We also have a 2004 220 select. I'm assuming you are referring to the Bimini, unless you have a full enclosure. Either way, other than slowing top speed a little the Bimini structure is stout enough. We run 30+ MPH all the time with the top up.
SeaRay tops are originally made by Great Lakes boat top . Your bimini is undoubtedly sunbrella with rubberized liner. Great Lakes has patterns for all the tops they have made. Great Lakes is discounting 20% until March 19th. I have had new tops made...
I had a 290 AJ that had a similar issue after about 8 years of ownership. The raw water pumps on the engines were leaking. Sitting at the dock dry as a bone. Cruising they started leaking.