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OC 385/2008 – Guarantee Agreements– 2010 and 2012 International Ice Hockey Federation World Junior Hockey Championship Events – Amending Order (Minister of Tourism, Parks, Culture and Sport and Minister of Finance)
Description:

Title: Guarantee Agreements– 2010 and 2012 International Ice Hockey Federation World Junior Hockey Championship Events – Amending Order

Minister: Minister of Tourism, Parks, Culture and Sport and Minister of Finance

Summary:
Authorize the Minister of Tourism, Parks, Culture and Sport, on behalf of the Government of Saskatchewan, to:
a) amend Schedules A and B attached to Your Honour’s Order 241/2008, dated March 24, 2008, as necessary, for the purpose of providing 70% of a profit guarantee up to $11,000,000 and 80% of an additional profit guarantee of $1,500,000; and
b) make a commitment in the Bid Presentation, for the purpose of providing 70% of a profit guarantee up to $11,000,000 and 80% of an additional profit guarantee of$1,500,000;
for the purpose of providing guarantees in order to obtain the designation of the Province of Saskatchewan as the host and the City of Saskatoon as the principal hosting site for the 2010 and 2012 International Ice Hockey Federation World Junior Hockey Championship event.

See: The Economic and Co-operative Development Act (Sections 8 and 9); The Government Organization Act (Section 17) and The Financial Administration Act, 1993 (Section 46)





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