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the YMCA -SV shall have second rights, and any other third -party users shall have <br />last rights, which shall be set forth in the City's reservations policy. <br />Notwithstanding any of the foregoing, the City's operations of its facilities shall comply with the <br />covenants and requirements of its bond financing for the construction of the New VMB/SC and <br />Common Area Improvements. <br />EXHIBIT I <br />82483.00016\32444940.5 <br />