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LEASE AGREEMENTr LEASE AGREEMENT THIS LEASE, made and entered into this,90 day of 6Dc.Q_ , 2011, by and between the CITY OF CLEARWATER, a municipal corporation of the State of Florida, hereinafter called the "City", whose address is Attn: Parks and Recreation Director, Post Office Box 4748, Clearwater, Florida 33758-4748, and THE CLEARWATER GOLF CLUB, LLC., a Florida limited liability corporation, hereinafter called the "Club", whose address is 525 Betty Lane North, Clearwater, Florida 33755. WHEREAS, the City owns the golf course located at 525 Betty Lane North, Clearwater, known as the Clearwater Country Club ("Leased Premises"); and WHEREAS, the City desires to lease out the operation and maintenance of the course to a third party for the recreational enjoyment and benefit of Clearwater citizens and the general public; and WHEREAS, Clearwater Golf Club, L.L.C. is in the business of operating golf courses and has demonstrated success in doing so. NOW THEREFORE, in consideration of the foregoing and the mutual covenants contained hereinafter, the parties hereby agree as follows: RECITALS, GRANT OF LEASE TERM DESCRIPTION 1. The foregoing recitals are true and correct and are incorporated in and form a part of this Agreement. That for and in consideration of the covenants to be kept and maintained by the Club and the mutual benefit to the parties, the City does hereby lease and let unto the Club, its successors and assigns, subject to the terms and conditions hereinafter set forth, that certain real property located in the City of Clearwater, Florida, more particularly described in Exhibit "A" ("Golf Course Parcel") and Exhibit "B" (Clubhouse Parcel") attached hereto and incorporated hereby by reference. The term of this lease shall be for a period of twenty (20) years, commencing May 1, 2011 and ending April 30, 2031, unless sooner terminated by the provisions hereof. LEASE/SUB-LEASE NOT ASSIGNABLE WITHOUT CONSENT 2. 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. It is expressly agreed between the parties that any sub-lease of the building or property be approved by the City, which consent may be granted or denied in the sole discretion of the City. USE AS PUBLIC GOLF COURSE 3. It is understood between the parties that the real property, which is the subject of this lease, will not be used in any manner other than as a public golf course, banquet and restaurant facility. CLUB COVENANTS TO KEEP AND MAINTAIN A GOLF COURSE 4. The Club covenants that it will keep and maintain upon the real property an 18 hole golf course and clubhouse, 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 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. CAPITAL IMPROVEMENTS 5. As a condition precedent to the continuation of this lease, and the right of the Club to remain in occupation of the Leased Premises, the Club shall construct the following upgrades to the course, clubhouse and support facilities during the term of this lease in accordance to the schedule as noted: a) During the first year of this lease the Club, at its sole expense will: 1) Renovate the irrigation systems, pumps, motors, OSMAC to bring it up to first class golf course standards. Approximate value of $100,000. 2) Renovate all bunkers and greens to improve drainage. Approximate value of $50,000. 3) Renovate the driving range to include new landscaping, sod and artificial turf. Approximate value of $50,000. 4) Renovate parking lot to include new landscaping and resurfacing, Approximate value of $50,000. b) During the second year of this lease the Club, at its sole expense will: 2 1) Renovate Clubhouse including dining and public areas. Approximate value of $175,000. 2) Renovate and upgrade mechanical system for all buildings. Approximate value of $160,000. c) During the third year of this lease the Club, at its sole expense will: 1) Replace two pedestrian bridges. Approximate value of $75,000. 2) Replace and renovate cart paths. Approximate value of $75,000. 3) Construct new maintenance building of 5,000 sq. ft. Approximate value of $175,000. d) During the fourth year of this lease the Club, at its sole expense will: 1) Renovate or replace restrooms on course. Approximate value of $40,000. 2) Upgrade course maintenance equipment. Approximate value of $200,000. All such renovations and construction shall be made in accordance with plans submitted to and approved by the City. Said plans shall be submitted with reasonable time to allow for the City's review. Failure to complete the renovations as planned shall be a material breach of this Lease for which the City may immediately terminate the Lease and re-enter the property in accordance with Florida law. CURRENT MEMBERSHIPS 6. Any golf memberships existing at the inception of this Lease shall be honored until such time as said membership naturally terminates by expiration or as otherwise provided for in accordance with the membership's original terms and conditions. AVAILABILITY OF GOLF TO THE PUBLIC 7. The Club, in its operation of the course shall, at all times, subject to reasonable rules and regulations common to other similar facilities in the area, make such course available to the public who are not paid members of the Club upon payment of reasonable green fees. The Club will, at all times, conduct its operation in such a manner as will be conducive to greens fee play and will undertake any and all reasonable acts to insure that the public is aware that such course is available for greens fee play and will make reasonable efforts to see that the prevailing atmosphere at the Club will be such that greens fee players will feel welcome to use the facility. The provisions of this paragraph shall be a material part of this lease. 3 GREENS FEE PLAYERS RIGHTS AND OBLIGATIONS 8. The City recognizes the right of the Club to require greens fee players to comply with rules and regulations as prescribed for members. Failure of greens fee players to comply with established rules and regulations may, at the discretion of the Club management result in loss of playing privileges. Any complaints resulting from a loss of playing privileges or relating to play by greens fee players shall be referred to the City's Director of Parks and Recreation for appropriate review and action. CLUB FACILITIES AVAILABLE TO GREENS FEE PLAYERS 9. The Club agrees to make the Clubhouse food, drink and restroom/locker room facilities available to greens fee players on the day of play to the same degree that such facilities are available to Club members. Greens fee players will be charged for food and beverages on the same basis as members are charged and shall be treated as a member for the day of play during the hours that the appropriate facilities are open. Nothing in this provision shall give any non-member use of the Club facilities for social events or entitle any such person to the use of the available facilities after the course has been closed for play. The Club agrees to make Clubhouse and facilities described herein available to the City for City sponsored events, based upon availability. USE AND CARE OF PREMISES 10. 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 reasonable standards and condition of the course generally in substantially the same condition as similar facilities in accordance with accepted golf industry standards; that it will 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. Club and City Parks and Recreation Director shall meet as needed to review the scheduling and progress, and any other matters related to the capital improvement program set out herein, to be implemented by the Club. The City reserves the right, in its sole discretion, to make such capital improvements as it deems necessary or beneficial to preserve its asset or to serve its constituency, however, the City shall have no obligation whatsoever to do so. 4 11. [This paragraph intentionally deleted.] NO PERMANENT COURSE LAYOUT CHANGES WITHOUT WRITTEN CONSENT OF CITY 12. The Club covenants and agrees that no permanent change in the layout of the course shall be made except with the express written consent of the City, which the City may grant or withhold in its sole discretion. All duties of construction, repair, alteration or maintenance imposed by this 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 materialmen's lien or charge upon any lands. In the instance that a mechanic's or materialmen's lien is placed on the Leased Premises in violation of this provision, the Club shall cause such lien to be discharged within thirty (30) days or the City may declare a material breach of the Lease, terminate the Lease, or seek other security (monetary or otherwise) from the Club to satisfy the lien. LEASE MAY BE RECORDED TO PROTECT CITY AGAINST LIENS 13. This instrument may be recorded in the public records of Pinellas County, Florida, 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 14. 