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HomeMy WebLinkAboutBill Berg FamilyCHERRY LANE RECREATION, INC. AND CITY OF MERIDIAN CORPORATE MEMBERSHIP ~~[.~ ~~~ (FAMILY MEMBERSHIP) WHEREAS, the CITY OF MERIDIAN, Idaho, hereafter referred to as "LESSOR", has title to and owns the land upon which CHERRY LANE GOLF COURSE, hereafter referred to as "COURSE", is situated and has entered into the Lease, as Lessor, for the management, operation and maintenance of the COURSE; WHEREAS, CHERRY LANE RECREATION, INC., hereafter referred to as "LESSEE", has entered into a Lease of the COURSE for the management, operation and maintenance of the COURSE; WHEREAS, CORPORATE MEMBER, above named, which may not in fact be a corporation, has either performed labor or services for the construction or creation of the second nine golf holes for the COURSE or has purchased a corporate membership prior to completion of the second nine holes, .either of which has a value of TWO THOUSAND FIVE HUNDRED and NO/100 DOLLARS ($2,500.00); and WHEREAS, LESSOR and LESSEE desire to reward CORPORATE MEMBER for his,, their, or its labor, services or early payment. NOW, THEREFORE, the CORPORATE MEMBER,' above named, is hereby awarded and given TWENTY FIVE passes per year for twenty ~ years, for greens fees to play golf at the CHERRY LANE GOLF COURSE, which passes may be used individually or jointly and may be used by the CORPORATE MEMBER, guests, or may be donated or given away. A pass 1) must be surrendered to LESSEE, or its employees, at the club house prior to tee off, 2) entitles the user to no more rights than to be allowed to play golf, 3) must have been in the user's possession prior to flay, and 4) holder needs to make tee times prior to play,, but if holder desires to use uasses to conduct a golf tournament or conduct others ecial play he must make prior arrangements with LESSEE. LESSEE'S Lease of the COURSE terminates on October 2, 2003, but LESSEE has an option to renew its Lease for a period long enough to honor the passes for twenty (20) years, but if LESSEE does not exercise its option LESSOR shall honor them or see that they are recognized and honored by a new lessee. Dated this ,~,(~ day of , 199 ~ . ~``~''~ ~ ~~'''~., CHERRY LANE RECRFATION~ INC.. w ~ $. CITY CLERK :. ,~ s~ . ,. - ~~ ?~.~, ~ ~~ ~ A~,~~`~~ SECRETAR C_~''1.R~fT'~ ~ ~~~~ llJ1`r1i,t 111171\\\\