWn ,mems t ferre4 to its the pcediagn�arzgh." • 2. Paragraph III.E. 1. c. is amended to read as fnlinws- • "c. Budget MASC shall submit a proposed annual budget(hereinafter referred to as the"Anneal Budget")to die Doard at bast 120 days before the beginning of a new calendar year(hereinafter teemed to re the'Fiscal Year"). Such Amend Budget shall include an hourly rare(the"Guaranteed Hourly Rate") to be charged for ice sh+eetrs:ntai at&level such thatprgjected Guaranteed Rental laCorne,plus the=aunty an proiccted Conor iota and ac definel in that certain Fnanci A t among,MASC. seesC.Anoka Contig aka County Honsirla aper laaralgpmauvillsadeod by MASC far the fiscal year if received,will be adequate to pay allOperating Expenses,as defined bellow,and Baud Expenses for the following Fiscal Year. In addition,the Annual budget shall establish rental charges for its time above and beyond the 10,400 Guaranteed Rental Hours(the"Off Peak Rental Rates")which shall be sufficient to produce;income from such off peak rental usage at least equal to the additional operadag if any, auritnbutable to such off peak u gee. Fnrpurposes of this a • Agreement,"Operating Expanses"shall tar defined as all costs of operating and mainraiaing the Facility,including the fixtures and equipment required t herefore.and all deposits required to nperating reserves,but shalt not include the costs of promotion and amination of special events in the Facility sponsored or organized by or on behalf of MASC. If the Joint Beard determines that the Operating Expenses are not reasonably necessary to operate the hany as intended,the Joint Board may object to the proposed budget at least 60 days prior to the beginning of a new Fiscal Year. If the Joint Board does not take aeon to object to the proposed Operating Expenses within 60 days prior to the new Fiscal Year,the Operating Expenses and the Annual Budget shall be deemed to be approved by the bJ Joint Board.and m bcthe Guaranteed Hourly Rare for the Fiscal Year approved. In the event that MASC and the Board are unable to agree after all parties have made-their best efforts,the question of reasanableuess of the budget shall be submitted to binding arbitration with the Office of Alternative Dispute Rr uludon in the State Bureau of Mediation Services. The proposed Annual Budget,and the Guano reed Hourly Rats~included thenen,shall be in effect as of the first day of the Fiscal Year in the event that arty arbitration hereunder is not completed as of the beginning of the Fiscal Year. MASC members on the Joint Board shall • not be permitted to vote on the Annual Budget as board members." 3. Paragraph IILR shall be amended.to add a paranraph 5 to real: 15. Coiacicuse=cements mens by the Derma ti ttft rice. =Wages or other use of the fatality shall be submitted to.MASC fur appegyeLend may not be entered into by the parties hereto if MASC • sligm ines dist Ilio cxrtm art or other__-ementwnulrl hatre an adverse First IA i ae tslrneat to Master Agreement June 41997 Vow