EIGHTH AMENDMENT TO LEASE AGREEMENT
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EIGHTH AMENDMENT TO LEASE AGREEMENT
THIS Amendment is made and entered into on ~-c); g , 2000,
between the CITY OF CLEARWATER, FLORIDA, a municipal corpora{ion, hereinafter
"City" and CHI CHI RODRIGUEZ, YOUTH FOUNDATION, INC., a Florida non-profit
corporation, hereinafter "Foundation".
WHEREAS, City and Foundation agree to amend that lease agreement between
the two parties dated November 12, 1985.
NOW THEREFORE, the parties agree as follows:
1, Term - Both parties agree to extend the term of the lease agreement for 15
years beginning November 13, 2010 and ending November 12, 2025.
2. Mutually Aqreed Upon Rent - Both parties agree that as a condition to such
extension, the Foundation agrees to pay City three percent (3%) of its gross revenues for
the McMullen Booth complex annually as mutually agreed upon rent, beginning at the
time that a Certificate of Occupancy is issued for the new "Glen Oaks" Golf Course
Clubhouse which will be constructed by the City, Foundation agrees to pay sales tax
applicable to such mutually agreed upon rent. Gross revenues include but are not limited
to green fees, cart fees, food, beverages, and merchandise sales, equipment rental,
clubhouse rental, and any other revenues. For the purposes of this lease donations to the
Foundation are not considered revenue and are exempt from this provision.
3. All other terms and conditions of the lease agreement and amendments
shall remain in full force and effect.
IN WITNESS WHEREOF, the parties have executed this Agreement the day
and year first above written.
CHI CHI RODRIGUEZ,
YOUTH FOUNDATION, INC.
CITY OF CLEARWATER
By:
By
William C, Hayes
President
M chael J, Roberto
City Manager
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Continuation of signature age to Eighth Amendment to Lease Agreement between City
of Clearwater, Florida a Chi Chi Rodriguez, Youth Foundation, Inc.
By:
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Brian J. Au st
Mayor-Commissioner
ATTEST:
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~Cynthia E. Goudea
City Clerk .
Approved as to form:
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. 0 n Carassas
Assistant City Attorney
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