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ARTICLE I <br />TERM OF AGREEMENT <br />Section 1.01. The term of this Operating Agreement shall com- <br />mence as of September 1, 1988 and continue for a term of nine (9) <br />years and six (6) months until March 1, 1998, or until such earlier <br />date as the parties may agree to in writing. <br />ARTICLE II <br />RESPONSIBILITY OF PARK BOARD FOR STADIUM OPERATIONS <br />Section 2.01. The Park Board shall have full and complete respon- <br />sibility for all aspects of the operation of the Stadium and will <br />operate the Stadium as a park and recreation facility pursuant to IC <br />30 -10 -4. The Park Board hereby accepts such responsibilities as des- <br />cribed herein and the Park Board, or its designee, shall exercise <br />exclusive control over the operation of the Stadium during the term <br />it of this Operating Agreement including, but not limited to, the sche- <br />duling of events, the making of rules for the operation of the Sta- <br />dium, and the collection of all fees and other revenues for the use <br />of the Stadium. All such fees and revenues shall remain the sole <br />property of the Park Board and utilized by the Park Board for the <br />purposes permitted by law. <br />ARTICLE III <br />TAXES, COSTS, MAINTENANCE OF STADIUM AND UTILITIES <br />Section 3.01. Taxes, Costs and Maintenance. During the term of <br />this Operating Agreement, the Park Board shall be obligated to pay at <br />its expense without reimbursement from the Commission all costs, <br />co taxes and assessments, if any, and maintenance and use in connection <br />-3- <br />