This is maybe too late to help, but here oes.
We usually play them with a sit-and-go format, blinds raise every 15 minutes or something along those lines. Chip values are kinda arbritrary, we play with 100, 500, 1000 and 10,000 (if required) chips with starting stacks of between 8-20K, depending on how long we want the game to go.
Only comment I'd make on your structure is to do with the chip denominations - you'll probably find you don't need the 2c chips (unless you're seriously short on the 1c ones). 1c / 5c / 10c / 25c should do it, though you could probably even skip the 10c ones if you've got enough 5c chips.