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No. 1101 approving an agreement among the SBRA, SBRC and the St. Joseph County Airport Authority for the operation and management of Blackthorn Golf Course and authorizing the execution thereof
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No. 1101 approving an agreement among the SBRA, SBRC and the St. Joseph County Airport Authority for the operation and management of Blackthorn Golf Course and authorizing the execution thereof
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10/18/2012 2:55:23 PM
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10/25/2011 2:14:52 PM
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9. REMEDIES UPON DEFAULT <br />In the event Redevelopment or Airport breaches or defaults <br />under any of the terms of this Agreement, the rights of the party not <br />in default shall be limited to the right to recover costs and <br />expenses incurred in the performance of the Agreement to the time of <br />breach, and shall not include the right to compel specific <br />performance of this Agreement. <br />10. MANAGEMENT OF BLACKTHORN <br />(a) Redevelopment and Airport hereby establish the Joint <br />Committee to oversee the management and operation of Blackthorn, as <br />provided herein. <br />(b) Redevelopment and Airport acknowledge their intent that <br />Blackthorn be managed and operated in a highly profession, efficient <br />and businesslike manner, by professionals experienced and qualified <br />in the operation of a first class, full service golf facility. it is <br />the intent of Redevelopment and Airport to retain the services of <br />Contractor, through the Management Agreement, to provide for the <br />professional operation and management of Blackthorn. <br />(c) Joint Committee. The membership of the Joint Committee <br />shall be composed of a total of two (2) members selected annually by <br />Redevelopment from their membership; a total of two (2) members <br />selected annually by Airport from its membership; the Executive <br />Director of the Department of Economic Development for the City of <br />South Bend; and the Executive Director of the Michiana Regional <br />Airport. The staff of the City of South Bend, Department of <br />Redevelopment shall serve as staff to the Joint Committee. The <br />responsibilities and authority of the Joint Committee shall commence <br />immediately. <br />(d) Governance of Joint Committee <br />(1) The Joint Committee will be subject to and <br />governed in accordance with provisions of this Agreement. <br />(2) The Joint Committee shall meet from time to time, <br />as necessary to carry out its responsibilities and purposes <br />hereunder, and shall publish notice of its meetings and conduct its <br />meetings in accordance with the provisions of I.C. 5- 14 -1.5. <br />(3) A simple majority of the Joint Committee <br />membership shall constitute a quorum at any meeting of the Joint <br />Committee. The act of the majority of the members present and voting <br />at a meeting at which a quorum is present shall be the act of the <br />Joint Committee. <br />(d) Responsibilities of Joint Committee <br />(1) Conduct its business and affairs for the benefit <br />of Redevelopment and Airport. <br />-10- <br />
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