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HomeMy WebLinkAboutC35730 - Kemper Sports Mgmt Inc - DWGR CONTRACT NO. C35730 RESOLUTION NO. 2017-36 CITY OF PALM DESERT FINANCE DEPARTMENT STAFF REPORT Request: APPROVE THE MANAGEMENT AGREEMENT BETWEEN THE CITY OF PALM DESERT, KEMPER SPORTS MANAGEMENT, INC., AND THE PALM DESERT RECREATIONAL FACILITIES CORPORATION TO OPERATE AND MANAGE THE DESERT WILLOW GOLF RESORT AND APPROVE RESOLUTION 2017- 36 AUTHORIZING AN INCREASE IN THE LOAN AMOUNT FROM THE CITY TO DESERT WILLOW Submitted By: Rudy Acosta, Assistant City Manager Date: April 13, 2017 Contents: Management Agreement with Kemper Sports and Palm Desert Recreational Facilities Corporation Resolution 2017- 36 Recommendation By Minute Motion, that the City Council, 1) Approve the management agreement between the City of Palm Desert, Kemper Sports Management, Inc., and the Palm Desert Recreational Facilities Corporation to operate and manage Desert Willow Golf Resort, substantially as to the form presented; and 2) Adopt Resolution No. 2017- 36 authorizing an increase to the loan to Desert Willow from the City up to an additional $2,000,000 from the unobligated General Fund reserves; and 3) Authorize the City Manager and legal counsel to finalize the agreement; and 4) Authorize the Mayor to execute the agreement and the City Manager and the Director of Finance to take actions necessary to effectuate the actions taken herewith. Discussion On December 8, 2016 the City Council directed staff to negotiate a new management agreement between the City of Palm Desert (the City), the Palm Desert Recreational Facilities Corporation (PDRFC), and Kemper Sports, Inc. (Kemper) to operate and manage the Desert Willow Golf Resort. City staff and Kemper have negotiated and agreed upon the management agreement attached. The new agreement is for three years commencing on July 1, 2017 and expiring on June 30, 2020. In addition, two one-year options to extend per Section 2.1(B) of the management agreement are available to exercise at the City's discretion. The following changes to the new management agreement were addressed and added to the new management agreement: 1) Article 1, Definitions, regarding Key Employees was revised to reflect current Kemper organizational positions at Desert Willow Golf Resort. Staff Report Approval of Management Agreement— Kemper Sports Management, Inc. April 13, 2017 Page 2 of 3 2) Section 3.4.5 Key Employees restriction language was modified. 3) Article V Insurance sections were revised to reflect updated insurance coverage requirements. 4) The new monthly fixed management fee referenced in Section 6.1 will be $20,833.33 for a total annual amount of $250,000. This is a reduction of $50,000 over the previous operations agreement. 5) The City will agree to deposit up to $2,000,000 into the Desert Willow Operating Accounts ($1,500,000 immediately and up to an additional $500,000 provided for in the agreement) to provide projected operating cash flow to fund the day-to-day operations of Desert Willow Golf Resort including the daily operations of the restaurant. 6) The percentage management fee referenced in Section 6.2 is capped at $200,000 with a 2% cap on the annual adjustment. The threshold amount is $6.5 million. To summarize, Kemper will be paid an incentive fee of 5% of all revenues (adjusted per Section 6.3) in excess of $6.5 million in an amount not to exceed $200,000 during the first year. Each subsequent year the cap on the incentive fee will increase by a ceiling amount of 2%. In addition to the changes noted above, the key components of the new agreement remain as exclusive features benefitting Desert Willow. Those key components are: 1) Kemper and its affiliates agree not to manage, own, or operate any other golf course within a 20 mile radius without the City's approval. Kemper exclusively operates and manages Desert Willow. 2) Kemper is no longer required to maintain a reserve. If the City is required to deposit more than $2,000,000 in the operating accounts, depending on the circumstances, it will be grounds for termination of the agreement. 3) The City retains the option to decide whether to continue the Learning Center (the Academy at Desert Willow). This right allows the City to make a real-time budget decision at Desert Willow without harming Kemper or any other amenity of the golf resort. 4) Corporate administrative costs borne by Kemper remain with Kemper. Kemper does not allocate or pass through the costs of their corporate or regional staff that have oversight responsibility of Desert Willow. 5) Kemper will now be required to provide such IT support as is necessary for their operations, rather than using City resources for this function. Kemper has proven their ability to manage Desert Willow with their expert knowledge and professionalism. Kemper was the operator firm unanimously recommended by the Desert Willow Golf Resort Operator RFQ/RFP selection committee. Kemper manages seven municipal golf courses in southern California. Nationally, their management portfolio includes over 100 golf courses with 35 of those courses municipally owned. Kemper's experience and expert knowledge of the operating cycle at Desert Willow along with Kemper's national knowledge of the golf industry allows them to implement policies and procedures at Desert Willow to maximize the day-to-day operations, resulting in efficient operations without any assistance from the City's general fund. Staff recommends approval of the management agreement between Kemper, PDRFC, and the City of Palm Desert for the operations at Desert Willow Golf Resort for a firm period of three years with two one-year options. G:\ECON DEVELOPMENTRUDY ACOSTA\STAFF REPORTS-2017\SR-APPROVE MGMT AGMT-KEMPERSPORTS 041317WLS.DOCX Staff Report Approval of Management Agreement— Kemper Sports Management, Inc. April 13, 2017 Page 3 of 3 Fiscal Analysis: The fixed management fee of $20,883.33 ($250,000 a year) will be paid directly from the golf resort operating accounts. As with the prior agreement, there is also a percentage management fee of up to $200,000 in the first year (increased by not more than 2(3/0 each year) based on percentage of the Gross Revenues in excess of $6,500,000. By eliminating the $500,000 cash reserve, Kemper is reducing the fixed management fee by $50,000. As a result of the elimination of the cash reserve, staff recommends increasing the loan to Desert Willow from the unobligated General Fund reserves up to an additional $2,000,000 ($1,500,000 immediately and up to an additional $500,000 as provided for in the agreement). In 2010 the City made a loan to Desert Willow in the amount of $500,000 to cover the reduction in revenues during the construction of the kitchen and terrace expansions. This action will authorize the loan to be increased to $2,500,000 in the aggregate. Submitted by: Approval: S Rudy P. costa, Assistant City Manager auri Aylaian, City Manager .' I/•' i ! i elMoore, Finance Director C:\USERS\RMCCORMICK\APPDATA\LOCAL\MICROSOFT\WINDOWS\TEMPORARY INTERNET FILES\CONTENT.OUTLOOK\R2AUMOJX\SR-APPROVE MGMT AGMT- KEMPERSPORTS 041317WLS.DOCX RESOLUTION NO. 2017- 36 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, AUTHORIZING AND APPROVING A LOAN FROM THE CITY'S UNOBLIGATED GENERAL RESERVES FUND TO THE DESERT WILLOW GOLF RESORT OPERATING 520 FUND IN AN AMOUNT NOT TO EXCEED$2,000,000 WHEREAS,the City Council has approved the new management agreement to operate and manage the Desert Willow Golf Resort; and WHEREAS, the City has agreed to deposit up to $2,000,000 into the Desert Willow Operating Accounts ($1,500,000 immediately and up to an additional $500,000 provided for in the agreement) to provide projected operating cash flow to fund the day-to-day operations of Desert Willow Golf Resort including the daily operations of the restaurant; and WHEREAS, the City Council has determined it is desirable to proceed with the new management agreement to operate and manage Desert Willow Golf Resort and to loan the necessary funds from the unobligated general fund reserves, subject to repayment, as described below. NOW, THEREFORE, the City Council of the City of Palm Desert, California, DOES HEREBY DETERMINE, ORDER AND RESOLVE, as follows: Section 1. The above recitals are true and correct. Section 2. The City Council hereby authorizes and approves a loan from the unobligated general fund reserves to the Desert Willow Golf Resort Operating Fund 520 in the amount of up to $2,000,000 (with an initial deposit of$1,500,000) subject to simple interest on the unpaid principal balance thereof, computed at a per annum rate to be determined annually by the City Manager of up to four percent (4%), from the date of deposit by the City, to the date of repayment. Section 3. The principal on loan will be repaid on June 30, 2022. Interest on the outstanding principal will be paid annually on June 30. Section 4. The Director of Finance is hereby directed to take any such actions to facilitate the loan described herein. Section 5. The City Manager or his/her designee is hereby authorized and directed to take any such actions to implement this resolution. PASSED,APPROVED and ADOPTED this day of 2017, by the following vote to wit: AYES: NOES: ABSENT: ABSTAIN: ATTEST: JAN C. HARNIK, MAYOR RACHELLE D. KLASSEN, CITY CLERK CITY OF PALM DESERT CONTRAT NO. C35730 MANAGEMENT AGREEMENT THIS MANAGEMENT AGREEMENT (this "Agreement") is made and entered into this 1st day of July, 2017 by and among the CITY OF PALM DESERT, a charter city, organized and validly existing under the Constitution and laws of the State of California (the "City"), the PALM DESERT RECREATIONAL FACILITIES CORPORATION, a California nonprofit public benefit corporation ("PDRFC") and KEMPER SPORTS MANAGEMENT, INC., an Illinois corporation ("Kemper"). PRELIMINARY STATEMENT A. The City is the owner of certain real property located in the City of Palm Desert, California, which is improved with two 18-hole golf courses and related facilities (the "Golf Resort"), as defined herein. B. The City desires to utilize the services of Kemper to operate and manage the Golf Resort, upon the terms and conditions set forth in this Agreement. C. The City and the PDRFC have entered into that certain Lease Agreement dated as of March 14, 1997, as amended (the "Lease Agreement") pursuant to which the City leases the restaurant premises at the clubhouse to PDRFC. NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the City, PDRFC and Kemper hereby agree as follows: ARTICLE I DEFINITIONS 1.1 Definitions. As used in this Agreement, the following terms shall have the respective meanings indicated below: Affiliate - Any and all corporations, partnerships, trusts, and other entities directly or indirectly controlled by, controlling, or subject to direct or indirect common control of an entity or person. Agency — The Successor Agency to the Palm Desert Redevelopment Agency. Capital Improvements - Any alteration, addition, improvement, repair, replacement, rebuilding, or renovation to the Golf Resort, the cost of which exceeds $5,000.00. Cause - The failure of any party to keep, observe or perform any material covenant, agreement, term or provision of this Agreement to be kept, observed or performed by such party. City - The City of Palm Desert, a charter city, duly organized and validly existing under the Constitution and laws of the State. 12812-0001\2046224v 1.doc CONTRAT NO.C35730 City Manager - The person holding the position of City Manager of the City. Compensation - The direct salaries and wages paid to or accruing for the benefit of the management staff and all other persons employed by Kemper at the Golf Resort, together with all fringe benefits payable to or accruing for the benefit of such employees, including employer's contribution under the Federal Insurance Contributions Act ("FICA"), unemployment compensation, or other employment taxes, pension fund contributions, worker's compensation, group life and accident and health insurance premiums, retirement, disability and other similar benefits; provided, however, compensation shall be in general conformity with that paid at other golf courses operated by Kemper, taking into account geographic and project specific differences, and industry standards. CPI - The CPI shall mean the Consumer Price Index for All Urban Consumers for the Los Angeles - Anaheim - Riverside area (1982-84 = 100), as published by the United States Department of Labor, Bureau of Labor Statistics. Should the United States Department of Labor, Bureau of Labor Statistics discontinue the publication of the CPI or publish the CPI less frequently or vary the method of calculating the CPI, then the parties shall agree upon a substitute index or substitute procedure which reasonably reflects and monitors consumer prices and most closely matches the CPI initially provided herein. Furnishings and Equipment - All furniture, furnishings, trade fixtures, apparatus and equipment, including without limitation course maintenance vehicles and equipment, golf carts, driving range pickers and pullers, mats, range ball baskets, cash registers, rental golf clubs and bags, ball washers, benches, uniforms, kitchen equipment, appliances, china, glassware, silverware, office equipment, computers, copy machines, facsimile machines, telephone systems (not including pay telephones), and other personal property used in or held in storage for use in the operation of the Golf Resort, other than Operating Inventory. Golf Resort - The Golf Resort is the Desert Willow Golf Course at Palm Desert, owned by the City and which includes two 18-hole golf courses, a clubhouse, pro shop, driving range, maintenance facility and related facilities. Golf Course Committee - The Golf Course Committee is the group of individuals appointed by the City Manager. The composition of the Golf Course Committee may, from time to time, be altered in size or membership by the City Manager. Golf Resort Expenses - All costs and expenses incurred in the operation, management, and maintenance of the Golf Resort, including (a) all expenditures incurred by Kemper in the performance of its obligations under this Agreement on behalf of the City, including without limitation Compensation, or expenditures incurred by the City for the benefit of the Golf Resort; (b) all expenses specifically identified as "Golf Resort Expenses" in this Agreement; and (c) all other expenses incurred by -2- 12812-0001\2046224v1.doc CONTRAT NO. C35730 Kemper in connection with the Golf Resort or this Agreement, which expenses were not reasonably anticipated