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 DRAINAGE, UTILITY LINES, ROADS, ETC. 15. The City, on its own behalf, and on behalf of other applicable governmental agencies, 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 drainage, laying and maintaining utility lines or facilities, including roads, railroads, 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. 5 BANKRUPTCY OR DEFAULT, CITY HAS OPTION TO TERMINATE 16. 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, and re-enter and re-take the Leased Premises. CLUB WILL PERFORM ITS OBLIGATIONS 17. 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. RENTAL 18. Commencing May 1, 2011, the Club shall pay annually to the City, as rental for the premises and the City agrees to accept three percent (3.00%) of the gross revenues plus applicable sales tax, and any other taxes applicable to the Club's occupancy, such as personal property taxes or ad valorem taxes. The term "Gross Revenues" as used in this Lease is defined as the total amount of actual gross revenues received by the Club, its assignees, subtenants, concessionaires or licensees (as applicable) for all merchandise sold or services performed in or from the Leased Premises, whether for cash or other consideration or on credit; excluding discounts or allowances made to customers for which no payment is received by the Club and the amount of any tax payable by reason of such sales or service under applicable tax law, which taxes are billed as a separate item by the Club to the purchaser. Gross Revenues shall include, but not be limited to: golf and social membership dues and initiation fees; green fees; cart fees; food, beverage, and merchandise sales; clubhouse rental; and any other revenues. Said rental payment shall be continued in the same amount unless modified in writing by the parties following extension negotiations. The said rental payments shall be paid to the City not later than thirty (30) days after the close of the Club's fiscal year, which payment shall be pro-rated as necessary in the first year. The disposition of remaining funds will be at the discretion of the Club. PROPERTY OWNERSHIP -- PERSONAL AND REAL AND OPERATION AND MEMBERSHIP REQUIREMENTS 19. Facility and Personal Property Ownership. The City shall at all times retain ownership of the Facility, including but not limited to real estate, fixtures, furniture, all personal property existing on the Premises as inventoried at the inception of this 6 Agreement as City Property ("City Property"), attached hereto as Exhibit "C", including any and all improvements made during the term of this Agreement. Club shall report to City any purchases of equipment which become City Property during the Lease Term expensed, costing in excess of One Thousand Dollars ($1,000.00) and which have a useful life in excess of one year. Such items shall be tagged as fixed assets in accordance with, and as required by Florida law. The City retains the right, at all times, and upon expiration of this Agreement, to inventory all assets of the facility upon reasonable notice. The Club shall notify the City of such purchases and as to any losses of City Property. The City Property shall remain the property of the City and shall be returned to the City when no longer needed for the operation of the Facility. Club to secure and provide golf carts and lawn maintenance equipment. The Parties hereto expressly agree that it is the sole responsibility of the Club to secure and provide a fleet of golf carts sufficient for operations and lawn equipment sufficient for the appropriate maintenance levels of the Golf Course. Facility Funding. The Facility shall be funded as follows. The Club shall pay all items of expense for the operation, maintenance, supervision and management of the facility. The City shall not be responsible for any contribution or expenses related to, or resulting from the operation of the golf course, related facilities or costs or expenses otherwise arising out of this Agreement. Other than as expressly provided for herein, in no instance shall the City incur expenses or provide a subsidy to the Club. In the case of operating losses, the Club shall pay for and absorb all losses. If in any instance, payment is demanded of the City or the City must make payment for operating expenses in order to preserve its Property, the City shall have the absolute right to recover such expenses from the Club, including all rights and remedies as provided by law. Fiscal Responsibility/Reporting. The Club agrees to maintain separate and independent records in accordance with generally accepted accounting principles, devoted exclusively to the operations in connection with its management of the Facility. Such records shall contain all entries reflecting business operations of the Club under this Agreement. The City is authorized and shall have the right to audit and inspect such records from time to time during the Term, upon reasonable notice to the Club and during the Club's normal business hours. Sales taxes, permits and licenses. The Club shall be responsible for the payment of all appropriate sales taxes to conduct activities on the Golf Course property. The Club shall be responsible for all permits and licenses necessary for conduct of the sales activities or any permission to conduct activities at the Facility, including health department or other regulatory agency approvals. Any violation of the licensing requirements, health requirements or any other requirements of any other regulatory or law enforcement agency shall be deemed sufficient cause to create a default hereunder, which default must be remedied within a reasonable time using all due diligence by the Club. In addition, Club shall pay to governmental agencies all 7 applicable ad valorem taxes, usage fees, taxes of any kind or other charges or monetary impositions on the Golf Course Property and does hereby fully save and hold harmless and indemnify the City for the payment thereof. Agreement Monitoring. Each Party shall appoint a contract administrator to which all applicable reporting shall be made, and who shall monitor the party's compliance with the terms of this Agreement. The Contract Administrators are as follows. Nancy Oakley City of Clearwater 100 Myrtle Street Clearwater, Florida 33756 Mr. Greg McClimans 525 N. Betty Lane Clearwater, Florida 33755 Memberships/Facilities. The Club agrees to operate the Clubhouse and related facilities located on the properties described in Exhibit "B" as a private facility subject to the right of greens fee players to use the food, beverage, and rest room facilities during the day such players are using the course as further outlined hereinafter. The Club covenants that membership in the Club, either social or golfing, will be made available to the public. The Club, however, in accepting applications for membership and admitting a member will be subject to the following guidelines and restrictions: a) For golfing and social membership, priority on a waiting list shall be given to residents of the City who are applicants. If no City resident is on the waiting list for an available membership, the said membership may be offered to the general public. b) Membership shall be without discrimination based on race, religion, sex, age or national origin or other category or class of persons prohibited by law. c) The Club's By-Laws will conform to these membership requirements and such By-Laws shall be continued during the term of this lease. d) A violation of these covenants by the Club shall constitute a material default under the terms of this lease. INSURANCE, INDEMNIFICATION AND HOLD HARMLESS 20. 