« = Jas

vilt. approved capital expenditures fox equipment;

ix. any other costs incidental to the operation of

the pool.

all of which are to be shared in the manner provided above,

3

Subject to the “Budget" and the adminiatrative procedures

of the City, alt adwiniatrative Procedures shall be directed by the

City Administrator for the City of Port Coquitlam, or his delegate,

who shall authorize all expenditures, purchases, cause the budget to

be prepared, obtain the necessary employees, and vho shall communicate

Such matter wich concern the operations of the facility to the City

Counct! and to the Secretary-Treasurer of School District No. 43

(Coquitlam) for transuission to the Board when necessary,

4. The City Administrator shall provide to the parties reports

on the operations of the facility as may be required from tine to tine,

or at least once in each calendar year, which report shall reflect the

financtal Operation and any other matters which may touch and concern

the operation of the Pool as a joint facility of the Board and the City.

5, Insurance: (a) The City shalt insure the building, furniture,

and equipment and shall acknowledge the Board's equity by naming the

Soard as a joint insurer, .

(b) The City shall nane the Beard as an
sdditional asured on its Liability Insurance Policy as it Pertains ta

the operation and Premises of this facility. The Policy shall also

contain a "Cross Liability Clause",

6. The City shall insure that the lands, and building, and all

furniture, equipment and facilities contained in the said building or

hereinafter placed or installed therein shall be maintained in a proper
state of repair,

7. The Board and the City shall have the right to use and

occupy the facility and each shall be entitled to the free use of the

facility for purposes of operating their respective programmes therein.

8. The Superintendent of Schools or his Delegate shell work

with the City Administrator or his delegate in developing programmes

for school use of the facility and to assist in co-ordinating school

and community use of the facility. The facility shall be made available

for school use half of the total hours the pool is in opevation in any

calendar year.

9. Subject to the accounting administrative procedures of

the City and the Board, all revenue Feceived shall be credited to

the joint operations and shell be used t« offset the cost of cperation.

No charge shall be made to pupiis Participating in school sponsored

Any diepute ariging out of the administration of this
Agreement shall be referred to a Committee made up of one menber of
City Council named by the City and one Trustee named by the Board
along with the City Administrator and the Secretary-Treasurer of the

Board. Shauld che Committee be unable tu settle the dispute it shal}

be referred to arbitration butsuant to the “Arbitration Act", R.S.B.C.,

1960, as amended.

11. Thia agreement shall Yemain in effect for 6 period of

thirty (30) yeers frou the date hereof unless it be sooner terminated

by agreement of the parties. Upon termination of the agreement the

value of the factlity, exclusive of the land value, shall be deternined

by an appraiser whose appointment shall be agreed upon by the parties

and whose Finding of value shall be bindinp upon che parties. Failing

Sgreenent by the parties on the @ppointment of an appraiser the said
value ahall be determined by Arbitration Pursuant te the Arbicracioa

Act. The City shall forthwith upon determination of such value, pay

30% thereof to the Board.
IN WITNESS WHEREOF the parties hereto have affixed their

corporate seals, attested by the hands of chetr duly authorized

officers on the date first above written. 8

(The Corporate Seal of The Corporation
(of the City of Pore Coquitlam was
(hereunto affixed in the presence of:

Mayor

AAA AMAA

Clerk

(The Corporate Seal of the Board of
(School Trustees, School Districe
(Mo. 43 (Coquitaim) tas hereunto
(affixed in the Presence of:

Chairman

Secretary-

aA ARAMA

_——-

Treasurer