by the parties or otherwise provided in this Agreement and which expenses, if assumed by Kemper, would be consistent with the role of a golf resort manager; provided, however, any such unplanned expense which exceeds $5,000.00 must have prior written approval from the City Manager, which approval shall be acted upon within 15 days and shall not be unreasonably withheld. Golf Resort Expenses shall not include any expenses of Kemper's corporate office Gross Revenues - Gross Revenues has the meaning set forth in Section 6.3 hereof. Impositions - All taxes and assessments (including without limitation real property taxes and assessments, possessory interest taxes, and personal property taxes), water, sewer or other similar rents, rates and charges, levies, license fees, permit fees, inspection fees and other authorization fees and charges, which at any time may be assessed, levied, confirmed or imposed on the Golf Resort or the operation of the Golf Resort. Insurance Requirements - All requirements of each insurance policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) applicable to the Golf Resort or the operation of the Golf Resort. Kemper - Kemper Sports Management, Inc. or any successor to Kemper's interest under this Agreement as provided in Section 9.3 of this Agreement. Key Employees — For the purposes hereof, a "Key Employee" of KSM shall mean any individual holding any of the following positions at any time during the Term: the general manager, superintendent, accountant/bookkeeper, director of golf or head professional, or any employee of KSM's corporate office. Learning Center - The Learning Center is a free-standing facility, located adjacent to the driving range, providing golf services to the Golf Resort independent of Clubhouse facilities. Legal Requirements - All laws, statutes, ordinances, orders, rules, regulations, permits, licenses, authorizations, directives and requirements of all governments and governmental authorities, which now or hereafter may be applicable to the Golf Resort or the operation of the Golf Resort. Operating Inventory - Consumable items used in or held in storage for use in the operation of the Golf Resort, including score cards and cart tickets, driving range balls, golf pro shop merchandise, food and beverage inventory, kitchen supplies, paper and plastic ware, locker room and bathroom supplies, towels, fuel, cleaning materials, fertilizers, pesticides, seed, maintenance parts and supplies, office supplies, and other similar items. -3- 12812-0001\2046224v 1.doc CONTRAT NO. C35730 Operating Year - An Operating Year shall be a 12 month period during the term of this Agreement commencing on July 1 and continuing through and including the following June 30; provided, however, the first Operating Year shall commence on the Commencement Date and shall end on June 30 of the next following year. Resident - A Resident is a person whose primary residence is the City. Restaurant - The restaurant shall mean each location at the clubhouse premises and Golf Resort where the food & beverage operations occur, including selling of alcoholic beverages at the restaurant, bars, banquets, outside catering and on-course food and beverage operations. State - The State of California. Threshold Amount - The term "Threshold Amount" is the amount set forth in Section 6.2 hereof. ARTICLE II TERM OF AGREEMENT 2.1 Term. A. The term of this Agreement shall commence on July 1, 2017 (the "Commencement Date") and continue through July 1, 2020 (the "Termination Date"). Notwithstanding the foregoing, however, either party may terminate this Agreement for Cause at any time by delivery to the other party of written notice (the "Initial Notice") 60 days prior to the date of termination, which Initial Notice shall specify the Cause and provide for the action required to remedy the Cause within 30 days of the notice (the "Cure Period"). If the non-terminating party performs the required action to remove the Cause within the Cure Period to the sole satisfaction of the terminating party, then this Agreement shall remain in full force and effect. If the non-terminating party fails to remove the Cause to the terminating party's satisfaction within the Cure Period, then this Agreement shall terminate on the specified date of termination set forth in the Initial Notice. In addition, either party may terminate this Agreement, in its sole and absolute discretion, on or after June 30, 2020, by delivery to the other party of written notice 60 days prior to the date of termination. B. The City, at its option, may extend the term of this Agreement for two one (1) year successive extensions each at the discretion of the City Council of the City of Palm Desert, by giving written notice of the exercise of such option to Kemper prior to January 1, 2020 for the first extension and prior to January 1, 2021 for the second extension. In the event of the exercise of such option by the City, all other terms of this Agreement shall remain the same, except "July 1, 2020", shall be the new Termination Date in Section 2.1 A hereof. -4- 12812-0001\2046224v 1.doc CONTRAT NO.C35730 ARTICLE III OPERATING RESPONSIBILITIES 3.1 Management of the Golf Resort by Kemper. The City hereby contracts with Kemper to manage and operate the Golf Resort pursuant to the terms of this Agreement, and Kemper agrees it shall manage and operate the Golf Resort pursuant to the terms of this Agreement. Subject to the terms of this Agreement, Kemper shall have the authority and responsibility to: (a) determine, establish, and implement the policies, standards, and schedules for the operation and maintenance of the Golf Resort and all matters affecting customer relations; (b) hire, train, and supervise the general manager, course superintendent, and all Golf Resort employees; (c) supervise and direct all phases of advertising, sales, and business promotion for the Golf Resort; and (d) establish accounting and payroll procedures and functions for the Golf Resort. The City agrees it shall cooperate with Kemper to permit and assist Kemper to carry out its duties under this Agreement; provided, however, that the City Council's annual (or from time to time) resolution setting rates and the season schedule shall govern to the extent of its terms. All policies and procedures of Kemper relating to the Golf Resort including but not limited to those set forth in clauses (a) through (d), above, shall be subject to the approval of the designee of the City and the designee of the City may, from time to time, recommend other policies or procedures, which Kemper shall follow and implement. 3.2 Annual Plans. 3.2.1 Preparation and Approval. Kemper shall submit to the City Manager on or before execution of this Agreement by the City and on or before March 1, of the fiscal year the annual plan (the "Annual Plan") for the Golf Resort for the next Operating Year. The Annual Plan shall include an operating budget containing estimates of all Golf Resort Expenses for the next Operating Year, including expenditures for (a) property operation and maintenance, (b) repairs, replacements, and alterations which do not constitute Capital Improvements, (c) Furnishings and Equipment and Operating Inventory, and (d) advertising, sales, and business promotion. The Annual Plan shall also include the course maintenance plan and the marketing and business plan for the Golf Resort for the next Operating Year. The parties agree that they shall use their best efforts to limit any increase in Golf Resort Expenses during the term of this Agreement to three percent (3%) per year. The parties understand that, as provided in Article IV of this Agreement, recommendations and budgets for Capital Improvements will be treated separately and will not form part of the Annual Plan. The Annual Plan shall be subject to the prior written approval of the City Manager, which approval shall not be unreasonably withheld. The City agrees to examine each Annual Plan submitted by Kemper and it is contemplated by the parties that the Annual Plan will be agreed upon by the parties not later than July 1 of each year. Each Annual Plan may contain a contingency item equal to five percent of the total projected Golf Resort Expenses. In the event of a dispute with regard to the Annual Plan, pending the resolution of such dispute, Kemper shall continue to manage and operate the Golf Resort in accordance with the standards set forth in this Agreement at a level of expenditures comparable to those of the preceding Operating Year, plus up to an -5- 12812-000I\2046224v 1.doc CONTRAT NO. C35730 additional three percent (3%). This amount shall apply to actual costs, not to the Fixed Management Fee described in Section 6.1. 3.2.2 Compliance. Kemper shall comply, to the extent reasonably and commercially practicable, with the applicable Annual Plan. Kemper shall not spend for Golf Resort Expenses in excess of the amount budgeted in the Annual Plan without the prior written consent of the City Manager. Notwithstanding the foregoing sentence, Kemper shall be entitled to make additional expenditures not authorized under the then applicable Annual Plan in the event of an emergency or in order to comply with any applicable Insurance Requirements or Legal Requirements. 3.2.3 Quarterly Review of Annual Plan. The general manager of the Golf Resort shall meet not less frequently than quarterly with the City Manager and discuss the operating results of the Golf Resort, and the parties shall agree upon any amendments or revisions to the Annual Plan to take into consideration variables or events that did not exist, or could not be anticipated by Kemper or the City, at the time the Annual Plan was prepared. Any material amendments or revisions to the Annual Plan shall be subject to the prior approval of the City. In addition to Quarterly Reviews of the Annual Plan with the General Manager, the senior leadership of Kemper Sports and City Staff will conduct a review at or around each mid fiscal year of the Term to discuss whether or not there may need to be a change in operating strategies for the remainder of the fiscal year due to unforeseen market changes that might require an adjustment to the Annual Plan. Further, if at any time during the fiscal year a material event occurs which detrimentally harms the operations of the Golf Resort by resulting in a loss of revenues or increase in expenditures in excess of 5% of the Budget, then Kemper shall meet with the City Manager to present a plan to mitigate the financial and economic impact to the Golf Resort. Both Kemper and the City agree to promptly implement appropriate contingencies, policies and procedures to reasonably reduce the material loss of revenues or material increase in expenses. 3.3 Responsibilities of Kemper. Without in any way limiting Kemper's right to manage and operate the Golf Resort in accordance with the terms of this Agreement, Kemper shall perform the following services, or cause the same to be performed for the Golf Resort, and all expenditures of Kemper and costs and expenses incurred by Kemper in performing these services shall be Golf Resort Expenses: 3.3.1 Consummate arrangements with concessionaires, licensees, tenants of the City or subtenants of the City, or other intended users of the Golf Resort; 3.3.2 Enter into such contracts for the furnishing of utilities and maintenance and other services to the Golf Resort, subject to the terms of Section 3.6 below; 3.3.3 Make all repairs, decorations, replacements, additions, revisions, alterations and improvements to the Golf Resort as shall be reasonably necessary for maintenance of the Golf Resort in good order, condition and repair, subject to the terms of Article IV of this Agreement; -6- 12812-0001\2046224v1.doc CONTRAT NO. C35730 3.3.4 Incur such expenses as shall be necessary for the proper operation and maintenance of the Golf Resort, including without limitation rental expenses for leased Furnishings and Equipment; 3.3.5 Maintain a level of Operating Inventory deemed appropriate by Kemper and the City Manager for supplying the needs of the Golf Resort and its customers; 3.3.6 Apply for, obtain and maintain, all licenses and permits required of Kemper and the City in connection with the operation and management of the Golf Resort; and the City agrees to execute any and all applications and such other documents as shall be reasonably required and to otherwise cooperate, in all reasonable respects, with Kemper in the application for, and obtaining and maintenance of, such licenses and permits; if licenses or permits for the Golf Resort are held (or to be held) in the City's, or the Palm Desert Recreational Facilities Corporation's name, then Kemper will assist City with obtaining and maintaining such licenses and permits; 3.3.7 Use commercially reasonable efforts to do, or cause to be done, all such acts and things in and about the Golf Resort as shall be reasonably necessary to comply with all Insurance Requirements and Legal Requirements; 3.3.8 Pay all Golf Resort Expenses, Impositions and insurance premiums, whether incurred by the City or Kemper, when due; 3.3.9 Implement a marketing, advertising, and promotional plan for the Golf Resort; 3.3.10 Purchase Furnishings and Equipment on behalf of the City necessary to operate and maintain the Golf Resort in the manner provided in this Agreement. 3.3.11 Purchase and maintain all computer software, hardware, and information technology necessary to operate and maintain the Golf Resort. 3.4 Personnel. 3.4.1 General. Kemper shall recruit, hire, train, discharge, promote and supervise the management staff of the Golf Resort (i.e., the general manager, the course superintendent, and other Key Employees), and Kemper shall supervise through the management staff the recruiting, hiring, training, discharge, promotion and work of all other employees of Kemper at the Golf Resort. The general manager of the Golf Resort shall confidentially inform the City Manager of all terminations and the reason therefor. All employees of Kemper at the Golf Resort shall be employees of Kemper, not the City, and shall be properly experienced and qualified for their positions. Kemper may at its expense assign its management trainees to the Golf Resort. From time to time, Kemper shall provide safety training to its employees, including but not limited to training with respect to the California Occupational Safety and Health Act. -7- 12812-0001\2046224v 1.doc CONTRAT NO. C35730 3.4.2 Pension and Benefit Plans. Subject to written approval by the City Manager, Kemper shall have the right to provide the non-management employees of the Golf Resort with pensions and other employee retirement benefits and disability, health and welfare benefits, and other benefit plans at customary levels now or hereafter available to similarly situated employees of other golf courses and country clubs operated by Kemper, and the allocable share of such employee benefits accrued while working at the Golf Resort shall be a Golf Resort Expense. 