Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Execution Of The Attached License And Management Services Agreement Between McCumber-Wright Venture, LLC And The City Of Hollywood To Provide Operation And Management Services For The Hollywood Beach Golf And Country Club.
Body
Staff Recommends: Approval of the Attached Resolution.
Explanation:
The Department of Parks, Recreation and Cultural Arts desires to retain management services for the operation of Hollywood Beach Golf and Country Club and Eco Grande Golf Club.
On June 17, 2015, the City Commission passed and adopted Resolution Number R-2015-169 which authorized appropriate city officials to negotiate an agreement between the highest ranked firm and the City of Hollywood to be considered at a late date.
The highest ranked firm was McCumber-Wright Venture, LLC (“MWV”).
MWV and city officials have fully negotiated an agreement which provides an initial term of ten (10) years, and a renewal option for an additional ten (10) year period.
In lieu of MWV compensating the City in a direct manner, MWV will invest $2,000,000.00 in capital money over the initial term and an additional $2,500,000.00 should the agreement be renewed.
Award is subject to the City’s receipt and approval of all insurance certificates required by the City’s Risk Manager, and indemnity to the City, along with signed Statement of Hold Harmless and Indemnity in favor of the City.
Recommended for inclusion on the agenda by:
Dr. Wazir Ishmael, City Manager
Gus Zambrano, Assistant City Manager for Sustainable Development
Mirtha Dziedzic, Interim Director, Financial Services
Chuck Ellis, Director, Parks and Recreation & Cultural Arts
Paul Bassar, Contract Compliance Officer, Office of the City Manager