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Agenda Item # 11.1 - Late Memorandum CITY OF GILROY CITY CLERK’S OFFICE MEMORANDUM Thai Nam Pham, CMC, CPMC | City Clerk 7351 Rosanna Street | Gilroy, CA 95020-6197 Email: thai.pham@cityofgilroy.org Phone: (408) 846-0204 | www.cityofgilroy.org September 12, 2022 To: Honorable Mayor and Council Members Re: Agenda Item # 11.1 - Approval of an Exclusive Negotiating Agreement by and between Select Contracts and the City of Gilroy in Order to Assess Opportunities for Development of the 536 Acres of Hillside Property at Gilroy Gardens (Proposed to be Renamed the Recreation Gateway Area) Dear Honorable Mayor and Council Members: Attached, please find Exclusive Negotiating Agreement by and between Selects Contracts and City of Gilroy that was not attached at last Friday’s publication. Respectfully Submitted Thai Nam Pham, CMC, CPMC City Clerk -1 EXCLUSIVE NEGOTIATING RIGHTS AGREEMENT This Exclusive Negotiating Rights Agreement ("ENA") is entered into as of this ________________ day of ___________, 2021, by and between the City of Gilroy, a California municipal corporation ("City"), and Select Contracts Holdings Inc, a British Columbia Corporation (“SC” or “Select Contracts” ). The City and Select Contracts shall collectively be referred to herein as the "Parties" and individually as a "Party." RECITALS A. The City is the owner of certain real property located at _________________________, in the City of Gilroy, County of Santa Clara, State of California, and commonly known as the "_____________." B. The City is considering developing ________________________ ("Project") on ___________________________ shown on Exhibit A attached hereto ("Project Site"). C. Select Contracts, currently operates as a developer of adventure parks, bike parks and surf parks on a global basis and is interested in developing an adventure park on the said lands. D. The purpose of this ENA is to establish procedures and standards for the negotiation by the City and Select Contracts to explore the feasibility of having City and Select Contracts develop the Project. As more fully set forth in Section 3.1, Select Contracts acknowledges and agrees that this Agreement in itself does not grant Select Contracts the right to operate the Project, nor does it obligate the City to any activities or costs to develop the Project Site or the Project. AGREEMENT NOW, THEREFORE, in consideration of the foregoing recitals and of the mutual covenants and conditions contained herein and for other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the City and Select Contracts mutually agree as follows: ARTICLE 1 EXCLUSIVE NEGOTIATIONS RIGHT Section 1.1 Negotiations. Subject to the terms and conditions contained herein, the City hereby grants to Select Contracts the exclusive right to negotiate with the City concerning -2 the possible development of the Project. The goal of the negotiations is to develop a framework for an agreement (the “Agreement”) between the parties, which may be a lease, operating agreement, or some other form of agreement. No standard of conduct shall be implied with respect to the negotiation of the terms and conditions of the Agreement referred to herein. Section 1.2 Negotiating Period. The negotiating period ("Negotiating Period") under this ENA shall be three hundred sixty-five (365) days, commencing on the date first above written, unless the Parties extend the Negotiating Period by written amendment to this ENA. If an Agreement has not been executed by the City and Select Contracts by the expiration of the Negotiating Period, then this ENA shall terminate and neither Party shall have any further rights or obligations under this Agreement except as set forth in Section 3.5 below. If an Agreement is executed by the City and Select Contracts then, upon such execution, this ENA shall terminate, and all rights and obligations of the Parties shall be as set forth in the executed Agreement. Section 1.3 Exclusive Negotiations. During the Negotiating Period, Select Contracts (and/or their affiliates) shall not negotiate with any entity, other than the City, regarding the development and/or operation of any project that would be located in Santa Clara County and be similar to the Project contemplated by this ENA, or solicit or entertain bids or proposals in connection with such a project, and the City shall not negotiate with any entity, other than Select Contracts, regarding the operation of the Project, or solicit or entertain bids or proposals to do so. Section 1.4 Costs and Expenses. Each Party acknowledges that it may expend substantial resources in the negotiation of the Agreement and the performance of the tasks in this ENA. Each Party shall be responsible for its own costs and expenses in connection with any activities and negotiations undertaken in connection with this ENA, and the performance of each Party's obligations under this ENA, subject to any provisions in an executed Agreement that provide for reimbursement of such costs. Section 1.5 Identification of a Select Contracts Representative. The Select Contracts representatives to negotiate the Agreement with the City are: Chris Sutton, CEO and Adrian Paul, COO. ARTICLE 2 NEGOTIATION TASKS Section 2.1 Overview. To facilitate negotiation of the Agreement, the Parties shall use reasonable efforts to accomplish the tasks set forth in this Article 2 in a timeframe that will support negotiation and execution of a mutually acceptable Agreement prior to the expiration of the Negotiating Period. The Parties acknowledge that one year may not be sufficient time to arrive at such an Agreement, due to delays caused by compliance with the California Environmental Quality Act or other factors. Within the first sixty (60) days after the mutual execution of this ENA, the Parties will endeavor to agree upon a work plan for tasks to be accomplished. -3 Section 2.2 Scope of Project. The Parties shall endeavor to agree on a scope of operational obligations specifying in sufficient detail each component of the operations necessary to operate the Project in a first-class manner. Section 2.3 Schedule of Performance. The Parties shall endeavor to agree on a detailed schedule of performance for the Project to be included in the Agreement. Section 2.4 Financing and Cost of Project Operations. The parties shall endeavor to agree on a financial proforma for the operation of the Project containing, among other matters, a detailed budget setting forth the costs of the tasks to be undertaken by Select Contracts. Section 2.5 Organizational