3.4.3 Temporary Assignment of Other Kemper Personnel. If the positions of Key Employees are not filled for whatever reason, Kemper may temporarily assign to these positions the staff of other golf courses and country clubs operated by Kemper. During such time as these employees are temporarily assigned to the Golf Resort, all such employees will be paid their regular Compensation. 3.4.4 Management Staff. The general manager of the Golf Resort shall be responsible for the day to day management and operation of the Golf Resort. The name and telephone number (both home and business) of the general manager shall be provided, in writing, to the City Manager and shall be current at all times. The general manager shall be reasonably available during normal working hours to meet with the City Manager. After normal working hours, the general manager shall be reasonably available to appear at the Golf Resort if deemed necessary by the City Manager. The course superintendent for the Golf Resort shall be a member in good standing of the Golf Course Superintendents Association. The director of golf for the Golf Resort shall be a current Class "A" member in good standing of the Professional Golf Association of America. The City Manager shall have the right to approve the individuals whom Kemper intends to hire to fill the position of General Manager. 3.4.5 Key Employees. During the Term and for a period of two (2) years after the end of the Term, it is agreed that City shall not, directly or indirectly, seek to contact, entice or discuss employment opportunities with any Key Employee of KSM nor shall City otherwise engage or seek to employ or otherwise engage, directly or indirectly, any such Key Employee, without first obtaining the written consent of KSM. 3.5 Specific Operating Procedures. In addition to the more general responsibilities of Kemper as manager of the Golf Resort as provided in this Article, Kemper shall operate and manage the Golf Resort in accordance with the following operating procedures: 3.5.1 Golf Resort Hours of Operation. Except upon the occurrence of the events described in Article X of this Agreement, the Golf Resort shall be kept fully open to adequately serve the public utilizing the Golf Resort, except for instances in which normal maintenance requires temporary closure, as determined by Kemper and the City in such parties' reasonable discretion. After seven days prior written notice to the City, the golf courses and the driving range may be closed at the same time for winter over seeding. The inside food and beverage services of the Golf Resort clubhouse shall be open all year, except as otherwise approved in writing by the City Manager. The hours of food and beverage services in the clubhouse restaurant shall be adequate to serve -8- 12812-0001\2046224v 1.doc CONTRAT NO.C35730 the general public, subject to the approval of the City Manager. The City of Palm Desert will have the right to temporarily close parts of or the whole Golf Resort, driving range, clubhouse, academy, and all other facilities for special use event(s) with written notice to Kemper not less than 60 days prior to the date of such special event(s). 3.5.2 Fees and Charges. Kemper shall recommend, and the City shall establish annually (or more frequently and in all cases consistent with resolutions and orders of the City Council) all fees and charges for use of the golf course, golf carts, bag storage, club rental and driving range. All other fees, charges, and prices for services at the Golf Resort shall be set by Kemper and shall be comparative and competitive with other first class golf resorts in the Coachella Valley. 3.5.3 Dress Code. Bathing attire, cut-offs and short shorts, halter tops, tube tops, running outfits, and similar types of recreational wear are not considered proper dress on the golf courses and shall not be permitted. Shirts and shoes shall be worn at all times at the Golf Resort. This dress code shall apply to all visitors, golfers, and employees. 3.5.4 Handicap Service. During the term of this Agreement, Kemper shall implement a United States Golf Association golf handicap service for golfers who patronize the Golf Resort. Kemper shall make the necessary arrangements to implement such a handicap system. The fee charged to golfers by Kemper for such handicap service shall be an annual fee and shall not exceed two times the fee charged to the Golf Resort by Southern California Golf Association or United States Golf Association, as the case may be, for providing the handicap service. The handicap service shall not include as part of its benefits any privileges to use the golf courses, other than the privileges otherwise available to the public. 3.5.5 Starter Service and Marshals. Starter services shall be provided in the golf pro shop, and shall include the assignment of tee times and carts and the collection of fees. While the golf courses are open for play, marshals shall closely monitor and control the speed of play and assist the slower golfers in order to maintain golf play at acceptable levels, in a manner to be determined by Kemper in its reasonable judgment. 3.5.6 Club Cleaning. Golf club cleaning services shall be provided to golfers immediately upon their completion of golf play. There shall be no charge to the golfers for golf club cleaning services. Appropriate Golf Resort employees may accept gratuities from golfers for such services. 3.5.7 Tee Times. The tee time schedule for the golf courses shall be recommended by Kemper and approved by the City Manager. "Starter" tee times shall not be reserved, and the starter shall not work in groups if it will result in not remaining "on schedule" throughout the day. -9- 12812-0001\2046224v1.doc CONTRAT NO.C35730 3.5.8 Fivesome Play. It shall be the policy of the Golf Resort not to permit fivesomes. However, Kemper may permit fivesomes, when appropriate (such as group or family events), at its reasonable discretion and notify the City Manager in writing. 3.5.9 Tournaments. Consecutive tee times, shotgun starting formats, and modified shotgun starting formats shall be acceptable forms of reservations for tournaments. During the appropriate seasons and provided the weather conditions permit such an arrangement, when a full shotgun (use of all 18 holes) starting procedure is used, it shall be timed in such a manner so as to potentially accommodate two full shotguns per day - one in the morning and one in the afternoon. In preparation for a tournament, Kemper shall, if necessary, prepare tee settings, spectator areas, and tents for judges and players and shall mark hazards and damaged turf areas. Kemper shall provide player identification cards for golf carts, and if necessary provide "closest to the pin" and "longest drive" markers and scoring forms. If requested, Kemper shall arrange for food and beverage services including box lunches and beverage carts. Kemper may charge a separate fee if the tournament group wants any additional services, including but not limited to: prior reservations, bag handling, merchandise, food and beverage services, scoring, shuttle service between hotels and the Golf Resort, videotaping, portraits, shoe cleaning services, or club cleaning services. 3.5.10 Golf Pro Shops. The golf pro shop(s) shall be open for business in accordance with the provisions of Section 3.5.1. Kemper shall employ a qualified person for the golf pro shops, who will be responsible for promoting and increasing sales at the golf pro shops. Kemper shall employ qualified personnel to work in the golf pro shops each day that the golf courses are open for play. Merchandise that can reasonably be classified as "stale" or "unsalable" may be marked down. If Kemper determines that any aged merchandise in the golf pro shops should not be sold, whether on a discounted basis or otherwise, because of the reputation or image of the golf pro shops, then with the approval of the City Manager, Kemper may purchase with its own funds (and not from the Golf Resort Accounts) such merchandise at cost for purposes of selling such merchandise at other golf courses operated by Kemper. Space shall be provided in the golf pro shops for merchandise that the City may develop as part of its marketing programs. 3.5.11 Learning Center. Kemper may operate a Learning Center on the designated Learning Center Area on the Golf Resort. The City shall have the right, at the City's sole discretion, to re-purpose or close the Learning Center at any time upon 45 days' written notice to Kemper. 3.5.12 Golf Instruction. Kemper shall either employ or shall retain, as a Golf Resort Expense, as independent contractors golf instructors to provide golf lessons and golf instruction at the Golf Resort. All golf instructors must be certified Professional Golf Association or Ladies Professional Golf Association golf professionals or apprentices, and shall be certified by the director of golf at the Golf Resort. All golf instruction fees shall be handled as a cash register transaction and reported in the same manner as green fees. Kemper shall develop a golf instructional program that will offer individual and group lessons, video instruction, golf clinics, junior golf clinics, and -10- 12812-0001\2046224v1.doc CONTRAT NO.C35730 golf schools. This golf instructional program shall be used to complement golf package promotions offered by the owner of the timeshare projects and hotels adjacent to the Resort Course. A golf professional shall only be allowed to conduct golf lessons at the Golf Resort if he or she has first obtained the approval to do so by Kemper; such approval may be conditioned on payment of an appropriate fee. 3.5.13 Golf Driving Range. The driving range property shall be open in accordance with the provisions of Section 3.5.1. The driving range building shall be staffed appropriately by Kemper. Driving range balls shall be of reasonable and appropriate quality, and all cracked and worn range balls shall be removed daily. A driving range fee shall be recommended by Kemper and set by the City Manager. 3.5.14 Golf Club Rentals and Bag Storage. Rental golf clubs and bags shall be available for customers of the Golf Resort. Storage space for golf bags shall be made available, and bag tags shall be placed on all golf bags stored at the Golf Resort with the name of the player printed on the bag tag. The fee for golf bag storage shall be recommended by Kemper and set by the City Manager. 3.5.15 Golf Carts. Golf cart rentals shall be required for all golfers on the golf courses. Kemper shall not permit the use of private golf carts on the golf courses. A minimum of 160 electrically powered golf carts per golf course shall be maintained at the Golf Resort. Golf carts shall be new when acquired and shall be manufactured by a reputable firm. The entire golf cart fleet shall be replaced with new units upon Kemper's recommendation and when approved by the City Manager. All golf carts shall be four- wheel vehicles, and shall be equipped with canopies, windshields, coolers, and sand and seed containers and holders. Kemper shall employ a mechanic who is qualified to repair and maintain the golf carts or provide for third-party maintenance through the golf cart lease agreement or an authorized manufacturer's representative. 3.5.16 Food and Beverage Operations. The Golf Resort shall include a restaurant located in the clubhouse and a snack bar. Temporary food stands shall not be installed on the golf courses except for special events. If permitted by applicable law, with the prior written consent of the City Manager, Kemper may establish an on-course cart food and beverage service. Kemper shall comply with all requirements of state and local law governing the sale and distribution of alcoholic beverages. Kemper shall obtain and maintain all permits from the County of Riverside Department of Health for all food and beverage operations at the Golf Resort. Kemper shall obtain all necessary licenses required for operation of the restaurant and snack bar. Kemper shall comply with all regulations of the County of Riverside Department of Health and all other present and future health laws and regulations as may be established by all federal, state, and local governmental agencies and their instrumentalities. All food service employees shall possess valid food handler cards, and a copy of these cards shall be maintained in the administrative office at the Golf Resort. Kemper shall comply with the City's municipal code and state and federal law as it relates to health and disease testing as now or hereafter required by applicable law, for all food and beverage employees. Prices of food and beverages sold at the Golf Resort shall be comparable to prices charged at other first class golf resorts in the Coachella Valley. -11- 12812-0001\2046224v 1.doc CONTRAT NO. C35730 3.5.17 Office Operations. Kemper shall employ an administrative staff at the Golf Resort to accomplish the administrative functions as required by this Agreement. The Golf Resort shall be equipped with all necessary equipment to allow for the efficient administration of the Golf Resort business. Upon the written request of the City Manager, Kemper shall provide the City with a written job description for each management position at the Golf Resort. The City shall keep these job descriptions in strict confidence, subject to applicable public records disclosure laws. 3.5.18 Safety and Security. Kemper shall take all commercially reasonable action to cause the Golf Resort to comply with all safety regulations of federal, state, and local governmental agencies and their instrumentalities, including without limitation any requirements imposed by California Labor Code Sections 1720 et seq. and 6300 et seq. and regulations promulgated with respect thereto, and applicable federal occupational, health, and safety laws and regulations. Kemper shall take all reasonable actions to protect the safety of all Golf Resort employees, customers and visitors. The Golf Resort shall contain appropriate security systems as determined by Kemper and the City Manager. 