Loading...
Addendum to First Tee Agreement ADDENDUM TO FIRST TEE AGREEMENT This Addendum to First Tee Agreement ("Addendum") is entered into this 22"d day of June, 2015, by and between the City of Salina,Kansas, a municipal corporation("City"), and The First Tee, Saline County,Kansas,Inc.,a Kansas not for profit corporation("Chapter"). Recitals A. The City and Chapter are parties to an Agreement, dated July 10, 2000 ("Agreement"), setting forth the terms and conditions of their agreement to fund, develop, construct, operate, manage, and maintain a six-hole golf course, together with related facilities at 2500 E. Crawford, Salina, Kansas ("Facility"), to be operated as part of The First Tee's national program. B. The parties have satisfied their initial obligations under the Agreement pertaining to financial commitments and construction of the Facility. C. The Agreement's initial term is for a period of fifteen (15) years, and the parties wish to enter into this Addendum for the purpose of extending the Agreement for an additional fifteen(15)years. The parties, in consideration of the mutual promises set forth in this Addendum, agree as follows: 1. Extension of Agreement. The Agreement is extended for an additional fifteen (15) year period, commencing July 10, 2015, and ending July 9, 2030, unless terminated earlier as provided in the Agreement. 2. Authorization and Effect. This Addendum is intended to provide substitute provisions for Section 3.1 of the Agreement. All other provisions of the Agreement are extended and remain in full force and effect. IN WITNESS WHEREOF, the parties have caused this Addendum to be signed by their duly authorized officers on the day and year first above written. CITY OF SALINA SAS By: - fPj, :- ' . Blanchard,Mayor ATTEST: • By: Sh i Wicks,CMC,City Clerk THE FIRST TEE, SALINE COUNTY,KANSAS,INC. By;00.-- • 1 Kar; Couch,President