Loading...
Signed Contract_Platinum Hospitality Group, LLC Copyrighted J une 7, 2021 City of Dubuque Consent Items # 21. City Council Meeting ITEM TITLE: Signed Contract(s) SUM MARY: Platinum Hospitality Group, LLC Fourth Amendment to Facility Management Agreement. SUGGESTED Suggested Disposition: Receive and File DISPOSITION: ATTACHMENTS: Description Type Platinum Hospitality Group, LLC Supporting Documentation Dubuque THE CITY OF � D 611•AAa�ica Cip UB E �,.Iv �.��� � � MRSte teCe OYl t�le MlS91SSl 1 zoo��zoiztzois �P pp zoi�,►�oi� TO: Michael C. Van Milligen, City Manager FROM: Marie L. Ware, Leisure Services Manager SUBJECT: Fourth Amendment to Facility Management Agreement Between the City of Dubuque, lowa and Platinum Hospitality Group, LLC DATE: May 18, 2021 INTRODUCTION The purpose of this memorandum is to record the Fourth Amendment to the Facility Management Agreement Between the City of Dubuque, lowa and Platinum Hospitality Group, LLC. DISCUSSION June 4, 2001 the City entered into an agreement for private management of the Grand River Center with Platinum Hospitality Group, LLC. The agreement was for a ten-year period commencing six months prior to the date of the opening of the facility. The Grand River Center opened October 25, 2003. The City Council extended the agreement to May 25, 2013 as negotiations for a new agreement were held. The term of the current agreement commenced May 26, 2013 for a three-year term which auto- renewed May 26, 2016 for another three-year term. A second amendment was approved with a term until May 25, 2020. The third amendment was approved with a term until May 25, 2021. The City Council has a high priority management agenda item in 2020-2022 of Grand River Center Future Operations: RFP, Direction and Agreement. Senior Counsel Barry Lindahl prepared the Fourth Amendment. It continues management of the Grand River Center for a two-month timeframe from May 26, 2021 - July 26, 2021. ACTION STEP This is provided recording of the Fourth Amendment to Facility Management Agreement Between the City of Dubuque, lowa and Platinum Hospitality Group, LLC. cc: Senior Counsel Barry Lindahl City Attorney Crenna Brumwell FOURTH AMENDMENT TO FACILITY MAPVAGEiVIE�JT IaGREENiENT BETWEEN THE CITY OF DUBUQUE, IOWA AND PLATINUM HOSPITALITY GROUP, LLC This FOURTH AMENDMENT TO THE FACILITY MANAGEMENT AGREEMENT is dated for reference purposes the /$ day of /��_, 2021. V'VHEREAS, the City of Dubuque (City) and Platinum Hospitality Group, LLC (Manac�er) are parties to a Facility Management Agreement (Agreement) dated for reference purposes the 20th day of May, 2013; and WHEREAS, the parties amended the Agreement by amendment dated April 4, 2016, March 18, 2019, and April 29, 2020; and VIIHEREAS, the parties now desire to further amend the Agreement as set forth herein: 1 . Section 9 is amended to read as follows: l EF�fVI. The Term of this Agreerr�ent commences May 26, 2021 and terminates at midnight July 26, 2021 unless earlier terminated as set forth herein or extended as provided in Sec. 10.1. 2. Section 10.1 is amended to read as follows: Termination Without Cause. This Agreerr�ent may be terminated by either party hereto, without cause, upon twenty-one (21) days written notice delivered to the other party. In the event that the notice is delivered during the I�st 21 days of the Term, the Term shall be extended for the number days so that Manager has 21 days until termination. The notice shall state the new termination date. 3. Section 10.2 is deleted. CITY OF DUBUQUE, IOWA I�L1�,TINUM H05PITALITY GROUP, LLC ' O By: By: ��� -2� Michael C. Van Milligen J mes P. Rix„I anager City Manager 05142021ba1