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, or its occupancy of the Leased Premises. This indemnity clause includes, but is not limited to, claims, demands, and 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. This provision shall survive termination of this Agreement and shall not be limited by the amount of any insurance required to be obtained or maintained under this Agreement. The City shall have the right, at its option, to participate in the control of any defense of any third party claim without relieving the club of any of its obligations hereunder. The Club shall obtain at its own expense, and maintain during the term of this agreement, the insurance coverages set forth below: (1) Property Insurance - Real property including improvements or additions shall be insured. 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 CH 210. If available, 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. b. Amount of Insurance - The amount of coverage shall be the full insurable value on a replacement cost basis. c. 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. (2) 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 included liability for damage to property of others. a. Repair and Replacement. b. Amount of Insurance - $1,000,000.00 per accident (3) Comprehensive General Liability - Coverage shall be afforded on a form no more restrictive that the latest edition of the Comprehensive General Liability policy filed by the Insurance Services Office and shall include: a. Minimum limits of $1,000,000.00 per occurrence combined single limits for bodily injury liability, personal injury, and property damage liability. 9 b. Premises and Operation. b. Independent Contractors. C. Products or Completed Operations. d. Personal Injury Coverage with employees and contractual exclusions removed. e. Liquor Law Liability, if applicable. f. Golf carts or other golfing appurtenances not owned by the Club but brought onto the property by others. (4) 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: a. Minimum limits of $1,000,000.00 per occurrence combined single limits for bodily injury liability and property damage liability. b. Coverage on all vehicles (owned, hired, and non-owned). (5) 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 self-insured status of the Club is approved by the State of Florida, the City agrees to recognize and accept such status upon proof of such approval. (6). Personal Property - The City shall not insure or self-insure loss to personal property of the Club. The Club understands that it is solely responsible for such losses regardless of cause. Other Requirements. (1) The City shall be named as an additional insured on all insurance policies required under this agreement. (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. 10 (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 21. 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. ACCOUNTING, CLUB TO SUPPLY AUDIT BY C.P.A. 22. The Club agrees at all times to keep and maintain accurate records of all business transactions and sales made in and from the Leased premises and to allow City, at all times during reasonable business hours, through the City's duly authorized agent, attorney, or accountant, to inspect and make copies of all business records to insure stewardship of City property and in order to comply with law, specifically, Chapter 119, Florida Statutes. The Club agrees that in determining the cash rental payment to be paid hereunder, and for purposes of auditing and assurance of the proper stewardship of the City asset, 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 after the end of the Club's fiscal year. The Club shall further submit to the Parks & Recreation Director an annual report of course operations. RIGHT OF ENTRY BY CITY 23. Agents of the City shall be afforded the right at all reasonable times to enter upon the leased property for the purpose of inspecting and/or preserving the leased property and the Club's other facilities. OBLIGATION TO PAY TAXES 24. 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 parties do not waive any exemptions permitted by law. NO ENCUMBRANCE ON LEASED PROPERTY AND WRITTEN CONSENT OF CITY NECESSARY FOR ANY CHANGES TO PROPERTY 11 25. The Club shall not enter into any loan, mortgage or other agreement obligating any portion or all of the Leased Premises thereby creating debt or encumbrance on the Leased Property or related facilities. This covenant is a material condition to the City entering into this Lease. Club must get City approval which shall not be unreasonably withheld to remove, demolish, remodel or replace any building or other structure on the leased land or land owned by the Club. In no instance shall the Club remove City-owned personal or other property from the Leased Premises. CLUB'S RIGHT TO CURE ANY ALLEGED DEFAULT WITHIN 30 DAYS OF WRITTEN NOTICE 26. A default in the performance of a promise, covenant, or obligation shall constitute a breach of this lease; provided, however, that such default shall not constitute such breach as to terminate this lease until and after the Club fails to cure or to take reasonable measure to cure such default within thirty (30) days after written notice of default has been served upon the Club. This cure period may be extended should said cure require more than thirty (30) days, so long as the Club initiates the cure within the thirty (30) day cure period and pursues diligently to completion. The City may re-enter and take possession of the Leased Premises immediately if said Default is not cured within the time provided, and take any action deemed necessary, in the City's sole discretion, in order to preserve its assets, including the appointment of a third party operator TERMINATION 27. 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 consistent with City Charter by giving one (1) year written notice to Club. HOLDOVER AFTER TERMINATION ON MONTH TO MONTH BASIS 28. 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 12 29. 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. AMENDMENTS MUST BE IN WRITING 30. 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. RADON GAS 31. In accordance with the provisions of Section 404.056(5), Florida Statutes (1989), as amended, the Club is hereby informed as follows: RADON GAS: Radon is a naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from you County public health unit. DAMAGE OR DESTRUCTION OF PREMISES 32. In the event of partial or total destruction of the Leased Premises, the City may, at its option, make such repair as necessary within ninety (90) days (or longer should said repair require a longer timeframe, so long as said repair is initiated within ninety (90) days and diligently pursued to completion), in which case the Lease shall remain in full force and effect and the Club shall be entitled to a proportionate reduction in rent while the repairs are being made. If the City does not elect to make repairs, the Lease may be terminated by either party. CONDEMNATION 33. If the whole or any part of the Leased Premises shall be taken by any lawful authority under the power of eminent domain, then this Lease shall thereupon terminate and the Club shall be liable for rent only up to the date of such taking. NOTICES 34. All notices provided for herein shall be deemed to have been duly given if and when deposited in the United States Mail, properly stamped and addressed to the respective party to be notified, as set out above, or when hand delivered or delivered as evidenced by receipt by overnight courier. HAZARDOUS MATERIALS 