Loading...
LEASE AGREEMENT - PUBLIC GOLF COURSE AND GOLF TEACHING FACILITY '. ) } LEASE AGREEMENT THIS LEASE, made and entered into this ~ay of ~...~ , 2001, by and between the CITY OF CLEARWATER, Florida, a municipal corporation, hereinafter called the "City", and Clearwater Golf Associates, Inc., 401 Druid Rd. W., Clearwater, Florida 33756, hereinafter called the "Club". WHEREAS, it is the intent of the City and the Club to enter into a lease agreement for the premises described herein: NOW THEREFORE, in consideration of the foregoing and the mutual covenants contained hereinafter, IT IS AGREED AS FOLLOWS: GRANT OF LEASE & TERM 02-025435 JAN- 17-2002 4: 37PM PINELLAS CO BK 11793 PG 759 111111I11111111111111111111111I11111I11111111I1111 1. That for and in consideration of the covenants herein, the City does hereby lease to the Club, that certain real property located in the City of Clearwater, Florida, more particularly described in Exhibit "A" attached hereto and incorporated hereby by reference. The term of this lease shall be for a period of twenty (20) years, commencing March 1, 2002, and ending February 28, 2022, unless sooner terminated by the provisions hereof. RENTAL ( 2. The Club shall pay to the City as base rental for the premises $48,000 annually, plus applicable sales tax. The said rental payments shall be paid in advance to the City quarterly, beginning March 1, 2002. In addition, the Club shall pay to the City three percent (3%) of gross revenues in excess of $1.1 million annually. Payment is due at the submission of the annual report. As consideration of the Club's capital improvements described in Section 5 of this Agreement, the City agrees to relieve fifty percent (50%) of the base rental only for the first seven years of the Agreement. Beginning with the eighth year of this Agreement through termination, full base rent plus any additional rent will be due. LEASE NOT ASSIGNABLE WITHOUT CONSENT 3. It is expressly agreed between the parties that this lease shall not be assignable to any other person, firm or corporation without the express written consent of the City, which consent may be granted or denied in the sole discretion of the City. USE AS PUBLIC GOLF COURSE 4. It is understood between the parties that the real property which is the subject of this aEfse will. no)'be used in any manner other than as ~Ublip ~o/f f. o~r~ ~.,.n~ ~o~f ~achingfacility. URN TO .I ~ ~I I ' I _ hi, ql I 'a, CJrvClERK' ~I~ ! i i~, ! i j~I;~ 1 POST OFFICE BOX S~ ~: ~:~ ?:' ;. :.:: (? [':. "=~. '-, ,I :~; t: CLE 4748 LJ .) , '" ., L,,',_ l..,' ".'.( ,.,.' ARWATE CJ f;! c,\; ~!~.-- l:J ~: .... :.': :':;:,:.::( ,d.l R,FL33758.474i /1-(.:- oif:"'" c:j ~L. f-::~~c; jq.oo7-.oJ..'1'\ , '.....J . ~ J I IMPROVEMENTS PINELLAS COUNTY FLA. OFF.REC.BK 11793 PG 760 5. As a condition to this lease, the Club shall construct the following upgrades to the course and support facilities during the term of this lease in accordance to the schedule as noted: a) During the first year of this Agreement, the Club, at it's sole expense, will pave and stripe the existing parking and cart paths relating to the course. The paving may be either asphalt or concrete at the discretion of the Club. All work shall conform with all City codes, including landscaping. Approximate value $325,000. b) During the first year of this Agreement, the Club shall renovate all greens. Approximate value of $75,000. c) During the third year of this Agreement, the Club shall renovate and expand the existing clubhouse with meeting space available for the City and neighborhood meetings at no cost to the City for normal operating hours. Approximate value of $350,000. d) During the fourth year of this Agreement, the Club shall modernize the existing driving range, remove the maintenance shed and install a new maintenance shed. Approximate value of $300,000. The City must approve the design, site plan and construction of all facilities. Failure by Club to complete all improvements as described above shall be cause for termination of this lease. PROGRAMMING 6. As a condition to this lease, the Club must establish and construct the "John Huston" Golf School and Learning Center at the Golf Course during the first three (3) years of this Agreement. Elements of the school shall include, but are not limited to: a Junior Golf Academy, interactive tournaments and parent and child competitions. The City agrees through the Parks & Recreation Department to assist in marketing of the school. CLUB COVENANTS KEEP AND MAINTAIN A GOLF COURSE 7. The Club covenants that it will keep and maintain upon the real property an 18 hole public golf course, together with incidental improvements and will use, occupy and make available, as herein contemplated, such premises as a golf course and related facilities for pleasure, recreation and other purposes consistent with such golf course operation. During the term of the within lease and any extensions thereof, such golf course shall be operated and the facilities shall be open for usage during the normal hours of operation and fees of the same or similar facilities in the area; provided, however, that at reasonable times portions of such course may be closed for necessary repair and/or reconstruction and/or maintenance. The Club will 2 {1J I ~~.