Management and Operations Plan; Forecast Sample Clauses

Management and Operations Plan; Forecast. Operator must submit to the City for review, by December 1 of each year, a Management and Operations Plan that includes a detailed proposal for providing management and operations of services at the Premises in accordance with this Operating Agreement. In addition, Operator must submit a proposed operating budget (the "Annual Forecast") to the City for the upcoming calendar year. The Annual Forecast must specify the amount of working capital required to continue operations of the Premises for the upcoming fiscal year (defined as July 1 through June 30) in light of all major policy decisions, specify all anticipated expenses required to operate the Premises and all projected expenses for long term improvements at the Premises. City will have the right to comment upon and make suggestions with respect to the Management and Operations Plan, provided, however, while Operator must consider all of City’s suggestions and comments, Operator will not be obligated to implement the same. Such annual review will take place at a meeting between the Operator, the Director and such other persons, as the parties consider necessary.
Sample 1
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Related to Management and Operations Plan; Forecast

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