Title
A Resolution Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Execute An Amended And Restated License And Management Services Agreement With McCumber-Wright Venture, LLC For The Hollywood Beach Golf And Country Club.
Strategic Plan Focus
Infrastructure & Facilities
Body
Staff Recommends: Approval of the attached Resolution.
Explanation:
On June 6, 2015, the City Commission passed and adopted Resolution No. R-2015-169 which awarded the contract for Golf Course Management Services to McCumber-Wright Venture, LLC (“MWV”) pursuant to RFP No. 4442-15-IS.
Pursuant to Resolution No. R-2015-169, the parties were authorized to negotiate an agreement embodying the terms and conditions of the RFP which the City Commission approved on June 1, 2016.
City staff and MWV wish to re-negotiate the License and Management Services Agreement for the Hollywood Beach Golf and Country Club (“HBGC”) to address the City’s General Obligation Bond renovation project.
Fiscal Impact:
MWV will pay for eight months of grow-in maintenance of the HBGC. The City will pay $75,000.00 per month to MWV for continued grow-in maintenance after the initial eight-month period until the reopening of HBGC. Funding for the City’s portion of the Hollywood Beach Golf Grow-In maintenance was included in the amended FY 2024 Capital Improvement Plan and is available in account number 334.309901.57200.531300.001857.000.000.
Upon re-opening of the HBGC to the public, MGV will pay for the continued management of the licensed premises. The City will receive monthly rent in the amount of $12,500.00. Additionally, MWV shall pay the City twenty percent from the Gross Revenues in excess of $2,000.000.00.
Recommended for inclusion on the agenda by:
David, Vazquez, Assistant Director, Parks, Recreation and Cultural Arts
Ricky Engle, Director, Parks, Recreation and Cultural Arts
Gus Zambrano, Assistant City Manager, Sustainable Development