HomeMy WebLinkAboutAgenda Report - May 7, 1986 (55)Cm COUNCIL Mg�G - -
MA 7, 1986
GOLF DRIVING RiM -
LEASE ASSI(W0iT Council was apprised by City Manager Peterson that the City
leases the Golf Driving Range located at the Grape Festival
CC -2'7(b) grounds to Mr. Bob J. Gasaway. Mr. Gasaway desires to sell
his business to Mr. George Sakurai and Mr. Ken Wollenberg.
To om plete this transaction it is necessary for the City
Council to approve the assigrmnt of the lease to the new
owners.
Council authorized the assignment of the Golf Driving
Range Lease and authorized the City Manager and City Clerk
to execute the Consent to Assigment on behalf of the City.
UNCIL C0111tUNICATIO"
TO THE CITY COUNCIL DATE NO
FROM: THE CITY MANAGER'S OFFICE . May 1, 1986
SUBJECT: GOLF DRIVING RANGE LEASE ASSIGNKWr
RECOMMENDED AOrION: That the City Council authorize the assignment of
the Golf Driving Range Lease.
BACKGROUND INFORMATION: The City leases the Golf Driving Range located on
the Grape Festival grounds to Mr. Bob J. Gasaway.
Mr. Gasaway desires to sell his business to
Mr. George Sakurai and Mr. Ken Wollenberg. lb ccnplete this transaction it
is necessary for the City Council to approve the assignment of the lease to
the new owners. The execution .of the attached Assignment (Exhibit Ai
acccrrplishes this.
Res ly submitted,
Thanas A. Peterson
City Manager
•!AP/lh
EXHIBIT A
A S S I G N M E N T
For value received, BOB J. GASAWAY does hereby assign to GEORGE SAKURAI
and KEN WOLLENBERG all interest in and to the Agreement for the exclusive
right to operate the Golf Driving Range located at the Northwest corner of
HiEhway 99 and Locketord Street, in the City of Lodi, State of California,
whe ein the City of Lodi is the First Party and BOB J. GASAWAY is the Second
Pasty, and which Agreement is dated February S, 1986.
The effective date of this Assignment is April 28 , 1986, and said
Assignment is effective only upon obtaining the written consent of the
City of Lodi.
DATED: April 1986.
1986.
ACCEPTANCE OF ASSIGNMENT
The undersigned, GEORGE SAKURAI and KEN WOLLENBERG do hereby accept the
foregoing Assignment and agree to be bound by all of the terms of said Agreement
dated February 5, 1986.
DATED: April��O, 1986.
VN WOLLENBERG
CONSENT TO ASSIGNMENT
The City of Lodi does hereby consent to the foregoing Assignment.
DATED: April , 1986.
CITY OF LODI
By:
Thomas A. Peterson
City Manager