HomeMy WebLinkAboutTayman Park Golf Group 2012-07-01; Addendum 8 2021-07-21 COU No. 1617-112-A8 ADI?ENDUM NO. 8 TO UKIAH MUNICIPAL GOLF COURSE LEASE AGREEMENT This Agreement ("Addendum No. 8") entered in Ukiah, California on July 1", 2021 ("Effective Date"), amends Exhibit H to the Municipal Golf Course Lease Agreement("Lease"), dated July 1, 2012, between the City of Ukiah("Lessor" or "City"), a general law municipal corporation, and Tayman Park Golf Course Group, Inc. ("Lessee" or"TPGG"), a corporation in good standing under the laws of the State of California. Except as amended herein the Lease, as amended by Addendum No. 3, dated March 13, 2018, Addendum No. 4, dated October 17, 2018, Addendum No. 5, dated October 2, 2019, Addendum No. 6, dated April 1, 2020 and Addendum No. 7, dated September 3, 2020, remain in full force and effect. AGREEMENT: 1. Exhibit H to the Lease is amended to read as follows: EXHIBIT H Capital Improvement Project Funds Subject to Addendum Nos. 3 and 7 to this Lease, funds contributed by Lessee underParagraph 4.2 of the Lease shall be deposited into a fund called the TPGG Fund and funds contributed by the Ukiah Men's Golf Club pursuant to Paragraph 3 of the lease between the City and the Ukiah Men's Golf Club ("UMGC"), dated July 1, 2012 ("Cart Barn Lease"), as amended on July 1, 2021, will be deposited into a separate fund called the UMGC Fund. The TPGG Fund will be managed and controlled by Lessee, subject to approval of proposed expenditures from this fund by an Advisory Team comprised of three representatives, one from the UMGC, one from the Golf Professional, and one from the City of Ukiah. Each of the organizations represented shall select its representative and notify the other organizations of the name 1 shall be subject to termination, if the UMGC successfully challenges the termination of the Cart Barn Lease through administrative or judicial proceedings. 2. Exhibit H as set forth in Section 1, above, shall be substituted for Exhibit H as currently attached to the original executed Lease. WHEREFORE, the Parties have entered this Addendum No. 8 on the Effective Date. City of Ukiah: By: SrSw —. Sage Sangiacomo, City Manager Attest: 11'vl, Ai g L9141121- Kristine Lawler(Sep 17,202108:08 PDT) Kristine Lawler, City Clerk TAYMAN PARK GOLF GROUP, INC., Lessee By: 3 Tayman Park Golf Course Group Final Audit Report 2021-09-17 Created: 2021-09-17 By: Kristine Lawler(klawler@cityofukiah.com) Status: Signed Transaction ID: CBJCHBCAABAAf_GCQ1Jevwu3wTYwUBW6Z2xms3KgX4ek "Tayman Park Golf Course Group" History Document created by Kristine Lawler(klawler@cityofukiah.com) 2021-09-17-2:47:46 PM GMT-IP address: 12.12.163.2 Document emailed to Sage Sangiacomo (ssangiacomo@cityofukiah.com)for signature 2021-09-17-2:48:42 PM GMT Email viewed by Sage Sangiacomo (ssangiacomo@cityofukiah.com) 2021-09-17-2:50:09 PM GMT-IP address:67.180.40.102 C5o Document e-signed by Sage Sangiacomo (ssangiacomo@cityofukiah.com) Signature Date:2021-09-17-2:51:55 PM GMT-Time Source:server-IP address:67.180.40.102 Document emailed to Kristine Lawler(lyricalwhims@gmail.com)for signature 2021-09-17-2:51:56 PM GMT Email viewed by Kristine Lawler(lyricalwhims@gmail.com) 2021-09-17-3:07:43 PM GMT-IP address: 173.164.213.14 Document e-signed by Kristine Lawler(lyricalwhims@gmail.com) Signature Date:2021-09-17-3:08:40 PM GMT-Time Source:server-IP address: 173.164.213.14 Q Agreement completed. 2021-09-17-3:08:40 PM GMT 0 Adoin Sign