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HomeMy WebLinkAbout2nd Amendment to Mgmt Agmt . .. ,. SECOND AMENDMENT TO THE INTERIM MANAGEMENT AGREEMENT FOR THE CITY OF MIAMI BEACH NORMANDY SHORES GOLF COURSE BETWEEN THE CITY OF MIAMI BEACH AND PROFESSIONAL COURSE MANAGEMENT II LTD. This Second Amendment to that certain Agreement, dated September 5, 2001, and effective October 1, 2001, between the City of Miami Beach, Florida ("City"), and Professional Course Management II Ltd. ("PCM II"), to Provide Professional Services for the Management of the City's Normandy Shores Golf Course (the "Agreement"), and as amended on November 25, 2003 (the "First Amendment"), is entered into this /714 day of )/1f/t.{I/f , 2004 (the "Second Amendment"). RECITALS WHEREAS, the City currently has an Agreement with PCM II for professional services for the management of the City's Normandy Shores Course, as amended by the First Amendment, and effective through April 30, 2004, or until closure of Normandy Shores Golf Course for planned construction/renovations, which ever is first; and WHEREAS, due to the delay relative to the closure of the Normandy Shores Golf Course and the additional costs associated with such delay, a portion of which have been borne by PCM II, the City and PCM II have realized that amendments to certain terms and conditions of the Agreement are necessary; said amendment(s) extending the term of the Agreement through April 30, 2005; and WHEREAS, the Second Amendment, as set forth below, is in the best interest of the City and PCM II for a continued relationship between the parties and for PCM II to continue to provide the exceptional level of service expected by the City; NOW THEREFORE, in consideration for the mutual covenants and promises provided herein and which are part of the Agreement, the parties herein agree to amend the Agreement as follows: 1. Section 3 of the Agreement entitled "TERM", is hereby amended to read as follows: The Term of this Agreement shall begin on October 1, 2001 and conclude on April 30, 2004- 2005, or immecliately upoa the closlHe of Normaeay Shores Golf Course for planned eenstmetionlronoyations, which ovor is fI-rst, including a cancellation clause upon sixty (60) day~ written notice to PCM II for convenience and without cause, to be exercised at the will of the City, if deemed in the best interest of the City, subject to the City's rights to terminate same pursuant to Section 15 of the Agreement. 2. Section 4 of the Agreement entitle "RENT", is hereby amended to read as follows: In consideration of the City executing this Agreement, and granting the rights provided in this Agreement, PCM II shall pay the City $6,000 per month, or a total of $72,000 annually. If after the closure of the Bayshore Golf Course there is a 20% increase in the number of rounds of golf played at the Normandy Shores Golf Course (over a base annual number of 45,000 rounds and a monthly allocation as broken down in Attachment "Exhibit A") the monthly payment will increase from $6,000 to $9,000 for the month. In consideration for PCM II continuing to provide professional golf course management services through April 30, ~ 2005, ar liBtil the elasaro of NOfR'um.dy Shores Golf CoW'so for planned constmetioa/roRElVations, ',vhieh ever is fIrst, the parties agree that, commencing retroactively on May 1, 2003, and continuing through the end of the term of this Agreement, the City shall abate all future rent due as provided for in the Agreement. Notwithstanding the aforestated rent abatement, all the other terms and conditions of the Agreement, as amended herein, shall continue to apply. 3. Section 123 of the Agreement entitled "Personal Property" and found under Section 12 entitled "ALTERATIONS, MAINTENANCE. AND REPAIRS", is hereby amended to read as follows: At the commencement of this Agreement the City will purchase or lease the necessary golf course maintenance equipment, as mutually agreed upon by both parties, for Normandy Shores Golf Course, and as shall offered and incorporated herein as Exhibit A. PCM II, will pay the City for approximately 75% of the annual cost of this maintenance equipment expense. Said payment should be submitted at the time the rent payment is made, PCM II will be responsible for the maintenance and proper operation of all equipment, to ensure that all warrantees and guarantees remain in effect. It is further understood that this golf course maintenance equipment will be relocated to the Bayshore Golf Course when it reopens, and at that time the 100% of the cost for the lease/ purchase will be the responsibility of the City. A list of City provided golf course equipment included in the Agreement for use by PCM II during the term hereof, is attached and incorporated herein as Exhibit D. PCM II shall maintain all City-owned equipment at its sole cost and all equipment such other equipment as may be necessary to maintain the Premises in a condition which satisfies those maintenance standards set forth in Exhibit C. The City shall have the right to periodically take an inventory of any or all equipment on the Premises, In consideration for PCM II continuing to provide professional golf course management services through September 30, ~ 2005, or URtil the clas1:lre of NormaRay Shares Golf Ca1:l,rse for ]3laRHod eal'lstruetion/l'ellayations, '.vhieh eyer is first, the parties agree that, commencing retroactively on May 1, 2003, and continuing through the end of the term of this Agreement, PCM II shall have no responsibility to pay the City for approximately 75% of the annual cost of this maintenance equipment expense, and the City shall assume all such costs. Notwithstanding the aforestated waiver of responsibility for equipment maintenance costs, all the other terms and conditions of the Agreement, as amended herein, shall continue to apply, The parties further acknowledge that if deemed necessary, PCM II will be responsible to supplement the maintenance equipment through either the direct lease or purchase by PCM II of any equipment not included in Exhibit D, to be used for the operation and maintenance of the Premises, 4. Section 1,1 of the Agreement entitled "Real Property" and found under Section 1 entitled "PREMISES TO BE MANAGED", is hereby amended to read as follows: Those certain City owned golf course commonly known as: a, Normandy Shores Golf Course, 2401 Biarritz Drive (excluding sanitary sewage area) Together with all buildings, improvements and fixtures located thereon, In consideration for PCM II continuing to provide professional golf course management services through April 30, ~ 2005, or lffitil the e1osl:H'o af NormaRay Shores Galf COl:H'se for ]3laRHed eaflstmetian/reBa'/atiol'ls, whieh ever is first, the parties agree that commencing retroactively on May 1, 2003, and continuing through the term of this Agreement, the terms and conditions of this Agreement shall not apply to, and PCM II shall not provide professional services for, the Par 3 Golf Course, 2795 Prairie Avenue, and the City shall assume management responsibility for that Golf Course, Notwithstanding the aforestated release of duty to provide services for the Par 3 Golf Course, all the other terms and conditions of the Agreement, as amended herein, shall continue to apply, [THIS PAGE LEFT INTENTIONALLY BLANK] IN WITNESS WHEREOF, the parties have caused this First Amendment to be executed by their duly authorized officers and representatives as of the day and year first above written, as a sealed instrument. ~tf~ CITY CLERK BY: ATTEST: ATTEST: d),,- ' PROFESSIO AL COURSE MANAGEMENT II, LTD, (PC II) LA PONZINA PRESIDENT BY: SECRETARY (CORPORATE SEAL) I F:\atto\AGUR\AGREEMNTIPCM-Normandv GolfCo"rse Second Amend-Redline,doc APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION 1-{ ~c..{ Data