3.5.19 Customer Forms. Forms shall be visible and readily available to customers of the Golf Resort to present their comments or complaints regarding the Golf Resort. Completed forms shall be made available to the designee of the City upon request. 3.6 Contracts and Agreements. Except as provided below, all leases and financing agreements for Furnishings and Equipment, and all contracts and agreements relating to the operation and maintenance of the Golf Resort (including without limitation contracts for maintenance and repair services, pest control, supplies, and landscaping services, and agreements for tournaments, banquets, and other group functions), entered into during the term of this Agreement shall be entered into by Kemper as the contracting party, on behalf of the City unless mutually agreed upon to the contrary. If the term of the lease, financing agreement, or other contract or agreement extends beyond the expiration date of this Agreement or if the date for performance under such contract is after the expiration date of this Agreement, then the City (and not Kemper) shall be the contracting party to such contract and Kemper shall obtain approval from the City Manager prior to entering into such lease, financing agreement, or other contract or agreement. The preceding sentence shall not apply to agreements for tournaments, banquets, and other group functions to take place after the expiration date of this Agreement, and such agreements shall be entered into by Kemper on behalf of the City. Upon the expiration or earlier termination (for whatever reason) of this Agreement, the City agrees to assume all contracts and agreements entered into in Kemper's name on behalf of the City in accordance with this Section 3.6. 3.7 Alterations to Buildings. Kemper shall not make any alterations, additions, or changes to the exterior appearance or the structural nature of the clubhouse, golf pro shop, maintenance building, or other buildings located at the Golf Resort without the prior consent of the City. -12- 12812-0001\2046224v 1.doc CONTRAT NO. C35730 3.8 Operation and Maintenance Standards. The parties acknowledge and agree that the Golf Resort shall be operated and maintained as a first class golf resort. In addition to all other responsibilities of Kemper under this Agreement, Kemper agrees that at all times during the term of this Agreement, the Golf Resort shall be operated and maintained in accordance with the Standards for Operation and Maintenance set forth as Exhibit "A" of this Management Agreement. The City Manager, may, from time to time, inspect the Golf Resort for purposes of compliance with the terms of this Section 3.8. The City Manager, shall act reasonably and in good faith in making the determination whether the Standards for Operation and Maintenance have been satisfied, and if not, the City Manager shall provide Kemper with a list of written deficiencies. Kemper shall correct such deficiencies within 30 days of receipt of such written list of deficiencies. In particular, Kemper is aware that there is a concern with respect to the maintenance of the "desert-scape" portion of the Golf Course, and maintenance standards for the desert-scape, which are now on file in the office of the City Clerk, shall be included with such Standards. Except as provided below, if a particular Corrective Action Item has not been corrected, improved, or repaired within 30 days after receipt of the report containing the Corrective Action Item, then the City shall have the right to declare a default hereunder and terminate this Agreement. The following items shall be excluded from the Evaluation Form for purposes of determining whether a Corrective Action Item has been corrected, improved, or repaired within such 30 day period: (a) any outstanding Corrective Action Item that Kemper is diligently and timely correcting in accordance with the time schedule jointly prepared by the City Manager and the general manager of the Golf Resort, as provided above, (b) any item in disagreement between the parties as provided in the immediately following paragraph, (c) any Corrective Action Item in which the correction, improvement, or repair is considered a Capital Improvement, and (d) any Corrective Action Item that Kemper is unable to correct, improve, or repair because of the occurrence of a "Force Majeure Event" (as defined in Section 10.3 of this Agreement). In the event Kemper disagrees with the results of any Evaluation Form or in the event the parties disagree as to whether any Corrective Action Item has been properly or timely corrected, improved, or repaired, then the parties shall submit the matter in disagreement to the City or Golf Course Committee. The parties agree that Kemper shall comply with the recommendations made by the City or Golf Course Committee as to the correction, improvement, or repair of any Corrective Action Item in accordance with Kemper's responsibilities under this Agreement. With regard to any matter in disagreement, during the period of time that such matter has been submitted to the City Manager as provided above, the penalty applicable to such matter shall be suspended until such matter has been finally resolved and no additional damages for such matter shall accrue during the period of time that such matter has been submitted to the City. If Kemper does not agree with the recommendation of the City or Golf Course Committee, then Kemper and the City shall, within 15 days after the date of the recommendation, select an independent third party to make such decision. If Kemper and the City cannot -13- 12812-0001\2046224v1.doc CONTRAT NO.C35730 agree on such third party, then the matter shall be submitted to the local Judicial Arbitration and Mediation Services office for resolution. 3.9 Contract Administration. The City has designated the City Manager as the individual who is responsible for administering this Agreement on behalf of the City. The City Manager may designate any member or members of his or her staff or other person to carry out the City Manager's responsibilities in administering this Agreement. Kemper has designated James R. Stegall, Executive Vice-President, as the individual who is responsible for administering this Agreement on behalf of Kemper. Kemper shall notify the City in writing if another individual has replaced James R. Stegall as the person responsible for administering this Agreement on behalf of Kemper. The parties acknowledge that except as otherwise expressly provided herein (a) the City Manager has the authority to approve or consent to those matters identified in this Agreement as requiring the City's approval or consent and to make all other decisions on behalf of the City regarding the administration of this Agreement (except where approval by the City Council is expressly required herein), and (b) James R. Stegall or such other individual designated by Kemper has the authority to approve or consent to those matters identified in this Agreement as requiring Kemper's approval or consent and to make all other decisions on behalf of Kemper regarding the administration of this Agreement. The City's management direction to Kemper shall be given by the City Manager. 3.10 Meetings with Golf Course Committee. The General Manager of the Golf Resort shall attend all meetings of the Golf Course Committee and discuss all standards, changes, policies and other matters required to be discussed. 3.11 Compliance with Environmental Laws. In performing its responsibilities under this Agreement, Kemper shall comply with all federal, state, and local laws and regulations pertaining to the storage, use, and disposal of "hazardous or toxic wastes, substances, or materials" as defined by applicable law, to the extent such "hazardous or toxic wastes, substances, or materials" are within Kemper's control or under Kemper's management. The City shall not exercise any remedies to terminate this Agreement in the event of non-material breach hereof Kemper agrees to indemnify the City for any costs, fees, fines or losses that may result from environmental contamination or natural resource damage on the subject property if caused by Kemper's performance in storing, using or disposing of hazardous or toxic substances or materials or wastes such as, but not limited to, herbicides, pesticides, algicides or other water treatment chemicals. The City acknowledges and agrees that the City shall be responsible for any legal or other liability or damage arising out of the presence of environmental contamination or natural resource damage on the subject property by any cause other than Kemper's performance in storing, using or disposing of hazardous or toxic substances or materials or wastes such as, but not limited to, herbicides, pesticides, algicides or other water treatment chemicals. 3.12 Cooperation with other City Agreements. Kemper agrees to honor and cooperate with the City in all agreements between the City and third parties and all City policies concerning the use of the Golf Resort. To the extent that such agreements and policies impact on the operation of the Golf Courses, Kemper shall have the right to -14- 12812-000I\2046224v1.doc CONTRAT NO.C35730 review and comment on such agreements and policies prior to their approval by the City. The City may approve or disapprove of any such agreements and policies in its sole and absolute discretion. 3.13 Radius Restriction. During the Term of this Agreement, neither Kemper nor any affiliate or subsidiary of Kemper shall manage, own or operate another golf course within a 20 mile radius of the Golf Resort, without first obtaining the City's prior written consent. 3.14 Good Standing. Kemper shall be a management company recognized in the golf course management community as a first-class manager of high-quality golf courses and shall be authorized to conduct business in the City. ARTICLE IV CAPITAL IMPROVEMENTS 4.1 Capital Improvement Plans. Kemper shall submit to the City on or before April 1 of each year during the term of this Agreement, commencing a "Capital Improvement Plan" for the Golf Resort for the next Operating Year, which shall include Kemper's recommendation of Capital Improvement projects for the next Operating Year and the estimated costs of such Capital Improvement projects. 4.2 Implementation of Capital Improvement Projects. The parties acknowledge and agree that all Capital Improvement projects are in the sole control and discretion of the City, and all costs and expenses of Capital Improvement projects shall be paid from City funds. The costs and expenses of Capital Improvement projects shall not be considered Golf Resort Expenses. The parties acknowledge and agree that this Agreement imposes no responsibilities or obligations on the part of Kemper with respect to any aspect of a Capital Improvement project, including design, construction, or supervision. In the event the City desires Kemper to be involved in any capacity in a Capital Improvement project, the parties will enter into a separate agreement setting forth the terms and conditions of such involvement, including without limitation fees to be received by Kemper for such involvement. ARTICLE V INSURANCE Without limiting Kemper's indemnification of City, and prior to execution of the Agreement by the City, Kemper shall obtain, provide and maintain during the term of this Agreement, policies of insurance of the type and amounts described below and in a form that is satisfactory to the City. 5.1 General Liability Insurance. Kemper shall maintain commercial general liability insurance with coverage at least as broad as Insurance Services Office form CG 00 01, in an amount not less than $10,000,000 per occurrence, $10,000,000 general aggregate, on a per project basis, for bodily injury, personal injury, and property damage for all activities of Kemper under this Agreement. The policy must include -15- 12812-0001\2046224v1.doc CONTRAT NO.C35730 contractual liability that has not been amended. Any endorsement restricting standard ISO "insured contract" language will not be accepted. 5.2 Automobile Liability Insurance. Kemper shall maintain automobile insurance at least as broad as Insurance Services Office form CA 00 01 covering bodily injury and property damage for all activities of Kemper under this Agreement, including coverage for any owned, hired, non-owned or rented vehicles, in an amount not less than $10,000,000 combined single limit for each accident. 5.3 Umbrella or Excess Liability Insurance. Kemper may opt to utilize umbrella or excess liability insurance in meeting insurance requirements. In such circumstances, Kemper may obtain and maintain an umbrella or excess liability insurance policy with limits that will provide bodily injury, personal injury and property damage liability coverage at least as broad as the primary coverages set forth above, including commercial general liability and employer's liability. Such policy or policies shall include the following terms and conditions: • A drop down feature requiring the policy to respond if any primary insurance that would otherwise have applied proves to be uncollectible in whole or in part for any reason; • Pay on behalf of wording as opposed to reimbursement; • Concurrency of effective dates with primary policies; • Policies shall "follow form" to the underlying primary policies; and. • Insureds under primary policies shall also be insureds under the umbrella or excess policies. 5.4 Workers' Compensation Insurance. Kemper shall maintain Workers' Compensation Insurance (Statutory Limits) and Employer's Liability Insurance (with limits of at least $1,000,000). Kemper shall submit to City, along with the certificate of insurance, a Waiver of Subrogation endorsement in favor of the City of Palm Desert, the Palm Desert Recreational Facilities Corporation, the Successor Agency to the Palm Desert Redevelopment Agency, and their elected or appointed officers, agents, officials, employees and volunteers. Kemper shall require all subcontractors performing work for Kemper under this Agreement to maintain workers compensation insurance covering such subcontractors' employees. The City of Palm Desert, the Palm Desert Recreational Facilities Corporation, the Palm Desert City Council, and City personnel shall not be responsible for any claims in law or equity occasioned by the failure of Kemper to comply with this section, or with the provisions of California law relating to workers compensation insurance. 