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HomeMy WebLinkAboutItem 06 Update on Seventh Amendment to Ground Lease Agreement City of Ocoee ▪ 1 N. Bluford Avenue ▪ Ocoee, Florida 34761 Phone: (407) 905-3100 ▪ www.ocoee.org STAFF REPORT Meeting Date: March 18, 2025 Item #: 6 Contact Name: Michael Rumer Department Director: Michael Rumer Contact Number: Ext. 6434 City Manager: Craig Shadrix Subject: Update on Seventh Amendment to Ground Lease Agreement with Forest Lake Golf Club, LLLP and Authorization to Release a Request for Proposal for a Permanent Operator. (City Attorney Ardaman) Background Summary: On February 4, 2025, the Ocoee City Commission voted 4-1 to approve City staff and the City Attorney’s office to participate in pre-suit mediation to resolve the alleged defaults by Forest Lake Golf Club. Mediation was held on February 26, 2025, and resulted in a mediated settlement agreement which was partially formalized in writing on February 26, 2025, and is subject to City Commission approval. Council for both parties are currently formalizing the final draft of a Seventh Amendment to the Ground Lease which will formalize the entirety of the agreement. The City Attorney will provide the City Commission an update on the Seventh Amendment to Ground Lease Agreement. Additionally, staff is seeking authorization to release a Request for Proposal (RFP) for a permanent golf operator. Issue: Update on the Seventh Amendment to the Ground Lease Agreement and authorize the release of a Request for Proposal (RFP) for a permanent golf operator. Recommendations: Staff recommends the release of a Request for Proposal (RFP) for a permanent golf operator. Attachments: None Financial Impacts: N/A Type of Item: Regular Page 54 of 142