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Encinitas Ranch Golf Authority
This Golf Course Management Agreement is between Encinitas Ranch Golf Authority (Owner, also known as ERGA) and JC Management LLC (Manager). Effective January 1, 2023, and set to expire on June 30, 2028, the agreement grants the Manager exclusive authority to operate and manage the Encinitas Ranch Golf Course. It details the rights and responsibilities of both parties, outlining various financial arrangements including monthly base fees, percentage fees based on gross revenue, annual project incentive fees, and centralized services allocation. The contract also includes provisions for bank accounts, financial reporting, insurance, indemnification, termination conditions, and dispute resolution.
Effective Date
Jan 1, 2023
Expires
Effective: Jan 1, 2023
Encinitas Ranch Golf Authority
Expires:
This Golf Course Management Agreement is between Encinitas Ranch Golf Authority (Owner, also known as ERGA) and JC Management LLC (Manager). Effective January 1, 2023, and set to expire on June 30, 2028, the agreement grants the Manager exclusive authority to operate and manage the Encinitas Ranch Golf Course. It details the rights and responsibilities of both parties, outlining various financial arrangements including monthly base fees, percentage fees based on gross revenue, annual project incentive fees, and centralized services allocation. The contract also includes provisions for bank accounts, financial reporting, insurance, indemnification, termination conditions, and dispute resolution.
AvailableEncinitas Ranch Golf Authority
This is a Lease and Concession Agreement effective January 1, 2023, between ENCINITAS RANCH GOLF AUTHORITY (Landlord) and JC MANAGEMENT LLC (Tenant). The agreement grants Tenant the lease of a snack bar facility at the Encinitas Ranch Golf Course and an exclusive concession to sell food and beverages. Rent is percentage-based, calculated as 20% of Gross Food and Beverage Revenues and 100% of Catering and Banquet Room Rental Revenues. The contract outlines responsibilities for equipment, inventory, taxes, insurance, and includes standard terms for default, dispute resolution, and assignment. The term of the lease runs concurrently with a separate Management Agreement, whose duration is not specified herein.
Effective Date
Jan 1, 2023
Expires
Effective: Jan 1, 2023
Encinitas Ranch Golf Authority
Expires:
This is a Lease and Concession Agreement effective January 1, 2023, between ENCINITAS RANCH GOLF AUTHORITY (Landlord) and JC MANAGEMENT LLC (Tenant). The agreement grants Tenant the lease of a snack bar facility at the Encinitas Ranch Golf Course and an exclusive concession to sell food and beverages. Rent is percentage-based, calculated as 20% of Gross Food and Beverage Revenues and 100% of Catering and Banquet Room Rental Revenues. The contract outlines responsibilities for equipment, inventory, taxes, insurance, and includes standard terms for default, dispute resolution, and assignment. The term of the lease runs concurrently with a separate Management Agreement, whose duration is not specified herein.
AvailableEncinitas Ranch Golf Authority
This document comprises two interconnected agreements: a Lease Agreement and a Site Lease, both dated September 1, 1996. The Lease Agreement details the lease of the Encinitas Ranch Golf Course from Encinitas Ranch Golf Corporation (lessor) to Encinitas Ranch Golf Authority (lessee). Concurrently, the Site Lease establishes the lease of the Golf Course site from the Authority (lessor) to the Corporation (lessee) for a nominal rent of $10.00, enabling the Corporation to then lease the course to the Authority. Both agreements are integral to the financing of the Encinitas Ranch Golf Course Project through $10,760,000 revenue bonds, with an effective period from September 1, 1996, to September 1, 2046.
Effective Date
-
Expires
Encinitas Ranch Golf Authority
Expires:
This document comprises two interconnected agreements: a Lease Agreement and a Site Lease, both dated September 1, 1996. The Lease Agreement details the lease of the Encinitas Ranch Golf Course from Encinitas Ranch Golf Corporation (lessor) to Encinitas Ranch Golf Authority (lessee). Concurrently, the Site Lease establishes the lease of the Golf Course site from the Authority (lessor) to the Corporation (lessee) for a nominal rent of $10.00, enabling the Corporation to then lease the course to the Authority. Both agreements are integral to the financing of the Encinitas Ranch Golf Course Project through $10,760,000 revenue bonds, with an effective period from September 1, 1996, to September 1, 2046.
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Decision Makers
City Manager (Board Member, Encinitas Ranch Golf Authority)
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