HomeMy WebLinkAboutRES 08-358 RESOLUTION NO. 08-358
WHEREAS, by Resolution No. 98-261 dated September 22, 1998, City Council
approved the existing Management and Concession Agreement with the Beaumont Yacht
Club for its continued operation of the City's public arena; and
WHEREAS, as a result of loss of revenues created by extensive damage caused
bar Hurricane Rita, said agreement was amended by Resolution No. 06-120 dated April 25,
2006, reducing the monthly installments paid by the Beaumont Yacht Club to the City of
Beaumont from $11,200 per month to $7,500; and
WHEREAS, the Beaumont Yacht Club made timely payments to the City of
Beaumont until September, 2008, when Hurricane Ike caused extensive damage to the
marina, again resulting in a loss of revenue by the Beaumont Yacht Club; and
NOW, THEREFORE, BE IT RESOLVED
BY THE CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT the City Manager is hereby authorized to execute an amendment to the
Management and Concession Agreement with the Beaumont Yacht Club deferring the
October, November and December, 2008, installments of $7,500, thereby extending the
expiration of the Agreement to September 30, 2015.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 23rd day of
December, 2008.
\ 11,1
- Mayor Becky Ames -
AMENDMENT TO
MANAGEMENT AND CONCESSION AGREEMENT
WHEREAS, the City of Beaumont and the Beaumont Yacht Club, Inc., entered into
a Management and Concession Agreement on or about October 1, 1998, for the operation
and management of a public marina; and
WHEREAS, this Agreement was amended May 24, 2006, as a result of premises
damage occurring as a result of Hurricane Rita; and
WHEREAS, Hurricane Ike has caused additional damage to the Yacht Club marina
facility; and
WHEREAS, the Beaumont Yacht Club Board of Governors has requested a
deferment of installment payments for the months of October, November and December,
2008; and
WHEREAS, the City Council has determined it is in the best interest of the citizens
of Beaumont to amend the Agreement to defer the October, November and December,
2008, payments to the end of the term of the Agreement;
NOW, THEREFORE, in consideration of these premises and the mutual promises
and agreements hereinafter set forth, the parties hereby agree to amend the Agreement
as follows:
The October, November and December, 2008, monthly payments will be deferred
to the end of the term of the Agreement as an extension. Commencing on July 1, 2015,
and concluding on September 30, 2015, the Beaumont Yacht Club agrees to make
monthly payments of $7,500 per month to the City of Beaumont in lieu of the payment
schedule set forth in said Agreement and paragraph prior to the execution hereof.
All other terms and conditions of the Agreement executed on October 1, 1998, not
specifically addressed by this amendment shall continue and remain in full force and affect.
IN WITNESS WHEREOF, the parties hereto have executed this amendment on the
ll day of 12009.
BEAUMONT YACHT CLUB
By:
RK y Ware, Commodore
ATTE T:
CITY OF BEAUMONT
By: t l L
Kyle Hayes, City Manager
AT ST:
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