Loading...
HomeMy WebLinkAboutAgreement - Gilroy Golf Course, Inc. - 1st Amendment - Golf Course Services - Signed 2022-06-09 4885-5914-7809v2 SSCORDELIS\04706083 AMENDMENT TO AGREEMENT FOR GOLF COURSE SERVICES THIS AMENDMENT TO AGREEMENT FOR GOLF COURSE SERVICES (this “First Amendment”), by and among the CITY OF GILROY, a California municipal corporation (“City”), and GILROY GOLF COURSE, INC., a California corporation (“Operator”), is entered into as of June 6, 2022, but made effective as of December 31, 2021. Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in that certain Agreement for Golf Course Services, effective July 1, 2017 (the “Agreement”), by and between the City and Operator. RECITALS WHEREAS, the City and Operator entered into the Agreement, whereby the Operator provides golf course services by operating and maintaining the Gilroy Golf Course; and WHEREAS, the Agreement had an initial term of five years, from July 1, 2017 through June 30, 2022; and WHEREAS, the Agreement provides in Article 2(c) that the Operator may elect to extend the term of the agreement for up to three (3) additional five (5) year terms, to a maximum of twenty (20) years; and WHEREAS, Operator desires to exercise its first Option (as defined in Article 2(c) of the Agreement), and City and Operator desire to memorialize such exercise, subject to the terms and conditions stated herein. NOW, THEREFORE, FOR GOOD AND VALUABLE CONSIDERATION, THE RECEIPT AND SUFFICIENCY OF WHICH ARE HEREBY ACKNOWLEDGED, THE PARTIES AGREE TO AS FOLLOWS: 1. Incorporation of Recitals. The foregoing recitals are agreed to, accepted and incorporated herein by reference. 2. Extended Term of Agreement. Operator hereby exercises its first Option, and as a result of such exercise, (A) the term of the Agreement is extended, and will now expire June 30, 2027 (unless earlier terminated or extended pursuant to the terms and conditions of the Agreement), and (B) Operator has two (2) remaining Options to extend the term of the Agreement for a period of five (5) years each, subject to the terms and conditions of the Agreement. 3. Counterparts. This Amendment may be executed in one or more facsimile or original counterparts, each of which shall be deemed an original and both of which together shall constitute one and the same instrument. 4. Ratification. All other terms and provisions of the Agreement shall remain in full force and effect. 5. Authorization. Each party executing this Amendment represents and warrants that it is duly authorized to cause this Amendment to be executed and delivered. DocuSign Envelope ID: 3B9FE71C-A7E9-4F15-AE50-0C9905B67CC7 4885-5914-7809v2 SSCORDELIS\04706083 IN WITNESS WHEREOF, the parties execute this Amendment to Agreement for Golf Course Services as of the date first written above. OPERATOR: CITY: GILROY GOLF COURSE, INC., a California corporation CITY OF GILROY a municipal corporation By: _________________________________ By: _________________________________ Don De Lorenzo Owner Jimmy Forbis City Administrator Approved as to Form ATTEST: By: _________________________________ By: _________________________________ City Attorney City Clerk DocuSign Envelope ID: 3B9FE71C-A7E9-4F15-AE50-0C9905B67CC7