5.5 Personal Property Coverage. Kemper shall maintain insurance on the contents of the buildings located at the Golf Resort and other personal property located at the Golf Resort, which contents and personal property are owned or leased by the City or Kemper, against loss or damage by fire, lightning and/or any other perils insurable under the form of "all risk" coverage then available (including specifically irrigation and/or sprinkler system leakage damage, vandalism and malicious mischief, if -16- 12812-0001\2046224v 1.doc CONTRAT NO. C35730 available), for full replacement value. The City of Palm Desert and the Palm Desert Recreational Facilities Corporation shall be named as loss payees. The parties agree that Kemper shall not be responsible for procuring or maintaining "all risk" insurance coverage on the buildings, structures, or other improvements located at the Golf Resort, and the City shall either procure or maintain such insurance coverage or shall self- insure for such risks. OTHER PROVISIONS OR REQUIREMENTS 5.6 Right to Increase Insurance Coverage. Kemper shall have the right to increase, but not to decrease without the prior written consent of the City, the minimum amount of any insurance to be maintained by Kemper with respect to the Golf Resort under this section, in order to make such coverage comparable to the amount of insurance carried with respect to other golf courses and country clubs operated by Kemper, taking into account the size, character, and location of the Golf Resort. The types of insurance and the coverage amounts specified in this section are the requirements of the City in connection with the operation of the Golf Resort. 5.7 Insurance Maintained by Kemper. Any insurance maintained by Kemper under this section may contain deductible provisions and self-insurance or self- assumption provisions, but must be declared to and approved by the City. City reserves the right to require that self-insured retentions be eliminated, lowered, or replaced by a deductible. Self-insurance or self-assumption provisions will not be considered to comply with these specifications unless approved by the City. The City understands and agrees that with respect to all policies of insurance required under this section, the portion of any claim, loss, or damage subject to a deductible amount or a self-insurance or self-assumption amount shall be a Golf Resort Expense. Kemper shall obtain the City's consent in writing of the City Manager at least 30 days prior to any increase in the deductible amount or self-insured or self-assumed amounts for the insurance coverage maintained by Kemper under this section. Any failure to comply with reporting or other provisions of the policies, including breach of warranties shall not affect coverage provided to the City of Palm Desert, the Palm Desert Recreational Facilities Corporation, and their officers, officials, employees, agents, and volunteers. 5.8 Proof of Insurance. Kemper shall provide certificates of insurance to City as evidence of the insurance coverage required herein, along with a waiver of subrogation endorsement for workers' compensation. Insurance certificates and endorsements must be approved by City's Risk Manager prior to commencement of performance. Current certification of insurance shall be kept on file with City at all times during the term of this contract. City reserves the right to require complete, certified copies of all required insurance policies, at any time. 5.9 Duration of Coverage. Kemper shall procure and maintain for the duration of the contract insurance against claims for injuries to persons or damages to property, which may arise from or in connection with the performance under this Agreement hereunder by Kemper, their agents, representatives, employees, subcontractors, or consultants. -17- 12812-000I\2046224v1.doc CONTRAT NO. C35730 5.10 Primary/Non-Contributing. Coverage provided by Kemper shall be primary and any insurance or self-insurance procured or maintained by City shall not be required to contribute with it. The limits of insurance required herein may be satisfied by a combination of primary and umbrella or excess insurance. Any umbrella or excess insurance shall contain or be endorsed to contain a provision that such coverage shall also apply on a primary and non-contributory basis for the benefit of City before the City's own insurance or self-insurance shall be called upon to protect it as a named insured. 5.12 Acceptable Insurers. All insurance policies shall be issued by an insurance company currently authorized by the Insurance Commissioner to transact business of insurance or is on the List of Approved Surplus Line Insurers in the State of California, with an assigned policyholders' Rating of A- (or higher) and Financial Size Category Class VII (or larger) in accordance with the latest edition of Best's Key Rating Guide, unless otherwise approved by the City's Risk Manager. 5.13 Waiver of Subrogation. All insurance coverage maintained or procured pursuant to this agreement shall be endorsed to waive subrogation against the City of Palm Desert, the Palm Desert Recreational Facilities Corporation, and their elected or appointed officers, agents, officials, employees and volunteers, or shall specifically allow Kemper or others providing insurance evidence in compliance with these specifications to waive their right of recovery prior to a loss. Kemper hereby waives its own right of recovery against the City of Palm Desert and the Palm Desert Recreational Facilities Corporation, the Successor Agency to the Palm Desert Redevelopment Agency, and their elected or appointed officers, agents, officials, employees and volunteers, and shall require similar written express waivers and insurance clauses from each of its subcontractors or consultants. 5.14 Enforcement of Contract Provisions (non estoppel). Kemper acknowledges and agrees that any actual or alleged failure on the part of the City to inform Kemper of non-compliance with any requirement imposes no additional obligations on the City nor does it waive any rights hereunder. 5.15 Requirements Not Limiting. Requirements of specific coverage features or limits contained in this Section are not intended as a limitation on coverage, limits or other requirements, or a waiver of any coverage normally provided by any insurance. Specific reference to a given coverage feature is for purposes of clarification only as it pertains to a given issue and is not intended by any party or insured to be all inclusive, or to the exclusion of other coverage, or a waiver of any type. If Kemper maintains higher limits than the minimums shown above, the City requires and shall be entitled to coverage for the higher limits maintained by Kemper. Any available insurance proceeds in excess of the specified minimum limits of insurance and coverage shall be available to the City. -18- 12812-0001\2046224v 1.doc CONTRAT NO. C35730 5.16 Notice of Cancellation. Kemper agrees to oblige its insurance agent or broker and insurers to provide the City a 30 day notice of cancellation (except for nonpayment for which a 10 day notice is required) or nonrenewal of coverage for each required coverage. 5.17 Insurance Premium Expenses. The expense of insurance premiums for any insurance required by this Agreement shall be a Golf Resort Expense. 5.18 Additional Insured Status. General liability policies shall provide or be endorsed to provide that the City of Palm Desert, the Palm Desert Recreational Facilities Corporation, the Successor Agency to the Palm Desert Redevelopment Agency, and their elected or appointed officers, agents, officials, employees and volunteers shall be additional insureds under such policies. This provision shall also apply to any excess/umbrella liability policies. 5.19 Prohibition of Undisclosed Coverage Limitations. None of the coverages required herein will be in compliance with these requirements if they include any limiting endorsement of any kind that has not been first submitted to City and approved of in writing. 5.20 Separation of Insureds. A severability of interests provision must apply for all additional insureds ensuring that Kemper's insurance shall apply separately to each insured against whom claim is made or suit is brought, except with respect to the insurer's limits of liability. The policy(ies) shall not contain any cross-liability exclusions. 5.21 Pass Through Clause. Kemper agrees to ensure that its consultants, subcontractors, and any other party involved with the project who is brought onto or involved in the project by Kemper, provide the same minimum insurance coverage and endorsements required of Kemper. Kemper agrees to monitor and review all such coverage and assumes all responsibility for ensuring that such coverage is provided in conformity with the requirements of this section. Kemper agrees that upon request, all agreements with consultants, subcontractors, and others engaged in the project will be submitted to City for review. 5.22 City's Right to Revise Specifications. The City reserves the right at any time during the term of the contract to change the amounts and types of insurance required by giving Kemper ninety (90) days advance written notice of such change. If such change results in substantial additional cost the City and Kemper may renegotiate the terms of this Agreement. 5.23 Timely Notice of Claims. Kemper shall give City prompt and timely notice of claims made or suits instituted that arise out of or result from Kemper's performance under this Agreement, or are related in any way to the Golf Resort, and that involve or may involve coverage under any of the required liability policies. -19- 12812-0001\2046224v1.doc CONTRAT NO.C35730 5.24 Additional Insurance. Kemper shall also procure and maintain, at its own cost and expense, any additional kinds of insurance, which in its own judgment may be necessary for its proper protection in performance under this Agreement. Kemper must obtain the City's prior written approval to have any additional expenses under this section included as a Golf Resort Expense. 5.25 Safety. Kemper shall execute and maintain its work so as to avoid injury or damage to any person or property. Kemper shall at all times be in compliance with all applicable local, state and federal laws, rules and regulations, and shall exercise all necessary precautions for the safety of employees appropriate to the nature of the work and the conditions under which the work is to be performed. Safety precautions, where applicable, shall include, but shall not be limited to: (A) adequate life protection and lifesaving equipment and procedures; (B) instructions in accident prevention for all employees, consultants, and subcontractors, such as safe walkways, scaffolds, fall protection ladders, bridges, gang planks, confined space procedures, trenching and shoring, equipment and other safety devices, equipment and wearing apparel as are necessary or lawfully required to prevent accidents or injuries; and (C) adequate facilities for the proper inspection and maintenance of all safety measures. ARTICLE VI MANAGEMENT FEES TO KEMPER 6.1 Fixed Management Fee. For the period from the date of this Agreement to the expiration of the Term, but subject to the following paragraph, Kemper shall receive a "Fixed Management Fee" of $20,833.33 per month. The Fixed Management Fee shall be paid monthly, in advance, on the first day of each calendar month Any fixed management fee owing at the expiration or early termination of this agreement or resulting from correction of errors or adjustments shall be paid concurrently with the delivery to the City of the final statements per section 7.7.2 hereof. 6.2 Percentage Management Fee. In addition to the Fixed Management Fee, for the period from the date of this Agreement to the expiration of the Term, Kemper shall receive a "Percentage Management Fee" equal to five percent (5%) of the amount by which the Gross Revenues of the portions of the Golf Resort operated by Kemper exceeds the Threshold Amount; provided that in no event shall the Percentage Management Fee in any one Operating Year exceed Two Hundred ($200,000) ("Percentage Management Fee Cap"). Notwithstanding the above or the Threshold Amount below, the Percentage Management Fee Cap shall increase by the lesser of (i) an amount equal to the percentage change in the CPI for the preceding 12 month reporting period, or (ii) two percent (2%) per Operating Year of the Term. The Threshold Amount is the sum of $6,500,000.00. The Percentage Management Fee shall be paid to Kemper annually, in arrears, within 45 days following Kemper's delivery to the City of the annual statement required by Section 7.7.2, below, and shall be based on the Gross Revenues for the Operating Year covered by such statement. -20- 12812-0001\2046224v 1.doc CONTRAT NO.C35730 In the event of any corrections to any monthly or annual statements, the parties shall promptly make the necessary adjustments between themselves. Any Percentage Management Fee owing as of the expiration or earlier termination of this Agreement shall be payable concurrently with the delivery to the City of the final statement per Section 7.7.2 hereof. 6.3 Gross Revenues Defined. For the purpose of determining the Percentage Management Fee, the term "Gross Revenues" means all money received as a result of the operation of the Golf Resort and the sale of goods and services at the Golf Resort, determined on a cash basis in accordance with generally accepted accounting principles consistently applied. Gross Revenues shall include all green fees; rental fees for golf carts, golf clubs and bags, and other rental items; bag storage fees; range balls; reservation fees; fees for golf handicap service; rental and concession payments; food and beverage sales; liquor sales; revenue generated from space rentals and from meetings, banquets, parties, receptions, tournaments, and other group gatherings; merchandise sales; golf instruction fees; and revenues received by the City from golf schools operated by the City or Kemper. The following shall be excluded from Gross Revenues: 6.3.1 Cost of goods returned to suppliers. 6.3.2 Monies and or credits received in settlement of claims for loss or damage to goods, wares, food, or merchandise. 6.3.3 Compensation paid to golf pros providing lessons and related services. 6.3.4 Revenues from the Learning Center, unless operated by Kemper. 6.3.5 The amount of cash refunded or credit allowed on merchandise or gift certificates returned by customers, or the amount of cash refunded or credit allowed in lieu of Kemper's acceptance therefor. 6.3.6 Receipts in the form of refunds from, or the value of merchandise, supplies or equipment returned to, shippers, suppliers or manufacturers. 6.3.7 Credit card carrying charges. 