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RIVER VIEW GOLF COMPANY - CONCESSION 1974
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RIVER VIEW GOLF COMPANY - CONCESSION 1974
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Last modified
10/21/2013 11:26:49 AM
Creation date
2/9/2010 12:26:22 PM
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Contracts
Company Name
RIVER VIEW GOLF (NOVEL JAMES)
Contract #
A-1974-11B
Agency
Community Development
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~ ~ <br />and "half-Td,~ay hous`" upon the date of termination, and delivered <br />by CO.vCESS:LONAIRE to and accepter? by I'.IVEF. VIEti~. Sai d fair mar- <br />kat value to be mutually agreed upon by tiie parties in writing <br />within thirty (30} days after notification of termination, or in <br />the event the parties cannot agree, they shall, within said 30 <br />day period, appoin-~ a third party satisfactory to each of them to <br />determine a value, within 30 days after appointment, and said <br />determination shall be conclusive; provided, ho=,aever, that if the <br />parties cannot agree upon any such third party, they will then <br />submit the matter of valuation to arbitration at Santa Ana, <br />California, in accordance with the rules or the American Arbitra- <br />tion Association then in effect, and the payment of the sums <br />determined to be due and owing by RIVER VIEb~' to CONCESSIONAIRE <br />shall be payable within. sixty (b 0) days after any such determi- <br />nation. In the event of determination by a third party or by <br />arbitration, the parties hereto shall equally bear the costs, <br />fees, and expenses thereof, including attorney's fees. During <br />the period required for any such determination, the su.~ns due <br />and owing by RIVED. VIEtiV to CONCESSIONAIRE shall be non-interest <br />bearing. <br />31. RELOCATI0~7 OF STAR"PING POI~'T <br />The parties hereto contemplate that. the starting point <br />for the golf course may be relocated, and in that connection, <br />there may be constructed a ne~.~~ club house, including without <br />limitation, professional shop, starters point, restaurant and/or <br />snack shop facilities contained therein or a~fixed thereto. <br />In the event of such relocation and the construction of <br />such a club house with the contemplated facilities, RIVED, VIE,a <br />agrees what it ,will use its best efforts in connection with anv <br />negotiations conducted by it faith third parties to make available <br />to COItiCESSIOi~YAIP,E a right of first refusal for the concession to <br />-?v- <br />
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