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6.C.(1) Amendment Blackthorn Golf Course Operations and Management Agreement
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6.C.(1) Amendment Blackthorn Golf Course Operations and Management Agreement
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10/14/2008 4:33:56 PM
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AMCNDMENT TO GOLF COURSE OPERATIONS AND A~1ANAGEMENT <br />ACKI+ EMEN'1' BLACKTHORN GOLF COURSE <br />This Amendment (the °Amendment"), is made as of this day of <br />2008 by and between the South Bend Redevelopment Conunission. <br />«overning body of the City of South Bend Department of Rede~°elopment ("Owner~~). and <br />Mcado~~brook Goll Group. Inc. (..Mana~,cr'~). <br />WHEREAS. Owner and Manager entered into GOLF COURSE OPERATIONS AND <br />MANAGEMENT AGREEMENT BLACTHORN GOLF COURSE on Junc 20. 2003. <br />(the "~~ana~~cmcnt A~zreement"), for the management of the Blackthorn Golf Course <br />located in South Bend, Indiana: <br />W[IF.REAS, the parties ha~eto desire to amend the Management Agreement. <br />NOW THEREFORE, in consideration of the mutual promises, covenants and conditions <br />contained in the Management Agreement and contained herein. and ft~r other good and <br />valuable consideration. the receipt and sufticiency of ~~~hich are hereby acknowledged. <br />the Parties hereto covenant and a~~rcc that this Amendment shall amend and become part <br />of the Management Agreement as follows: <br />Section 4.01 is stricken and replaced with the follow ing: <br />Section 4.01. Term. The term of this Agreement shall be six (6) years. The <br />services of Manager shall commence on January 1. 2004. and shall terminate <br />December 3 L 2009 unless terminated sooner as provided herein. It is the intent <br />of Owner and 'Manager that nothing in this Article IV affecting the term of this <br />Agreement is intended to be contrary to or interfere with any Internal Revenue <br />regulations as the same may be applicable to the tax-exempt status of bonds <br />issued by Owner to f3nancc or rctinance the construction of the Golf Course. <br />All other terms, conditions and provisions of the Management Agreement shall remain in <br />full force and clfect. <br />(Rrmurnder o/~~~c~~rr in~en~iunul/r lc°/i blank) <br />
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