Agenda Packets - 2009/11/02 - Laserfiche WebLink

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DRAFT 10-14-09 312576v1 SJR- 163485 MU205210-435 3 Exhibit III. ARTICLE IV: COMPENSATION A. Community Center and Recreation Programming Management. The City will pay the YMCA in quarterly installments based upon annual compensation of $228,000 beginning January 1, 2010. monthly based upon 1/12th of the annual compensation (for 1999, the monthly compensation will be $13,090). The annual compensation for 1999 is $157,080 (actual compensation for 1999 will be based upon the actual number of months this contract is in effect.) On January 1st of subsequent years, the annual compensation and corresponding quarterly monthly payments shall may increase or decrease by the Minneapolis / St. Paul area Consumer Price Index, or successor index (“CPI”) from the CPI at the Commencement Date to the CPI immediately prior to such anniversary, provided further that in no event shall such increase or decrease from one year to the next exceed five percent (5%). For such compensation, the YMCA agrees to provide the programs and services outlined in this agreement, and to provide the following: 1. The employees necessary to provide the services outlined in this contract, including all costs associated with such employees. In addition to the direct payroll costs, this shall include all costs associated with recruiting, hiring, training and supervising such employees; 2. Office supplies, including but not limited to, copy paper, printer cartridges, stationery, envelopes, postage, computers, etc.; 3. Registration software and annual support; 4. Any advertising other than that provided by the City; 5. Transportation and mileage; 6. Liability insurance; 7. First aid supplies; 8. Supplies and equipment for recreation programming, such as balls, bats, craft supplies, etc. B. Recreation Programming. At the end of each calendar year under this Agreement, the annual surplus or deficit from all recreation programming will be calculated as follows: