HomeMy WebLinkAbout2012-279 DEAPR - Recreation Factory Partners LLC for Sportsplex Management Fees $140,388 ' G-/ 5'- o2ojz
�G
COUNTY OF ORANGE CONTRACT RENEWAL
WHEREAS a Management Agreement was made and entered into as of the fifteen day
of December, 2005, by and between Orange County, North Carolina, a political
subdivision of the State of North Carolina ("the County"), and Recreation Factory
Partners, LLC ("RFP");
AND, WHEREAS, the County and the RFP desire to renew the contract, mutually agree
to the following:
1. Section 3.2 shall be modified to read as follows:
The Term of this Renewal shall commence on July 1, 2013 and end at
midnight on June 30, 2018.
The Renewal will be automatically extended for an additional five-years
commencing on July 1, 2018 through June 30, 2023 provided the
aggregated prior five (5) year operating revenues exceed aggregated five
(5) year operating expenditures by a combined amount of a
guaranteed $1.2 million.
The County shall, however, with cause, have the right, to terminate the
Agreement by giving no less ninety (90) days prior written notice of such
termination to RFP.
2. Section 4.1—Management Fee—shall be modified to read as follows:
As compensation to RFP for providing the services herein specified during
the term of this Renewal, the County shall pay RFP a Management Fee in the sum of
$11,699 per month, plus reimbursable expenses substantiated by RFP, in an amount
not to exceed $1,288 per month, said Management Fee to be increased by 3%
annually, effective each July 1 during the renewal period(s).
The foregoing compensation shall be payable on or before the last day of each month
during the Term, and RFP, provided it is not in default (as described in Section 12.1)
hereunder, shall be entitled to draw such amounts from the account described in
Section 5.6 as amended on June 13, 2006.
3. All other terms and conditions shall remain the same.
This agreed to the 19th day of June, 2012.
Recreation Factory Partners, LLC.
By:
Attest:
Title:
Secretary
County: --
Bernadette Pellissier ,, Chair
— fT-9-LA
Donna S. Biker, Clerk to the Board
This instrument has en approved as to technical content.
a� A,
This instrument has been approved as to form and legal sufficiency.
J hn Roberts, County Attorney
This instrument has been pre-audited in the manner required by the Local Government
Budget and Fiscal Control Act.
Clarence G. Grier, Finance Director
OP ID: CH
CERTIFICATE OF LIABILITY INSURANCE F (MM/DD/YYYY)
o7116112
THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS
CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES
BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(SI AUTHORIZED
REPRESENTATIVE OR PRODUCER,AND THE CERTIFICATE HOLDER
IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies)must be endorsed. If SUBROGATION IS WAIVED,subject to
the terms and conditions of the policy,certain policies may require an endorsement A statement:on this certificate does not confer rights to the
certificate holder in lieu of such endorsement
ONT
PRODUCER 910-455-7576 C ACT
NAME:
SIA Group
827 Gum Branch Rd. 910-455-7481 (PAHICONE FAX
.No.Ext): (A/C,No):
Jacksonville,NC 28540M00 E-MAIL
Bradley Carroll-SIA assigned ADDRESS:
PRODUCER
cusTomERID*.RECRE-3
INSURERS)AFFORDING COVERAGE NAIC
INSURED Recreation Factory Partners, INSURER A:National Casualty
LLC DBA Triangle Sports Plex INSURER 8:Carolina Mutual Ins.Co. 14090
101 Meadowlands Drive
Hillsbourough,NC 27278 INSURER C:Travelers 19070
INSURER D:
INSURER E:
INSURER F:
COVERAGES CERTIFICATE NUMBER: REVISION NUMBER:
THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD
IC
INDICATED. NOTWITHSTANDING ANY REQUIREMENT,TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS
CERTIFICATE MAY BE ISSUED OR MAY PERTAIN,THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS,
EXCLUSIONS AND CONDITIONS OF SUCH POLICIES.LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS.
INSR TYPE OF INSURANCE ADDL SUBIR POLICY EFF POLICY XP
LTR INISR-Wa POLICY NUMBER (MM)DONYYY) (MMIDDNM) LIMITS
GENERAL LIABILITY EACH OCCURRENCE $ 1,000,0001
A X COMMERCIAL GENERAL LIABILITY X KK00000001463800 12(15111 12115/12 PREMISES Ee occurrence) $ 300,001
CLAIMS-MADE F—v-1
I OCCUR MED EXP(My one person) $ 5,00q
PERSONAL&ADV INJURY $ 1,000,001
GENERAL AGGREGATE $ non(
GENT AGGREGATE LIMIT APPLIES PER: PRODUCTS-COMP/OP AGG $ 2,000,00 C
I POLICYF—]JERCof F]LOC Emp Ben. $ 1,000,00C
AUTOMOBILE LIABILITY COMBINED SINGLE LIMIT
C X ANYAUTO BA-3423PI16-11-SEL 12JI9111 12/19/12 (Ea accident) $ 1,000,00C
BODILY INJURY(Perperson) $
ALL OWNED AUTOS BODILY INJURY(Per accident) $
SCHEDULED AUTOS PROPERTY DAMAGE
HIRED AUTOS (Per accident) $
NON-OWNED AUTOS $
F1 $
X UMBRELLA LIAB X OCCUR EACH OCCURRENCE $ 5,000,000
A EXCESS LIAR CLAIMS-MADE XK00000001 464000 12J15111 12/15/12 AGGREGATE $
DEDUCTIBLE $
X RETENTION $ 0 $
WORKERS COMPENSATION X WC ST
AND EMPLOYERS'LIABILITY YIN TORY ER
B ANY PROPRIETOR/PARTNERfExECUTIVE WC161602011 12(28111 12/28(12 E.L.EACH ACCIDENT $ 1,0()0,000
OFFICERIMEMBER EXCLUDED? ❑ NIA
(Mandatory In NH) E.L.DISEASE-EA EMPLOYEE $ 1,000,000
If yes,desonbe under
DESCRIPTION OF OPERATIONS below E.L.DISEASE-POLICY LIMIT $ 1,000,000
DESCRIPTION OF OPERATIONS I LOCATIONS IVEHICLES (Attach ACORD 101,Additional Remarks Schedule,ifmoro space Is required)
CERTIFICATE HOLDER CANCELLATION
ORANG09
SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE
THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN
PO BOX
ORANGE COUNTY ACCORDANCE WITH THE POLICY PROVISIONS.
8181
Hillsborough,NC 27278 AUTHORIZED REPRESENTATIVE
071988-2009 ACORD CORPORATION. All rights reserved.
ACORD 25(2009109) The ACORD name and logo are registered marks of ACORD
I I -