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HomeMy WebLinkAbout12498 :ae 21 22 23 Z4 25 26 27 28 1 RESOLUTION NO. Lzll9f3 2 RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE EXECUTION OF A THIRD AMENDMENT TO LEASE WITH W. E. LEONARD AND 3 BARBARA R. LEONARD RELATING TO THE TERM OF LEASE FOR GOLF COURSE PURPOSES AND MODIFICATIONS CONCERNING RENTALS AND NOTICE PERIODS; 4 AND REPEALING RESOLUTION NO. 12470. 5 BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: , 7 8 9 10 11 12 13 14 SECTION 1. The Mayor of the City of San Bernardino is authorized and directed to execute on behalf of said City a Third Amendment to Lease with W. E. Leonard and Barbara R. Leonard relating to the term of lease for golf course purposes and modifications concerning rentals and notice periods, a copy of which is attached hereto, marked Exhibit "A" and incorporated herein by referenee as fully as though set forth at length. SECTION 2. Resolution No. 12470 is hereby repealed. 15 I HEREBY CERTIFY that the foregoing resolution was duly 16 adopted by the Mayor and Common Council of the City of San 17 18 19 Bernardino at a h~ meeting thereof, held on the /9 day of 0jt , 1976, by the following vote, to wit: AYES: Councilmen h4,nAv'V, &~""'/N1c, ~:r,(V?4/ ~ ::Jt.h;/~ ^ ~,a--. ,::;(;'u'~,"M NAYS: ~A?7d k'-""/#?Ag? ~=~h ABSENT: IIIII ., ~, "! "/)~//1,. ~qI C~tyer IIIII '. ". -I The foregoing resolution is hereby approved this ~+.v.( day 1 2 of 3 4 5 , 7 II 9 10 11 12 13 14 15 16 17 18 19 ~ 21 22 23 24 ZS 26 27 ZlI ~~ , 1976. as to form: ~ / Bernard~no -2- ... . [I I 1 2 3 4 S 6 7 II 9 HI 11 12 13 14 IS 16 17 III 19 ~ 21 22 23 24 2S 2<i 27 211 ;. THIRD AMENDMENT TO LEASE (public golf course) THIS THIRD AMENDMENT TO LEASE is made and entered into this ~~ day of ~~ ' 1976, by and between the CITY OF SAN BERNARDINO, a municipal corporation, hereinafter called "Lessor", and W. E. LEONARD and BARBARA R. LEONARD, husband and wife, as assignees under a certain lease as hereinafter set forth, hereinafter called "Lessees". WIT N E SSE T H: ---- ---- WHEREAS, the City of San Bernardino did lease certain property by lease dated March 9, 1966 to Harvey Head and Associate for golf course purposes; and WHEREAS, on or about May 14, 1966 said lease was assigned by the original lessees to San Bernardino Public Golf Course, Inc. a California corporation; and WHEREAS, on or about March 1, 1971 said lease was further assigned by said San Bernardino Public Golf Course, Inc. to W. E. Leonard and Barbara R. Leonard, husband and wife, as assignees; and WHEREAS, on or about August 16,1974 the property leased under said lease was subleased by W. E. Leonard and Barbara R. Leonard to Golfamerica Corporation, a California corporation; and WHEREAS, on or about March 15, 1976 said sublease by W. E. Leonard and Barbara R. Leonard, husband and wife, to Golfamerica Corporation was terminated by mutual agreement of the parties; and WHEREAS, it is now desired to amend, modify and extend the term of said lease so that said lease will expire March 1, 2012; and J .- 1 WHEREAS, it is desired to provide that the City may use 2 such portion of the property as may be required upon eighteen (18) 3 months advance written notice instead of upon ninety (90) days 4 advance written notice as provided in said lease, S NOW, THEREFORE, in consideration of the mutual promises, 6 provisions, covenants and conditions, it is agreed as follows: 7 I !I 10 1. Section II paragraph 2 of said lease is hereby amended I to I read as follows: "2. Term The term of this lease shall commence on the 19th day of 11 12 I May, 1966 and shall terminate after on March 1, 2012. 45 years, 9 months, 9 days there- 13 The City may, by giving Lessees eighteen (18) months 14 advance notice in writing, terminate this lease, or at its option, IS occupy and use any portion of the leased premises without 16 Iterminating the lease or incurring any liability or obligation to 17 Lessees, in the event and at its sole discretion the premises or HI any portion thereof is needed for municipal or public use." 19 2. Section II paragraph 3 of said lease is hereby amended 20 to read as follows: 21 "3. Rent 22 The rent to be paid during the term of this lease shall be 23 as follows: 24 (a) During the first five (5) year period of this lease, 2S Lessees shall pay to the City a minimum annual rental of $800.00 26 or .67% of gross receipts, whichever is greater. 27 (b) During the second five (5) year period of this lease, 28 Lessees shall pay to the City a minimum annual rental of $1,000.00 -2- II - 1 or 1.11% of gross receipts, whichever is greater. 2 (c) During the next ten (10) year period of this lease, 3 after the expiration of the periods and payments set forth in (a) 4 and (b) of this section hereinabove, Lessees shall pay to the City S a minimum annual rental of $1,200.00 or 1.67% of gross receipts, 6 whichever is greater. 7 (d) During the remainder of the term of this lease, after I the expiration of the periods and payments set forth in (a), (b) , and (c) of this section hereinabove, Lessees shall pay to the City 10 a minimum annual rental of $1,400.00 or 2.22% of gross receipts, 11 whichever is greater. 12 The term gross receipts, as used in this paragraph 3, 13 includes all gross revenues received or receivable by Lessees, 14 whether cash or credit, for driving range fees, green fees and 15 similar fees for use of or playing upon the public golf course, 16 but shall not include revenue from the sale of food and beverages, 17 nor sale of equipment. 18 The annual rents described in this paragraph 3 shall be 19 paid in quarterly (i.e., three month) installments, each quarterly 20 installment consisting of one-fourth (1/4) of the minimum annual 21 rental or the applicable percentage of gross receipts for said 22 quarter (three month period). Each quarterly installment shall 23 be paid within thirty (30) days after the end of said quarter by 24 check or draft drawn to the order of the City of San Bernardino 2S and mailed or personally delivered to the hereinafter mentioned 26 address of the City. The final quarterly payment for each year 27 shall include any necessary corrections, so that the sum of the 28 four quarterly payments will equal the total annual rental des- -3- j , I- I - 1 cribed in this paragraph 3. 2 The rental for any partial month or quarter remaining at 3 the end of the lease term shall be pro-rated." 4 3. All other covenants, conditions, terms and provisions S of said prior lease shall remain the same and remain in full 6 force and effect. 7 IN WITNESS WHEREOF the parties have hereto executed this I Third Amendment to Lease on the date first hereinabove written. , "LESSOR" Ul CITY OF SAN BERNARDINO ATTEST: 11 12 13 14 15 16 17 18 19 ~gnee") / ~ W. E. Leonard ~J~ fJ dJ7UVl/'f/ Barbara R. Leonard 20 21 22 23 24 2S 26 27 28 -4-