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HomeMy WebLinkAboutL018-09 - Other - Public Golf Management, Inc. - Addendum #1 - Riverbend Clubhouse - 01/29/2002 CITY CLERK CITY OF KENT "Avenue South KENT 220 4Kent, WA 8032 WASHING-ON Fax: 253-856-6725 PHONE: 253-856-5725 Lease Agreement Cover Sheet Instructions This document is to be used in lieu of the Contract Cover Sheet SECTION 1 — CONTRACT PROCESSING AND TENANT SET-UP: All lease agreements must be signed by the Mayor or his/her designee and approved by the City Council. Lease amendments, extensions, renewals, and assignments may or may not require Council approval (contact the Law Department), but they must be signed by the Mayor. The City Clerk's Office will perform the following tasks associated with all lease agreements and amendments: • Assign a sequential lease agreement number based on starting with 001 and preceded with "L", e.g. L001. • Scan the Lease Agreement Cover Sheet, Lease Agreement (or Amendment) and, if any, related supporting documentation into the document imaging system. • Provide notification via e-mail to the Contact Person (Question 2), Law and Customer Services. The Lease Agreement Cover Sheet is to be completed for each existing and active and all subsequent lease agreements, lease amendments and assignments of lease. There is recognition that certain existing and active agreements and amendments may not incorporate new policies, e.g. commencement of the lease on the 1st of the month or year. Those agreements and amendments will be addressed through subsequent agreements and/or amendments, if any. Contract Number: L018-09-2 1. Responsible Department/Division: Parks/Admin 2. Contact Person and Title: Jeff Watling Telephone Extension: 5007 3. Tenant (Customer) Name: Public Golf Management, Inc 4. Tenant (Customer) Number: N/A - Pre JDE Accounts Receivable Lease Agreement Cover Sheet—Page 1 of 5 5. General Ledger Account Number: 48006855.56250 6. King County Tax Parcel Number: 232204-9010 (partial) 7. Address of Parcel: 2019 West Meeker Street, Kent 8. Type of Lease: Addendum One - Commercial Building Rental 9. Council Authorization Date: January 15, 2002 10, Mayor Signature Date: January 29, 2002 SECTION 2 - LEASE DURATION AND IMPORTANT DATES: All lease agreements and amendments must reflect the lease start date, lease termination date and the duration of the lease. The lease agreement may also authorize the tenant to request an extension of the lease term, i.e. either 'month to month" or for a defined period of time. The tenant must provide advanced written notice of the intent to exercise this lease option. A date certain lease start date must be established in the lease agreement and must be the first of the month. Commencement of certain leases may be predicated on certain actions by the tenant, e.g. installation of cellular tower equipment. In such instances, a reasonable fixed future date must be established in the lease agreement. 11. Lease Start Date: March 1, 2000 12. Tenant Lease Option Renewal Notification Due Date: 180 days prior to expiration of term 13. Lease Termination Date: February 28, 2006 14. Lease Duration: March 1, 2000 through February 28, 2006. One additional six year option period SECTION 3 - RENT DETERMINATION AND DUE DATE: Lease agreement must include provisions establishing the stated rent and, if over one year in length, modification of stated rent. Typically, rental increases are based on changes in the Consumer Price Index. Example of possible contract language: Effective as of each anniversary of the Commencement date (the "Adjustment Date") by an amount equal to the greater of four (4) percent or the percentage increase in the CPI two (2) months prior to the Adjustment Date and the CPI for the month 12 months prior to the Adjustment Date. "CPI" means the Consumer Price Index - All Urban Consumers, (Seattle-Tacoma-Bremerton, WA), All Items, base period 1982-84=100, Not Seasonally Adwsted, issued by the U.S. Bureau of Labor Statistics. If the CPI is converted to a different standard reference base, or otherwise revised, the adjustment set forth in this paragraph shall be made with the use of the conversion formula published by the U.S. Bureau of Labor Statistics. Lease Agreement Cover Sheet-Page 2 of 5 15. Rent: Greater of $12.00 per square foot of leased space ($5,000.00) or 5% of gross revenue/month (plus leasehold excise tax) 16. Rent Due Date: loth of the following month, e.g. January rent due February 10 17. Calculation of Rental Increase(s): N/A - Rent calculated based on stated percentage of gross revenue subject to a $5,000.00 per month minimum (plus leasehold excise tax) SECTION 4 - LEASEHOLD EXCISE TAX: Leasehold excise tax applies to the possession and use of publicly owned real property by a private sector individual, business or