HomeMy WebLinkAbout6.C.(1) Amendment Blackthorn Golf Course Operations and Management AgreementAMCNDMENT TO GOLF COURSE OPERATIONS AND A~1ANAGEMENT
ACKI+ EMEN'1' BLACKTHORN GOLF COURSE
This Amendment (the °Amendment"), is made as of this day of
2008 by and between the South Bend Redevelopment Conunission.
«overning body of the City of South Bend Department of Rede~°elopment ("Owner~~). and
Mcado~~brook Goll Group. Inc. (..Mana~,cr'~).
WHEREAS. Owner and Manager entered into GOLF COURSE OPERATIONS AND
MANAGEMENT AGREEMENT BLACTHORN GOLF COURSE on Junc 20. 2003.
(the "~~ana~~cmcnt A~zreement"), for the management of the Blackthorn Golf Course
located in South Bend, Indiana:
W[IF.REAS, the parties ha~eto desire to amend the Management Agreement.
NOW THEREFORE, in consideration of the mutual promises, covenants and conditions
contained in the Management Agreement and contained herein. and ft~r other good and
valuable consideration. the receipt and sufticiency of ~~~hich are hereby acknowledged.
the Parties hereto covenant and a~~rcc that this Amendment shall amend and become part
of the Management Agreement as follows:
Section 4.01 is stricken and replaced with the follow ing:
Section 4.01. Term. The term of this Agreement shall be six (6) years. The
services of Manager shall commence on January 1. 2004. and shall terminate
December 3 L 2009 unless terminated sooner as provided herein. It is the intent
of Owner and 'Manager that nothing in this Article IV affecting the term of this
Agreement is intended to be contrary to or interfere with any Internal Revenue
regulations as the same may be applicable to the tax-exempt status of bonds
issued by Owner to f3nancc or rctinance the construction of the Golf Course.
All other terms, conditions and provisions of the Management Agreement shall remain in
full force and clfect.
(Rrmurnder o/~~~c~~rr in~en~iunul/r lc°/i blank)
11~~ ~~~ITNESS WHEREO[~. Manager and O~~~ncr ha~~e caused their duly authorized
rcprescntati~~e to execute the Amendment the day and year fiirst above ~~~ritten.
MANAGER: OWNER
Meado~~~bruok Golf Group, Inc. South Bend Redevelopment Commission
Bv: Bv:
"hide: President and CEO Title:
Date: Date:
Attest: