HomeMy WebLinkAboutGOH Lease Amendment January 2025AMENDMENT TO CONTRACT BETWEEN
CITY OF OSHKOSH
AND
THE GRAND OSHKOSH, INC.
WHEREAS, the City and the Grand Oshkosh, Inc. (TGO) have a lease and operating
agreement that grants TGO the right to manage, market, promote and operate the City’s
Grand Opera House; and
WHEREAS, in 2020 the City of Oshkosh and TGO entered amendment the lease and
operating agreement to extend the current lease to 2030 with the option for one additional
five-year lease renewal; and
WHEREAS, TGO requested up to three additional five-year terms lease renewal
options, beginning in 2030 and potentially extending through 2045; which request was
approved by the Common Council on December 10, 2024 by Resolution 24-674.
WHEREAS, the parties wish to enter into an Amendment to the cu rrent Agreement
to incorporate the additional lease renewal options.
Now, Therefore the Parties agree as follows:
The parties agree that they each receive a business benefit through this amendment.
The City and TGO agree that the Lease and Operating Agreement Between the City of
Oshkosh and The Grand Oshkosh, Inc. originally dated July 1, 2020 and expiring on June
30, 2030 with optional extension to June 30, 2025 is hereby amended to provide for up to
three additional five-year terms potentially extending the Agreement to June 30, 2045.
All other portions of the original Agreement shall remain unaltered by this Amendment and
in full force and effect.
The City of Oshkosh hereby duly executes this Amendment the 1st day of January, 2025.
By: ______________________________
John Fitzpatrick, Interim City Manager
Docusign Envelope ID: E65E83AF-DEF9-40B9-B3CB-C30BE79E798E
By: ______________________________
Lynn A. Lorenson, City Attorney
By: _____________________________
Diane Bartlett, City Clerk
The Grand Oshkosh, Inc. hereby duly executes this Agreement the 1st day of January, 2025.
By: ________________________________
Rick Hearden, Chair, Board of
Directors
By: ________________________________
Joseph A. Ferlo, President & CEO
Docusign Envelope ID: E65E83AF-DEF9-40B9-B3CB-C30BE79E798E