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(a) The Board shall pay to the City a share of the costs, as aforesaid,
after the acceptance of the approved “budget" or the report of the arbitration,
which shall be computed to be fifty percentum (50%) of the actual cost of mainten~
ance, administration and operation for the year as follows:

i. half of the amount so determined on the first day of May in
the year to which the budget applies;
4i. the remaining half of the amount so determined on the ist day
of November in the year to which the budget applics;
iii. an adjustment shall take place on or before May lst of the
year next so as to reflect the Board's share of actual
expenditure incurred for the past year.

2. The City shall pay in accordance with the approved budget or report of the
Arbitrator, all operating, administrative and maintenance costs and capital expendi-
ture of the facility, and of costs of:

i. wages of pool staff;

Zi. wages of maintenance staff applicable to pool maintenance;
iii. . costs of fringe benefits of above;

iv. supplies;

ve electricity, telephone and fuel;

vi. insurance;
vil. water and sewer utility charges}
viii. approved capital expenditures for equipment; ; ;

ix. any other costs incidentul to the operation of the pool, all

of which are to be shaxed in the manner provided above.

3. Subject to the "budget" and the administrative procedures of the City,

all administrative procedures shall be directed by the City Administrator for the
City of Port Coquitlam, or his delegate, who shall authorize alll expenditures,
purchases, cause the budget to be prepared, obtain the necessary employees, and who
shall commnicate such matters which concern the operations of the facility to the
City Council and to the Secretary-Treasurer of School District No. 43 (Coquitlam)
for transmission to the Board when neceasary.

4, The City Administrator shall provide to the parties reports on the
operations of the facility as may be required from time te time, or at least once
in each calendar year, which report shall reflect the financial operation and any
other matters which may touch and concern the cperation of the Pool asa joint
facility of the Board and the City.

5e Insurance:

(a) The City shell insure the building, furniture, and equipment and
shall acknowledge the Board's equity by naming the Board as a joint insurer;

(b) The City shall name the Board as an additional assured on its
Idability Insurance Policy as it pertains to 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.

Te 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.