Documents. Select Contracts will provide the City with the operating entity's organizational documents, as well as an organizational chart outlining key personnel roles and responsibilities. ARTICLE 3. GENERAL PROVISIONS Section 3.1 Limitation on Effect of Agreement This ENA shall not obligate either the City or Select Contracts to enter into an Agreement or to enter into any particular Agreement. By execution of this Agreement, the City is not committing itself to or agreeing to undertake any development activities with respect to any property. Execution of this Agreement by the City is merely an agreement to conduct a period of exclusive negotiations in accordance with the terms hereof, reserving for subsequent City and City Council action the final discretion and approval regarding the execution of an Agreement and all proceedings and decisions in connection therewith. The City may decide to approve or disapprove of any Agreement and to proceed or not proceed with the Project in its sole and absolute discretion. Any Agreement resulting from negotiations pursuant to this Agreement shall become effective only if and after such Agreement has been considered and approved by the City following applicable environmental clearance as required by the California Environmental Quality Act. Section 3.2 Notices. Formal notices, demands and communications between the City and Select Contracts shall be sufficiently given if, and shall not be deemed given unless, dispatched by certified mail, postage prepaid, return receipt requested, sent by express delivery or overnight courier service, to the office of the parties shown as follows, or such other address as the parties may designate in writing from time to time: City: City of Gilroy 7351 Rosanna Street Gilroy, CA 95020 Attention: City Administrator -4 With a copy to: Select Contracts: 8988A Pemberton Meadows Road Pemberton, British Columbia Canada, V0N 2L2 Such written notices, demands, and communications shall be effective on the date shown on the delivery receipt as the date delivered or the date on which delivery was refused. Section 3.3 No Commissions. The City shall not be liable for any real estate commissions or brokerage fees that may arise from this ENA or any agreement that may result from this ENA. The City represents that it has engaged no broker, agent or finder in connection with this transaction, and Select Contracts shall indemnify, defend and hold the City harmless from any claims by any broker, agent or finder retained by Select Contracts. Select Contracts represents that it has engaged no broker, agent or finder in connection with this transaction. Section 3.4 Breach of ENA. If either Party breaches the terms and conditions of this ENA, the other Party may terminate this ENA upon thirty (30) days' prior written notice to the non-breaching party. Following such termination, neither Party shall have any further right, remedy or obligation under this ENA; provided, however, that Select Contracts’ indemnification obligation pursuant to Section 3.5 shall survive such termination. Neither Party shall have any liability to the other for monetary damages for any breach of this ENA. No member, official, officer, or employee of the City shall be personally liable to Select Contracts, or any successor in interest, in the event of any default or breach by the City or for any amount which may become due to Select Contracts or to its successor, or on any obligations under the terms of this ENA. Section 3.5 Select Contracts’ Obligation to Indemnify City. Except for the gross negligence or willful misconduct of the City, Select Contracts undertakes and agrees to defend, indemnify, and hold harmless the City from and against all suits and causes of action, claims, losses, demands and expenses, including, but not limited to, reasonable attorneys' fees and costs of litigation, the cost to remove any lien or encumbrance on the Project Site, damage or liability of any nature whatsoever, arising directly or indirectly, in whole or in part, are caused by, arise in connection with, result from, relate to, or are alleged to be caused by, arise in connection with performance of this ENA on the part of Select Contracts or any contractor or subcontractor of Select Contracts. Select Contracts shall pay immediately upon the City's demand any amounts owing under this indemnity. The duty of Select Contracts to indemnify includes the duty to defend the City, at the City's choosing, to pay the City's costs of its defense in any court action, administrative -5 action, or other proceeding brought by any third Party arising in any manner by reason of or incident to the performance of this ENA on the part of Select Contracts or any contractor or subcontractor of Select Contracts. The City shall have the right to reasonably approve any attorneys retained by Select Contracts to defend the City pursuant to this Section 356 and shall have the right to reasonably approve any settlement or compromise. Select Contracts' duty to indemnify the City shall survive the termination of this ENA. Section 3.6 Assignment. Select Contracts shall not assign its rights or responsibilities under this ENA, in whole or in part, except with the written consent of the City. Any attempted assignment without such prior written consent shall be invalid and void. Section 3.7 Governing Law. This ENA shall be governed by and construed in accordance with the laws of the State of California. Venue for any action between the Parties shall be exclusively in Santa Clara County, California. Section 3.8 No Third-Party Beneficiary. This ENA shall not be construed or deemed to be an agreement for the benefit of any third party or parties, and no third party or parties will have any claim or right of action hereunder for any cause whatsoever. Section 3.9 Entire ENA. This ENA constitutes the entire agreement of the parties regarding the subject matters of this ENA. Section 3.10 Counterparts. This ENA may be executed in counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same agreement. [Signatures Appear on Following Page] -6 IN WITNESS WHEREOF, this ENA has been executed, in duplicate, by the Parties on the date first above written. SELECT CONTRACTS: CITY: Select Contracts City of Gilroy By: By: ____________________________________ Name: Name: ______________________________________________ Title: Title: _______________________________________________ Date: Date: _______________________________________________ Attest: ______________________________ City Clerk Approved as to form:__________________ City Attorney