HomeMy WebLinkAboutFIFTH AMENDMENT LEASE AUGUSTA ARSENAL SOCCKER CLUB
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STATE OF GEORGIA )
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COUNTY OF AUGUSTA-RICHMOND )
Fifth Amendment to Lease
This amendment to lease, effective this i day of
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, 2007 is
entered into between AUGUSTA 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).
Witnesseth:
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 by a
Third 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)
NOW, THEREFORE, in consideration of the October 1, 1996 Lease Agreement, the
September 4, 2001 Amendment to Lease, the September 11, 2002 Second Amendment to
Lease, the January 18,2005 Third Amendment to Lease, the January 20, 2006 Fourth
Amendment to Lease and the mutual benefits of maintenance and operation of said leased
property, the Parties hereby amend said Lease Agreement by adding the following new
provision thereto:
1. The term of this amendment shall be one (1) year, beginning January 1, 2007
and terminating December 31, 2007.
2. Lessor shall allocate to the lessee the amount of $43,000 for the purpose of
providing all maintenance, upkeep and all other operational costs associated with the
leased property. These operational responsibilities shall include, but not be limited
to, all electrical, water sewer, janitorial, field preparation and maintenance building
repairs and bleacher maintenance and repairs.
3. Lessor shall be responsible for field lighting maintenance and upkeep,
including but not limited to, replacement of bulbs and fixtures as needed, pole
maintenance and repairs, electrical wiring repairs and redirection of lights as
necessary.
4. Lessor shall provide a minimum of thirty (30) working days of one (1)
inmate crew consisting of a Correctional Officer and six (6) inmates for the purpose
of providing grounds maintenance services at the leased property. Work requests
associated with this stipulation shall be directed by the lessee.
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5. Lessor agrees to provide the grounds maintenance equipment as outlined in
attachment 1 to the lessee for the term of this agreement. The Lessor shall provide
such equipment in good working order at the commencement of this agreement, and
the Lessee agrees to return said equipment in good working order at the conclusion
of this agreement, minus normal wear and tear associated with it's use.
6. The payment schedule from the Lessor to the Lessee shall be as follows:
$12,500.00 - payable by February 1St!" 2007
$12,500.00 - payable by April 15, 2007
$12,500.00 - payable by July 15, 2007
$ 5,500.00 - payable by October 15,2007
7. 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.
IN WITNESS 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 Club, Inc.
Augusta Georgia,
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