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• The proposed contract automatically renews; it should be renewed by Council <br />action only. <br />• There should be an early termination clause or language allowing for such. <br /> <br />GSC has accepted the recommended changes with the exception of adding an early <br />termination clause. Understandably, GSC needs a guaranteed contract to ensure <br />profitability as much of the expense occurs at the front end of the contract. If the contract <br />were terminated in the beginning years, GSC would experience a financial loss and would <br />compromise their ability to produce the cards at a profit. GSC will only consider entering <br />into a multi year agreement. <br /> <br />Recommendation <br /> <br />Staff recommends that the Council authorize the renewal of the agreement with GSC for <br />the term of five years. <br /> <br /> <br /> <br /> <br />Respectfully Submitted, <br /> <br /> <br /> <br />Mary Burg, Golf Course Manager <br /> <br />