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HomeMy WebLinkAboutCC RESO 14,685RESOLUTION NO. 14,685 RESOLUTION AUTHORIZING EXECUTION OF AN AMENDMENT TO THE LEASE AND OPERATING AGREEMENT FOR THE LAS PALMAS MUNICIPAL GOLF COURSE BE IT RESOLVED, by the City Council of the City of National City, California, that the Mayor is hereby authorized and directed to execute on behalf of the City, an amendment to the May 3, 1984 Lease and Operating Agreement for the Las Palmas Municipal Golf Course, extending the rent deferral period under said Agreement through August 31, 1985. PASSED and ADOPTED this 2nd day of July, 1985. ATTEST: Ione ,Campbell, APPROVED AS TO FORM: Georg H. Eiser, III - City Attorney this AMENDMENT TO AGREEMENT This Amendment to Agreement is made and entered 2nd day of July , 1985, by and between the City of National City, a municipal corporation, hereinafter referred to as "LANDLORD", and American Golf Corporation, a corporation, hereinafter referred to as "TENANT". RECITALS This Amendment to Agreement is made with reference to the following recitals: A. On May 3, 1984, LANDLORD and TENANT entered into a "Lease and Operating Agreement for the Las Palmas Municipal Golf Course". B. LANDLORD and TENANT desire to amend Paragraph 3.A of said Agreement entitled, "Construction Period". NOW, THEREFORE, the parties hereto mutually agree as follows: 1. Paragraph 3.A, "Construction Period", of the "Lease and Operating Agreement for Las Palmas Municipal Golf Course" is hereby amended as follows: 3.A CONSTRUCTION PERIOD. Landlord and Tenant both acknowledge that there will be a Construction Period that will begin immediately after the execution of this Lease and end on August 31, 1985. During the Construction Period, it will not be possible for golfers to make use of the golf course and the driving range or facilities appurt- enant thereto. The term of this Lease and the Tenant's obligation to pay annual rent will not commence until the end of the Construction Period, that being the date when the golf course reopens for play. During the Construction Period, Tenant and its agents will have the right to go onto the leased property to make all necessary capital improvements. 2. Except as otherwise provided herein, all of the terms and conditions of the "Lease and Operating Agreement for Las Palmas Municipal Golf Course" dated May 3, 1984, shall remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have here- unto set their hands on the date first above stated. CITY OF NATIONAL CITY ATTEST: APPROVED AS TO FORM BY /?�-L 3 . BY AMERICAN GOLF CORPORATION BY -2-