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GREAT SUPPORT. City of Moncton clearly states that it will not offer financial guarantees nor would it offer any financial support for the construction and the upkeep of the Center, the financial risk of operating losses will have to be borne solely on the builder and his partners. It is the preference of the City of Moncton to not have any involvement in the ongoing operation of the multi-use sports and entertainment facility, but remain a partner in the project by virtue of the contribution of land and capital costs. The City of Moncton prefers to minimize its capital investments and business risks associated with the project. The City of Moncton does not wish to underwrite any operating losses associated with the facility. As part of the agreement with the City of Moncton, the successful Proponent will be required to keep the facility in a good state of repair on a continual basis, and meet all required standards of the City of Moncton with respect to operation of a major community facility.