-;.. I 1 provide to current employees of the City of Clearwater use of the course during normal operating hours for a fee of seventy-five percent (75%) of the prevailing rate for that start time. USE AND CARE OF PREMISES PINELLAS COUNTY FLA, OFF. REC . BK 1 1793 PG 76 1 8. The Club covenants and agrees that it will, at all times, keep, maintain and operate such course and the facilities thereon, or in any way connected therewith, in a good and prudent manner to the end that such course shall be kept in good, playable condition. The Club agrees to keep and maintain, in good repair, all permanent improvements, such as buildings, and water systems, including the making of necessary replacements and/or repairs even though the making of such repairs and improvements shall extend the life of such facility or facilities beyond the expressed date of this lease. The Club agrees to solely use the City's strategic business partner for the distribution and resale of all beverages as outlined in the City's current Agreement with said partner. NO PERMANENT COURSE LAYOUT CHANGES WITHOUT WRITTEN CONSENT OF CITY 9. The Club covenants and agrees, no permanent change in the layout of the course shall be made except with the express written consent of the City. All the aforementioned duties of construction, repair, alteration or maintenance imposed by the within lease are and shall be separate expenses of the Club and shall never directly or indirectly be chargeable to the City nor in any way be a mechanic's or material-men's lien or charge upon any lands. LEASE TO BE RECORDED TO PROTECT CITY AGAINST MECHANICS LIENS 10. This instrument may be recorded in the public records of Pinellas County, Florida by City and all persons, firms or corporations whomsoever are called upon to take due notice of these limitations and the superior rights of the City herein. NO PERMANENT STRUCTURES TO BE REMOVED 11. No permanent structure, once constructed, shall be removed from the premises or materially altered except with written consent of the City and all persons, firms or corporations are expressly called upon to take due notice of the requirements of this lease. CITY RESERVED RIGHT TO UTILITY LINES, ROADS, ETC. 12. The City reserves at all times during the term of this Lease or any extension or renewal thereof the continuing right to utilize any portion of the leased premises for laying and maintaining utility lines or facilities, including roads, or other necessary rights of way, provided, nevertheless, the City shall use its best efforts to adopt such route or routes as will be reasonable and economically feasible to minimize interference with the purposes of this Lease. 3 .~ ($> I I PINELLAS COUNTY FLA. OFF.REC BK 11783 PG 762 BANKRUPTCY OR DEFAUL T,-------'---------- CITY HAS OPTION TO TERMINATE 13. Should the Club hereinafter be adjudged bankrupt or become insolvent or in any other way be financially unable to keep the covenants of this Lease, the City may at its option, terminate the lease, as though for breach of any other covenant. CLUB WILL PERFORM ITS OBLIGATIONS 14. The Club, in the performance of the covenants contained in this lease, shall at all times do or perform such acts or actions as shall be reasonably required by the context of this lease to fully perform its obligations hereunder, and shall, conversely, refrain from doing or permitting to be done any acts or actions which would jeopardize either its performance or ability to perform the covenants contained herein or the payment of rentals contemplated by the parties. INSURANCE, INDEMNIFICATION AND HOLD HARMLESS 15. The Club agrees to indemnify and hold the City and its employees harmless from and against any and all claims, demands, and causes of action or lawsuits of whatever kind or character arising directly or indirectly from this agreement or the performance hereof. This indemnity clause includes, but is not limited to, claims, demands, causes of action or