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HomeMy WebLinkAbout12470 '. ,~ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 .-.-..."'-"'''''-;.-;'- i .",: . I RESOLUTION NO. .u47tJ . RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE EXECUTION OF A THIRD AMENDMENT TO LEASE WITH GOLFAMERICA : CORPORATION RELATING TO THE TERM OF A LEASE FOR GOLF COURSE PURPOSES. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SECTION 1. The Mayor of the City of San Bernardino is I 'authorized and directed to execute on behalf of said City a Third Amendment to Lease with Golfamerica Corporation relating to the . term of a lease for golf course purposes, a copy of which is I lattached hereto, marked Exhibit "A" and incorporated herein by I reference as fully as though set forth at length. I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a on the tt& day of h ~~ ~: : , 1976, by the following meeting thereof, held vote, to wit: AYES: Councilmen (1.,7~~ 5JJ,~/h",< K~-<- '-~ ~/...IA"',.v NAYS: _~;./ ABSENT: ~:):;4./../ ':. ~ ~:;~f~i;1~d of 7;:::;,n: day resolution is hereby approved 1976. Bernardino o / I LE 0 ,.., .. '-J ,,::),.],. .U.. l,~ I (I L:UCILLE GOf"ORTH. CitY. CIeri( BY..~ ..:2?!~7"A ~fPurr. 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 I7 18 19 20 21 22 23 24 25 26 27 28 THIRD AMENDMENT TO LEASE (public golf co~se) THIS THIRD AMENDMENT TO LEASE is made and entered into this day of , 1976, by and between the CI'l'Y OF SAN BERNARDINO, a municipal corporation, hereinafter called "Lessor", and GOLFAMERICA CORPORATION, a California corporation, hereinafter called "Sublessee". WHEREAS, the City of San Bernardino did lease certain property by a lease dated March 29, 1966 for golf course purposes; and WHEREAS, said lease has been assiqned to Golfamerica Corporation, a California corporation, as Sublessee, with W. E. Leonard and Barbara R. Leonard, husband and wife, as assignees remainiIl9 liable to the Lessor, to wit: the City of san Bernardino, a lIl\1nicipal corporation, under the terms and condition set forth therein; and WHEREAS, it is now desired to modify and extend the term of said lease so that said lease will expire March 1, 2012; and WHEREAS, it is desired to provide that the City may use such portion of the property as may be required upon eighteen (18) months advance written notice instead of upon ninety (90) days advance written notice as provided in said lease, NOW, THEREFORE, in consideration of the mutual promises, provisions, covenants and conditions, it is agreed as follows;t1. Section II paragraph 2 of said lease is hereby amended ! to read as follows; "2. ~ The term of this lease shall commence on the 19th day of 1 2 May, U66 and shall te:rm1.nat. 45 years, 9 lIlOllt.ha, 9 days ~reaftef on Maroh 1, 201.2. 1'he Cit.y lIlaY, by 91viag Subl..... ei9b~1'l (18) ___Us advance aot.iae in writinq, t.e.rminat.e uts l...e, or, att ita option OCCNpy and. _ any port.ion of Ue I_sed premi8e1l wlt:hout. tenliDa1d.ng t.ha leaae or 1.nourring any liabilit.y or obligaUon to Lea... aad Subla.a_a, in ~ event and at. it.a sol. d1seret1on t.ha premi._ or any portion t.hereof i. A.sued for IiINJllcipal or public uae.. 3 4 5 6 7 8 9 10 11 12 2. SeCI1:ion II para'1raph 3 of oid lease is hereby _oded to read. as followaa "3. R..t The rent. to be paid <luring t.be term of this lease shall be as follows. 13 14 15 (a) DuriAq t.he first five (5) year period of this .tea.., 16 .teasee shall pay to the City a Illinimulll annual rental of $800.00 17 or. 67' of 9):0.. reoeipt.a, whichever is 91'.at.er. 18 (1)) During t.ae second five (5) year period of this lease, 19 Les... shall pay to t.he Cit.y a mini"\,,, annual rental of $1,000.00 20 or 1.11' of gro.. receipt., whic:.b.ever i. great.er. 21 (e) During the neat. ten (10) year period of this lease, 22 aft\er the expiration of the periods and payment.. _t. forU in (a) 23 and (b) of ut. aec:tion berein&bove, Le.... shall pay t.o the Cit.y 24 a D\ini:mUJQ annual rental of $1,200.00 or 1.67' of gross receipt.s, 25 whiebever is ireat.er. 26 (d) Durinq t.he remainder of the term of Uis 1...., aft.er 27 the expiration of the periods and payment.s ..t. forth in (aJ, (b) 28 and (e) of U1s aec:tion hereinabove, Le.... shaJ.l pay to the City -2- 1& ~4ni~um anaual rental of $1,400.00 or 2.22' of gros. receipts. 2whi.cftever is greater. 3 The term qros. reoeipta. .. 11884 in this para;raph :), 4 ,incluaes all qros. revenues received or reoeJ.vable by Le..... I 5 lwhether ca.h or credit, for driving ruge f_s, green f_. and , 6 similar f_s for use of or playinq upoa the public 901f oourse, 7 bat shall not iDclllde revenue frOll\ the _18 of food and beveralies, 8 nor _18 of equipment. 9 The annual rents deaeril:)ed. in this parAfiraph :) shaU be 10 paid in quarterly (i.e., tlu:_ \lIOnth) installmeats, .-h quarterly 11 instaJ.lJMult conat.ting of olle-fourth (1/4) of the ll\inimwB aaDual 12 rental or t.he ~licable peroentaqe of gros. receJ.pts for said 13 quarter (three llDAt.h period). Each quart.erly ia.taU_at shall 14 15 16 17 18 19 20 21 22 23 3. Al.l other covenant.s, CODClitiOlUl, terms and provisio_ 24 of _id prior lease .bal.l remain the __ ud remain in full 25 force and effect. 26 1/1// 1/1// 27 28 -3- 1 IN WX'1'NBSS liIBEUOF the parties .have hereto executed thb 2 Third 1t.Il\endJaent to Lease on the date firat. hereinabove writ.ten. 3 CITY Of! SAN BERNARDINO ATTESt'l 4 5 LUCILLE GOFORTH . City Clerk By w. R. HOLCOMB Mayor 6 GOLFAURICA COiU'OltAt'ION, a California corporad.. 7 8 By President. 9 10 By 11 Secretary 12 Approved..a to fo:r:m: 13 /a/RJ&lph u. billa 14 cIty At:toraey 15 16 We agree to the foregoinq. 17 Dated: 18 ASSIGNEES 19 20 Ii. J3. Leonard 21 22 Barbara ll. Leoaard 23 24 25 26 27 28 -4-