HomeMy WebLinkAbout05-039 Approving a golf course lease and designating net proceeds to colf course improvements
\
RESOLU ION NO. 05-039
A RESOLUTION OF THE ITV COUNCIL OF THE CITY OF PORT
TOWNSEND, W ASffiNGTON, PPROVlNG A GOLF COURSE LEASE AND
DESIGNATING NET PROCEE S FROM THE GOLF COURSE LEASE AND
SALE OF ADJACENT PROPE TV TO GOLF COURSE IMPROVEMENTS
WHEREAS, the Golf Cours Task Force Report (November, 2004) recommends
the City take steps to improve the go f course, enhance its attractiveness, and make it the
best nine-hole course in Western Wa hington, and recommends continuation of the
present management structure where the course is leased to a professional operator, with
preference given to the present lesse Mike Early Golf Shops, Inc.; and
WHEREAS, the Golf Cours Task Force Report (November, 2004) recommends
that capital improvements are neede and recommends that the City designate a capital
improvement fund comprising net ds to the City from golf course operations and from
the sale of adjacent "excess" (not ne ded for golf course) property; and
WHEREAS, as recommend d by the Golf Course Task Force Report, the City
Council determines it appropriate to approve the proposed lease with the Mike Early Golf
Shops, Inc., and to designate a capi 1 fund comprising net funds to the City from golf
course operations and from the sale f adjacent "excess" (not needed for golf course)
property,
I
I
NOW, THEREFORE, BE iT RESOLVED by the City Council of the City of
Port Townsend as follows:
I. The City Manager is authorized 0 execute a I O-year lease (plus 5 year option) for the
golf course with Mike Early Go f Shops, Inc., on terms contained in the draft Lease
Agreement presented to the Cit Council at its September 19, 2005 meeting; and
2. The City Council designates the net proceeds from the golf course lease and the sale
of adjacent property (identified t the Task Force Report) to golf course capital
improvements. Proceeds shoul be placed in a golf course capital improvement
account for this purpose. Coun il reserves the right to determine appropriate uses of
the proceeds for golf course im rovements.
ADOPTED by the City Co cil of the City of Port Townsend at a regular
meeting thereof, held this nineteen day of September, 2005.
ra,d.. _ 'iA~2l',-u-
Catharine Robinson, Mayor
Attest:
Approved as to form:
~~
John P. Watts, City Attorney
Resolution 05-039