Broken Arrow City Council
Meeting of: 09-18-2018
Title:
title
Approval of and authorization to execute a Consent to Assignment Agreement by and between City of Broken Arrow, a municipal corporation, operating a golf course known as the Battle Creek Golf Course and Greenway Golf Associates, Inc., a California corporation (“Assignor”) and Greenway Golf Partners, an Oklahoma limited liability corporation (“Assignee”)
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Background:
Greenway Golf Associates, Inc., entered into a Golf Course Professional Management Services Agreement on July 1, 2016 and most recently renewed on July 1, 2018. The agreement is for Greenway Golf Associates, Inc., to provide golf course management services for Battle Creek Golf Course.
This Consent to Assignment Agreement is a result of State Question 792 which changed the law on Beer and Wine sales that takes effect October 1, 2018. As a result of SQ 792 the City of Broken Arrow can no longer hold a beer license through the State of Oklahoma, therefor Greenway Golf Partners has been created as an Oklahoma limited liability corporation for the sole purpose of becoming the applicant for the Beer and Wine license for Battle Creek Golf Course. This will allow for beer sales to continue at Battle Creek Golf Course.
All terms of the Golf Course Professional Management Services Agreement have not changed and remain in effect.
Cost: $0
Funding Source: N/A
Requested By: Scott Esmond, Director of Parks and Recreation Department
Approved By: Michael L. Spurgeon, City Manager
Attachments: Consent of Assignment Agreement
Exhibit “A” Sums Due and Owing to City of Broken Arrow
Exhibit “B” Golf Course Professional Management Services Agreement
Recommendation:
recommend
Approve and authorize execution of a Consent to Assignment Agreement by and between City of Broken Arrow, a municipal corporation, operating a golf course known as the Battle Creek Golf Course and Greenway Golf Associates, Inc., a California corporation (“Assignor”) and Greenway Golf Partners, and Oklahoma limited liability corporation (“Assignee”).
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