Lease Agreement and Corporate Membership Agreements Cherry Lane Recreation 1995 - 1996CHERRY LANE RECREATION, INC.
AND
CITY OF MERIDL N
CORPORATE MEMBERSHIP
Cloverdale nks-n
(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 N0/100 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 twenty20) 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 Slay, but if holder desires to use
passes 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.
Dated this - lqt( day of , 199.
CITY OF MERIDIAN ,,,,►►►►►►►►►��►,,,e� jHERRY LANE RECREATION. INC.
OR _-PRESIDE?7 _
SEAT,
CITY CLERK 9a r ts� �` SEC TA Y--,
CHERRY LANE RECREATION, INC.
AND
CITY OF MERIDIAN
CORPORATE MEMBERSHIP
l..
otic Inc.
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 N0/100 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 (20) 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 play, but if holder desires to use
passes 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. Q
t/ da of , 199 6 .
Dated this y
CITY OF MERIDIAN �,��`�.� 41F
F
o
OR - SEAL =
CR
=Y CLERK V
CHERRY LANE RECREATION, INC.
AND
CITY OF MERIDIAN
CORPORATE MEMBERSHIP
lock. contrmtm 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 N0/100 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 play, but if holder desires to use
passes 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 &/.1—A day of /'Cay , 199A--
CITY
99 6.
CITY CLERK
1� /
CHERRY LANE RECREATION, INC.
AND
CITY OF MERIDIAN
CORPORATE MEMBERSHIP
if f0701�� i
(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 N0/100 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 (20) 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 play, but if holder desires to use
passes 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 0 day of M4 , 19941
6 .
CITY CLERK
CHERRY LANE RECREATION, INC.
PRESIDr
SECRET
CHERRY LANE RECREATION, INC.
AND
CITY OF MERIDIAN
CORPORATE
4gg
(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 N0/100 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 LM 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 play, but if holder desires to use
passes to conduct a golf tournament or conduct other special 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) 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.
Qf�
Dated this day of lw!!�y , 199 6 .
CITY OF MERIDIAN `,.� y Orr
�o
OR = SEAL -
_ �Crift O
CITY CLERK
CHERRY LANE R.ECREATION, INC.
GOLF COURSE EXPANSION 1995-1996
DONATION ACCOUNT
ACCOUNT TOTALS $49,188.00 $24,516.40
BALANCE $24,671.60
( * Const. Exchange)
RECLsv! E--0
JUL
CITY OF VRID N
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 Yen ington-Donation
$1,000.00
07-11-95
Mike & Peggy Lesh-Donation
$501.00
07-17-95
Wayne & Karen Forrey-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 & Ann Larson -1st of 6 -Donation
$25.00
09-19-95
William & Beverly Knapp -Donation
$25.00
10-16-95
Norman & Ann Larson -2nd of 6 -Donation
$25.00
10-16-95
Farmers & Merchants Bank -Donation
$500.00
10-20-95
C.Wood-Rock Cont. -Donation Exchange
$10,000.00
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 & Ann Larson -4th of 6 -Donation
$25.00
12-07-95
John Ewing -Donation
$10,000.00
12-07-95
John & Alice McCabe -Donation
$25.00
Gillingham Const. - Donation Exchange
$10,000.00
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 Devipmnt 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 & 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
06-05-96
Commision pd 10% May -June
$250.00
ACCOUNT TOTALS $49,188.00 $24,516.40
BALANCE $24,671.60
( * Const. Exchange)
RECLsv! E--0
JUL
CITY OF VRID N