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HomeMy Public PortalAbout2022.08.11 Extension of Commercial Lease Agreement Cougar Restaurant tl Y EXTENSION OF COMMERCIAL LEASE AGREEMENT This Extension is entered into this 11 day of August, 2022,by and between the City of McCall, Idaho ("City") and Cougar Restaurant Enterprises, Inc. ("Tenant") Whereas, on October 12, 2017, City entered into a Commercial Lease with Cougar Restaurant Enterprises, Inc. for the operation of a full service restaurant with bar/lounge located in the McCall Golf Course Clubhouse building, and for related activities such as special events, and for providing cafe and beverage service for users of the golf course, and for no other purpose without the express written consent of City; and Whereas, the current lease agreement expires on October 31, 2022, and the parties desire to extend the contract by the one five-year renewal allowed in section 1. B. and on the same terms included in the original lease. Now, Therefore, the parties hereto agree as follows: The Commercial Lease Agreement now in effect shall be extended on its same terms to expire on October 31, 2027. COUGAR RESTAURANT ENTERPRISES,INC Michael Byrne CITY OF MCCALL Valley County, Idaho yvelL) Robert . Giles, ayor ATTEST: BessieJo W gner, City lerk