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<br />2. The CPY’s fee to the City shall be as follows: <br /> <br />i. 2019 - $77,500 <br />ii. 2020 - $77,500 <br />iii. 2021 - $77,500 <br />iv. 2022 - $67,500 <br />v. 2023 - $67,500 <br />vi. 2024 - $67,500 <br />vii. 2025 - $57,500 <br />viii. 2026 - $57,500 <br />ix. 2027 - $57,500 <br />x. 2028 and beyond - $47,500 <br /> <br />3. Amounts payable by the City shall be paid to CPY on or before <br />February 1, of each year to cover the City’s share for that year. <br /> <br />4. Contracts fees are subject to change, based on the financial conditions <br />of the City and the City Council’s direction. <br /> <br />E. Board of Directors. This agreement is contingent upon the City having a <br />designated seat on the Board of Directors. The Board of Directors shall <br />include 1 Board Member from the City of New Brighton which shall be <br />appointed by the City Council annually. The CPY Board of Directors shall <br />review and approve the appointment. <br /> <br />F. Further Obligations of CPY. In addition to the obligations set forth elsewhere <br />in this Agreement, this Agreement is further contingent upon CPY doing the <br />following: <br /> <br />1. The Bylaws of CPY shall be amended to add provisions prohibiting <br />CPY from supporting or opposing individual candidate for election to <br />the public office in the City and adding the requirements that IRS: <br />501.C3 status to be maintained. <br /> <br />2. On or before November 30, of any year CPY shall submit a written <br />report to the City including an Annual Report, the previous year’s tax <br />return, and a program specific summary of services provided to the <br />municipality. <br /> <br />3. Periodically advising the City of services available through CPY to the <br />City’s residents: <br /> <br />4. Establishing a sliding scale for youth enrichment services available <br />through CPY to the City’s residents and periodically advising the City <br />of such fees;