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HomeMy WebLinkAboutReso - CC - 110-2016RESOLUTION NO.110-2016 A RESOLUTION OF THE CITY OF BURLINGAME AUTHORIZING THE CITY MANAGER TO EXECUTE AMENDMENT NO. 5 TO THE AGREEMENT BETWEEN THE CITY OF BURLINGAME AND VB GOLF II FOR CONDUCT OF GOLF OPERATIONS AT THE BURLINGAME GOLF CENTER WHEREAS, on July 1, 2003, the City Council entered into an agreement with VB Golf II (VB Golf) for golf operations at the Burlingame Golf Center; and WHEREAS, the term of the agreement expires on December 31, 2016; WHEREAS, the City has issued a Request for Proposals for the operation of the Golf Center site due to an interest in rejuvenating and maximizing the use of the property; and WHEREAS, the City needs time to allow for the evaluation of any proposals it receives; and WHEREAS, the parties have agreed that is it in the best interest of the City and VB Golf to amend the agreement for three-month periods beginning on January 1, 2016; and WHEREAS, the parties have also agreed that this amendment shall continue until a new lease has been determined or the net operating income for VB Golf goes below $2,000 per quarter, whichever occurs sooner. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BURLINGAME AS FOLLOWS: 1. The City Council approves Amendment No. 5 to the agreement between the City and VB Golf for conduct of golf operations at the Burlingame Golf Center. 2. The City Manager is authorized to execute Amendment No. 5 to the agreement between the City and VB Golf. a, A��111 Ann Keighran,ay r I, Meaghan Hassel -Shearer, City Clerk of the City of Burlingame, do hereby certify that the foregoing resolution was introduced at a regular meeting of the City Council held on the 5th day of December, 2016, and was adopted thereafter by the following vote: AYES: COUNCILMEMBERS: BEACH, BROWNRIGG, COLSON, KEIGHRAN, ORTIZ NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE d//// Meagh el -Shearer, City Clerk