13 35, The Club represents to the City that to the best of its knowledge at the commencement of this Lease, the Golf Course Property is in compliance with all federal, state and local laws, regulations and standards relating to the use, occupancy, production, storage, sale, disposal or transportation of any hazardous materials, including oil petroleum products or their derivatives, solvents, PCB's, explosive substances, asbestos, radioactive materials or waste and any other toxic, ignitable, reactive corrosive, contaminating or polluting materialism ("Hazardous Substances"), which are now subject to any governmental regulations. The Club shall promptly give the City written notice of any investigation, claim, demand, lawsuit or action by any governmental or regulatory agency or private party involving the Golf Course Property and any hazardous substances or environmental law of which the Club has actual knowledge. If the Club learns, or is notified by any governmental or regulatory authority that any removal or other remediation of any hazardous substance affecting the Golf Course Property is necessary, the Club shall promptly take all necessary remedial actions in accordance with applicable environmental laws. The Club shall remain responsible for all liabilities, damages, claims, penalties, fines, settlements, cause of actions, cost or expense, including reasonable attorney's fees, environmental consultant fees and laboratory fees and costs and expenses of investigating assigned to it under Florida Statutes, Federal Statutes or administrative regulations, or local law resulting from or attributable to: a. The presence, disposal, release or threatened release of any hazardous substance that is on, from or effecting the Golf Course Property, including the soil, water, vegetation, buildings, personal property, persons, animals, or otherwise; or b. Any personal injury, including wrongful death, or property damage, real or personal arising out of or relating to the hazardous substance; or c. Any lawsuits or administrative action brought or threatened, settlement breached or governmental order relating to the hazardous substance; or d. Any violation of any laws applicable to the hazardous substance, for which the Club is responsible under this paragraph. The City shall have the same obligations as set forth herein for the Club regarding any hazardous substances that it brings upon the Golf Course Property. The Club and the City's obligations under this paragraph shall survive the expiration or termination of this Lease. It is the intent of the parties to this Lease to provide a mutuality of obligation regarding hazardous substances or hazardous wastes brought upon the Golf Course Property or discharged from the Golf Course Property and it is the intent of this paragraph that the 14 responsible party shall be totally responsible for the remediation action appropriate arising from hazardous substances that it brings upon the property. Nothing herein shall waive any of the sovereign immunity protection of the City as set forth in Section 768.28 F.S. nor give any third party any rights hereunder. VENUE 36. Venue. The sole venue for any litigation arising from the tems of this Lease shall be exclusively in the Circuit Court of Pinellas County, Florida. BINDING EFFECT 37. This Lease shall be binding upon the parties hereto and upon all persons deriving title by, through or under the said parties and upon their assigns and successors. SOVEREIGN IMMUNITY 38. Nothing in this Agreement shall waive or diminish the City's sovereign immunity. Nothing in this Agreement shall extend the City's liability beyond the limits established in Section 768.28 Florida Statutes or any of the liability limits set forth in Florida Statutes. Nothing herein shall be construed as consent by either party to be sued by third parties in any matter arising out of this Agreement. No third party shall have any rights or obligations pursuant to this Agreement. IN WITNESS WHEREOF, the parties have executed this Agreement the day and year first above written. THE CLEARWATER G F CLUB, LLC CITY OF CLEARWATER B B .3 I reg McClimans, President William B. Horne, II City Manager r By: By: Rebe ca McClimans, Secretary/Treasurer Frank V. Hibbard Mayor rye ATTEST: kz,m 0 q - Rosemarie Call 15 City Clerk != o form: ?, ?A? Laura Lipowski Mahony Assistant City Attorney 16 0 0 l:x)111111? A Tic Ilurtlie:?:st 1/4 of tuo Soulhcasst 1/4 of 'Section 10, Tuwnship 29 $ohtl?, Rant;e 15 Lind, less L'Ise 11csL 5 feet, lase rise North 15 feet, less -the povemst?•tt and curb of H-111.10 Street and Illllereut NCjve lying wi`rlsin rise South 30 fact, of the East 30 feet tend less the Seaboard System Railroad rl-uht-of-way. Totetl•iet with tl?e Sosxtl?csust 1/4 of the Southeast 1/4 of sold SoCL•ia:t 10, less the South 1.209 fact m.'u..1. u[ Lite F.nst 30 fea.ti lens L'hc pavement aarl curb of llillcreat privet l.yllsl; within the North 120 feet of the East 30 foot, lesa.the South 33 feet, and less the West 17 feet, Together with the Northwest 1/4 of the nutlswCat 114 of 5ectlun 11, Tuwushipf 2$ South, linage 15 East, less Lite Ebst 1234 Lett n?.o•.1- of-the South 30 feet, less the pavement and curb of Flaple Street l.ylug Wltl?in the West 90 feet of the South 30 feet, less Lhe East 50 feet, 1cni tl?e Ilortlr 15 fact, nt?d less the Seaboard System Railroad right-of-way. Less and except Ilillcrest Addition Subdivision as recorded in Plat Doi& 14.. page 49, of the Public Records of Plaellas County, Florida. Less slid except the £.ollowkng described tract: commence at. the Nor•thensit 4Ivrngr of Lot 11 of said 11'illtrest Additions thence run cleat along tale North line, i nc of rnld 11111crest Addition 20 feet to tl?e point of beginnings thence west, along sald Nortll line 100 feetl thence run North, along a lisle parallel Lo the East lJne of sold Ilillcrest Addition, 250.5 feel'.; thence ruq Northeant'erly, 1.54.92 feet, to a point on a line 360 fart: North of still parallel td the 14orth 11rse. of said Ilillcresst Addition; thence run. Cant, olong najd line 69 feet, to Ulu Vest' right-of=way line of Highland Avenue; thence run South, along Spid Went rlght-of-wall line, 360 feet to Lite point of beglnni.mg. Less bad oxccpt the following described tract; begin at'the Southwest car:oer of l.o•t 4 of said Ilillcrest Addition; thence run North along the Wesr.line of lral.d llllicrext Addltlon, 40.2.5 feet; thence run Southwesterly, 741.1 feet, to a puint on a line 647 feat West of and parallel to the West- line•Of sold Ilillcrest Addition; thence run South, along said line, 41 feet to, tile Novell right-of-way line of Maple Street; thence rum East,, along. said North right-of-way line, 647 feet to the point pf beginning. Less and except tlse following described trace: commence at the intersect.iot: of the centerline o[ rile Seaboard System Railroad tight-o;-way and the centerline of ha tty Lane, as shown on the Plat of Country'Club Addition, a•a. recorded !n flat Back 7, l'at'e 36, of the-Public Records of Pinellas•County, Florida; thence run along sold centerline of the Seaboard'' System RoAlroad right-of-way and a curve to the left, chord bearing.N 80'43137" E; 3^12.feet; thence contimuc along; said ceuteriiae, N 77'35'51" 2, 03.44 feet, 'to the polpt of ltegin?ilit;;; thence run S 033'43" E, 537.60 feet; thence run S 51'46123" E. 48.51-feet; thence run N 65'05'57" E, 311.38.feet; thence run N 21'20'7+8" E 610.59-fact to the ccnterline of said Seaboard System Railroad. right-of-way; thence run'siong zo ld centerlino and a curve to tl?e right, cl?ord bearing S 76'25'57".W,.1.36. 