Agenda - Council - 04/23/2024 - Laserfiche WebLink

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P. All reasonable business, entertainment, travel, mileage (at current reimbursement rates approved by the Internal Revenue Service) and other reasonable expenses associated with the operation of the Facility incurred by Manager, its employees and agents, the general manager, and other key employees of the Facility; and Q. All other reasonable proper and necessary expenses and deductions, of whatever kind or nature, arising out of the operation of the Facility. "Group Services" shall consist of the actual cost of the services without mark-up or profit to the Manager or any of its affiliates, but shall include a pro-rats portion (allocated on an equitable basis among all properties benefiting therefrom) of: A. Salaries and Employee Benefit Costs B. Cost of Equipment used in Performing the Group Service C. Overhead Costs reasonably allocated thereto of any property providing the Group Service Costs incurred in providing the Group Services shall be allocated in the manner described in the Annual Operating Budget. The cost for the Group Services shall not exceed the amounts for such services set forth in the Annual Operating Budget. Notwithstanding the foregoing, in no event shall the terms upon which the Manager assesses the allocable portion of the cost of Group Services be less favorable than the terms upon which the Manager assesses other than the allocable costs of Group Services to other properties managed by the Manager. Cost of Group Services shall be a Direct Operating Cost. In addition, if equipment is installed and maintained at the Facility in connection with the rendition of any Group Services, all costs thereof will be charged as a Direct Operating Cost of the Facility as determined by the Manager in good faith and consistent with GAAP. "Ownership Costs" means the following costs, which shall be paid by Owner from Owner's separate funds: D. Depreciation of the Facility, Furniture, Fixtures and Equipment, and operating supplies; E. Capital Expenditures to the extent funds for Capital Expenditures are unavailable in the Agency Account, and deposits to replacement reserve funds; and F. Such other costs defined as Fixed Charges in the Uniform Account System and not specifically provided for otherwise in this Agreement. "Supervisory Services" means supervision of Manager's employees at the Facility by officers, agents or employees of Manager who are not regularly or temporarily employed at the Facility. It does not include other services — such as accounting, purchasing, management information systems, human resources, personnel records and information systems, payroll and financial record systems, national personnel recruiting and training programs, or other group benefits and services — which Manager may provide to the Facility through officers, agents, employees or Affiliates who are not regularly or temporarily employed at the Facility. 18