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HomeMy WebLinkAboutGLSC 2021-08-04 Resolution Subject to Permissive Referendum - PBR Tournaments, LLC Management AgreementLEGAL NOTICE TOWN OF CORTLANDVILLE RESOLUTION ADOPTED SUBJECT TO PERMISSIVE REFERENDUM BE IT RESOLVED, the Town Board does hereby authorize and direct the Town of Cortlandville to enter into a Management Agreement with PBR Tournaments NY, LLC (“PBRT”) to allow PBRT to manage four (4), (two of which are already built) baseball fields at the "Gutchess Lumber Sports Complex" located at 3111 Byrne Hollow Crossing in the Town of Cortlandville, County of Cortland and State of New York, tax map #105.00-04-02.200, for a monthly license fee of $18,166.67 ($218,000 annually) for a period of ten (10) years with the option of extending the terms for two additional terms of five (5) years each, and it is further RESOLVED, the Supervisor is hereby authorized to execute the said agreement, and it is further RESOLVED, the Town Board Members may choose to sign the said agreement along with the Town Attorney with the understanding that the signatures of the Town Board Members and Town Attorney will only serve as symbolic, and it is further RESOLVED, this resolution is adopted subject to Permissive Referendum. Dated: August 4, 2021 By Order of: Town Board of the Town of Cortlandville Raymond G. Thorpe Municipal Building 3577 Terrace Road Cortland, New York 13045