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FIFTEEN YEAR LEASE AGREEMENT : ) 1 . ' . , , AGREEMENT THIS AGREEMENT made and entered into on this "/1-,_ ~g day of 'f,,7\~ ,~V~. 19~ by and between the CITY OF CLEARWATER, FLORIDA, a municipal corporation, whose address is P.O. Box 4748, Clearwater, Flordia 34618, herinafter refe.rred to as "City", and the Chi Chi Rodriguez Youth Foundation Inc., a Florida non-profit corporation whose address is Post Office Box 1521, Largo, Florida, 34649, hereafter referred to as "FOUNDATION'. WITNESSETH: WHEREAS, the City is a municipal corporation owning and operating the Glen Oaks Golf Course in the City of Clearwater; and WHEREAS, the City has operated the eighteen hole par 55 Golf Course at Glen Oaks as a public facility through its Parks and Recreation Department; and WHEREAS, the Foundation is desirous of leasing Glen Oaks Golf Course from the City and operating it as an educational program and as a public course open to all citizens; and WHEREAS, the Foundation has financial resources and volunteer manpower to operate and to maintain Glen Oaks Golf Course; NOW, THEREFORE, in consideration of the premises and of the faithful performance by each of the parties of the covenants and agreements between each other made, it is mutually agreed between the two parties hereto as follows; 1. That for and in consideration of the sum of One Dollar ($1.00) per year and other good and valuable considerations, to it in hand paid, the receipt whereof is hereby acknowledged, and in future consideration of the covenants herein contained on the part of the Foundation to be kept and performed, the City does hereby lease, let and demise unto the Foundation the following described property located in Pinellas County, Florida: cO-; fU{~ O~ )/~~/f'J 1 c r) I?" '=< :";'. / :2 \_ ,v .....,--, ,Ie , .' 1 , ' I Legal Description Commence at the Northeast corner of the Southeast 1/4 of Section 15, Township 29 South, Range 15 East; thence run N 890 15' 59" W., 30.00 feet; thence run S 00 00' 21" E., 50.00 feet, to the point of beginning; thence run N 890 15' 59" W., 1300.68 feet; thence run S 00 04' 58" W., 1229.58 fee t; the nee ru n S 890 11' 25" E., 666. 36 fee t ; the nee run N 00 03' 11" E., 784.67 feet; thence run S 890 19' 00" E., 505.40 feet; thence run N 00 00' 21" W., 375.36 feet; thence run S 890 15' 59" E., 130.01 feet; thence run N 00 00" 21" W., 70.01 feet to the P.O.B. together with Lots 2 through 7, Block C, Druid Heights, as recorded in Plat Book 24, page 64, of the Public Records of Pinellas County, Florida. 2. The Foundation covenants and agrees through the life of this Agreement at all times to maintain and operate in good condition upon the said leased premises an eighteen hole golf course, which will be available to the general public at competitive fees. 3. The Foundation covenants and agrees that it will not use the leased premises for any purpose or purposes other than for charitable and educational purposes and such purposes to include the maintenance and operation of a golf course and other ancillary uses; that it will make no unlawful or offensive use of said premises, and that it will not assign this lease, sub-let any part of the leased premises or mortgage, transfer, hypothecate, pledge or dispose of said lease in any form or manner whatever without the prior written consent of the City. 4. The Foundation consents and agrees that it will not make any physical changes to or construct new permanent facilities on the leased property without first requesting and receiving written approval from the City. 5. The Foundation agrees to open the golf course to the public at hours similar to those established at other public courses in the Clearwater vicinity. 6. The Foundation agrees to sanction the formation of a "Glen Oaks Advisory Committee" which will be comprised of Glen Oaks golfers, a majority of which must be residents of the City of CI e a rw ate r. -2- J , !- I 7. The Foundation agrees to take into consideration "Advisory Committee" recommendations relative to the Foundation's operation of Glen Oaks Golf Course and to allow the "Advisory Committee" to recommend a schedule of reasonable golf fees. 8. The Foundation has purchased from the City golf course maintenance equipment listed in Exhibit A for a total sum of $26,055.00, and has agreed to pay said sum over a fifteen year period, at the rate of 7.15% interest annually with the principal paid on a declining balance. The Foundation has also agreed to pay the City $1,800.00 per year for each year said Golf Course is leased for a term not to exceed fifteen (15) years, including all extensions, beginning January 3, 1984, or a total of $27,000, which represents the City's material cost and approximate interest payments of the underground irrigation system installed at the course by City employees. Annual payments for the maintenance equipment and the irrigation system shall be made by the Foundation to the City in accord with the payment schedule attached as Exhibit B. 9. The Foundation covenants and agrees to make no unlawful, improper or offensive use of said demised premises nor to permit its use in any way to become a nuisance to other owners or users