title
Ratification of a Concession Agreement Between CF Lake Park Arcis LLC. and the City of Lewisville.
request
ADMINISTRATIVE COMMENTS:
In November 2024, the United States Army Corps of Engineers (USACE) executed Lease No. DACW63-1-24-0613 for Park and Recreational Areas on Lewisville Lake with the City of Lewisville to replace Lease No. DACW63-1-00-0820 upon expiration on April 14, 2025. CF Lake Park Arcis (Arcis) operated the Lake Park Golf Course via a concession agreement under the former lease. The proposed concession agreement provides for Arcis’ continued operation of the golf course under the new lease with updated requirements for rent, fee schedules, annual reporting, responsibilities for implementing the Lake Park Master Plan and capital improvements throughout the term of the agreement.
RECOMMENDATION:
That the City Council approve the ratification of the agreement as set forth in the caption above.