6.3.8 All sales taxes, admissions taxes, use taxes, so-called luxury taxes, entertainment taxes, value added taxes, excise taxes, gross receipt taxes, and similar taxes, whether imposed under any existing or future rules, regulations, laws or ordinances, upon the sales of food, beverages, merchandise or services, and whether or not added to or included in the selling price; 6.3.9 Delivery charges. -21- 12812-0001\20462 24 v 1.d oc CONTRAT NO. C35730 6.3.10 Interest, service or sales carrying charges paid by customers for extension of credit on sales. 6.3.11 Any receipts from the transfer of goods, wares or merchandise from the Golf Resort to any other store owned by the City. 6.3.12 Bad debts and bad checks. 6.3.13 Proceeds of insurance, except business interruption insurance proceeds. 6.3.14 Receipts from vending machines, telephones, lottery ticket sales, stamp machines, and the like. 6.3.15 Receipts from sales to employees at a discount. 6.3.16 Proceeds from the sale of fixtures or equipment or of all or of a substantial part the stock-in-trade and merchandise at a sale other than at retail, or the sale of the business as a whole. 6.3.17 Proceeds from the bulk sale of any merchandise (i.e., a sale not made in the ordinary course of business). 6.3.18 Gross receipts received by licensees or concessionaires, except to the extent any portion of such receipts is received by the Golf Resort. 6.3.19 The amount of any gratuities paid or given by customers to Golf Resort employees, or service charges added to customer billings which represent gratuities to Golf Resort employees. 6.3.20 Proceeds of any borrowings by Kemper or the City. 6.3.21 Any amount received by Kemper in connection with any claim, demand, or lawsuit. 6.3.22 Initial operating funds in the Golf Resort Accounts and funds subsequently provided by the City, if any. ARTICLE VII ACCOUNTS; WORKING FUNDS; DISBURSEMENT OF FUNDS; RECORDS AND REPORTS 7.1 Golf Resort Accounts. 7.1.1 The City shall cause to be established bank accounts for the Golf Resort (including a "Capital Reserve Account" to be used for approved capital expenditures) at a banking institution or institutions (which banking institution or institutions shall have branches located in the City and in close proximity to the Golf -22- 12812-0001\2046224v 1.doc CONTRAT NO. C35730 Resort), such accounts to be in the City's name or the City's name (collectively the "Golf Resort Accounts"). Kemper will collect and deposit daily in the Golf Resort Accounts designated by the City all monies received from the operation of the Golf Resort. The Golf Resort Accounts shall be maintained, as described in more detail in Section 7.4. Kemper shall have check writing privileges with respect to the Golf Resort Accounts, subject to a limit of $5,000.00 per check, for the purpose of disbursement of the payment of Golf Resort Expenses as set forth in Sections 7.3 and 7.4 below. The City shall have the right to require additional controls on check writing privileges. Notwithstanding the provisions of the foregoing sentence, subject to the City's approval, Kemper shall be entitled to maintain funds in reasonable amounts in "cash register banks" or in petty cash funds at the Golf Resort. 7.1.2 All revenues generated by the Golf Resort shall be the property of the City. Revenue collection procedures shall be in accordance with the method approved by the City. The deposit shall be made with the bank no later than the next business day following the date on which the revenues are collected. A duplicate copy of the deposit receipt identifying the amount collected by Kemper and its deposit with the bank shall be delivered by Kemper (or designated representative) to the City Manager at the address set forth below, on a weekly basis, or, at the option of the City, Kemper shall provide the City with a weekly bank deposit report via a computerized "on- line" reporting system. 7.1.3 Until such monies or other things of value have been deposited in the City's account and verified by the bank in accordance with this Agreement, Kemper bears all risk of loss therefore, including, but not limited to, damage, destruction, disappearance, theft, fraudulent or any dishonest or unlawful act, or other hazard, irrespective of location and whether by Kemper's employees or any other person or entity. Should such an event or act occur, Kemper shall notify as soon as possible the City Manager and the Riverside County Sheriff and Kemper shall prepare a report of such incident. Kemper shall notify the City of any operational changes deemed necessary by Kemper to safeguard the City's monies or things of value. 7.1.4 Kemper shall require of the bank holding the City's funds that all funds be secured to such an extent and in such a manner as is required by applicable law in connection with the deposit of funds of a public entity. 7.2 Accounting System. Kemper shall design, establish, implement and maintain procedures for the accounting and control of the revenues from the time of their collection by Kemper to the time of deposit at the bank. This shall include a system of internal controls to account for all gross revenues. Such procedures shall include each of the accounting and cash control processes identified recommended by Kemper and approved by the City Manager, which approval shall not unreasonably be withheld. 7.3 Disbursements from Operating Account. From the Golf Resort Accounts (or, if applicable, from "cash register banks" or petty cash funds available at the Golf Course), Kemper is authorized to pay all Golf Resort Expenses when incurred, except -23- 12812-0001\2046224v 1.doc CONTRAT NO.C35730 for fees due to Kemper under Sections 6.1 and 6.2, which shall be paid by the City from other Golf Resort Accounts. 7.4 Operating Accounts. Kemper shall use its commercially reasonable efforts to maintain at all times, sufficient funds in the Golf Resort Accounts to satisfy the daily working capital needs of the Golf Resort, including the timely payment of Golf Resort Expenses. To this end, upon the commencement of the Term hereof, the City shall deposit into the Golf Resort Accounts the amount of $1,500,000. If at any time, or from time to time, the Golf Resort Expenses could become greater than the operating income of the Golf Resort, then Kemper shall immediately notify by telephone and email the City Manager and the Finance Director of the City. To the extent that the Golf Resort has annual capital expenditures under Section 4.2 to be paid from the Golf Resort Accounts, the maximum amount to be disbursed from the Golf Resort Accounts shall not exceed $100,000 annually. The City shall have the right to withdraw and retain any net operating income in excess of the amounts required for maintaining the Golf Resort Accounts. 7.5 Books and Records. Kemper shall maintain in accordance with GAAP (Generally Accepted Accounting Principles) adequate books of account with respect to its management and operations of the facilities and shall maintain such books at its local offices in Palm Desert, California. Kemper shall keep full and accurate books of account and such other records as are necessary to reflect the results of the operation of the Golf Resort. For this purpose, Kemper agrees it will make available to the City at all times all books and records in Kemper's possession relating to the Golf Resort, including contract documents, invoices and construction records. All accounting records shall be maintained in accordance with generally accepted accounting principles and shall be maintained in a cash format for each Operating Year. All such books, records, and reports shall be maintained separately from other facilities operated by Kemper. Kemper shall keep digital back-up for all records including precautions for local system failures. All records at the Golf Resort shall be kept by Kemper in fireproof files. Kemper agrees to maintain reasonable and necessary accounting, operating, and administrative controls relating to the financial aspects of the Golf Resort, and such controls shall provide checks and balances designed to protect the Golf Resort, Kemper, and the City. Kemper shall maintain all financial and accounting books and records for a period of at least three years after the expiration or earlier termination of this Agreement, and the City shall have the right to inspect and audit such books and records during such period as provided in Section 7.6, below. Kemper shall provide the City with a verification and accounting system as directed by the City for all monies, gross receipts, revenues, fees, and charges collected at the Golf Resort. Such system shall include: (a) Recordation of all sales by means of a cash register, which will display the amount of each sale and automatically issue a customer's receipt. The cash registers used by Kemper shall be approved by the City. Said cash registers shall in all cases have locked in sales total transaction counters that are constantly accumulating and which cannot, in any case, be reset, and in addition, a tape loaded within the cash -24- 12812-0001\2046224v I.doc CONTRAT NO.C35730 registers on which transaction numbers and sales details are imprinted. Beginning and ending cash register readings shall be made a matter of daily record. In the event of a mechanical or electrical failure of cash register, Kemper shall record by hand all collections and issue a customer receipt in like manner. (b) A written record of the physical count of each and every player on the golf tee sheet with each player's name who reserved the tee time. Kemper will make reasonable efforts to capture all players' names at the point of sale, if possible. Kemper shall provide a complete count of resident play on a daily basis. (c) Totaling of golfers' starter sheets at the end of each day's play and reconciliation of fee category totals on cash register detail tapes. (d) Maintenance of a daily log book detailing the number of rounds played by fee category and total amount of cash collected by fee category. 7.6 Inspection. The City or its authorized agents, auditors, or representatives shall have the right during normal business hours to review, inspect, audit, and copy the books, records, invoices, deposit receipts, canceled checks, and other accounting and financial information maintained by Kemper in connection with the operation of the Golf Resort. All such books and records shall be made available to the City at the Golf Resort, unless the City and Kemper agree upon another location. The City, at its own expense, shall have the right to retain an independent accounting firm to audit the books and records of the Golf Resort on an annual basis. The City's rights under this Section shall continue after termination of this Agreement. 7.7 Reports to City. Kemper shall deliver to the City the following financial statements, in a form reasonably acceptable to the City: 7.7.1 Within 20 days after the end of each calendar month, a statement of profits, losses, and Gross Revenues, showing the results of operation of the Golf Resort for such month and for the Operating Year to date, which statement shall include sufficient detail to reflect all Gross Revenues, Golf Resort Expenses and the Fixed Management Fee. Such statements shall include a budget comparison, a variance report, and such other customary reports as may reasonably be requested by the City. Such statement shall be certified as correct by an authorized financial officer of Kemper. Such statement shall be in a form reasonably acceptable to the City; and 7.7.2 Within 30 days after the end of each Operating Year, a statement of profits, losses, and Gross Revenues, showing the results of operation of the Golf Resort for such Operating Year which statement shall include sufficient detail to reflect all Gross Revenues, Golf Resort Expenses, the Fixed Management Fee, and the Percentage Management Fee (if applicable) for such period. Such statement shall be certified as correct by an authorized officer of Kemper. Such statements shall include a budget comparison, a variance report, and such other customary reports as may reasonably be requested by the City Manager. If requested by the City Manager, and at the sole expense of the City, these financial statements shall be certified by an -25- 12812-0001\2046224v 1.doc CONTRAT NO. C35730 independent certified public accountant acceptable to the City Manager and provided to the City within 90 days after the end of the Operating Year. Kemper shall provide to the City Manager, within 30 days of end of each calendar month, that calendar month's payroll register by department and individual. 7.8 If Kemper fails to provide to the City any monthly or annual statement at the time and in the manner specified in this Agreement, this failure shall constitute a material default under this Agreement and the City shall have the right, in addition to any other rights or remedies it may have under this Agreement, to conduct an audit to determine these sales, and Kemper shall immediately reimburse the City for the cost of the audit on written demand by the City. If the actual monthly or annual Gross Revenues shown by any audit of the City (whether hereunder or under Sections 7.5 or 7.6) is found to be three percent or greater than the amount of the Gross Revenues shown on the statement provided by Kemper, or if there are any other material irregularities, the overstatement or such irregularities shall be deemed willful and the City may terminate this Agreement upon written notice given at any time within 60 days after receipt of the audit by the City. If at any time Kemper causes an audit of Kemper's business at the Golf Resort to be made by an independent accountant, Kemper shall furnish the City a copy of the report of this audit at no cost to the City, within ten days after Kemper's receipt of the audit report.Kemper Payroll, Accounting Software, Computer Software, Computers and Hardware . Kemper agrees to provide the Golf Resort with all computer hardware, software and all information technology necessary for the daily operations of the Golf Resort; the costs of which shall be a golf resort expense. Kemper shall maintain all the licenses, regulations, and be in compliance with all rules and regulations associated with software, hardware and credit card transactions. ARTICLE VIII TERMINATION RIGHTS 8.1 Termination by the City. In addition to the City's option to terminate this Agreement pursuant to Section 2.1, the City shall have the right to terminate this Agreement, without further compensation to Kemper, other than as to amounts theretofore accrued, upon the occurrence of any one of the following events: 8.1.1 Kemper has misappropriated any funds of the City; 8.1.2 Kemper fails to perform its operation and maintenance duties described in Section 3.8 and the expiration of the cure periods described therein; 8.1.3 Kemper fails to comply with the provisions of Sections 3.4.1, 7.4 or 7.7.2. 