Glendora

City Council

June 25, 2024 Item #7

Agenda Item 7

7. Approve Amendment No. 3 with PW Golf Management to the Ground Lease Agreement for the Glen\nOaks Golf Course\nCITY RECOMMENDATION: 1. Approve third (3rd) renewal option commencing on July 1, 2024, and\nending on June 30, 2029; 2. Approve Amendment No. 3 with PW Golf Management to the ground lease\nto add three (3) more extension options for a total of 45 years, and to exclude from the revenue\ngenerated from “The Putt Course” for five (5) years commencing completion; and 3. Authorize the City\nManager or his designee to execute the agreement with PW Golf Management, LLC, including minimal\nand/or non-substantive changes.