Agenda Packets - 1997/07/28 - Laserfiche WebLink

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adequate funding for agreed upon capital improvement projects. • 2. The City shall approve an annual budget including capital improvement projects by December 31st for the subsequent year. Included in the budget will be the prices for all categories of green fees, driving ranges, leagues and golf cart rentals. In no event shall these prices be reduced unless by agreement by both parties. 3. The City agrees to provide specialized equipment which it owns for special projects on the golf course provided that the Manager provides adequate advanced notice for scheduling of such equipment. 4. The City and the Manager agree to cooperate, whenever possible, in effectively operating and maintaining The Bridges and other city facilities and equipment. Whenever possible, golf course employees and other city employees will assist each other with no billing to the other department or program,provided that the overall time spent by golf course employees at other city facilities during a year is approximately equal to time other city employees spend assisting the golf course. 5. The City agrees to establish an executive committee to deal with issues arrise at The Bridges. The committee shall be comprised of the Mayor, one councilor appointed by the City Council,the City Administrator and the City Finance Director. Article VI. Default The Manager acknowledges that the terms, conditions and requirements set forth in this • agreement are material inducements to the City entering into this agreement. Should the Manager fail to perform any of the terms, conditions or requirements, the City shall give written notice thereof to the Manager specifying those acts or things which must occur in order to remedy said default. The City shall specify in said written notice the period of time, not less than 30 days, within which the Manager must remedy the default. Should the default remain upon the expiration of the time to remedy the default, the City may give written six(6)month notice to terminate the agreement. Should the City fail to perform any term, condition or requirement set forth in the agreement, the Manager shall give written notice thereof to the City specifying those acts or things which must occur in order to remedy said default. The Manager shall specify in the written notice the period of time not less than 30 days within which the City must remedy the default. Should the default remain upon expiration of the time to remedy the default, the Manager may give written six (6) month notice to terminate the agreement. Article VII. Other provisions 1. Any alteration, variation, modification or waiver of the provisions of this agreement shall be valid only after it has been reduced to writing and duly signed by both parties. 2. Notwithstanding any provision of this agreement to the contrary,the Manager shall not be relieved of liability to the City for damages sustained by the City by virtue of breach of this agreement by the Manager, and the City may withhold any payments or credits to the Manager for the purpose of set off until such time as the exact amount of damages due the city from the Manger is determined. Following