As a condition of reserving a date for use of the Corn Palace, each User shall make a deposit of Twenty-five percent (25%) of the user fee which shall be paid with the signing of the contract. In the event that the User shall find it necessary to request cancellation of its reservation, such cancellation must be submitted to the Corn Palace Director in writing no later than ten (10) days prior to User’s scheduled use of the Corn Palace. If Corn Palace Director is notified of said cancellation in writing within ten (10) days prior to User’s scheduled use of the Corn Palace, the City of Mitchell will refund the twenty-five percent (25%) deposit made by User to the City of Mitchell. If User fails to notify the Corn Palace Director in writing less than ten (10) days prior to its scheduled use of the Corn Palace, User does hereby agree to and does forfeit the twenty-five percent (25%) deposit previously made to the City of Mitchell. Use contracts with schools shall be exempt from the advance deposit requirement.