Common use of Museum Clause in Contracts

Museum. On or before March 1 of each year of the Term, LAPA shall submit to County a proposed schedule for operating the Museum to provide the general public with an appreciation of the history of the Hollywood Bowl and musical and theatrical events, along with a schedule of proposed costs for the operation during the following County Fiscal Year. County reserves the right to close or limit the hours of operation of the Museum, and/or to restrict operational expenses for the Museum, if it is open, to no more than the amount approved by the Board of Supervisors from the facility user’s fee for County Fiscal Year 2004-2005, which amount may be adjusted annually by the lesser of (i) the CPI Adjustment or (ii) the percent increase in the Approved Budget for Direct Operating Costs for the subject year compared to the prior year. The Director is authorized to act for County with respect to these annual decisions regarding the Museum schedule.