lawsuits for damages or injuries to goods, wares, merchandise and property and for any bodily or personal injury or loss of life in, upon or about the property. The Club shall obtain at its own expense, and maintain during the term of this agreement, the insurance coverages set forth below: (a) Property Insurance - Real property including improvements or additions shall be insured. (1) Bmn - 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, at a reasonable cost, sinkhole insurance is to be included. If the provisions of the Club's All Risk Coverage do not include sinkholes and the unavailability of such coverage is verified by the City's insurance consultants, the Club shall be deemed to be in compliance with this paragraph. (2) Amount of Insurance - The amount of coverage shall be the full insurable value on a replacement cost basis. (3) Flood Insurance - When building or structures are located within an identified special flood hazard area, flood insurance shall be provided for the total insurable value of such buildings or structures or the maximum of flood insurance coverage available under the National Flood Insurance Program, whichever is less. 4 ((l I I (b) Boiler and Machinery Insurance - If the buildings or structures include boiler(s), pressure vessel(s), or' air conditioning/heating equipment, the Club shall maintain comprehensive insurance covering loss on the property including liability for damage to property of others. (1) Repair and Replacement. PINELLRS COUNTY FLR, OFF,REC,BK 11793 PG 783 --------~-- (2) Amount of Insurance - $1,000,000.00 per accident. (c) 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: (1) Minimum limits of $1,000,000.00 per occurrence combined single limits for bodily injury liability, personal injury, and property damage liability. (2) Premise and Operation. (3) Independent Contractors. (4) Products or Completed Operations. (5) Personal Injury Coverage with employees and contractual exclusions removed. (6) Liquor Law Liability, if applicable. (7) Golf carts or other golfing appurtenances, not owned by the Club but brought onto the property by others. (d) Business Auto Policy - Coverage shall be afforded on a form no more restrictive than the latest edition of the Business Auto Policy filed by the Insurance Services Office and shall include: (1) Minimum limits of $1,000,000.00 per occurrence, combined single limits for bodily injury liability and property damage liability. (2) Coverage on all vehicles (owned, hired, and non-owned). (e) Workers Compensation - Coverage shall apply for all employees for statutory limits in compliance with the applicable State and Federal laws. In addition, the policy shall include employer's liability with a limit of $500,000.00 for each accident. If the State of Florida approves the self-insured status of the Club, the City agrees to recognize and accept such status upon proof of such approval. (f) Other Requirements: 5 ,tJ I PINELLAS COUNTY FLA. OFF ,REC,BK 11793 PG 784 -------~._-_.-.,_.__.-"--------"--"-------'-_.-- (1) T~e City shall be named as an additional insured on all insurance policies required under this agreement. I (2) Copies of insurance certificates for all insurance required by the agreement, and copies of all insurance policies covering insurance required by this agreement, shall be furnished to the City Clerk of the City prior to the use of the property. (3) Not less than sixty (60) days notice of cancellation or restricted modifications of any insurance policy providing the coverage required by this agreement shall be required on all insurance policies. COMPLIANCE WITH EXISTING LAWS AND REGULATIONS 16. The Club agrees that in its use and occupancy of the leased property it will comply with all applicable laws, rules, regulations and ordinances of every governmental body or agency whose authority extends. to the leased property or to any operations conducted upon the leased property, whether or not such laws, rules, regulations or ordinances are mentioned herein. CLUB TO SUPPLY AUDIT BY C.P.A. 17. The Club agrees for determination of the cash rental to be paid hereunder that it shall at least annually, in each year of the term of this lease, at its own cost, furnish to the City a complete audit of its operations, prepared by a Certified Public Accountant, together with such interim accounts as may from time to time be requested. Such annual statement shall be furnished within thirty (30) days of the anniversary date of this lease. The Club shall further submit an annual report of course operation, including, but not limited to, rounds played, rounds played by