Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Execute 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 Eco Grande Golf Course.
Body
Staff Recommends: Approval of the Attached Resolution.
Explanation:
The City is the owner of the Eco Grande Golf Course located at 1451 Taft Street.
On June 17, 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 Number R-2015-169, the parties were authorized to negotiate an agreement embodying the terms and conditions of the RFP to be considered by the City Commission at a later date.
The parties have fully negotiated the attached License and Management Services Agreement which provides for an initial term of ten (10) years with an option to renew for an additional ten (10) year term at the sole discretion of the City contingent upon MWV providing additional capital improvements to the License Premises in an amount not less than $400,000.00.
In accordance with the terms and conditions of the attached Agreement, MWV will be providing capital improvements as more specifically set forth in Exhibit "B" in the amount of $300,000.00 during the first three (3) years of the Agreement.
City Staff, the Assistant City Manager, and City Manager recommend that the City Commission approve and authorize the execution of the attached Agreement.
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 Comp...
Click here for full text