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HomeMy WebLinkAbout16996 1 RESOLUTION NO. 16,996 2 3 A RESOLUTION TO AUTHORIZE THE MAYOR TO EXECUTE AN 4 AMENDMENT TO EXTEND THE TERM OF THE CONTRACT 5 BETWEEN THE CITY OF LITTLE ROCK AND THE FIRST TEE OF 6 CENTRAL ARKANSAS TO MAINTAIN AND OPERATE A YOUTH GOLF 7 PROGRAM FOR THE CITY OF LITTLE ROCK,ARKANSAS; AND FOR 8 OTHER PURPOSES. 9 10 WHEREAS, the City of Little Rock entered into The First Tee Facilities Agreement ("Original 11 Agreement:") on October 27, 1999 by and between the City of Little Rock,Arkansas (the "City"), and 12 World Golf Foundation,Inc.,a Florida not-for-profit corporation,by and through its division,The First Tee 13 (The First Tee")as authorized by Little Rock Resolution No. 10,677(October 26, 1999). 14 WHEREAS,the City of Little Rock entered into a Lease Agreement Between the City and First Tee 15 of Arkansas to manage the Jack Stephens Youth Golf Academy as authorized by Little Rock Resolution No. 16 10,958 (December 12,2000). 17 WHEREAS,the City of Little Rock extended the Original Agreement between the City and First Tee 18 of Arkansas an additional fifteen (15)years as authorized by Little Rock Resolution No. 13,741 (July 16, 19 2013). 20 WHEREAS,the City of Little Rock reimbursed The First Tee of Central Arkansas in an amount not to 21 exceed one hundred fifteen thousand dollars ($115,000.00) for the cost of the HVAC system at the Jack 22 Stephens Youth Golf Academy as authorized by Little Rock Resolution No. 14,976(June 5, 2018). 23 WHEREAS, the City of Little Rock entered into The First Tee of Central Arkansas Facilities 24 Agreement between the City of Little Rock,and The Jack Stephens Youth Golf Academy,Inc.,an Arkansas 25 not for profit corporation, doing business as The First Tee of Central Arkansas on December 1, 2020, as 26 authorized by Little Rock Resolution No. 15,364(December 1, 2020). This Agreement extended the term 27 to December 31,2025, including the options to extend; and 28 WHEREAS,the parties have reached an agreement to extend the lease term of The First Tee of Central 29 Arkansas Facilities Agreement an additional term of one (1) year with the mutual option to extend an 30 additional four(4)one(1)year terms; and, 31 WHEREAS, the new term will begin on January 1, 2026, to run through December 31, 2026, and, 32 upon mutual agreement,the City of Little Rock and The First Tee of Central Arkansas can be extended up 33 to four(4)additional one(1)year terms, ultimately ending on December 31, 3030. [Page 1 of 2] 1 WHEREAS,any interest in land must be approved by the Board of Directors as set forth in 2 Ark.Code Ann. §14-54-302i. 3 NOW,THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 4 OF LITTLE ROCK,ARKANSAS; 5 Section 1.The City Board of Directors authorizes the City Manager to enter into an addendum to the 6 The First Tee of Central Arkansas Facilities Agreement dated December 1, 2020. This addendum will 7 extend the lease term from January 1,2026,to run through December 31,2026,and upon mutual agreement, 8 the City of Little Rock and The First Tee of Central Arkansas additional four (4) one (1) year terms, 9 ultimately ending on December 31,3030. 10 Section 2. The adoption of this Resolution, and the execution of this addendum, hereby ratifies all 11 actions that have been taken by The First Tee of Central Arkansas prior to the date of execution. 12 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or 13 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or 14 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and 15 effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the 16 resolution. 17 Section 3.Repealer. All laws, ordinances, resolutions, or parts of the same,that are inconsistent with 18 the provisions of this resolution,are hereby repealed to the extent of such inconsistency. 19 ADOPTED: March 17,2026 20 ATTEST: APPROVED: 21 I/LW/AA-1 I'//22 /�( 23 Shaqueena McDowell,Deputy City Clerk Frank Scott,Jr.,Mayor 24 APPROVED AS TO LEGAL FORM: 25 26 `Lfwt-4-1 / / '� � 27 Thomas M.Carpenter,City Attor ey 28 // 29 // 30 // 31 // 32 // 33 // 34 // [Page 2 of 2]