Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Authorizing The Appropriate City Officials To Renew The Third Amended And Restated Lease Agreement Between The City Of Hollywood (City) And Southern Golf Appraisals, Inc. (SGA) For The Operation Of Hollywood Beach Golf And Country Club For A Term Of One (1) Year Commencing On June 1, 2015 And Expiring On May 31, 2016 Under The Same Terms And Conditions.
Body
Staff Recommends: Approval of the Attached Resolution.
Explanation:
The current Amended and Restated Lease Agreement with SGA for the operation of Hollywood Beach Golf and Country Club expires on May 31, 2015. The City is requesting renewal of the current Third Amended and Restated Lease Agreement to execute a future agreement in a timely manner. SGA has operated Hollywood Beach Golf and Country Club since 1995 and has agreed to a one year extension to the agreement. The additional one (1) year extension will coordinate with an extension of the agreement for the operation of Eco Golf Course. The operation of the two courses by the same entity continues to make operational and administrative sense since the operation of Eco Golf Course as a stand alone entity is not economically viable.
SGA has operated Hollywood Beach and Country Club in an acceptable manner over recent years and it is recognized as one of the better courses of its size and market in the area.
Recommended for inclusion on the agenda by:
Dr. Wazir Ishmael, City Manager
Gus Zambrano, Assistant City Manager
Chuck Ellis, Director, Parks, Recreation and Cultural Arts
David Vazquez, Assistant Director, Parks, Recreation and Cultural Arts