HomeMy WebLinkAbout2012-04-24; Public Financing Authority; Resolution 581 RESOLUTION NO. 58
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2 A RESOLUTION OF THE BOARD OF DIRECTORS OF
THE CARLSBAD PUBLIC FINANCING AUTHORITY.
EXTENDING THE GOLF COURSE MANAGEMENT
4 AGREEMENT BETWEEN THE CARLSBAD PUBLIC
FINANCING AUTHORITY AND KEMPER SPORTS
5 MANAGEMENT FOR AN ADDITIONAL SIX MONTHS
WHEREAS, the Carlsbad Public Financing Authority (the "Authority") currently
has a Golf Course Management Agreement ("Agreement") (dated May 10, 2006) with
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g Kemper Sports Management (KSM) to manage The Crossings at Carlsbad ("The
10 Crossings") golf course; and
11 WHEREAS, KSM is currently managing the The Crossings in accordance with
12 the said Agreement; and
1^ WHEREAS, the Agreement is scheduled to expire on July 28, 2012; and
WHEREAS, it is in the best interest of the Authority to extend the Agreement for
six additional months to January 28, 2013.
NOW, THEREFORE, BE IT RESOLVED by the Carlsbad Public Financing
Authority as follows:
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1. That the above recitations are true and correct.
20 2. That the Golf Course Management Agreement with Kemper Sports Management
21 for management of The Crossings at Carlsbad golf course (dated May 10, 2006)
is hereby extended by six (6) months to January 28, 2013.
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3. That other provisions of the current Agreement remain in full force and effect.
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PASSED, APPROVED AND ADOPTED at a Special Meeting of the Carlsbad
Public Financing Authority held on the 24*^ day of April 2012, by the following vote to
wit:
AYES: Board Members Hall, Kulchin, Blackburn and Packard.
NOES: None.
ABSENT: Board Member Douglas.
ATTEST:
bRRAiKE M, WOOD, Secretary
(SEAL) ^ .xoiiM//,..
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