03 . feat; thence continue along said eentitrline S 77'35'57" W, 402.40 feet to tlsc polar of beglnning., less the Seaboard System Railroad right-of-way; Together the following rights and easements, namely: A right-of-way in cnmmon with Lite. party. -of xl?e firat part for road or street purposes to and 41-010. said parcel conveyed over and along a strip of land forty feet wide running; parallel to and Immediately south of the right-of-way of the Seaboard $ystc?s hailrood, extending from Betty Lane oil the West Co the above desdrlhed tract on the host. EXHIBIT S BEGIN at the inCerseGtion.of the center line of Seaboard Airline. Railway' Co., and Betty Lane as shown on plat of COUNTRY CLUB ADDITION as recorded in slat book 7, page 36, Pinellas County Records and 'run thence along said Seaboard Airline Railway Co., center line and a curve to the left, chord bearing N 80° 431 3711 E, 339.12, ft.,,, THENCE along said center lice N 77° 35'.57-- E, 83.44 ft. for P.O.B. THENCE S 6° 331 43-- E, 537.60 £t.; THENCE j 51? 461 23" E, 48.51 ft.; THENCE N 650 05 t 57-- E, 311.38 ft.; TIIENCE N 21 20' 48-- E., - 610..59 ft., to center line of said Seaboard Airline Railway CS., TI4ENCE along curve to right ang said center line, chord bearing.S 76 2S9 011W., 136.13 ft.; THENCE 3 77 251 5711 W along said center line 482.48 ft.. to P.O.B., less Seaboard 'Ail-line Railway Co., right-of-way. 1 EXHIBIT "C" CCC Got/ Coures 154alplaeni Inventory September. 2009 LOCATION QUANTITY 0ESCRIPT1oN Pro sh" db sntdrrl PC Pro Strop 1 D Pro shop 1 HIS 6100 PeAter y ? 8GdftPMdMWPsW Pre 4 1MlrOUM Pro ump 3 Sm09 22' tables M M Hadopwr dlopler Re ? ; room card trots Pro omp I fott6rlp 6' Wk - Ro Shop 1 vfaoden N tebte PMMWp 1 Grooftcaidd r Prop 1 SlOtM60dMoa4'x32S .Ro shop 100 MbeeNartaetl 110 M dleplay Mm 8 p Pro 1 C UMM" dlap n , W - Md Pro x6 tlrbrrae POO Pro shop 3 i 1 ro P SoNlaft lane shop 1 a3lass dwAma vefa=ft proshop i lasses lnp PC cebtiret pm ehop x BMWs 91411 Pro 1 t3onartaa stub dlspiay Proshop 1 FJ rookdeft PIMMMP i VAMA"Wasprknar ft tih4p 1 3 draM p1ltMer stand Pro f 1 P0vdAMD04 proceeoor Proelhop 1 CtwvrdoNvldaorecordorvMesmerso Pro shop 1 321" x 1r x?r bookshop pro shop a Cork bslleRr boards Pro shop 3 Grywaes booods Pro Sf lop 3 19" arw x r unw storepe racm Pro strop 1 Or x 46" x 72" metal atorepe melt Pro Shop 1 Metal 44rower ft cabhvA latter Proshop 1 Metal 24rswer tats cftW typal asp Room 1 emkowd Bap Room 1 2 level meW lea ws 5% Roam 3 Spookewwow Sap Room 1 44 drsvrermdd GO MM jr x 39' x sr Bat Room I Mb lepak wa ftendr w/4.V else Sep Room I Gosdu4waahw Beg Roam 1 82' peduM tan Bap Reom 1 20" pods" fan sap Room 1 Toaster sag boom 1 Nllcrarvavo a" Room 9 Rubbamod 32 pelon Wash oomahere Sao Room 1$ Wooden dub stomps red* Cart Darn 2 Wooden storage cabinets cart Bum I Prtgki* "Deasy o xvnerdel washer City Property - As title is taken via Bi l of Sale subsequent to date hexenfei1?k ?:, 1 of >cP LOCATION QUANTITY DESCRIPTION Willem 1 Fdpld %aNery' oommerdd dryer Cart earn 1 Melee fool darepe Cabinet 69' x 104 x 30, Cart Bern t wodtmch wre-V Viso Cad Bern I Rm9emata tango bell washer Cart Barn 1 13 gaiion 14HP air 4smpreswr Cart Bern I Portable elr lank Cart Gera I CLUE CAR CARRY ALL-1 RANGER PICKER Cad Barn 1 Sill. eANNG BALI. PidM IPU&Q Cad Barn 56 E160% Ckd1 Car Cads wlaooeaeodie Cart Born 1 Bwversp owl Oft 4 bw round fables tiiebp 10 med urs ecuad fables DwV 14 sued rand tables OWN; 32 44op UMN . Dl ft 300 d nft room dtdrs t)IrrhtO 4 24" telin M ft 6 2'rourtssww" Mft I Iwroe lee oleo de Dkft 10 ltartQnethrbles obtMtq 5 V vsct Ww td*w Dk tQ 6 e1' mdartpulrr tables 1 d** t]ktlnp 1 wort orplana 0101100 1 palablaber aatop t too wear Pd* Claw 4 GrAmesow" Onp rown dlvmw tplartters) otrdnp 1 c D pb w pninp 1 motel uddgl shell otrdrd 2 vacuum amino 4 ladders Illplnq. 5 rA . chi" 1 a dvarwerwow"Oasa oft 6 framedpllurss oft 1 45'W pogeble dwoe Roe obrbta 7 pisegs roam dividers udiss RR Stead tads wldr pleuEer L iefte RR lands robror Lodes RR swhr4W dwk RUmL Kee 1 9= YM4U!X Organs Mower JAC McML Ares 1 200 TRI-PI.EK GWana-Mawec JAC MdM. Urea 1 1989 TFOOM Too & Collor Mowar JAC Moira. Ana i 19811 TrtbP M Tee & Coker Mower JAG Mainz. Ares i Toro Td plea Omens Mower &W& Aria i Taro Tat. %x Greens Mower MdnL Area i 6600 Fakww mww MdnLMae 1 STEM MOWER wlboommower WRL Area 1 21)42 YORO 3100-0 M ML Area 1 2002 TORO 31004 h tt Area 1 2000 TOW Rest Lt dw 65MO MdnL Area 1 2000 TORO 6500-0 Mdnt Ages I TORO ©rotrndmeeter 7200 Mdat, Area i TORO aroundrnasler 7200 MOnL Area i SMINERMOWER MOIL Area 1 TORO 54ANG REELMASTER Meant. Area i TORO &GANG REELMASTGR Mehl. Area i Jac 5-GANG ROUGH MOWER LOCATION QUANTITY DESCRIPTION M" Area 1 TORO OWWPM Mak?t Area 1 SPINIER REMS (I sot of 3) Malk Arro 2 VERTICUT REELS (1 sat of 3) Malt. Arse I GASP. Loader 670 70. Melot. Aria I JOHN USER TRACTOR (2040) Maim Area a Ford 3000 TRACTOR Marty. Ares 1 JOHN Of,ER TRACTOR (2168) MaktL Aria I FORD400 Alft Aria I CWB CAR C'anya8-] 1 Maihf. Ana I CWIB CAR Tarr I 1 MdAL Aare I CLW CAR Turf I I M*L Area I CLUB CAR ALL 1 I Al" Area 1 CWB CAR ALL I I Maht. Area 1 CUB CAtt Md 11 Mft Arse 1 CW13 CM Twrr 11 MEIRL Area I CLUB CAR Cowpoll Tuff 2 M*LArea I IS%= TRUCK MOK Arta I FIAT BEOTRALSq Md oL Aree f 3• ,WM CLM MAN MftAtrsa I TO" VVORWAAN 3100 McMM. Area I TM VWORIQ" 5200 NdmL Arno 1 TORO FRO SWEEP 6200 M" Area I smrFH00300 mom Area, 2 284ME SPRAYER 112V Mift Arse 1 154M. SPRAYER iZ1/ Marts. Aron 1 FMEMfAY FOAMER WIPUMP MAIL Area I RIDGEWAY FOAM TANKA BBY- WIPUMP MaLILAran 2 RAVLNCONTROLLINITCOMPLETE M*tL. Area 4 LEBCO WALK SPREADER Moline. Area 1 LEK* CONDO OROPMC:LONE BPRW OER MobLAroa 1 VNOQN SPREAM W L Man 1 TY4)ROP CUIOK DABS 00L1 Top Oroesor MdM. Area I TY4CPiQP tAt "00 Ms>rM. Aroa 1 v#TWko Atla t Twit Gpkoor, Can" Bob Ma" Area 1 VwL GAN DY SPREADER U" Area I OPAL MAT W/ ATTACHMENT Ma(ht. A1rea 1 GREENS GROOMER ORAO BRUSH Marts. Area 1 TORD AERATOR olk e 6 Moe desks OINas i oft* chairs swlnW ONtics 5 Mtkned offlo chairs GiRoo 1 PnIagsomofte Office I Nftpthonos and system office palaliblislophom olace z desk top p bore 0111" 1 no Nrodit compular systern OfNlce 1 phone answering system office I caplar Oflfee I Iasor p wAr office 2 4-dreowerawlal We caMneta office 1 sate oAiee 1 4-ehe11 malal bookcase Olllce 2 2-dnmv metal Its cabinets Otow 2 ofte metal rib cabineudrawer v wide office 1 dwwder of8ca 1 fax Ofllce 2 t3• metal utility shelves LOCATION QUMITITY DESCRIPTION Closet S uft &Wf unlia Closet 2 wheel chairs comet 1 podium closet 12 table eklAs 011110 4 TVs, 0d" I alwelwarelplatelialeaaea Mlle 1 planter Odd 1 numerous Picum$ rd 1516083 Oft I beetiap orals 6 mW uupb dwIfts OMe 2 but dop mschhe &M coup warner 006 Grad fthiperow Qdk 14 bar shots adu 12 Iabtee Gale bwadw shop 2 STIFLLCHAIN SAW STM*W TFUM ER HEDGETIRIM Shop S $TIHL CHAIN SAW Shop t STM QUICK CUT SAW slop 1 ELECTRIC WA70 PUMP (gro onl Shop I MANUAL ROLLER Mop shop, I 1 PfWASURE WAfIif6R PRES.SIM WASHER (dos Mower,) Shop 1 GOAT•10w om Shop I =D MOUNT GENERATOR Shop 1 a . W"WL8#A-41LWXYWHEEL Shop t GAB W&D OUTTIT I TA ? amp AC SAW MAIGT Shop W" I i HANDCART PORTABLE AIR TANK shop 1 Hm SHIP PROW 1 BATTERY CHARGER ? t SAW-ZALL shop t MAIaTA V-ECM DRILL shop t MAMA COROLaasDRILL s h HAZ ArYw SET S op h i SAwbLASTER Shop t VISE iN YARD Shop 1 VISE IN SHOP Shop t TIRE CHANGW Shop 1 OtL CRUSHER Shop t CKAIN HC NST GREY49HOP Shop i HYD. FLEET JACK Orsy STwp 1 HYO. PALLET JACK Shop i 2.7 FLOOR JACK Black Hawk Shop i FLOOR JACK (orange) $twp 0 JACK STANDS Shop 2 INFRARED HEATER Shop 1 SMHL POLE SAW shop 2 ,IACOeWA PUSHMOWER 7 See Lhe TRIMMER Shop I eHINcmm STRING EDGER Shop 1 SHINDIAWA BLADE EDGER LOCATION 4UANTnY DIISCRIPTION Shop 1 TRENCHER Shop 2 RECMAXREC1PICATOR Shop 1 STIHL BLOWER Shop 1 STIHL CHAIN SAW Shop 1 SHOP VAC Shop 2 FAN (8hop) CIRCULATOR S1tpp I 1C&BOX-F4 Shop 1 STIHL 80 BLOWER Shop 1 STIHL BAK PACK BIAWER Shop 1 MILWALKEE GMMR Shop 1 M{ISCELA AMOUS TOOLS 6 EQUIPMENT Shop 1 SHOP HEATER Shop 7 TORO 1000 WAL1QHa GREENS MOWER Shop -- t - CRANE PUMP HOUSE Stop 1 . BOOSTER PACK a" t TROLLEY Shop 1 SAMOLOWER stop t MSAWRINO WHEEL amp 1 faa 880 Pro Ooro Ae robs NON 5 oudtlan d A Hdl t sobs tebtb Rd 6 06*0 otl whsw Hd 1 wA top pl wft No 13 homed pbowrse Ndl 1 Icewd Lvobrdle www wild n 2 atmecom oven Ktldton 1 hdM o b w Khd= 2 Etas" Nkhm 1 to we11 Kkhen t faun oena 11f1 hm ] reealrbn coolm Nkhan T prop t was Kkbon t amp" Nkhon 1 pINa Kkdtott 2 dtabra Kuhm 1 desk KktMtt 1 I*= MUIle wM hest tamps Kk "n 2 oww/M bdt b um" KktM 1 leV and food wanner Kadwn 1 &M ahem Kkorr 16 aww uft shown - - - Kkbon 1 dish wanner Kltrhen t