HomeMy WebLinkAboutAUGUSTA ARSENAL SOCCER CLUB SIXTH AMENDMENT TO LEASE
Witnesseth:
STATE OF GEORGIA )
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COUNTY OF AUGUSTA-RICHMOND)
Sixth Amendment to Lease
This amendment to lease, effective this ~ I day of 4~ ~, 2007 is
entered into between AUGUST A GEORGIA, a political subdivision of the State of
Georgia, hereinafter referred to as (Lessor), and AUGUSTA ARSENAL SOCCER CLUB,
INC., a Georgia Corporation, hereinafter referred to as (Lessee). Lessor and Lessee shall
sometimes be referred to as (Parties).
WHEREAS, On October 1, 1996 Lessor and Lessee entered into a long term lease
agreement, attached hereto as Exhibit "A", to provide Lessee with the right to operate
certain property owned by Lessor for recreational, educational, and other purposes ("Lease
Agreement"); and
WHEREAS, On September 4, 2001 said Lease Agreement was amended in writing by an
Amendment to Lease, attached hereto as Exhibit "B" to provide for the construction and
use of a multi-purpose building ("Amendment to Lease").
WHEREAS, on September 11, 2002 said Lease Agreement was amended in writing by a
Second Amendment to Lease, attached hereto as Exhibit "c" to provide for the installation
of field lighting (Second Amendment to Lease).
WHEREAS, on January 18,2005 said Lease Agreement was amended in writing bya
1hird Amendment to lease, attached hereto as Exhibit "D" to provide for maintenance and
operation to the property (Third Amendment to Lease).
WHEREAS, on January 20, 2006 said Lease Agreement was amended in writing by a
fourth amendment to lease, attached hereto as Exhibit E, to provide for maintenance and
operations to the property (Fourth Amendment to Lease)
WHEREAS, on February 6, 2007 said Lease Agreement was amended in writing by a
fifth amendment to lease, attached hereto as Exhibit F, to provide for maintenance and
operations to the property (Fifth Amendment to Lease)
Whereas, the parties now desire to amend the Lease as to provide for improvements of
the leased properties property, the parties hereby amend the Lease by adding the following
new provisions thereto:
1. Lessee contemplates making some or all of the capital improvements to the
leased premises in accordance with a list of said improvements as indicated
below, subject to any revisions approved by Lessor. The total cost of
improvements is set at a not to exceed amount of $160,000. Lessor shall
contribute up to $160,000 of its own funds toward the cost of the improvements
to the lessee using SPLOST Phase V funds, when said funds become available.
2. The improvement plan scheduled is to light two additional fields, known as fields
4 and 5, and to re-lamp and re-aim lights and fixtures on the existing fields.
Payments made by the Lessor to the Lessee shall be for said lighting
improvements only.
3. Schedule of payment would be as follows:
a. Pay Request 1 - For all materials and labor associated with the project after
the erection of all light poles and after inspections have been conducted and
approved by City Electrical Staff.
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b. Pay Request 2 - Remaining balance not to exceed $160,000 in total for the
project, after final inspections have been conducted and approved by City
Electrical Staff.
4. All financial records of the Lessee related to this lighting project shall be
subject to an audit conducted by the Lessor.
5. Except as amended herein the terms of the October 1,1996 Lease
Agreement remain in full force and effect and govern the responsibilities
between the Lessor and Lessee.
INWI1NESS WHEREOF, Lessor and Lessee executed, signed, sealed, and
delivered this amendment to lease agreement in duplicate effective the day and year first
written above.
Augusta Arsenal Soccer Oub, Inc.
Augusta Georgia,
Attest: /i,./J A 1LJJ
fJvt,~ Secretary
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Lena J. Bonner, CMC
Clerk of Commission
Room 801 - Municipal Buildin!
530 Greene Street - Augusta, GA. 3091-
(706) 821-1820 - FAX (706) 821-1831
Office Of The Clerk of Commission
Nancy Morawski
Deputy Clerk
MEMORANDUM
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DATE:
Mr. Tom Beck, Director
Augusta Recreation Department
SUBJECT:
Lena J. Bonner, Clerk of Commission
A~,2007
Sixth Amendment to Lease-Augusta Arsenal Soccer Club
Enclosed is the original of the above referenced document, which was approved by the
Augusta Commission in its regular meeting, held Tuesday, August 21,2007. Please have
the agreement executed by the Augusta Arsenal Soccer Club and return the original
document to the Clerk's office for the city's official file. Feel free to retain a copy of the
document for your records.
Please let us know if we can be of further assistance.
Enclosure:
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