Sports Barn Sample Clauses

Sports Barn. YVHA shall enter into an agreement with the Steamboat Sports Barn, Inc., a Colorado nonprofit corporation for the development of an indoor field sports facility on approximately 8.5 acres of the Brown Ranch. The site of the facility will include outdoor playground(s) with a minimum aggregate size of 15,000 square feet and shade structure(s) with a minimum aggregate size of 800 square feet. YVHA and Steamboat Sports Barn, Inc. shall hold the playground(s) and shade structure(s) portion of the Sports Barn site open to the public. YVHA and Steamboat Sports Barn, Inc. shall cause a building permit to be issued for the construction of the facility within 5 years of the effective date of the Annexation Ordinance, and shall complete the construction of the facility within 8 years of the effective date of the Annexation Ordinance. If YVHA and Steamboats Sports Barn, Inc. have not completed the foregoing within the timeframes provided, YVHA shall develop the site as a neighborhood park pursuant to the terms of this Agreement. Operation and management of the facility shall be the responsibility of Steamboat Sports Barn, Inc. and/or YVHA. The City shall have no responsibility for construction, operation, or maintenance of the facility.
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