Laserfiche WebLink
<br />.., , <br />J8<51 <br /> <br />VIII. <br /> <br />"Association" agrees, upon termination of sublease or otherwise, <br />to deliver to Aquarena, Inc. all equipment, cash and other assets <br />of said "Associ'tion." <br /> <br />IX. <br /> <br />I <br /> <br />"Association" agrees that in the event "Association" moves to other <br />premises, it shall not have the right to take its moveable property <br />to said new location, but all of same shall remain on the premises <br />of Aquarena, Incorporated, where said golf course is located. <br />Nothing herein contained is intended to prohibit "Association" from <br />trading in existing equipment for similar new equipment, or from <br />purchasu:pg.additional equipment, but title to such, when acquired, <br />shall immediately vest in Aquarena, Inc. <br /> <br />X. <br /> <br />"Association" agrees to indemnify, save, hold and keep harmless" <br />the "City" from any loss, cost, damage, injury, expense, cause of <br />action or liability growing out of or arising from any accident or <br />occurrence causing injury to any person or property, due directly <br />or indirectly to the use, occupancy or possession of the premises <br />here subleased from "City" by "Association"; or res'ulting from <br />"Association's" maintenance and operation of said golf course, <br />golf shop, club rooms or any other facility connected with or <br />part of said subleased property. <br /> <br />XI. <br /> <br />I <br /> <br />"City" reserves from the land subleased for golf course purposes, <br />the small area or portion thereof formerly used as a heliport, <br />marked offfby posts with a cable running from post to post, and <br />forming an area enclosed 'by such posts and cable, except that <br />both ends of said area open on to a paved road, which 'paved road <br />affords ingress to and egress from Aquarena Amusement area proper, <br />and the reservation of such area is for the parking of automobiles <br />when necessary~ by the customers of Aquarena amusement enterprises. <br /> <br />Also, if additional parking space is needed at peak periods, <br />Aquarena, Incorporated, is authorized to recapture possession for <br />such period ot time for public parking purposes, the tee end of <br />number seven (7) fairway for approximately seventy-five (75) yards, <br />thereby moving the tee temporarily toward the hole about seventy- <br />five (75) yards, provided that no parking shall be permit7!:ed on <br />the elevated porpion of the regular number seven (7) tee. <br /> <br />XII. <br /> <br />"Association" agrees to furnish "City" and "Aquarena, Inc.", a <br />monthly report of income and expenditures during the term of this <br />sublease contract; and to provide for an annual audit of the books <br />of said "Association" to be conducted by a well qualified and <br />competent auditor at the expense of the"Association", with a copy <br />of such annual audit to be furnished without cost to "City" and to <br />Aquarena, Inc. <br /> <br />In Witness Whereof, the parties to these presents have executed <br />this agreement in the year and day first written above. <br /> <br />I <br /> <br />By: ~au-u/ ~'--=> f <br /> <br />'/-!/!/lR/CJ CiJbl)RfWtl!'A~ eRt:s;dwf <br />.;),q,..; rfjAR<65 60ft /l'soe,'4I/o~J <br /> <br />ATTEST:. vi, . <br /> <br />/It~ ~ <br /> <br />ll:t!:.iss Hambrick <br />City Secretary <br /> <br />CITY Of SAN MARCOS <br /> <br />~~L <br /> <br />frank T. Arredondo <br />Mayor <br />