food wwwr Kllehen 2 atlarsYee Kkhen t ke stn cooler I(Achat 2 aa wih Card Room 8 44op tWm Cab Roan t round tads Card Roam 24 BMW* Cushioned dwks on wttesls Card Room 1 TV Asset Sheet -G Pro 3- hep Olf Operations 4uanity Value Total Value Item 1 $ 10.00 $ 10.00 Circular Mirror 1 $ 5.00 $ 5.00 Shop clock 25 $ 1.00 $ 25.00 Water Fall Racks 1 $ 1.00 $ 1.00 Wall Wooden Golfer 2 $ 10.00 $ 20.00 Paded Chairs 1 $ 10.00 $ 10.00 Circular Table 1 $ 1.00 $ 1.00 Belt Rack 1 $ 1000 $ 10.00 Head Cover Rack 3 $ 1.00 $ 3.00 Water Fall Racks 2 $ 1.00 $ 2.00 Hanger Racks 1 $ 5.00 $ 5.00 Female Maniquen 2 $ 2.00 $ 4,00 Hat Racks 5 $ 5.00 $ 25.00 Cork Boards 1 $ 10.00 $ 10.00 Circular Table 3 $ 10.00 $ 30.00 Paded Chairs 2 $ 20.00 $ 40.00 Phone 3 $ 200.00 $ 600.00 Computer & Terminal 3 $ 10.00 $ 30.00 2 Drawer File Cabinet 3 $ 20.00 $ 60,00 Printer 1 $ 10.00 $ 10.00 Table 1 $ 100.00 $ 100-00 Shop Counter - Glass 1 $ 5.00 $ 6.00 Scissor 2 $ 10.00 $ 20.00 Calculator 1 $ 20.00 $ 20.00 ZOM Machine 3 $ 210.00 $ 60.00 2- Way Radios 1 $ 20.00 $ 20.00 Electric Pencil Sharpener 1 $ 20.00 $ 20.00 Historic Golf Display - Club/Balls 6 $ 5.00 $ 30,00 Plastic Drawer Storage 3 $ 5.00 $ 15.00 Stapler 2 $ 5.00 $ 10.00 Tape Dispenser 6 $ 0.50 $ 3.00 Markers 1 $ 10.00 $ 10.00 30 Gallon Garbage Can 1 $ 10.00 $ 10.00 First Aid Kit 3 $ 1.00 $ 3.00 Clip Boards 2 $ 5.00 $ 10,00 Short Book Racks 1 $ 20.00 $ 20.00 Tall Book Rack 1 $ 1000 $ 10.00 Bar Chair 23 $ 1-00 $ 23.00 Notebooks 1 $ 40,00 $ 40.00 TV 1 $ 10,00 $ 10,00 Rate Board 1 $ 20.00 $ 20.00 7 Drawer Cabinet 2 $ 50.00 $ 100.00 Large Grease Board 1 $ 30.00 $ 30.00 Drill with Charger 1 $ 10.00 $ 10.00 Three Drawer organizer 1 $ 5.00 $ 5,00 Three Hale Punch 1 $ 25.00 $ 25.00 Security TV - 6 Inch 6 $ 1.00 $ 6.00 In Baskets 1 $ 5.00 $ 5.00 Trash Can 1 $ 5.00 $ 5.00 Paper Clip Dispenser &Clips 6 $ 2.00 $ 12.00 Proximity Marker Signs 1 $ 5.00 $ 5.00 Wooden Table 24" x 12" 1 $ 5.00 $ 5.00 Shag Bag 1 $ 10.00 $ 10.00 Card Table 1 $ 20.00 $ 20.00 Dolly 4 $ 20.00 $ 80.00 5 Shelf Metal Shelves 2 $ 10.00 $ 20.00 Maniquen Tops 1 $ 50.00 $ 50.00 Vacuum 1 $ 25.00 $ 25.00 Tool Box With Tools 1 $ 25.00 $ 25,00 Marker Box With Markers 1 $ 10.00 $ 10,00 Step Stool 2 $ 3.00 $ 6.00 Large Range Buckets 9 $ 1.00 $ 9.00 Small Buckets 5 $ 2.00 $ 10.00 Medium Buckets 18 $ 4.00 $ 72.00 XL Buckets 1 $ 10.00 $ 10,00 Bubble Gum Machine 1 $ 3.00 $ 3.00 Floor Mat 7 $ 10.00 $ 70.00 Window Blinds 6 $ 5.00 $ 30.00 Ornaments 4000 $ 0,01 $ 40.00 Paper Tags 1 $ 50.00 $ 50.00 Shop Camera 2 $ 5.00 $ 10.00 Paint Can 1 $ 5.00 $ 5.00 Paint Gun 3 $ 5.00 $ 15.00 Old Motorola Radio 2 $ 1.00 $ 2.00 Tape Measures 1 $ 20.00 $ 20.00 House Cleaning Products 1 $ 1 00.00 $ 100.00 PING Golf Bag '1 $ 5.00 $ 5.00 Price Gun 1 $ 10.00 $ 10.00 Label Maker 1 $ 25.00 $ 25.00 Box of Assorted Bolts & Nuts 1 $ 5.00 $ 5.00 Bush League Plaque 1 $ 5.00 $ 5.00 Teherhar Plaque 2 $ 5.00 $ 10.00 Billy Burke Photos 1 $ 75.00 $ 75.00 Cordless Phone and Charger 1 $ 5.00 $ 5.00 Greeting Card Display 4227 $ 2,400.00 Asset Sheet - Golf Operations Quanity 1 16 1 1 12 1 11 14 1 4000 1 5 2 1 1 1 4113 Value 1 $ 10.00 1 $ 5.00 2 $ 2.00 1 $ 1.00 2 $ 1.00 2 $ 1.00 7 $ 1.00 1 $ 10.00 3 $ 10.00 1 $ 10.00 1 $ 10.00 1 $ 50.00 1 $ 10.00 1 $ 10.00 1 $ 40.00 7 $ 25.00 $ 10.00 1 $ 3.00 $ 5.00 $ 2.00 5 $ 7.00 $ 5.00 $ 20.00 $ 1.00 $ 2.00 $ 50.00 $ 25.00 $ 1.00 $ 2.00 $ 100.00 $ 5.00 $ 5.00 $ 0.10 $ 1.00 $ 1.00 $ 5.00 $ 2.00 $ 15.00 $ 1.00 Item Double Steel Locker Bar Stool Push Brooms Broom Dust Pans Bag Drop Sign - Metal Misc. Signs Metal Time Clock 30 Gallon Drum Radio Storage Shelf With Door Large Grease Board Bench Vice Extension Cord Mechanical Club Cleaner Cases of Marking Paint Box of 30 Gallon Trash Bags Toaster Microwave Mini Sledge Hammer 20 Gallon Trash Drum Shag Bag Industrial Fan Customer Sign Metal Proximity Marker Signs Shop Vac Yellow Rope Spool Cases of Scorecards Wooden Shelf Rental Club Sets & Bag AMF Wooden Club Racks Wooden Bar Chair Range Balls Cart Repair Area Sign Cart Path Only Signs Michelob Umbrellas Wall Thermometer Tow Bar - Cart Basketball C= irr F.i irr I vontory 8131/2010 Total Value $ 10.00 $ 5.00 $ 4.00 $ 1.00 $ 2.00 $ 2.00 $ 7.00 $ 10.00 $ 30.00 $ 10.00 $ 10.00 $ 50.00 $ 10.00 $ 10.00 $ 40.00 $ 175.00 $ 10.00 $ 3.00 $ 5.00 $ 2.00 $ 35.00 $ 5.00 $ 20.00 $ 1.00 $ 32.00 $ 50.00 $ 25.00 $ 12.00 $ 2.00 $ 1,100.00 $ 70.00 $ 5.00 $ 400.00 $ 1.00 $ 5.00 $ 10.00 $ 2.00 $ 15.00 $ 1.00 $ 2,187.00 Asset sheet • Golf operatio ns Quanity Value Total Value item 500 $ 1.00 $ 500.00 Golf Tees 40 $ 17.00 $ 680.00 15 Ball Packs 22 $ 52.00 $ 1,144.00 Pro V1 Dozen 3 $ 30.00 s 90.00 NXT Tour Dozen 13 $ 8.50 $ 110.50 NXT Sleeves 2 $ 7.50 11 $ 8 50 $ $' 15.00 DT Sleeves . 1236 $ 0.56 $ 8:50 692.00 Ball-Pick Up Repair Toot 67 $ 2.00 $ 134,00 Bail Markers 5 $ 8,00 $ 40.00 Coffee Mugs 2 $ 27.00 $ 54.00 Golf Bag Watch 1 $ 16.50 $ 16.50 Pewter Golf Omament 7 $ 2.D0 $ 14,00 Golf Scene Trivet 13 $ 12,00 $ 156,00 MC Pain Gel Tube 4 $ 12.00 $ 48.00 MC Pain Gel Bottle 2 $ 290.00 $ 580.00 Skycaddle 2 $ 300.00 $ 600.00 Callaway Range Finder 2 $ 140.00 $ 280.00 Jr. Golf Sets 2 $ 130.00 $ 260.00 Jr. Golf Sets 4 $ 16.00 $ 64.00 Umbrella Stand Kits 600 $ 0.10 $ 60.00 Plastic Bail Markers 118 $ 2.50 $ 295.00 Sun Block Tubes 45 $ 10.00 $ 450.00 Foot Joy Gloves 141 $ 13,00 $ 1,833,00 Titleist Gknres 35 $ 17.00 $ $95.00 Straw Hats 14 $ 18.00 $ 252.00 Titleist Caps 18 $ 22.00 $ 396.00 Titlelst MLBlNCAA Caps 144 $ 1.50 $ 216.00 Logo Golf Balls 4 $ 18.00 $ 72.00 Straw Hats 24 $ 10.00 $ 240.00 Caps 20 $ 26.00 $ 520.00 Mena Shorts 1 $ 25.00 ' $ 25.00 Mens Shirt 7 $130.00 $ 910.00 Junior Golf Sets 9 $ 6.00 $ 54.00 Sand Bottles 25 $ 30.00 $ 750.00 Straw Hats 6 $ 17.00 . $ 102.00 Foot Jay Two Glove Packs 36 $ 39.00 $ 1,404.00 Men's Golf Shirts 2 $ 700.00 $ 1,400,00 Wilson Iron Set 23 $ 20.00 $ 460,00 Men's Bells 7 $149.00 $ 1,043.00 Golf Bags 2 $ 300.00 $ 600.00 Golf Staff Bags 2 $ 200.00 $ 400.00 Pull Carts 14 $ 20.00 $ 280.00 Animal Head Covers 2 $ 64.00 $ 128.00 Pull Cart covers 6 $ 20.00 $ 120.00 Ladies Caps 16 $ 50.00 $ 750.00 Ladies Tops 2 $ 35.00 $ 70.00 Ladles Tops 1 $ 59.00 $ 59.00 Ladies fops 7 $ 30.00 $ 210.00 Ladies Tops 2 $ 25.00 $ 60.00 Ladies Tops 1 $ 25.00 $ 25.00 Pull Carl Seat 1 $ 57.00 $ 57.0D Golf Bag Travel Cover 2 $ 60.00 $ 120,00 Ladies Skirts 7 s 65.00 $ 385.00 Ladies Skirts 1 $ 65.00 $ 65.00 Ladies Skirts 8131/2010 I',ri y hor fwM1'i:.r l;a° rtixe 1 $ 38.00 $ 38.00 Ladies Skirts 1 $ 28.00 $ 28.00 Ladies Jacket 1 $ 63.00 $ 63.00 Ladies Pants 2 $ 170.00 $ 340.00 Rife Putters 1 $ 115.00 $ 116.00 Putter 1 $ 140.00 140.00 Putter 1 $ 119.00 $ 119.00 Putter 2 $ 110.00 $ 220.00 Putter 23 $ 30.00 $ 690.00 Wedges 15 $ 50.00 $ 750.00 Golf Shoes 9 $ 80.00 $ 720.00 Golf Shoes 67 $ 10.00 $ 670,00 Ladies Hats 146 $ 17.00 $ 2,465,00 Men's Hats 2 $ 26.00 $ 52.00 Umbrella 5 $ 13.00 $ 65.00 Umbrella 2 $ 300.00 $ 600.00 Drivers 2 $ 200.00 $ 400.00 FW Woods 2 $160.00 $ 320.00 Hybrids 2 $180.00 $ 360.00 Hybrids 2 $ 18.00 $ 313.00 Ball Retdevers 83 $ 9.00 $ 747.00 To"Is 50 $ 2.00 $ 100.00 Groetin$ Cards 35 $ 4.00 $ 440.00 Socks 6 $ 6.00 $ 36.00 Socks 44 $ 10.00 $ 440.00 Wilson Gloves 7 $ 30.00 $ 210.00 US OpenCeWShirt 1 $ 25.00 $ 2&00 Golf Travel Cover 9 $ 15.00 $ 135.00 Towels 6 $ 11.00 $ 66.00 Caps 11 $ 13.00 $ 132.00 Caps 2 $ 12.00 $ 24.00 Ceps 11 $ 13.00 $ 143.00 Gloves 7 $ 12.00 $ 84.00 Gloves 6 $ 8.00 $ 40.00 Clubhouse sq. trivet 3845 $ 30,395.50 ,;/31j201f' fora SYo;a'ti"r:;r:;l,:a i_5 :; CLUBHOUSE LQUIPMENT INVENT'OR' August 2010 f DESCRIPTION OF PROPERTY -_? H It DESCRIPTION OF PROPERTY "-?