New operator for the 19th Hole

Brian Smith was recommended by POA staff to the POA board for the 19th Hole operation. He has a background in the food and beverage industry and is very familiar with the operation. He is aware of the challenges of this location and has some good ideas to market and operate the facility.
Fiscal Information:
The agreement is a one year contract, with 2-two year renewal options with term and conditions to be negotiated prior to each renewal period. Mr. Smith will pay a monthly rent of $1,250 and the first $300 of all maintenance and repair costs. In addition, he will be required to pay all food and beverage costs, telephone services, housekeeping and janitorial supplies, including window and carpet cleaning, propane, pest extermination, cleaning of grease traps, and cable/internet services. The POA will pay the electricity, water, sewer and sanitation costs. The new lease will require a $1500 security deposit. The POA subsidy will be reduced by approximately $4,000 annually.