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written by a carrier licensed to do business in Florida and have a rating of A+VII or <br /> better per A.M. Best's Key Rating Guide. <br /> 9.3. Suealal Reaulroments. Ten days prior to the <br /> commencement of operations,a certificate of Insurance shall be provided to the Risk <br /> Manager for review and approval. The certificate shall provide for the following: <br /> A. Indian River County shall be named as an "Additional <br /> Insured"on the general liability policy. <br /> B. Indian River County will be given thirty(30) days' notice <br /> prior to cancellation or modification of any stipulated insurance. Such notice shall be <br /> In writing by certified mail, return receipt requested, and addressed to the Risk <br /> Manager. <br /> 10. MAINTENANCE OF EXTERIOR. Landlord agrees to mow grass and <br /> maintain the landscaping and shrubbery. Tenant agrees to maintain the automobile <br /> parking areas,driveways and the exterior of the building. <br /> 11. (A) OPERATING COSTS, Indian River County agrees to be <br /> responsible for a portion of operating costs of the Gifford Youth Activities Center. <br /> For the first fiscal year of operation, Indian River County shall contribute up to <br /> $110,000.00 on a reimbursement basis for these costs as itemized in the attached <br /> Schedule "A" "Initial Operating Budget". Subsequent years contribution are <br /> expected to be guided by the relative rise in the consumer Price Index(CPI),with the <br /> County contribution reduced by the amount of grants obtained for each fiscal year's <br /> operating expenses and/or programs. <br /> An itemized operating budget shall be submitted to Indian River <br /> County by April let of each fiscal year. Actual annual appropriations shall be <br /> approved through the County budgetary process. While the Consumer Price Index <br /> shall be utilized as a guide to adjustment of annual operating expenses,the County's <br /> annual contribution to the operating expenses shall be subject to annual <br /> appropriation from legally available funds. <br /> After the first flacal year five percent (5%) of each year's <br /> operating budget shall be held in reserve by Landlord in a Renewal and <br /> Replacement Fund for repairs to the Gifford Youth Activities Center. <br /> 3 <br />