8.1.4 Kemper fails to keep, observe or perform any other material covenant, agreement, term or provision of this Agreement to be kept, observed or performed by Kemper, and such default continues for a period of 30 days after written notice of such default by the City; or -26- 12812-0001\2046224v 1.doc CONTRAT NO.C35730 8.1.5 (i) Kemper applies for or consents to the appointment of a receiver, trustee or liquidator of Kemper or of all or a substantial part of its assets; (ii) Kemper files a voluntary petition in bankruptcy or commences a proceeding seeking reorganization, liquidation, or an arrangement with creditors; (iii) Kemper files an answer admitting the material allegations of a bankruptcy petition, reorganization proceeding, or insolvency proceeding filed against Kemper; (iv) Kemper admits in writing its inability to pay its debts as they come due; (v) Kemper makes a general assignment for the benefit of creditors; or (vi) an order, judgment or decree is entered by a court of competent jurisdiction, on the application of a creditor, adjudicating Kemper a bankrupt or insolvent or approving a petition seeking reorganization of Kemper or appointing a receiver, trustee or liquidator of Kemper or of all or a substantial part of its assets, and such order, judgment or decree continues unstayed and in effect for any period of 90 consecutive days. 8.2 8.1.6 Pursuant to notifications by Kemper under Section 7.4 hereof, the City shall have made additional deposits into the Golf Resort Accounts to satisfy the daily working capital needs of the Golf Resort, which additional deposits in the aggregate exceed $500,000 during each Operating Year provided, however the foregoing right to terminate shall not apply in the event (i) all or part of the Golf Resort is closed for any reason, (ii) the occurrence of a Force Majeure Event as defined in Section 10.3, (iii) the Annual Plan agreed by the City contemplates a negative cash flow for the applicable Operating Year, or (iv) if the City has withdrawn any amounts from the Golf Resort Accounts including pursuant to its rights to do so under Section 7.4 above. The City's right to terminate this Agreement pursuant to this Section 8.1 shall be exercised upon written notice to Kemper given at any time. The City's termination notice shall specify the effective date of such termination, which may be effective immediately, but which date shall not be more than 30 days after the date of the City's termination notice. 8.3 Termination by Kemper. Kemper shall have the right to terminate this Agreement if the City fails to keep, observe, or perform any other material covenant, agreement, term or provision of this Agreement to be kept, observed or performed by the City, and such default continues for a period of 30 days after notice of such default by Kemper to the City. Kemper's right to terminate this Agreement pursuant to this Section 8.2 shall be exercised upon written notice to the City given at any time after the applicable grace period has expired. Kemper's termination notice shall specify the effective date of such termination, which date shall not be less than 90 days after the date of Kemper's termination notice. 8.4 Curing Defaults. Any default by Kemper or the City under the provisions of Section 8.1 or 8.2, as the case may be, which is susceptible of being cured shall not constitute a basis for termination of this Agreement if the nature of such default will not permit it to be cured within the grace period allotted; provided that within such grace period the alleged party in default shall have given notice of its intent to cure, has commenced to cure such default, and is proceeding to complete the cure in good faith and with reasonable diligence, and such cure is effected, in any event, within 90 days of the date of the notice of default. -27- 12812-0001\2046224v1.doc CONTRAT NO. C35730 8.5 Effect of Termination. The termination of this Agreement under the provisions of this Article VIII shall not affect the rights of the terminating party with respect to any damages it has suffered as a result of any breach of this Agreement, nor shall it affect the rights of either party with respect to any liability or claims accrued, or arising out of events occurring, prior to the date of termination. 8.6 Remedies Cumulative. Neither the right of termination, nor the right to sue for damages, nor any other remedy available to a party under this Agreement shall be exclusive of any other remedy given under this Agreement or now or hereafter existing at law or in equity. ARTICLE IX TITLE MATTERS; ASSIGNMENT 9.1 Ownership of Improvements and Personal Property. All improvements to the Golf Resort made during the term of this Agreement and all Furnishings and Equipment and Operating Inventory purchased by Kemper during the term of this Agreement shall be property owned by the City at such time as the improvements are made or the Furnishings and Equipment or Operating Inventory are purchased. 9.2 Assignments. The City may assign its rights and obligations hereunder to another governmental entity without Kemper's consent, and upon the effective date of such assignment and the assignee's assumption of the City's obligations hereunder, the City shall be released from any obligations hereunder accruing from and after the effective date of such assignment. Except for an assignment of this Agreement by the City to another nonprofit corporation or to a governmental entity, neither party shall assign this Agreement without the prior written consent of the other party, which consent may be granted or withheld in the sole and absolute discretion of the other party. It is understood and agreed that any consent granted by a party to any such assignment shall not be deemed a waiver of any consent required under this Section 9.2 as to any future assignment. Any assignment by either party of this Agreement in violation of the provisions of this Section 9.2 shall be null and void and shall result in the termination of this Agreement. In addition to any other remedies available to the parties, the provisions of this Section 9.2 shall be enforceable by injunctive proceeding or by suit for specific performance. 9.3 Successors and Assigns. Subject to the foregoing, this Agreement shall inure to the benefit of and be binding upon the parties and their respective heirs, legal representatives, successors and assigns. ARTICLE X DAMAGE OR DESTRUCTION; EMINENT DOMAIN; FORCE MAJEURE EVENTS 10.1 Damage or Destruction. Should the Golf Resort be destroyed or substantially damaged by fire, flood, acts of God, or other casualty, the City shall have the right to terminate this Agreement, by written notice to Kemper given within 60 days -28- 12812-0001\2046224v 1.doc CONTRAT NO. C35730 following the occurrence of such event, and in such event neither party shall have any further obligation to the other party under this Agreement, except with respect to liabilities accruing, or based upon events occurring, prior to the effective date of such termination. For the purpose of this Section 10.1, the Golf Resort shall be deemed to have been substantially damaged if the estimated length of time required to restore the Golf Resort, or any portions thereof, substantially to its condition and character just prior to the occurrence of such casualty shall be in excess of six months, as indicated by an architect's certificate or other evidence reasonably satisfactory to Kemper. If this Agreement is not terminated in the event of damage to the Golf Resort either because: (i) the damage does not amount to substantial damage as described above, or (ii) notwithstanding destruction of or substantial damage to the Golf Resort, the City elects to restore the Golf Resort, then the City shall proceed, at the City's own expense, with all due diligence to commence and complete restoration of the Golf Resort to its condition and character just prior to the occurrence of such casualty. If as a result of any damage or destruction to the Golf Resort as provided in this Section 10.1, the responsibilities of Kemper under this Agreement are substantially changed, then the parties shall meet and discuss in good faith appropriate modifications to this Agreement including the Management Fees. 10.2 Eminent Domain. If all of the Golf Resort (or such a substantial portion of the Golf Resort so to make it unfeasible, in the reasonable opinion of the City, to restore and continue to operate the remaining portion of the Golf Resort for the purposes contemplated in this Agreement) shall be taken through the exercise (or by agreement in lieu of the exercise) of the power of eminent domain, then upon the date that the City shall be required to surrender possession of the Golf Resort or of that substantial portion of the Golf Resort, this Agreement shall terminate and neither party shall have any further obligation to the other party under this Agreement except with respect to liabilities accruing, or based upon events occurring, prior to the effective date of such termination. If such taking of a portion of the Golf Resort shall not make it unfeasible, in the reasonable opinion of the City, to restore and continue to operate the remaining portion of the Golf Resort for the purposes contemplated in this Agreement, then this Agreement shall not terminate, and the City shall proceed, at the City's own expense, with all due diligence to alter or modify the Golf Resort so as to render it a complete architectural unit which can be operated as a golf resort of substantially the same type and character as before. If as a result of any alternation or modification of the Golf Resort as provided in this Section 10.2, the responsibilities of Kemper under this Agreement are substantially changed, than the parties shall meet and discuss in good faith appropriate modifications to this Agreement including the Management Fees. 10.3 Force Majeure Events. As used in this Agreement, the term "Force Majeure Event" means declared or undeclared war, sabotage, riot or acts of civil disobedience, acts or omissions of governmental agencies, accidents, fires, explosions, -29- 12812-0001\2046224v 1.doc CONTRAT NO. C35730 floods, earthquakes, or other acts of God, strikes, labor disputes, shortages of materials, or any other event not within the control of Kemper and not caused by the gross negligence or intentional wrongful conduct of Kemper. For purposes of this Agreement, any disruption of the operation of the Golf Resort caused by a Capital Improvement project shall also constitute a Force Majeure Event. If as a result of the occurrence of a Force Majeure Event, the responsibilities of Kemper under this Agreement are substantially changed, then the parties shall meet and discuss in good faith appropriate modifications to this Agreement including the Management Fees. ARTICLE XI GENERAL PROVISIONS 11.1 Purchases by Kemper. In connection with any purchases made by Kemper or an Affiliate of Kemper for the account of the City, or the City on behalf of the City, it is understood that Kemper or such Affiliate may perform services as a representative of the manufacturer to secure the benefits of lower costs, and that any resulting savings shall be passed on to the City, including representatives' fees. In addition, all trade discounts, rebates and refunds pertaining directly to purchases for the Golf Resort shall accrue to the benefit of the City. Any rebates earned for the benefit of the City due to Kemper's national agreements with major manufacturers for equipment and golf carts will be deposited into the Capital Reserve Account as referenced in Section 7.1.1 of this Agreement. 11.2 Purchases from Kemper Affiliates. If any purchases of goods or services for the Golf Resort are made from or through an Affiliate of Kemper, the charges to the Golf Resort for such goods or services shall be on the same terms as those made to other golf courses and country clubs operated by Kemper and such charges shall not exceed the market prices for such goods and services. Before consummating any such purchase of goods or services, Kemper shall (i) notify the City Manager in writing of the type of merchandise and services proposed to be purchased and the price and fees therefor, and (ii) obtain the prior written consent of the City Manager for the purchase of any such goods or services. 11.3 Indemnities. 11.3.1 Kemper's Indemnity. Kemper agrees to indemnify, defend (with counsel reasonably satisfactory to the City Manager), protect, and hold harmless the City, the Agency, and all City Personnel from and against any and all claims, demands, actions, lawsuits, proceedings, damages, liabilities, judgments, penalties, fines, attorneys' fees, costs, and expenses: (a) which result from any action taken by Kemper relating to the Golf Resort (i) that is expressly prohibited by this Agreement, or (ii) that is not within the scope of Kemper's duties under this Agreement, or (iii) that is not within Kemper's delegated authority under this Agreement; or -30- 12812-0001\2046224v 1.doc CONTRAT NO. C35730 (b) which result from any violations by Kemper or Kemper's agents, employees, invitees, contractors, subcontractors or assignees of any law, ordinance, rule or regulation governing or otherwise affecting the business operations of Kemper or Kemper's performance of services and obligations under this Agreement; or (c) which result from any injury or death of any person (including, without limitation, injury or death of Kemper's employees, agent, visitors, invitees, assignees, contractors or subcontractors within Kemper's control) or damage or destruction of the property of any person or entity which occurs by reason of the negligent actions or omissions or willful misconduct of Kemper or Kemper's agents, employees, invitees, contractors, subcontractors, or assignees, or material breach or default by Kemper or Kemper's agents, employees, invitees, contractors, subcontractors, or assignees, in performance of Kemper's services under this Agreement or otherwise caused by the negligent actions or omissions or willful misconduct of Kemper or Kemper's agents, employees, invitees, contractors, subcontractors, or assignees; or (d) which result from Kemper's material breach of the covenant contained in Section 3.11 of this Agreement; or (e) which result from any other act or omission not enumerated above constituting the negligence or willful misconduct by Kemper or any officer, director, or employee of Kemper. (f) for any costs, fees, fines or losses that may result from environmental contamination or natural resource damage on the subject property if caused by Kemper's performance in storing, using or disposing of hazardous or toxic substances or materials or wastes such as, but not limited to, herbicides, pesticides, algicides or other water treatment chemicals This indemnity provision shall survive the expiration or termination of this Agreement. Kemper hereby stipulates and agrees that no condition precedent to its indemnification obligations stated herein, whether by way of notice or otherwise, exists or shall constitute a defense to its obligation to defend, indemnify and hold harmless the Agency and the City, and the City Personnel in any of such circumstances. 