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2006-358 RESOLUTION NO. 2006-358 RESOLUTION AUTHORIZING THE ASSIGNMENT OF THE GOLF COURSE LEASE FROM CROWN GOLF PROPERTIES, L.P. TO CK GOLF PARTNERS, L.L.C. WHEREAS, the City of Janesville executed a ten year lease with Crown Golf Properties, L.P. and said lease expires on December 31 2010; and WHEREAS, the parent company of Crown Golf Properties, L.P., the Henry Crown Company, has elected to dissolve all of its golf course operations and leases; and WHEREAS, Crown Golf Properties, L.P. is recommending the golf course lease be assigned to CK Golf Partners, L.L.C; and WHEREAS, the partners of CK Golf Partners, L.L.C. were previously employed by Crown Golf Properties, L.P. and are familiar with the golf course operations in Janesville; and WHEREAS, CK Golf Partners, L.L.C. will be affiliated with the Kemper Sports Company; and WHEREAS, CK Golf Partners, L.L.C. has agreed to accept the golf course lease assignment with the existing contract language for the balance of the lease term. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Janesville that they hereby authorize the assignment of the golf course lease for Riverside and Blackhawk Golf Courses from Crown Golf Properties, L.P. to CK Golf Partners, L.L.C. for the balance of the lease term or December 31, 2010; and BE IT FURTHER RESOLVED, that the City Manager and/or his designee(s), on behalf of the City of Janesville, is/are hereby authorized and empowered to negotiate, draft, modify, review, execute, renew and/or extend this lease and enter into additional agreements, records, file and/or make minor modifications and/or amendments to any and all documents, papers, forms, and agreements, and to take whatever other actions as the City Manager may determine, from time to time and at any time, necessary and/or desirable to effectuate the intent of this resolution and/or lease assignment. J:\Leisure\Facilities\Golf Courses\2006-358 Resolution for CK Golf Partners.doc /õ" Motion by: Williams Second by: Brunner Council member Aye Nay Pass Absent Brien X Wellnitz, Tom X Williams X Brunner X Wellnitz, Tim X DeGarmo X Addie X ADOPTED: December 11, 2006 APPROVED: C Steven E. Sheiffer, City ATTEST: APPROVED AS TO FORM: úJd~ City Attorney Proposed by: Leisure Services Department Prepared by: Leisure Services Department J:\Leisure\Facilities\Golf Courses\2006-358 Resolution for CK Golf Partners.doc