Loading...
Extension to Management Agreement (3/1/2016 - 2/28/2017) EXTENSION TO MANAGEMENT AGREEMENT This Extension to Management Agreement ("Extension") is entered into this 2.6 day of October, 2015. between the City of Salina, Kansas, a municipal corporation ("City"), and Global Spectrum, LP, a Delaware limited partnership ("Manager"). Recitals A. The City and Manager are parties to a certain Management Agreement, dated March 1, 2012 (the "Agreement"), under which Manager agreed to provide management and operations services for the Salina Bicentennial Center; and B. The City has elected to extend the Agreement for an additional one (1) year as provided in Section 4.1(a) of the Agreement. THE PARTIES THEREFORE AGREE AS FOLLOWS: 1. Extension of Agreement. The Agreement is hereby extended for an additional one (1) year commencing March 1, 2016, and ending February 28, 2017, unless terminated earlier as provided in the Agreement. 2. Authorization and Effect. This Extension is made pursuant to Section 4.1(a) of the Agreement. Except as otherwise stated in this Extension, the Agreement. as extended herein, shall continue in full force and effect. IN WITNESS WHEREOF. the parties have executed this Agreement as of the date written above. CITY OF SALINA, KANSAS By: on R. lanchard, Mayor ATTEST: KUL [LAOIS Shai i Wicks. CMC, City Clerk GLOBAL 'P l TN 1 M, LP By: !i I Name: Philip .i Weii berg Title: Presid;nt & Secretary Globa Spectrum, Inc., its General Partner