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HomeMy WebLinkAbout4608 - MINUTE ORDERS - 7/25/1990 MINUTE ORDER NO. 4608 APPROVING AMENDMENT NO. 2 TO AGREEMENT #2224 BETWEEN THE CITY OF PALM SPRINGS AND MR. NORMAN E. NISSEN, MODIFYING PARAGRAPH 3 FROM A FIVE YEAR EXTENSION OF THE AGREEMENT TO ONE YEAR, WITH THE OPTION OF FOUR ADDITIONAL SUCCESSIVE ONE YEAR EXTENSIONS; PARAGRAPH 4 FROM THE PROVISION THAT A FAIR MARKET VALUE WOULD BE NEGOTIATED BETWEEN THE CITY AND CONCESSIONAIRE TO CITY ESTABLISHING FAIR MARKET VALUE FOR PURPOSES OF PURCHASING EQUIPMENT IN THE CASE OF TERMINATION OF THE AGREEMENT; PARAGRAPH 35 TO ADD SUBPARAGRAPH (e) TO PROVIDE THAT THE AGREEMENT MAY BE CANCELED BY CITY FOR THE CONVENIENCE OF THE CITY WITH A THIRTY (30) DAY WRITTEN NOTICE AND SUBPARAGRAPH (f) TO PROVIDE THAT THE CITY REQUIRE THE NEW CONCESSIONAIRE PURCHASE THE EXISTING LIQUOR LICENSE FOR $6,000 IN THE CASE OF TERMINATION OF THE AGREEMENT; AND PARAGRAPH 40, TO CHANGE THE RESPONSIBLE STAFF OFFICIAL FROM THE DIRECTOR OF COMMUNITY SERVICES TO THE DIRECTOR OF GENERAL OPERATIONS. I HEREBY CERTIFY that this Minute Order, approving Amendment No. 2 to Agreement #2224 between the City of Palm Springs and Mr. Norman E. Nissen, modifying Paragraph 3 from a five year extension of the Agreement to one year, with the option of four additional successive one year extensions; Paragraph 4 from the provision that a fair market value would be negotiated between the CITY and CONCESSIONAIRE to CITY establishing fair market value for purposes of purchasing equipment in the case of termination of the Agreement; Paragraph 35 to add subparagraph (e) to provide that the Agreement may be canceled by CITY for the convenience of the CITY with a thirty (30) day written notice and subparagraph (f) to provide that the CITY require the new concessionaire purchase the existing liquor license For $6,000 in the case of termination of the Agreement; and Paragraph 40, to change the responsible staff official from the Director of Community Services to the Director of General Operations, was adopted by the City Council of the City of Palm Springs, California, in a meeting thereof held on the 25th day of July, 1990. �JUDITH SUMICH City Clerk