other organization. This tax is calculated based on 12.84 percent of the contract rent amount. See also Department of Revenue Leasehold Excise Tax Frequently Asked Questions and Answers (http://dor.wa.gov/docs/Pubs/IndustSpecific/Lease hold.pdf). Contact the Customer Services Financial Analyst (LIDS/Receivables) or the Audit Manager regarding questions in this area. 18. Is this lease subject to leasehold excise taxes? ® YES (go to Question 19) ❑ NO, reason: 19. Are leasehold excise taxes for this tenant centrally assessed, i.e. directly collected from the tenant by the Washington State Department of Revenue? ❑ YES (attach written verification received directly from DOR or indirectly through the tenant, e.g. DOR notification letter) ® NO (go to Question 20) 20. Does Lease Rent include Leasehold Excise Tax? (Leasehold taxes must be broken out on the invoice and coded: Business unit.32500.0303) ❑ YES Calculate the leasehold excise tax (Stated Rent divided by 1.1284) ® NO Calculate the leasehold excise tax (Stated Rent times .1284) SECTION 5 - APPLICABLITY OF UTLITIES: The Lease agreement must include provisions establishing responsibility for payment of utilities, including but not limited to electricity, natural gas, water, sewer, storm drainage, and garbage collection and disposal services. In certain instances, the utility service may not be applicable, e.g. septic system, or may not be provided by the City, e.g. Highline Water District service area. In all instances, City utilities will be billed through the Customer Services utility billing system. Other utilities paid by the City on behalf of the tenant, e.g. electricity or Lease Agreement Cover Sheet-Page 3 of 5 natural gas, will be invoiced to the tenant through the central accounts receivable system (JD Edwards). Electricity or natural gas charges may be established based on actual consumption, e.g. usage of a meter or by a reasonable amount established through appropriate financial analysis. Separate meters for measurement should not be established on City-owned or leased properties. The dollar amount of electric and natural gas charges must be included in the lease agreement (amendment) and should be subject to future modification based on appropriate methodologies, e.g. change in rate, etc. Contact Finance Customer Services for questions in this area, as well as ensuring that City accounts are transferred into the name of the tenant. 21. Applicability of Utilities — Check all that utilities that are affected and indicate provider (e.g. City of Kent), Account Number or basis of exclusion. ❑ Does Not Apply ® Water: 805-12167.01 (75% paid to City) ® Sewer: 805-12167.01 (75% paid to City) ® Drainage: 805-12167.01 (75% paid to City) ❑ Garbage: Waste Management (Facility not subject to these charges) ® Electricity/Natural Gas: Puget Sound Energy (75% paid to City) Ensure that Finance Customer Services is properly notified to ensure City utility account, if any, is recorded into the name of the tenant if so established in the Agreement. Ensure all other applicable charges are properly invoiced to the tenant. SECTION 6 — MONETARY PENALTIES AND LATE INTEREST CHARGES: Lease agreement should contain provisions establishing penalties and must contain provisions establishing late interest charges. Late interest (also referred to as "finance charges") should be consistent with Chapter 3.10 of the Kent City Code, i.e. currently 1% of the amount of the unpaid balance or $2.00, whichever is greater, if not paid within 30 days from the due date. 22. Monetary Penalties: 5% of the payment due and unpaid if not received by the City within 10 days of the due date (10th of the month) 23. Late Interest: 1% on the amount outstanding if not paid by the 1st day of the month following the due date for payment (approximately 20 days late) SECTION 7 — OTHER LEASE CONSIDERATIONS: 1. Tenant is required to provide a signed written statement detailing monthly gross and net receipts signed by the tenant by the 10th of the following month, e.g. January rent due February 10 (Section 4). 2. Section 4 requires payment of leasehold excise tax on the 15th of the month following the end of each quarter (RCW 82.29A.050 requires payment at the same time as collection of the related rent, i.e. monthly basis for this lease. Lease Agreement Cover Sheet—Page 4 of 5 3. Tenant is required to pay the City for telecommunication service provided to the Fire Creek Grill (Section 10). 