HomeMy WebLinkAbout03/01/1974MINUTES
ADJOURNED MEETING OF THE CITY COUNCIL
CITY OF SAN LUIS OBISPO, CALIFORNIA
March I, 1974 - 12:15 P.M.
City Hall
Pledge
Roll Call
Present: John C. Brown, T. Keith Gurnee, Myron Graham
and Mayor Schwartz
Absent: Jesse Norris
City Staff
Present: J. H. Fitzpatrick, A. J. Shaw, Jr., David
Williamson, William Flory.
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I. A. J. Shaw, Jr., City Attorney, reviewed for the City
Council, the proposed lease between the City and Rockwell Federal
Credit Union for the golf pro shop, snack bar, and golf course
commonly known as-Laguna, Lake Golf Course located on Los Osos Road
in the City of San Luis Obispo.
Total rent for the period March I - August 31, 1974 to be $5,000.00
with $833.33 payable on the first day of each month. The City
Attorney explained that the first 13 conditions of the lease were
usual conditions, but that item 14 was added which reads:
14) "Upon termination of the lease, the lessee
' shall deliver back to the lessor, all furniture,
fixtures and equipment listed herein in good condition
and repair, reasonable wear and tear excepted.'
15) Lessee shall not change the contour of the
demised land nor dig any drainage ditches or canals
upon said land without first obtaining the written
consent of lessor thereto.
16) Lessee is hereby given an option to purchase the
demised premises and all furniture, fixtures and
equipment thereon-for the sum $260,000.00 cash.
Said option may be exercised anytime prior to August
31, 1974, by written notice to lessor sent by
certified mail, plus deposit of the sum of $10,000.00
in an escrow at any bank or title company in San Luis
Obispo with usual escrow provisions. The balance
of the purchase price shall be payable upon close
of escrow. Said escrow shall close not more than 60
days after it has opened.
17) It is understood that lessor is in the process
of obtaining good title to the furniture, fixtures and
equipment in accordance with the Bulk Sales Law
(U.C.C. 6101 -7) and that the actual transfer of
such title to lessor shall take place on March II,
1974, if no substantial claims.of credit are received."
Added to the lease is an inventory of equipment, fixtures and sup-
plies of the Laguna Lake Golf Course and Pro Shop.
City Council Minutes
March I, 1974
Page 2
Mr. Shaw also presented a report prepared by Richard D. Miller,
Administrative Officer, projecting fiscal effects of golf course
operation by the City. Some of the figures for the operation
estimated an average increase of about 30% activity, and with
good City operation and consequent public acceptance, golf course
experts feel that it may be possible to increase by 100 %.
The Administrative Officer submitted a projected golf course
budget for estimated revenue and expenditures for the period March
I to August 31, 1974 and -.then a projected operational budget for
September - I, 1974 to August 31, 1975.
On motion of Gurnee, seconded by Graham, the following resolution
was introduced:
RESOLUTION NO. 2568 (1974 Series)
A RESOLUTION OF THE COUNCIL OF THE CITY OF
SAN LUIS OBISPO APPROVING A SIX MONTHS LEASE
OF LAGUNA LAKE GOLF COURSE WITH AN OPTION TO
PURCHASE AND AUTHORIZING THE MAYOR, TO EXECUTE
SAID LEASE.
Passed and adopted on the following roll call vote:
AYES: T. Keith Gurnee, Myron Graham, John C. Brown
and Mayor Schwartz.
NOES: None
ABSENT: Jesse Norris
On motion of Gurnee, seconded by Graham, the City was authorized
to purchase all stock in trade in the Pro shop and snack bar
including the golf clubs and equipment for $499.00.
Motion carried, Councilman Norris absent.
Mayor Schwartz thanked the representatives from Rockwell Federal
Credit Union for their cooperation in arranging the lease.
2. David Williamson, Assistant Administrative Officer,
reviewed very briefly some of the proposals submitted by the
Planning Consultants who had been asked to submit proposals for
an update of the City's General Plan. He explained some of the
criteria that he had established in asking for proposals, and stated
that written report would follow on each individual proposal with
recommendations by the City Staff.
3. On motion of Graham, seconded by Brown, the meeting
adjourned.
APPROVED: May 20, 1974
�J. itzpatrick, City Clerk