11.3.2 City's Indemnity. The City agrees to indemnify, defend (with counsel reasonably satisfactory to Kemper), protect, and hold harmless Kemper and its owners, officers, directors, and employees from and against any and all claims, demands, actions, lawsuits, proceedings, damages, liabilities, judgments, penalties, fines, attorneys' fees, costs, and expenses arising from (i) any act or omission to the extent caused by the negligence or willful misconduct by the City or any officer, director, employee, or agent of the City, (ii) the ownership, leasing, organization, development or construction of the Golf Course, (iii) any environmental contamination conditions that are the result of the presence of hazardous or toxic substances or materials or wastes that were pre-existing before the original agreement between Kemper and the City first executed, and which may be uncovered or discovered during or after the term of this -31- 12812-0001\2046224v 1.doc CONTRAT NO.C35730 Agreement, or if present on the Golf Resort by any cause other than Kemper's performance in storing, using or disposing of hazardous or toxic substances or materials or wastes, such as, but not limited to, herbicides, pesticides, algicides or other water treatment chemicals or (iv) claims by third-parties against Kemper arising from any other actions or omissions of the City, the Agency, the City Personnel or others for whom any of them are responsible but only if such claim or claims also neither arise from, nor are caused in whole or in any part by, the wrongful or negligent act, error or omission of Kemper, any officer, director, or employee of Kemper or others for whom any of them are responsible. 11.4 Bonds. In connection with the Agency's issuance or refunding of any bonds or certificates of participation, Kemper shall have the right to approve, which approval shall not be unreasonably withheld, any description of Kemper or any description of this Agreement or of the City's relationship with Kemper under this Agreement, which description is contained in any prospectus or similar materials delivered in connection with such bonds or certificates of participation. The City agrees to furnish to Kemper copies of all such materials for such purpose not less than 20 days prior to the delivery of such materials to the public. 11.5 Golf Course Names. The Golf Resort shall be known by such trade name and/or trademark or logo as may from time to time be determined by the City. The parties acknowledge and understand that the names, logos, and designs used in the operation of the Golf Resort, together with appurtenant goodwill, are the exclusive property of the City. Kemper may identify the Golf Resort as a golf resort managed and operated by Kemper. 11.6 Notices. All notices, demands, requests, consents, approvals, replies and other communications ("Notices") required or permitted by this Agreement shall be in writing and may be delivered by any one of the following methods: (a) by personal delivery; (b) by deposit with the United States Postal Service, postage prepaid to the addresses stated below or (c) by deposit with an overnight express delivery service. Notice deposited with the United States Postal Service in the manner described above shall be deemed effective three business days after deposit with the Postal Service. Notice by overnight express delivery service shall be deemed effective upon receipt. Notice by personal delivery shall be deemed effective at the time of personal delivery. For purposes of Notices hereunder, the address of the City shall be: City of Palm Desert 73-510 Fred Waring Drive Palm Desert, California 92260 Attention: City Manager -32- 12812-000I\2046224v 1.doc CONTRAT NO. C35730 For purposes of Notices hereunder, the address of Kemper shall be: Kemper Sports Management, Inc. 500 Skokie Boulevard Suite 444 Northbrook, Illinois Attention: CEO Each party shall have the right to designate a different address within the United States of America by the giving of notice in conformity with this Section 11.6. 11.7 Independent Contractor. Kemper shall at all times be considered an independent contractor under this Agreement. Nothing contained in this Agreement shall be construed to be or create a partnership or joint venture between the City and its successors and assigns, on the one part, and Kemper and its successors and assigns, on the other part. 11.8 Modification and Changes. This Agreement may be amended or modified only by a writing signed by both parties. 11.9 Understandings and Agreements. This Agreement constitutes all of the understandings and agreements of whatever nature or kind existing between the parties with respect to Kemper's management and operation of the Golf Resort, and this Agreement supersedes all prior understandings and Agreements, whether written or oral, between the City and Kemper pertaining to the management and operation of the Golf Resort. 11.10 Headings. The Article, Section and Subsection headings contained in this Agreement are for convenience and reference only and are not intended to define, limit or describe the scope or intent of any provision of this Agreement. 11.11 Survival of Covenants. Any covenant, term or provision of this Agreement which in order to be effective must survive the termination of this Agreement shall survive any such termination. 11.12 Third Parties. None of the obligations under this Agreement of either party shall run to or be enforceable by any party other than the party to this Agreement or by a party deriving rights under this Agreement as a result of an assignment permitted pursuant to the terms of this Agreement. 11.13 Waivers. No failure by Kemper or the City to insist upon the strict performance of any covenant, agreement, term of condition of this Agreement or to exercise any right or remedy consequent upon the breach of this Agreement shall constitute a waiver of any such breach or any subsequent breach of the same covenant, agreement, term or condition. No covenant, agreement, term or condition of this Agreement and no breach of this Agreement shall be waived, altered or modified except by a written instrument. A waiver of any breach of this Agreement shall only affect this -33- 12812-0001\2046224v 1.doc CONTRAT NO. C35730 Agreement to the extent of the specific waiver, and all covenants, agreements, terms and conditions of this Agreement shall continue in full force and effect. 11.14 Applicable Law. This Agreement shall be construed and interpreted in accordance with, and shall be governed by, the laws of the State of California. The parties agree that the Superior Court of the State of California, County of Riverside shall have jurisdiction of any litigation between the parties relating to this Agreement. 11.15 No Presumption Regarding Drafter. The City and Kemper acknowledge and agree that the terms and provisions of this Agreement have been negotiated and discussed between the City and Kemper, and that this Agreement reflects their mutual agreement regarding the subject matter of this Agreement. Because of the nature of such negotiations and discussions, it would be inappropriate to deem either the City or Kemper to be the drafter of this Agreement, and therefore no presumption for or against the drafter shall be applicable in interpreting or enforcing this Agreement. 11.16 Enforceability of Any Provision. If any term, condition, covenant, or obligation of this Agreement shall be determined to be unenforceable, invalid, or void, such determination shall not affect, impair, invalidate, or render unenforceable any other term, condition, covenant, or obligation of this Agreement. 11.17 United States Currency. All amounts payable pursuant to this Agreement shall be paid in lawful money of the United States of America. 11.18 Counterparts. This Agreement and any amendment may be executed in counterparts, and upon all counterparts being so executed each such counterpart shall be considered as an original of this Agreement or any amendment and all counterparts shall be considered together as one agreement. 11.19 Attorneys' Fees. In the event of a dispute involving the non-performance by a party hereto of its obligations under this Agreement, the prevailing party shall be entitled to reasonable attorneys' fees and all other expenses (including fees and costs related to discovery) reasonably incurred in connection with such dispute, whether or not litigation is commenced, in addition to all other relief to which the party is entitled. If the successful party recovers judgment in any legal action or proceeding, the attorneys' fees and all other expenses of litigation shall be included in and made a part of any such judgment. 11.20 Easements. Kemper shall recognize all easements of record affecting the Golf Resort. 11.21 Publicity. Any commercial advertisements, press releases, articles, or other media information using the City's or the Agency's name shall be subject to the prior approval of the Agency or the City (as the case may be), which approval shall not be unreasonably withheld. 11.22 Covenants Against Discrimination. Kemper agrees that in connection with its performance under this Agreement, there shall be no discrimination by Kemper -34- 12812-000I\2046224v I.doc CONTRAT NO. C35730 against any person on account of race, color, creed, religion, sex, marital status, national origin or ancestry. Kemper agrees to include a provision similar to this Section 11.22 in all subcontracts entered into by Kemper in connection with work being performed under this Agreement. 11.23 Time of the Essence. Time is of the essence of this Agreement. The parties understand that the time for performance of each obligation has been the subject of negotiation by the parties. 11.24 Authority. The parties represent for themselves that (a) such party is duly organized and validly existing, (b) the person or persons executing this Agreement on behalf of such party is/are duly authorized to execute and deliver this Agreement on behalf of such party, (c) by so executing this Agreement, such party is formally bound to the terms and provisions of this Agreement, and (d) the execution of this Agreement does not violate any provision of any other agreement to which such party is bound. 11.25 Possessory Interest. Pursuant to California Revenue and Taxation Code Section 107.6, the City hereby informs Kemper that this Agreement may create a possessory interest subject to property taxation, and in such event Kemper may be subject to the payment of property taxes levied on such interest. The parties agree that in the event possessory interest property taxes are levied against Kemper in connection with this Agreement, such taxes shall be considered a Golf Resort Expense and shall be paid from the Golf Course Accounts. 11.26 Conflict of Interest. The parties hereto hereby covenant that during the term of this Agreement they will not employ any person to administer any portion of this Agreement that has an interest, direct or indirect, which would conflict in any manner or degree with the performance of services required under this Agreement. 11.27 Supercede and Replace. This Agreement supercedes and replaces any and all agreements regarding the management, operation and maintenance of the Golf Resort by Kemper. ARTICLE XII CLUBHOUSE RESTAURANT 12.1 Restaurant Operations. 12.1.1 The City hereby assigns to PDRFC, and PDRFC hereby assumes, all rights and obligations of the City set forth herein, to the extent applicable to the restaurant at the clubhouse. 12.1.2 The parties agree that the Lease Agreement shall have no effect on Kemper's management obligations or rights set forth in this Agreement, except as herein specified to the contrary. To that end, Kemper shall continue to have the obligation to manage and operate the restaurant as provided, inter alia, in Sections 3.5.1 and 3.5.16 hereof. -35- 12812-0001\2046224v 1.doc CONTRAT NO.C35730 12.1.3 Notwithstanding the foregoing, the parties agree that PDRFC shall obtain the license to sell alcoholic beverages from the restaurant, and Kemper shall assist PDRFC in receiving such license. 12.1.4 Kemper agrees to attorn to PDRFC with respect to performance of the management, operation and maintenance obligations with respect to the restaurant. The City Manager shall have oversight responsibilities over the restaurant as with the oversight responsibilities over management, operation and maintenance of the other portions of the Golf Resort. 12.1.5 Pursuant to the PDRFC's Articles of Incorporation, and a resolution of the PDRFC, all income from the restaurant is payable to the City, and Kemper may aggregate the cash held by and amounts payable to PDRFC together with other amounts payable to the City, on the same terms as are provided in this Agreement. -36- 12812-0001\2046224v 1.doc CONTRAT NO.C35730 IN WITNESS WHEREOF, the parties have executed or caused this Agreement to be executed as of the day and year first written above. CITY: KEMPER: CITY OF PALM DESERT KEMPER SPORTS MANAGEMENT, INC. By: By: Mayor Its: ATTEST: By: City Clerk Its: PDRFC: PALM DESERT RECREATIONAL FACILITIES CORPORATION By: Its: By: Its: -37- 12812-0001\2046224v1_doc CONTRAT NO. C35730 State of California ) County of Riverside ) On , before me, (insert name and title of the officer) Notary Public, personally appeared who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature (Seal) State of California ) County of Riverside ) On , before me, (insert name and title of the officer) Notary Public, personally appeared who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature (Seal) -38- 12812-0001\2046224v 1.doc