4. Addendum One deletes Exhibit B Riverbend Retail Merchandise from the Lease Agreement and authorizes usage of City personnel for janitorial services in lieu of usage of a private contractor. Lease Agreement Cover Sheet—Page 5 of 5 ADDENDUM ONE TO LEASE AGREEMENT THIS ADDENDUM ONE between THE CITY OF KENT ("City") and PUBLIC GOLF MANAGEMENT, INC., a Washington corporation, ("Lessee") amends that certain Lease Agreement entered into between City and Lessee on or about the, day of , (the"Lease"). WITNESSETH: WHEREAS, City and Lessee entered into that certain Lease Agreement, dated !T 2 , ("Lease") wherein the Lessee agreed to lease certain property owned by the City located at the City of Kent Riverbend Golf Complex ("Premises"); and WHEREAS, City and Lessee express their mutual intent and desire to amend the Lease; NOW THEREFORE,in consideration of the mutual intent, desire and promises of the parties hereto and other good and valuable consideration, City and Lessee agree as follows: 1. Section 2 of the Lease, entitled "Use of Premises," is hereby amended to read as follows: SECTION 2. USE OF PREMISES. The Lessee shall occupy, manage and operate the Premises as a lounge and restaurant facility and shall also be entitled to access to and use of the hallways and restrooms within the clubhouse for the benefit of its customers and employees. The City further grants the Lessee a concession to sell food and beverage from concession carts and from golf course barbecues on the 18-hole golf course and shall have the right to access to those facilities to operate vending machines, carts and other means of selling food and beverage, provided that the Lessee's operation does not interfere with regular operation of the golf course. Lessee shall have the right to sell a limited selection and amount of promotional merchandise and apparel on the premises related to Lessee's food and beverage business, unless otherwise agreement. Exhibit"B"to the Lease is hereby deleted. ADDENDUM ONE TO LEASE AGREEMENT- 1 (January 29,2002) (between Cary of Kent and Public Go#Management,Inc) a s t 2. Section 6(A) of the Lease, entitled "Lessee's Operational Obligations," is hereby amended to read as follows: SECTION 6. LESSEE'S OPERATIONAL OBLIGATIONS. Lessee shall perform the following tasks: A. Provide janitorial service for the clubhouse common areas, including restrooms, golf pro office and golf course manager, the lounge, restaurant, marketing office, kitchen, patio areas, dumpster area, and other premises facilities under Lessee's control pursuant to this Lease. City shall reimburse Lessee 20% of the cost of janitorial services, subject to the City's approval of the janitorial services contract. Lessee shall provide City with a monthly statement for these services. The City may provide these janitorial services in whole or in part upon mutual agreement of the parties in which case, the compensation shall be modified accordingly. 4. Entire Agreement. Except as amended by this Addendum, all provisions of the Lease shall remain in full force and effect except as specifically modified by this Addendum One. IN WITNESS WHEREOF, the parties hereto have executed this Addendum Two,which shall take effect on the last date signed below. CITY: LESSEE: CITY OF KENT PUBLIC GOLF MANAGEMENT, INC. By: ( (cam. C Bantame: Print Name: T/04 c.1-r4;R I P Its: AAIOK. Nti0 Ito& Its: TtC-C Vr;>�G-JT Date: ! 2 9 - o Z— Date: 020 J o Z ADDENDUM ONE TO LEASE AGREEMENT-2 (January 29,2002) (between Crry of Kent and Pubkc Golf Management,Inc) , STATE OF WASHINGTON ) ss. COUNTY OF KING ) I hereby certify that on the Zq day of JWUANY , 2002, I know or have satisfactory evidence that -nm G4S" is the person who appeared before me,and said person acknowledged that he/she signed this instnument, on oath stated that he/she is authorized to execute the instrument on behalf of the City of Kent as its M OL M 'A , and such execution to be the free and voluntary act of such party for the uses and purposes mentioned in the foregoing instrument. -Notary Seal Must Appear Within Ms Box- EREOF, I have hereunto set my hand and official seal the day and UNW, :o N ), "•: /� � 4 ""- —l.� Nil, � '" �"' s pu" -ram L . "1��,�b••_ NOTARY PUBLIC,in and for the State of Washington,residing at OftigW*. My appointment expires 12-ZA-OS STATE OF WASHINGTON ) : ss. COUNTY OF KING ) I hereby certify thaton ay P 2002, I know or have satisfactory evidence th 0. is the son who appeared before me,and said person ac ow ged that he/she sign this instnune , on oath stated that he/she thorized to xecute the instrument on behalf of Public Golf Management, Inc. as its , and such execution to be the free and voluntary act of such party for the uses and purposes mentioned in the foregoing instrument. -Notary Seal Must Appear Within Thu Box- _iAl`it4RZ(�SS WHEREOF, I have hereunto set my hand and official seal the day and *sritten. :°:%. i ;o cn' i :. puel_lc cam. l��sj•• 9 ' NOTARY PUBLIC,in and the State •......' = of Washington,residing at V My appointment expires — V`CmIFlLL'8'OpmRI,lOIOV oMxOOlptyLLlae-ApbtlwOee.J¢ ADDENDUM ONE TO LEASE AGREEMENT-3 (January 29,2002) (between City of Kent and Public Golf Management,Inc)