05-472 Lease Agreement for Golf Course
CITY OF MERIDIAN
RESOLUTION NO.
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BY THE CITY COUNCIL:
BIRD, DONNELL, ROUNTREE, WARDLE
A RESOLUTION APPROVING AN ASSIGNMENT OF LEASE AND
AMENDED LEASE AGREEMENT FOR THE PROVISION OF GOLF COURSE
OPERATIONS AT THE CITY OF MERIDIAN'S MUNICIPAL GOLF COURSE;
AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AND ATTEST
SAID AGREEMENT ON BEHALF OF THE CITY; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, on April 26, 2005 the City Council of the City of Meridian held a
hearing regarding the Assignment of Lease and Amended Lease Agreement for the provision
of golf course operations at Meridian's municipal golf course; and,
WHEREAS, the previous leaseholder of the City of Meridian's municipal golf
course, Cherry Lane Recreation, Inc. has sold and assigned all its right, title and interest in
and to the lease and the real property subject thereto, and certain personal property
commonly known as Cherry Lane Golf Course to Lakeview Meridian Investors, LLC. and
Boise Ranch Golf Course, Inc.; and,
WHEREAS, pursuant to the terms of the October 3, 1978 lease agreement, the lessee
shall not assign its interest in the lease without written consent of the City; and,
WHEREAS, as a condition of providing its consent to the assignment of the lease,
City desires to amend certain terms of the lease agreement.
NOW THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY
COUNCIL OF THE CITY OF MERIDIAN CITY, IDAHO:
Section 1. That the Assignment and Amended Lease Agreement dated May 17, 2005
attached hereto and incorporated herein by reference is approved as to both form and content.
Section 2. That the leased premises are not currently needed for City purposes and
the terms of the Amended Lease Agreement are just and equitable.
Section 3. That the Mayor and City Clerk are hereby authorized to respectively
execute and attest said Agreement on behalf of the City of Meridian.
Section 4. That this Resolution shall be in full force and effect immediately upon its
adoption and approval.
Resolution for Assignment of Lease and Amended Lease Agreement for Golf Course Operations
at City of Meridian's Municipal Golf Course Page 10f2
ADOPTED by the City Council of City of Meridian, Idaho, this /7!! day of
f}2atj- ,2005. cIh
APPROVED by the Mayor of the City of Meridian, Idaho, this /7 -- day of
/haJ ' 2005.
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Jf dL-: A- SEAL
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Resolution for Assignment of Lease and Amended Lease Agreement for Golf Course Operations
at City of Meridian's Municipal Golf Course Page 2 of2