- OFFICE 4 office desks DINING ROOM cont. 3 office chairs swievel 10 banquet tables ' 4 cushioned office rhairs 5 8 rectangular tables ' postage machine fi 3 rectan ular tables 4 ladders tele hones system Wurlitzer Piano le hone rtable bar imers flag with ole ` VnetworkinQ com uter 5 stem sneeze uards werin s stem 4 room dividers lanters CD la er laser -printer metal utility shelf 2 4-drawer metal file cabinets 2 safe vacuums 45'x45' portable dance floor 4-shelf metal bookcase plastic room dividers 2 2-drawer metal file cabinets silverware/ lates! lasses 2 Ne a metal file cabinet/drawer 4' wide 2 sounds stem shredder 6 framed pictures fax - MEN" S' CARD ROOM CLOSETS 8 4-to tables 5 Utility shelf units 1 round table 1 wheel chair 24 Burgundy Cushioned chairs on wheels 1 odium 7V 12 table skirts LADIES LOCKER ROOM FOYER/HALL WAY 3 Desks 5 cushion chairs 2 Desk chairs 1 sofa table 2 _ Couches 5 planters on wheels 2 Tables 1 table to lancer 4 Chairs 13 Framed ictures 1 Ice well/water dis enser -- DINING ROOM GRILLE 4 large round tables 1 hot do machine 10 medium round tables 1 sou warmer 14 small round tables 1 small refrigerator 32 4-top tables 14 bar stools 300 dining room chairs 52 chairs 4 2-to tables 12 tables 5 2' round tables 1 bar mixer 1 iar a ice salad bin 08/30110 C CLUBHOUSE EQUIPMENT INVENTOR' August 2010 GOLF COURSE EQUIPMENT INVENTORY Replacement Value Clearwater County Club Fdbruary.41-0 IRV, # NAME DATE FURCIJASED AMOUNT Replacement V l EN.GIUE SERIAL a ue as of 2m silo NUMBERS 111iiI1rT13ERS MOWERS 1 JAC TRIPLEX 9/9102 $16,480.00 $4,500.00 62287-2084 GREENS MOWER 2 JAC TRI-FLEX 7131102 W,480.00 $4,500.00 62287.2090 GREENS MOWeR 3 JAC TRI-PLEX 10/12/99 $14 984.50 $3 500.00 GREENS•MOWI~R 62260-2004 4 JAC TRI-FLEX 1218/98 $14,800.00_ $3,000.00 6-460-1805 TEE MOWER TORO rPU c 12191803 $19,492.00. $7,500-00 04357-2 QMP82 GREENS MOWS 6 7ARQ M -P16 1218103 $19 442-00- $$7,500.00 -04357,M01609 GREEft K40WER' 7 412WOU $24 367.2®- $9,Aao,00 Fakwa MOWER 69 STEINER 122.12003 $14, 21;pp $5,000:00 DIESEL Mad. 525 WIBOOM MOWER KuBOTA SOr. 1'241- 126 TOW 10/21102 $25 866.30 00 - 00 $8,0 o3zOt2xoo0as69 3 uMur - 109 TORO 1.6/21102 $25866.36 $8;666.00 '03201220000968 3100-D - 53 TORO 8=15-p0 $46;829.26. $9,000.00 06803-2goooo2s? REEL MASTER 6500-D T4_ TORO 5-09-00 '$38 70238 $9-700:00 06203 x00200256 REEL MASTER 6500.0 fib ,?¢Ft10 YI; ?MA M, NAMW S_: : ABOTA od. 30362 7200 der. 270000242 164 ro :. 28 ;$ . Q(XA QO KABOTA Mod. 30362 7200 Sar_ 270000223 165 50-- TORO 5-GANG 312D'IC12` $22;335:50 $7,00n:00 a3a5'100?024cr REELMASTER 02/ 1,60 GOLF COURSE EQUIPMENT INVENTORY Replacement Value Clearwater County Club .February 2010 1NV. # NAME DATE PURCHASED AMOUNT Replacement Vahieasof?116114 ENGINE 'lUNiBER$r SERIAL NUMBERS 44. TORO 5-GANG 512212006 $7 000.00 $7 000-00 - REFELMASTER 4 75 JAC 5-GANG 3119/02 $21 44.70 $7,000.00 -' ROIJPH MOWER -- 131 TORO 8/28/2006 $13,745.20m $6,000.00 $or.08865-260000234 SANDPRO 158 TORO 6/14/2003 P.000,00 $1,000m SANDPRO 2000 99 SPIKER 811/92 $2100.00 $1000.00 JNIC -REELS 1 SET QF 269)54 1'03 ? VERTICLrF W I -$2 500.00 42,000:00 REELS . 1 SET OF 3) 130 VERTICUT 9115P2002 .$2,250.00 "$2pW:W REELS 1 SET OF !3 TRACTORS 26 CASE Loader 5-98 $38,734.00 $24000.00 Ser. JJG0260887 57F; XL MusD Se r. •4M%89' Mod.- 570L)4T 93 JOHN DEER 1-02.82 $11•,195.00 $61.000.00 3179DL-06482122CD r TRACTOR. W40 204OUS, ' 97 Ford 3000 $5,500.00 $3,00050 ?y C141825 F96 TRAG rM 100 JOHN DEER 4-2491 $16 499.00 _ -61000.00 'CD317913873006 XL02155G699454X TRACTOR •2155 "a 56 101 'FORD-600 1-09-53 $4793.00 $2,500.00 Motor*eae-6015-h TRACTOR CARTS 60 CLUB, CAA 6-13-95m $5,200..00 $2,500.00 Ser4,EG9526-440,496 CARRYALL-Ii Fa90Dgs4s12 CLUB CAIN 11.5.97 $ 500, - ,000.D0 SER# TURF II FE35ODM7751 PG9753-6406551 74 CLUB:CAk2'. 2-16,-99."? _ $6 061.70 $3,0Qi0.M. lr?a5or>l>A2aJ6-. RG9c917.:75968 CARRYALL-11 , J.';'!8/1 is GOLF COURSE EQUIPMENT INVENTORY Replacement Value Cleawater County Mb .February 2010 IN17# NAME- C7ATi= iReplacement ENGME $FR1"AL PURCHASED A1kt10.LIN.T Va aAs_ 21i6110_ N11MB.ER_ NUMEER_ 123 CLUB CAR 4.42.89 $4,495,00 $1,500.00 FE29OD309748 Ser.# CARRYALL-11 E.G 8928=178764 124 CLUB CAR 5-1.01 $517-40.00 $31400.00. rE350D080450. SeMRG0133-049265 CARRYALL-11 127 CLUB CAR 2-16-99 $6,061.70 $3,990-00 PE350DO40175 Ser. # RG9917-759971 CARRYALL41 171 CLUB CAR 5-1-01 -'$5.760.00 $3,400.00 FE350D080446 Ser. #RG61SM49289 CARIRY-AL- L11 42 CLUB CAR 411412003 $5 700.00 $3,800.00 FE350D BSI 1 RG0339-029977 11 IS1JZU TRU 3-1 - $10 447.00 $2500.00* J.D. #JAAG6'! 1L5R7 -208681 105 Ta ota Tacoma 611 112004 115,529.00 $6000.00"' 057EW42NM403304 ?R ,K - 49 F AT9'EtS'1•RAILER 13`-4-97--.. $ 't1CJ0°Op` H84 56 34WH. LUSH 7..01.84 $(3.380.01] $1 00L1.t10 M85304410 XUNN21856boiiais " 155 • - FUEL TANK 11/30/2006 $1.500.00 M FULL TANK 1113000x76 $1'.5013.00• FUEL TANKAraller 111/2009 $3,216:00 $3-ow;00 1N.5'rM20942910"0676 eze-Gas336-996-4396 FUEL TANWtrailer 11V20p9 $3,2'F6.OD $3 OW,00 , 5TX42004291001068 UE-Gas 336.8964396 SPRMER;3 117 . 7-01-84 12 b00.00 $500.00 80RAYER MOOMS 4 fltl?11 _ V. 260000377 120 R MEW •'= ' `$IQ4?? Ser. 07065-260000145 , 02'/ 1 B/ I e., GOLF COURSE EQUIPMENT INVENTORY Replacement Value Ciaanuater County CIub.Fehruary2D1D 39 SMITH00.300- 4-01-74 $1,721.00 $5QE1.,oo Aloji Seri GAL SPRAYER V vA k 740221-33 166 - 150ZAL. 1-01_98.. $6.6woo $1,500.00 Round-u SPRAYER _ Sprayer Vff NAME ,RATE Replacement ENGINE SERIAL PL1ftF3iM5I D AMOUNT vatuff*e&2hi0o NUMM NUMBER 1.11 25-CAL. 7-25,97 $395.00 S PRAYER' 12V 145 15-G4. 6-20-94 .$295.00 SRF?rY-ER1,?V - - 17 RAVEN 4-11-91 $2186.00 $500.00 Ford 600 SN 11669 GONTWL UNIT FQFd 600 SG$444 83 RAVEN 312412003 32281.00 Workman SN2285 CONTROL.UNIT SCS440-- SPREADERS 70 LESGO WALK 11-1x5-93 $275.00 SPREADER 7.1 LESCO WALK 11438-93 $275:00 SPREADER 81 LE930-A/ -K f0-2644 $275.00 - SPREADER 1.08 LESCO WALK 4-29-95 $276,00 - SPREADER 170 LESCO COMBO 111812005 $425.00 DROPICYCLONE Sp 32- VIC-ON 11/2W=0B" ' $3,600:DU $2;S0.06- ' 221190'39443- SPREADER 168 RIDING FERTILIZER 712612005 $5,495.00 SP3EADER 138 TRAILER FERAUZER T1i LER 412212006 $1-,800-.00 33 TY-CROP Quick Pass 2/25/2008 $13,020.00 . $9,500.00 Ser. 14608 3()0T Or-esser }t,, 11 81i C, GOLF COURSE EQUIPMENT INVENTORY Replacement Value Clearwater County Club Fabruary 2010 295!00084486 ENGINE SERIAL !UMBERS NUMBERS Mod.2701530 Ser, A00202$7 97785 724364 44860-90110 YCLE lHP XMXS-0254RB' 32024-5297 SN-32017- 17953 FS100RX FS200 .F.S-120- .FS11.0RX GOLF COURSE E QUIPMEN Clearwater Cou T INVENTO nty Club fahruary 2-Q RY-Replacem 1 a ent Value 151 STIHHL LINE TRtMMI=R 2001 79.5 FS-2,0a 126 STIHL , LIN> TMMMER 6/219005 $395,00 F81 10 R 58 3 INBLAWA Stri Ed 811102 $360:00 LE260 ng ar iNVX NAME DATE - Re tacemern ENGINE SERIAL PURCNAaD AMOU T ValueascftmM0 NUMBERS NUMBERS 98 SHINDIi4"i;1dA ' Blade Ed 31213 1(72 $860 06 LE260 ger 132 TRENCHER 12128100 $1440.00 153 REbAAf ( REGRCAT-OR 4/18102. $57-7-.00- G2KC 121- STIHL 13L ER 8-6 1 $ :b0 BR-400 1 STIHE 2 t; HATN SAW 111 42 $340.00 019T , 4 3TtHL CHAIN SAW B/Bi!?f3Q2 $260.t)t3 019T 34 STIHL - 40"TRIMMER 11-0399 $396.00' 39625140 y 2S pi a Trimer 2rtt rl?`i $493.00 Ht?,1r?f?. . - 119 STIHL CHAIN SAW 10-fly 98' $4B5.Ob 036 2B STIHL CHAINSAW &25,93 $327.013 026 -1 Q2 STIHL CHAIN SAW 6/1211989 $489.00 032AV 5-TIHL QUICK CUT SAW 8-13-% $975:00 TS 510AV - 94 ELI- WATEFr "P'UNfP 1rr18009 1998- $256.{)0 12VDC 116h manual sm P-3040 142 14 - MANUAL VZTZ r 3/12/02 $37-8.149 - -i 8f GOLF COURSE EQUIPMENT INVENTORY R eplacement value C1itarwaler County Club February 2010 ROLLER PRESSURE 9-99 $3 500.00 U?/ASHER PRESSURE V 1ASHER 2/2Z[2007 $ 667 (GR?FSt MQ1?IE BOAT-1 Oft w/oars 1.27-97 $160.00 SN-44546 'FL-2238-:CV NAME. "OATIE PUPCHASI D AMOUNT Replacement V l ENGINE SERIAL a ue as ofvibho NUMBERS NUMBERS GENERATOR GE?dEFiRT©R 2.5 EGtlWIA. 169 GENERATOR SHOP TOOLS ,11-09-98 $900.00 . 7 TABLE r?rt " 1? mac tools ?5?5 $139.W . ELECTRIE WECDFR 94Q6-eg $98090 Thuhderb6lf:2 EEL 8At{ R - . ONE WHEEL 2,f?pp $80.00•. JK540353 162 lvwwmi =E--BAkR#4EL TWO-WHEEL 2/?g07 $119.1?Q GAS WEIR OUTFIT 8.?11.8A. $329.00 rgrch lAlelder ? L P CAS . . BOTTLES i1-3t]?5. $89,85 20" 4F Gas B;W i 54 5 LP Gas 8attio 6/28/2005 $35.00 618/2005 $95.00 85 DINO PARTS 7 WASHER 3-20 93 $5,400.00 $1,200.00 washer #PW1007 167 MAKITA Cho S aw 2000 $350.00 2414 91 DUSKY AI P - , COMPRESSER 12604 $429.00 ?,md, VT631402Ad Ser 1281506 GOLF COURSE EQUIPMENT INVEN`FORY'Replacement Value Clewwater Coioty Club Fehruary201 D 104" SECT SANDI=R 2001' $40 .00 GY001 A 113 HAP1D CARrT ?J9 $259:00 1.8 GreK Hand. Cart G10%20Q4. $gp_? ''8 PORTABLE 1989 $159.00 AIR TANK 46 H d Shop Press zrRm Q? Crk., DATE Replacement ENGINE NU, NAME PU?HAZED AMOUNT vaiuo8sof2JIM0 NUMBER11 9 .8AT7- ENRY 1999 $389 OD C+?s1=R 144 LApprNG nrtno -UNE Reels 2000 $600 .00 1 LESCQ 1?IA i 1-02-01 $&,52.03 SHARPENER R 172 DRIt<.L PRESS & Table fi99$ $1,50p.Ob SAW-ZALI_ 1992 $199 OA HPZ R VOT SET 1 $59.00 7 SAND 10-11-99 $912.00 BLASZ1a11, 72 SHOP 1999 $200.00 BENCH .Gf2 UNDER. 