AMENDMENT FOUR WITH KCCM ENTERPRISES LLC.PDF
Extracted text (via tesseract_tsv)
3050 characters
AMENDMENT FOUR TO USEMANAGEMENT AGREEMENT BETWEEN MARICOPA COUNTY AND KCCM ENTERPRISES, LLC C-30-06-032-1-03 RECITALS WHEREAS, Maricopa County, a political subdivision of the State of Arizona, herein after referred to as “County,” and KCCM Enterprises, LLC, an Arizona corporation, herein after referred to as “Concessionaire’are parties to thatUse Management Agreement (CS915129) dated April 15, 1991, amended by Amendment One(CS915129) dated January 5, 1994: assigned by Assignment from Sun States Sports, Inc. to KCCM Enterprises, LLC (C-30-06-032- 1-00) dated June 1, 2006; amended by Amendment Two (C-30-06-032-1-01) dated June 3, 2009; and, Amendment Three (C-30-06-032-1-02) dated August 4, 2010 (collectively, “Agreement” )for management and operation of the Victsry Lane Sports Complex at Adobe Dam Regional Park; and WHEREAS, the term of the Agreement expires en June 30, 2019; and WHEREAS, County and Concessionaire desire to enter into this Amendment 4to the Agreement, herein after referred to as “Amendment Four,” in order to exercise the twenty-five (25) year renewal option (defined below): and WHEREAS, the Countyand Concessionaire desire that the Concessionaire continue operating and managing the Victory Lane Sports Complex; and WHEREAS, theCounty and Concessionaire desire to enter into this Amendment Fourwith the understanding that all provisions of the Agreement not otherwise amended herein shall havethe same and in full force and effect. NOW, THEREFORE, in consideration of the mutual representations, warranties, covenants and agreements contained herein and for other good and valuable consideration, the receipt and sufficiency are hereby acknowledged, the County and Concessionaire do hereby agree as follows. The Recitals, by this reference, arehereby incorporated into this Agreement. 1. The term of the Agreement is hereby extended twenty-five (25) years, from July 1, 2019 to June 30, 2044 (“Renewal Option”). During this Renewal Option the Concessionaire shall continue to operate and manage the Victory Lane Sports Complex under the same terms and conditions that currently exist under the Agreement as amended except as amended herein. Page 1 of 2 2. During this Renewal Option Concessionaire shall pay to County a minimum annual rent of seventy-five thousand dollars ($75,000) or 9% of gross income, whichever is greater. 3. The County and Concessionaire acknowledge that the Agreement as amendedis subject to cancellation pursuant to the provisions of A.R.S. §38-511, which is incorporated herein by this reference. 4. The foregoing paragraphs contain all of the changes made by this Amendment Four. All other terms and conditions of the Agreement remain the same and in full force and effect. IN WITNESS WHEREOF, the County and Concessionaire have executed this Amendment Four as of the day of 2019. , MARICOPA COUNTY Chairman Date Board of Supervisors ATTEST Clerk of the Boarc Date Approved as to Form: Attorney for Maricopa County Date CONCESSIONAIRE: KCCW Enterprises, LLC LCA thle U By: Date Page 2 of 2