HomeMy WebLinkAboutWaiver of First Year Lease Req.
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RECEIVED
MAY - 8 2006
May 1, 2006
City of Meridian
City Clerk Office
Mayor Tammy de Weerd
Council President Shaun Wardle
Meridian City Council
City of Meridian
Meridian, Idaho 83642
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Dear Mayor de Weerd and Council President VVardle,
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Thank you for allowing us to present a progress update on the Lakeview
Meridian Golf Club. As you certainly gathered from the information, we are very
excited about the progress we have made in our first year of operation. We
appreciate your confidence and look forward to a mutually beneficial long term
relationship with the City of Meridian.
Needless to say, we have made substantial capital improvements this year and
although the pace of future upgrades is likely to be a bit less aggressive, much
more is coming. Accordingly, we are formally requesting a waiver of the first year
lease payment obligation pursuant to the lease agreement.
Again, thank you for your support and we hope that you are' as plea$ed as we ..
are with our progress on this crown jewel of Meridian. We look forward to having
you visit the course facility for a walk through and will look to schedule this in the
next several weeks.
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Very truly yours,
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Dick Davis
Lakeview Meridla 0 ub
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P.O. Box 2020 . Boise, Idaho 83701
Ph. (208) 429-9596 . Facsimile (208) 429-9597