Clearwater residents, status of co-sponsored programs, budget including expenses, revenue and capital expenditures. RIGHT OF ENTRY BY CITY 18. Employees of the City shall be afforded the right at all reasonable times to enter upon the leased property for the purpose of inspecting the leased property and the Club's other facilities. OBLIGATION TO PAY TAXES 19. The Club agrees to pay, any federal, state or local taxes which may be levied on the property or any improvements or uses placed thereon, but it is agreed that the uses herein serve a public and municipal purpose, and the partners do not waive any exemptions permitted by law. WRITTEN CONSENT OF CITY NECESSARY FOR ANY CHANGES 20. The Club must obtain City approval to remove, demolish, remodel, or replace any building or buildings on the leased land, or erect new structures thereon. 6 TERMINATION lpINELLRS COUNTY FLR, OFF. REC .8K 1 1793 PG_ ___~_~_____ I ----------- ~~~--'- 21. City may terminate this lease with thirty (30) days written notice to the Club if Club violates any provision of this lease or fails to cure any alleged default. City may also terminate this lease for any municipal purpose (other than a golf course) consistent with City Charter by giving 6 months written notice to Club. In the event the City terminates this lease for a municipal purpose then: a) City will reimburse the Club on a pro-rata basis for such authorized improvements. The percentage of reimbursement begins with one hundred percent (100%) on the date of commencement and declines on a pro-rata basis during each agreement year. The percentage listed below is the amount due to the Club for structural improvements authorized and approved by the City and is limited to the amounts stated in this Lease Agreement unless otherwise modified with the consent of both parties. b) The Club must submit paid written reports of all improvements within thirty (30) days of completion of said improvements. City shall have the right to inspect all improvements. Years 0-4 4-5 5-6 6-7 7-8 Reimbursement of Club Improvements 100% of Club Improvements 80% of Club Improvements 60% of Club Improvements 40% of Club Improvements 20% of Club Improvements c) Any claim for reimbursement must be approved by the City Commission. Upon reimbursement, Lessee shall release all claims against Lessor arising out of this Agreement, and Lessee shall have no further claim on said Premises. HOLDOVER AFTER TERMINATION ON MONTH TO MONTH BASIS 22. If the Club, with the consent of the City, continues in possession of the leased property after expiration of the term of this lease, then the Club will be deemed to be holding the leased property on a month to month tenancy subject to all of the other provisions of this lease, but such tenancy by sufferance of the Club shall not be construed as a waiver of any right hereunder conferred upon the City. FAILURE TO ACT BY CITY NOT A WAIVER 23. Failure of the City to insist upon performance of any covenant hereunder shall not be deemed to be a waiver of the right to insist upon full performance at any subsequent time. 7 f1\ I PINELLAS COUNTY FLA, . I OFF ,REC.BK 11783 PG 7SS . AMENDMENTS MUST BE IN WRITING 24. Any additions or modifications to this lease shall be in writing and shall be executed by both parties, and no oral agreement shall be effective to change or modify the terms of this lease. IN WITNESS WHEREOF, the parties have executed and delivered this Agreement the day and year first above written. By: By: Signed: CITY OF CLEARWATER, FLORIDA Brian J. Aung Mayor-Commissioner John arassas Assistant City Attorney 8 ,,gO t .. I I PINELLAS COUNTY FLA, OFF.REC.8K 11783 PG 767 . ' ------------.--- ---- Exhibit "A" Commence at the center of Section 12, Township 29 South, Range 15 East: thence N89019'10"W, 50.00 feet to a point on the West right of way line of Hercules Avenue; thence SOooI6'59"W, along said West right of way line 1,489.39 feet to the North right of way of Gilbert Street, thence N89020'18"W along said North right of way line 375 feet; thence NOooI6'59"E, 160.46 feet; thence N89020'18"W, 200.84 feet to the Point of Beginning; thence N25013'17"W, along a line 135 feet West of and parallel to the centerline of the Clearwater Airpark 3,425.58 feet; thence N89021 '07"W, 602.36 feet; thence SOoo13'07"W, 2,159.40 feet; thence East, 547.38 feet; thence SOo023'02"E, 928.95 feet; thence S89020'18", 1,527.86 feet to the point of beginning. Less all existing right of way for Keene Road, less property described in O.R. 11494, page 830-845, and less 60 feet for Airport Drive along the South boundary of this described tract. I.Jl