Presenter
Presented by Mr. Lavelle
Title
Resolution authorizing the Mayor and the Directors of the Departments of Public Works, Finance and Parks and Recreation to enter into a Lease Agreement with C R JRS CHIP, Inc. d/b/a The First Tee of Pittsburgh at the Bob O'Connor Golf Course at Schenley Park.
Body
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1.
WHEREAS, at the end of 2006, the City agreed to lease the Schenley Park Golf Course to TFTP for four years beginning on January 1, 2007; and
WHEREAS, the current lease agreement term ends on December 31, 2010, and both City and TFTP wish to continue a similar Agreement;
WHEREAS, the City has agreed to lease the Golf Course to TFTP for five additional years with both parties providing financial contributions to provide necessary capital improvements, maintenance, and operation funding; and
WHEREAS, specifically, the City has, contingent upon necessary annual appropriations, offered to contribute the following amounts to assist with the operation of the Golf Course, which amounts TFTP will match in addition to providing all annual supplementary funding required to cover any operation and/or maintenance deficits:
Year 1 (2011): $100,000
Years 2-5 (2012-2015): an amount to be mutually determined by the parties during the Lease Term, but not to exceed $160,000 per year.
WHEREAS, TFTP and the City of Pittsburgh now wish to enter into a Lease Agreement to facilitate this purpose.
Be it resolved by the Council of the City of Pittsburgh of Pittsburgh as follows:
Section 1. The Mayor and the Directors of the Departments of Public Works, Finance, and Parks and Recreation are hereby authorized to enter into a Lease Agreement for the period of five (5) years, 2011 through 2015, commencing January 1, 2011, for the Bob O'Connor Golf Course at Schenley Park. Pursuant to said Lease, the City will provide One Hundred Thousand Dollars ($100,000.00) for capital improvements and/or maintenance during year 2011. Such City contributions shall be paid from the following chart account:
Bud Yr Fund Org Proj Amount
2011 6100 400000 2238452 $100,000
Thereafter, contingent upon necessary appropriation of City Council, in 2012 through 2015, the City will provide an amount to be mutually agreed upon by the parties, but, in any event, not to exceed One Hundred Sixty Thousand Dollars ($160,000.00) annually. Such City contributions shall be paid from the following chart accounts:
Bud Yr Fund Org Proj
2012 6100 400000 2238452
2013 6100 400000 2238452
2014 6100 400000 2238452
2015 6100 400000 2238452
The term of the Agreement shall be for five years beginning as of January 1, 2011 and expiring on December 31, 2015, with an option to renew thereafter with the same terms as set forth herein (unless otherwise noted herein) for an additional five (5) year period. The Agreement shall be approved by the City Solicitor as to form and substance.
Section 2. The City Controller shall encumber funds for the 2012, 2013, 2014, and 2015 lease term years from and subject to the amount of funds to be appropriated by City Council in respective budget years from the following chart accounts:
Bud Yr Fund Org Proj
2012 6100 400000 2238452
2013 6100 400000 2238452
2014 6100 400000 2238452
2015 6100 400000 2238452