TEMPORARY USE PERMIT (TU 23-033092)

the estimated City and RCMP costs for each year is approximately $250,000. The following approach to bonding is proposed to ensure that all City and RCMP costs are paid for by the event organizer and that greater financial certainty is provided to the event organizer on the amount and timing of the required payments to the City. The approach to bonding is to secure the full bonding amount from the event organizer prior to the beginning of the season in each year of operation. The $250,000 per year bonding cost identified is an estimate of the total City and RCMP costs anticipated during the 2024 - 2026 seasons. Based on this, the proposed bond amount and required submission dates are as follows:  2024 - $250,000 due on April 11, 2024  2025 - $250,000 due on April 10, 2025  2026 - $250,000 due on April 9, 2026

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