Resident Housing. Fees calculated on a weighted basis for all Phase I Projects may not increase by more than three percent (3%) per year over the prior academic year’s Resident Housing Fees. Nothing herein shall restrain the Concessionaire from requesting approval of housing fee increases higher than three percent (3%) per year because of extraordinary increases in operating expenses, including but not limited to utilities and taxes or other circumstances reasonably deemed by the Concessionaire to warrant an increase in the Housing Fees. Any such request shall be considered by the BOR on a case by case basis, and the BOR shall either approve or deny such request in its sole and absolute discretion. No approval of such an increase in excess of three percent (3%) shall be considered approval of or contributory to approval of any subsequent request for a housing fee increase in excess of three percent (3%).
Resident Housing. The YCC shall provide housing at the Facility for a total of up to thirty (30) Residents at all times, twenty-four (24) beds for males and six (6) beds for females.
