HomeMy WebLinkAboutAmendment to Use AgreementAMENDMENT TO USE AGREEMENT
THIS AMENDMENT TO USE AGREEMENT (the "Amendment") made and entered
into this 44
4-- day of September, 1997, by and between Bayfront Park Management
Trust, a limited agency and instrumentality of the City (the "Trust"), and Bayfront
Ventures ("User").
WHEREAS, on June 25, 1997, the Trust and User executed a Use Agreement which has
since received approvals by The Miami City Commission, the U.S. Army Corps of
Engineers and the Oversight Committee established by the Governor of the State of
Florida; and
WHEREAS, an June 19, 1997, the Board of Trustees of the Trust adopted a Resolution
relating to the Trust's favorable determination to approve the transfer of the interest of
Leo Equity Group, Inc., in User to Concorde Gaming Corporation or its subsidiary:
NOW, THEREFORE BE IT RESOLVED that the Use Agreement is hereby amended as
follows:
1. Bayfront Ventures, a Florida joint venture consists of Concorde Gaming
Corporation, a Colorado Corporation, or its subsidiary, and Goldcoast
Entertainment Cruises, Inc., a Florida Corporation.
2. Paragraph 3a shall be amended to read as follows:
The initial term of this Agreement (the "Initial Term") shall be for five (5) years
commencing at 12:01 AM on October 1, 1997 (the "Commencement Date"), and
terminating at 11:59 PM on the day prior to the fifth anniversary of the
commencement Date (the "Termination Date"), unless extended or earlier
terminated, as provided herein. The Initial Term, as so extended or earlier
terminated, is herein called the "Term". Each year of the Term, commencing on
the commencement Date and on each anniversary of the Commencement Date, is
herein called a "Contract Year".
3. Paragraph l0h shall read as follows:
User shall provide the Trust with one community sail each year, for the benefit of
the Boys and Girls Club of Miami. User shall provide the entertainment, food and
beverage for such sail at User's expense, and shall donate the proceeds of said sail
to the Boys and Girls Club of Miami.
2BPMT-17382
mvr:w08 ADDENDUM TO USE AGREEMENT.dac
Except as specifically provided herein, all of the terms and provisions of the Agreement
shall remain in effect.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement.
BAYFRONT PARK MANAGEMENT TRUST
By: Ira Marc Marc Katz
Executive Director
4o22.4rezz:420,:•_,
By:
ldcoast Entertainment Cruises,
Inc. a Florida Corporation
By:
Witness
Witness
-0
Witness
Witness
-eb<
44°4-
C ► • co • e Ga Wing Corporation, a W' nes
Colorado Corporation
mvr:w08 ADDENDUM TO USE AOREEMENT.doc
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APPROVAL OF THE CITY OF MIAMI
THE CITY OF MIAMI
a municipal corporation of
the State of F - 'da
Witnesses: By:
Name: -An 5
Name:
ATTEST'
B
City Clerk
APPROVED AS TO INSURANCE
REQUIRE N1'S:
Edward
City Mana - r
APPROVED AS TO FORM AND
CORRECTNESS:
By: / V ;r By:
Mario E. Soldevilla
Risk Management Administrator
Department of General Services
Administration
At- s 1 ones, III
City•rney
mvr:wOX ADDENDUM TO USE AGREEMENT.doc
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