of property in its area. 10. The Foundation agrees to maintain the leased premises, including all drainage features, and improvements, and to keep the same in good repair during the term of this Agreement. The Foundation agrees that the City may enter upon the property for the purpose of performing drainage work, including the realignment and widening of Stevenson's Creek and its tributaries, provided that the Foundation is notified of the scope and intent of the improvements in advance. The Foundation agrees to deliver up the premises and permanent improvements at the termination of this Agreement in as good condition as they presently are or shall be at time of subsequent addition, ordinary use and acts of God excepted. -3- I I 11. The Foundation shall bear all costs of operating Glen Oaks Golf Course as a public facility and shall be responsible for and promptly pay all costs thereof and all costs of maintenance and repair throughout the term of this Agreement, including all utiliities. There shall be no expense chargeable to the City. The Foundation may retain fees and charges received for the operation of the golf course. 12. The Foundation agrees that any buildings and other improvements which are permanently affixed by the Foundation on the premises herein described shall become the property of the City at the expiration or termination of this Agreement. 13. The Foundation shall, prior to using said facilities, obtain at its own expense, purchase and maintain during the term of this agreement the insurance coverage set forth in Exhibit C attached hereto. 14. The Foundation agrees to pay any Federal, State or local taxes which may be levied on the leased property, or any improvements placed thereon, but it is agreed that the uses herein contemplated serve public and municipal purposes, and the parties in no way waive any exemptions permitted by law. 15. If at any time during the term of this Agreement or any extension thereof, the Foundation shall default in the performance of any obligations required hereunder, then the City of Clearwater shall furnish to Foundation written notice specifying such default and giving said Foundation thirty (30) days in which to correct said default or the Agreement shall terminate. If said default is not corrected within thirty (30) days after date of said notice, then the City shall have the right to terminate this Agreement and to immediately take possession of the said property and all improvements thereon shall become the property of the City. -4- 1 I 16. The Foundation, by September 1 of each year during the term of this Agreement, shall provide the City a copy of the Foundation's annual financial statement including a balance sheet and income statement relating to the Foundation's operation of Glen Oaks Golf Course. 17. The City, with reasonable notice to the Foundation, shall have the right to inspect the leased premises and to review the Foundation's financial records pertaining to the Foundation's op~ration of Glen Oaks Golf Course. 18. In the event that the Glen Oaks Golf Course is not returned to the City in as good a condition as it presently is, ordinary wear and tear and acts of God excepted, then the Foundation shall be liable to the City for all actual expenditures (for material and labor, including in-house) incurred by the City in returning the golf course to its present condition. The parties agree to designate an impartial person to inspect the Glen Oaks Golf Course at the time of execution of this Agreement. In the event of a dispute regarding this provision, a person designated by the City shall inspect the golf course at the time it is returned to the City, and his determination shall be conclusive and binding on both parties as regards the condition of the golf course. 19. The City and the Foundation agree that the term of this Agreement shall be for a five (5) year period from January 3, 1989, until January 3, 1994, and that it may be renewed for one (1) successive five (5) year period with approval of both parties. 20. Any notices provided for hereunder shall be sent by certified mail, return receipt requested, to the City, c/o City Manager, PO Box 4748, Clearwater, Florida 34618, and to the Foundation, c/o William Hayes, Post Office Box 1521, Largo, Florida, 34649. -5- " I I 21. The Lessor retains the right to terminate this lease for any municipal need consistent with the Lessor's charter; in additiont Lessor may terminate this lease when the State of Florida or any of its agencies or political subdivisions thereof acquire the demised property or any portion thereof for a public improvement. 22. Foundation agrees to operate and conduct the business covered by this Agreement in accordance with all applicable statutes of the State of Florida and the Charter and ordinances of the City of Clearwater, and agrees at its expense to purchase all necessary licenses and permits required by the State of Florida and City of Clearwatert including all sales taxes and other charges that might be assessed against the said business. IN WITNESS WHEREOF, the undersigned parties have set their hands and seals the day and year first above written. CITY OF CLEARWATER, FLORIDA -a~..