HomeMy WebLinkAboutLease Agreement and Corporate Membership Agreements Cherry Lane Recreation 1995 - 1996CHERRY LANE RECREATION, INC.
AND
CITY OF MERIDIAiN
CORPORATE MEMBERSHIP
Cloyer~ule ~llurse~ru
(CORPORATE MEMBER)
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 TEN THOUSAND and NO/100 DOLLARS ($10,000.00); 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
ONE HUNDRED passes per year for twenty 2~ 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, its directors, officers, employees, 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 nlav, and 4) holder n~,geds to make tee times urior to play, but if holder desires to use
sasses to conduct a golf tournament or conduct other special 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.
CI + + I ~,,,-~~~+++~~~~-,,,e~ jHFRRY LANE RECREATION. INC.
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CITY CLERK ~'-, 9a r ts~ . ~ .~ ~` SEC TAT~''~.- ~- ;~~~
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CHERRY LANE RECREATION, INC.
AND
CITY OF MERIDIAN
CORPORATE MEMBERSHIP
~on~ Inc.
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T
(CORPORATE MEMBER)
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 TEN THOUSAND and NO/100 DOLLARS ($10,000.00); 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
ONE HUNDRED 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, its directors, officers, employees, 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 ~la,X, and 4) holder needs to make tee times prior to olav but if holder desires to use
sasses to conduct a golf tournament or conduct other special plav 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.
t/ ~ da of ~a ~ , 199 6 .
Dated this y
CITY OF MERIDIAN ~,~~`~.~ 4F M~C~y~''%,
F
o
OR - SEAL =
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~ITY CLERK % '~ ~~~ 'l~P.~`~
CHERRY LANE RECREATION, INC.
AND
CITY OF MERIDIAN
CORPORATE MEMBERSHIP
~ock,~'orcctrnctors, Inc.
(CORPORATE MEMBER)
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 TEN THOUSAND and NO/100 DOLLARS ($10,000.00); 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
ONE HUNDRED 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, its directors, officers, employees, 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 play, and 4) holder needs to make tee times urior to play, but if holder desires to use
gasses to conduct a golf tournament or conduct other special ~ av 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 /, cay , 199 6 .
CITY CLERK
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CHF Y LANE ± C _ ATI I C.
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SECRET
CHERRY LANE RECREATION, INC.
AND
CITY OF MERIDIAN
CORPORATE MEMBERSHIP
~~I ~CZC~iD ~OOC ~
(CORPORATE MEMBER)
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 TEN THOUSAND and NO/100 DOLLARS ($10,000.00); 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
ONE HUNDRED 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, its directors, officers, employees, 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 play, and 4) holder needs to make tee times prior to l~av, but if holder desires to use
passes to conduct a golf tournament or conduct other special flay 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 r/ ~ day of a , 199 6 .
CITY CLERK
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L'O~Y
SHERRY LANE RECREATION, INC.
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PRESIDF~NZ` ,.,= ~ -..
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SECRET
CHERRY LANE RECREATION, INC.
AND
CITY OF MERIDIAN
CORPORATE
2~e ~2llinA Comya~
(CORPORATE MEMBER)
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 TEN THOUSAND and NO/100 DOLLARS ($10,000.00); and
WHEREAS, LESSOR and LESSEE desire to rewazd CORPORATE MEMBER for his, their, or
its labor, services or eazly payment.
NOW, THEREFORE, the CORPORATE MEMBER, above named, is hereby awarded and given
ONE HUNDRED passes per yeaz for twenty ,~Q~ 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, its directors, officers, employees, 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 plav, and 4) holder needs to make tee times prior to ,p1aX, but if holder desires to use
sasses to conduct a golf tournament or conduct others ep cial plag 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) yeazs, but if LESSEE does
not exercise its option LESSOR shall honor them or see that they aze recognized and honored by a new
lessee.
Qf~
Dated this ~/ '~ day of ~~y , 199 6 .
CITY OF MERIDIAN `~,.~~y O~ ~FRd~, :''~,~~
~o
OR = BEAL -
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CITY CLERK ~'' L, ' ~4P,.~`~
CHERRY LANE R.E~C'REATION~INC.
~ R
GOLF COURSE EXPANSION 1995-1996
DONATION ACCOUNT
Revenues Expenses
07-11-95 Grant & Lavon Kingsford-Donation $1,000.00
07-11-95 Wally Lovan-Donation $1,000.00
07-11-95 Walt Morrow Const.-Donation $1,000.00
07-11-94 Max & Betty Yerrington-Donation- $1,000.00
07-11-95 Mike ~ Peggy Lesh-Donation $501.00
07-17-95 Wayne & Karen Forney-Donation $101.00
07-31-95 Commission pd 10%-July $460.20
07-31-95 .Printing expense-Modem Printers $181.30
08-30-95 Frank & Dorothy Lutz-Donation $1,000.00
08-30-95 Wayne &~Kay Skiver-Donation $251.00
08-30-95 Postage-Golf Course Letter $16.00
08-31-95 Commission pd 10%-Aug. $125.10
08-31-95 Printing expense-Modem Printers $486.89
09-08-95 G.Klefman-Donation $50.00
09-18-95 Norman 8~ Ann Larson-1st of 6-Donation $25.00
09-19-95 William & Beverly Knapp-Donation $25.00
10-16-95 Norman 8~ Ann Larson-2nd of 6-Donation $25.00
10-16-95 Farmers 8 Merchants Bank-Donation $500.00
10-20-95 C.Wood-Rock Cont.-Donation Exchange 000.00
$10
Commission pd 10% .Sept -Oct. , $1,062.50
11-03-95 Norman & Ann Larson-3rd of 6-Donation $25.00
11-14-95 Cherry Ln.Ladies' Golf Assn.-Donation $50.00
12-05-95 Norman 8~ Ann Larson-4th of 6-Donation $25.00
12-07-95 John Ewing-Donation $10,000.00
12-07-95 John 8~ Alice McCabe-Donation $25.00
Gillingham Const. -Donation Exchange 000.00
$10
12-22-95 Commission pd 10% Nov: Dec. , .$2,012.50
12-22-95 Rock Contractors Inc.-Golf Course grading $9,000.00
12-29-95 Frank Searle-October Grounds Maint. $2,400.00
12-29-95 Frank Searle-November Grounds Maint. $4,110.00
02-12-96 Norman & Ann Larson-5th of 6-Donation $25.00
02-12-96 Gem State Devlpmnt Center-Donation $35.00
02-28-96 Hubble Engineers-Staking Service $662.50
03-01-96 Norman & Ann Larson-6th of 6-Donation $25.00
03-01-96 Rock Contractors Inc.-Ground Work $2,170.00
03-31-96 Idaho Statesman-Ad/Fullers Cherry Ln $305.91
03-31-96 Modem Printers-Passes 8 Flyers $210.00
04-23-96 Hi-Micro Tool-Donation $10,000.00
04-29-96 Commision pd 10% Feb.-April $1,008.50
05-31-96 Golf Course Pass/Modem Printers $55.00
06-03-96 William G. Berg, Sr.-Donation $2,500.00
06-OS-96 Commision pd 10% May-June $250.00
ACCOUNT TOTALS $49,188.00 $24,516.40
BALANCE $24,671.60
.~ ~.f ~.
~~ ~~ ~~
(* Const. Exchange)