67 VISE IN YARD 5-01-84 $100.00 161 1?1SE shD used- 1't?97 $80.00 52 TIRE CH SNGER 9.90 8 $260:00 188 OIL CRIiSHEft 11-13-96 $209.00 Bfi GHAIrIt HOIST 9-11.=95 $346.00 `- GREY-SHOP a 2-ton AINGER NUMBERS 284 204383 PART # LHH-.2B GOLF COARSE EQUIPMENT IWENTORY Replacement Value Clearwater County Club FehruaN 2010 SIN: GA BALL PICKER ush 139 BEVERAGE CART 11512007 Of iCE 22 ?rc.c?rlr;R o 1.0-20-94 WALkANG M nag, '181 Toro 1000 11/2/2004 Walkkg 6ree?liAaweF DATE INV.# ' NAME p RCHASE 182 Toro 1000 . 10115/,004 Walking Greens mower 183 Toro 1000 8/12/2004 PW.,Wkkig aareep? Mauer - 184 Toro 1000 9/1&2004 VltalMg-kareens mower t 85 Toro 1000 fi18120g4 ?? Greens Mower 186 TOR01000 /24 W Jng oreens mower 18 TORQ.10100 211Z12M4 Walking-Greens nwwer 30. Gra?e.P Hause-. . Booster Pack TORO KIT 13 19 3 i WELDER 45 Mart Litt GOLF COURSE EQUIPMENT INVENTORY'Reptacement Value Clearwater County Club.Fehruary 20.10 IVG 1-24-97 $1.19TOG 122C.'000 on 500 E _ FE35MI EUREKA $2,500.00, $1 EE50?0,0p Replacement ENGINE AMOUNT Valua a, 012 IU10 NUMPMD, 500.00 00 SN#81-01 BRAVO-9.,o SERKIL TOR4070 stock#903869 LC611437 1127J03. ..$1,701.00 $200.00 1113103 $385.00 1/14/03 $215:00 1(,14/Q3 $21600 $1,848.46 ?r GOLF COURSE E-WIPMENT INVENTORY 'Reptacement Vatue Clearwalar County Club February 2D1 o '53 BACK BtOt/iIER 12M7/02 $40U 25685394fJ f 57 Measuring 1Nh6as 2/49103 $59:00 11 & TQrQ.66Q 3I24M3 $1 ?4 IIO Pro Dore Aerator 09701,221 QQQC1234 TOTAL $7?? 67=61 $6a8;500:0a Ttte above inventory fs accurrate as of January 201'0. MprevPousfy fdodinvantay ties been discard _._ ?.___..-_.._. _ __,..... `Covered under auto insurance 4 r r Idonaj'able Pam Dubov CSOL Pinellas County Property Appraiser Tangi, ersonal Property Tax Return P . 0 . Box 1957 Confidential § § 183.074 f=.S, Clearwater As Required by 9§ 193.052 & 193.062 F.S. Return to FL 33757 County Property Appralser By April 1 to Avoid Penalties State of Florida, County of Pinellas 2010 Business Name (DBA - Doing Business As) and Mailing Address County 1D 0029076 CLEARWATER COUNTRY CLUB Federal Em toyer Iden. No 525 NORTH BETTY LANE 59-3697958 Social5ecuri Number CLEARWATER FL 33755 f name and address is incorrect make necessary r nrraml- This return subject to Audit with all records kept by you. Incompkele entries are subject to penalties. 1. 2. 3- 4. rrnn.a/on.. S. Dale you began business 12 15 Fiscal In this couily, year. 5a. AlUfouph nay fiscal year ended Oct to December 31 of the paslsalendar year, Ihh realm e(lecis properly a lotions and detedon 713 12 Please give name and lele hone s Ihmtgh December 3l. P number of Owner or person In charge of this Business. Yes _ No _ Name PAULA PENIX d. Describe t ype or Nature of Your Business- Corporate Name Telephone 727-446-9501 CLEARWATER COUNTRY CLUB 7. Trade Levee (Check as many as apply) Retail }{ 4Vlwtasala Actual Physical Location of Properly for Which this Return Is Filed (SlreelAddr. ftP.a 804 Prof. 11 Service 11 Ap. ? Rent n 1 525 NORTH BETTY LANE other a. Old you file a Tangible Personal Property Return in this county last Year? Is your buclnesarfarrn located within the Incorporated Imlts of a City? Yes X No Yes X No what city? CLEARWATER - - It sp, under what name and where? Do You Fos a Taaplyla PefsaaLal ffMP%t Tai( Rearm Under Any Other Neme? Yea No X ur ame as above Please Show name Exactly as N Appesned on your mast recent peracnal proparl), Tax Bill or- ? 9. Former owner of The 6usn.: OWCmenlTaxitetum, go. If Business sold, to whom? Personal Property Summary Taxpayer's Estimate of 1W9JL&§9MMa' SCHEDULE ONl Y.Tho Schedules on the mcgse BIDE Fay Market Value most be completed In datail and lgjM entered below, ATTACH ITEMIZgo LIST or C MLE showing Original Cost $ Dale or Acqulslnon. to, office Furniture& Once Madwas a EDP ui rperd, C NIMMrs, Word Processors 1, Stare, Bar G Lour 3, machinery and M1 4. Farm, Orova, and 6. Hotat Metal, S Apartmenl C Be. Rental Units - Move, Refdg. 7. Mobile Home Attachments a. Service Station 6 Bulk Plant 8. Signs - Billboard. Pole, Wall, 00LaxseMrld Imwovwmnte mud bs ftaurant Furniture b ul ant, Etc. f inehl omen! 8 Laboratory Equipment Mpox FumNare, pge!s a M s 21I ti_E ,. Cabana, Porch, ment. Underground Tanks, Lift 'affable. 151rectional, Eta pad by We, Year of Inslapatkun and des t, Pollution Control Equipment 21 E of ant owned by you lwl rented, leased or held 3. Su lea -Not Held for Resale C Other- Please Spedly TCiTAL PERSONAL PROPERTY ncer penalties of perjury, I declare that I have read the foregoing tax return and the ccompanying schedules and statements and that the facts stated In them are true. If repared by someone other than the taxpayer, the preparer signing this return certifies ,at this declaration Is based.on all Information of which he/she has any knowledge. ATE TITLE •GNED (TAXPAYER) GNED Andrew J. Coanady, ]DRESS St Pete Beach oNt= I,,r 727-360-34$1 (PREPARER) CPA 1--FL __33736-7213 nREPARER'&L0.# P00367 _....__.-------- le u eso n ever: 230 682, 922 LESS EXEMPTION:( ) WIDOW ( ) WIDOWER ( ) BLIND TOTAL MSABILITY OTHER Taxable value Deputy Penaltv Please sign and date your return, send the original to the county appraiser's offlce by April 1, unsigned returns cannot be accepted by the appralser's office. Notice: If yc, are entitled to a widow's, widower's or disability -••- exanif:;10,1 vrsonal property (not already claimed on reei esta'.n) 476 cuneu.; ie lB mllSt 8 CC•f1': i'?gtF DR >JrrL 1 iY1 Original Appraiser's Installed Use only Cost 104,692 t.: ?liXATER COUNTRY CLUB Fage 2 I- --- , Tang: 59-369795 'ersonal Property Tax Schedules (Enter Totals or CS O.L Properly fully deprrecialeTd butMcontinuuing Insewice must be reported on the schedules below. Retired Sold Traded Etc. DESCRIPTION YEAR TAXPAy RS EST F ACC ACO. FAIR M T VAMP ORIGINAL INSTALLED COST LEASED, LOANED, AND RENTED EQUIPMENT - Please complete II you hold equipment belonging to others. NAME ANDADDRFSSOFOWNER OR LESSOR DESCRIPTION YEEApR RENT ACQUIRED MFG. MONTH PURCHASE RE COSIT NEW LEO YES( NO LINE 10 Enter Applicable Line Number (10.24) From Page 1 TAXPAYER'S EAXP_?Y?tai, ESTIMATE OF sMpAR O COndnror p%R%pNAL DESCRIPTION OF ITEM AGE PURCHASED F?VALUET Good AV poor INSO7OA9LED FURNITURE 6 FIX ORES 5EE TTACHED T APPEZ4ISE;R.'S USE c7NLY Condition - x i0? 692 Ente r'TOTALS on Front - Continue on Sa . Sheet If Nec. LINE 3 Enter Applicable Line Number (10-24) From Page 1 X 10 ? 6 92 X DESCRIPTION OF ITEM AGE G01F(COURSE EQU` PMER ATTAC ED X 576 988 AA?,L WASHER X ? 292 Ernter TOTALS on Front - Continue on Se . Sheet If Nec. X 5 7 6 2 3 0 X LINE Enter Applicable Line Number (10-24) From Page 1 DESCRIPTION OF ITEM AGE Inter TOTALS on Front - Continue on Se . Sheet If Nec. 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J ?7??70oWCy to ?q' 0 UFF-C7C7hE-vein C7c?(-•nr?i?cJa3?+'3a?F 0 0, o? y co lq* ?^-J "• I ~ 4 7 In t, vvii i•1 n YN'1 vrql VS ++"1 kn V?'i; Vii Ln tm in Vt Wr vr),n %ni r- k, ?Y cZ ? V` t 1 1 s i i CLEARWATER COUNTRY C._UB MANAGEMENT, INC. STATEMENTS OF FINANCIAL POSITION DECEMBER 31, 2`009 AND 200.$ ASSET: CURR€NT A ? "Ir5 2009 Cash on hand $ 1 250 Cash in bank - operating , (57,884) Money market funds Escrow 48,011 Accounts receivable 150 766 Inventories , Bar 11,409 Paper supplies 1,765 Food 9,333 Golf course supplies 31,149 , Pro shop 29 772 Total current assets 225,631 PROPERTY IBUILD-IN7GS AND E PMENT Land Clubhouse Land improvements 692,907 Golf course equipment 669,835 Kitchen equipment, furniture and fixtures 112,332 Work in progress Less accumulated depreciation Total property, buildings and equipment TOT6L ASSETS 1,475,074 2008 1,250 (34,876) 41 942 199,340 10,896 1,411 9,394 39,090 30,509 257,996 692,907 661,913 112,332 6,430 1,473;582 (1,086,94 386,638 $ 574,754 $ 644,634 i The accompanying notes are an intF: ral part of these statements.