~ By City Manager. Attest: (I' Ii . \ t ~~- , ......,. \4\~~ ....... Ciey Cl~~~ /':0-" , . -......(.2>......'..-/" :...__",_ . /' Approved at to form and correctness: CHI CHI RODRIGUEZ/ YOUTH " . . I , By /'/ / INC. Attest: Kat. d~ Secretary By Witnesses: ~~~- ~s- to - i Chi Rodriguez Foundation -6- I I EXHIBIT A Unit /I Description Original Cost Value 6800.11 Toro 3 gang mower (Tow Behind) $ 1,000.00 $ 200.00 " .21 Jacobsen Triplex (blown moto r) 3,578.00 300.00 " .37 1980 Yazoo 42" Rotary Mowe r 2,518.00 350.00 " .38 1980 Ford 3000 Tractor 8,711.00 6,000.00 " .40 1980 Jacobsen Triplex Mower 8,840.00 3,500.00 " .41 1980 Parker vacuum 1,020.00 350.00 " .43 1981 Cushman Truckster w/aerator 7,841.00 5,000.00 " .44 1981 Toro 3 gang mower-84" cut 11,600.00 6,000.00 " . 4 5 1981 Le ly Fertilizer-Spreader 980.00 400.00 tractor mounted " .46 Sarlo 260 Rotary mower-1982 621.00 200.00 " .47 1982 Lawnboy 22" Rotary Mower 266.00 130.00 " .48 2" Protex Pump 266.00 100.00 " .49 1977 Ford Courier pick-up truck 4,749.00 1,400.00 " .50 1983 Power Trim Edger 235.00 150.00 " .51 1983 Toro Weedeater 308.00 175.00 " .52 1983 Top Dresser for Cushman 1,881.00 1,800.00 54,414.00 26,055.00 'I I EXHIBIT B PAYMENT SCHEDULE TOTAL PAYMENT PER ADJUSTMENT PER ADJUSTED ORIGINAL AMORTIZATION CITY COMMISSION PAYMENT DATE OF PAYMENT SCHEDULE ACTION ON 2/21/85 SCHEDULE 1/03/85 7505.11 (7505.11) -0- 2/10/86 7233.26 (2494.89) 4738.37 2/02/87 6961.40 6961.40 1/28/88 6689.55 6689.55 9 6417.70 6417.70 1/03/90 6145.85 6145.85 1 5874.01 5874.01 2 1800.00 1250.00 3050.00 3 1800.00 1250.00 3050.00 4 1800.00 1250.00 3050.00 5 1800.00 1250.00 3050.00 6 1800.00 1250.00 3050.00 7 1800.00 1250.00 3050.00 8 1800.00 1250.00 3050.00 1/03/99 1800.00 1250.00 3050.00 TOTALS 61,226.88 -0- 61,226.88 ),." 'I I EXHIBIT C A. Insurance Coverage required: (1) Property Insurance - (Real property including improvements or additions) (a) Form - All Risk Coverage - Coverage shall be no more restrictive than that afforded by the latest edition of Insurance Services Office Forms CF0011, CF0013, CF0420, and CF1210. If available, sink hole insurance shall be included. If the provisions of Lessee's All Risk coverage do not exclude sink holes and the same is verified by the Lessor's insurance consultants, the Lessee shall be deemed to be in compliance with this paragraph. (b) Amount of Insurance - The full insurable value on replacement cost basis. (c) Flood Insurance - When buildings or structures are located within an indentified special flood hazard area, flood insurance shall be provided for the lessor of the total insurable value of such buildings or structures or the maximum of flood insurance coverage available under the National Flood Program. (d) The City of Clearwater, as Lessor, shall be named as an additional insured. (2) Boiler and Machinery Insurance - If the buildings or structures include boiler(s), pressure vessel(s), and/or air conditioning/heating equipment, Lessee shall maintain comprehensive insurance covering loss on the demised property including liability for damage to property of others. (a) Repair and Replacement (b) Amount of Insurance - $1,000,000 per accident (c) The City of Clearwater, as Lessor, shall be named as an additional insured. ~1_ 1 ^ . I Comprehensive General Liability - Coverage shall be afforded on a form no more restrictive than the latest edition of the Comprehensive General Liability Policy filed by the Insurance Services Office and shall include: (a) Minimum limits of $1,000.000 per occurrence combined single limits for Bodily Injury Liability, Personal Injury, and Property Damage Liability. (b) Premises and operations (c) Independent contractors (d) Products and completed operations (e) Personal injury coverage with employees and contractual exclusions removed. (f) Liquor law liability, if applicable (g) The City of Clearwater, as Lessor, shall be named as an additional insured. (4) Business Auto Policy - Coverage shall be affored on a form no more restrictive than than the latest edition of the Business Auto Policy filed by the Insurance Services Office and shall include: (a) Minimum limits of $1,000,000 per occurrence, combined single limits for bodily injury liability and property damage liability. (b) Coverage on all vehicles (owned, hired, and non- owned) shall be provided. (c) The City of Clearwater, as Lessor, shall be named as an additional insured. (5) Worker's Compensation - Coverage shall apply for all employees for statutory limits in compliance with the applicable State and Federal Laws. In addition, the policy must include Employers' Liability with a limit of $500,000 each accident. If the self-insured status of the Lessee is approved by the State of Florida, the Lessor agrees to recognize and accept same upon proof of such approval. -2- ~ ~ 1 I B. Other Requirements (1) Copies of insurance certificates for all insurance required by the agreement. (2) Copies of all insurance policies covering insurance required by agreement shall be furnished to the City Clerk of the City of Clearwater prior to use of said facilities. (3) Not Less than sixty (60) days notice of cancellation or restrictive modifications of any insurance policy providing the coverage required by this agreement. -3-