The City of Weatherford owns the real property which includes our municipal golf course.  The City leases the golf course to a not-for-profit entity (Golf Association) to manage.  I am seeking examples of contracts entered into between cities and organizations, such as our Golf Association, where the intent is to provide recreational opportunities for the benefit of the City and financial assistance to the recreational provider.

        In the past, the City has entered into a lease purchase agreement involving the purchase of new golf carts.  The City purchases the golf carts using the City's sales tax exemption and the Golf Association enters into a lease purchase agreement, facilitated by a local bank, whereby the "loan" is repaid over a period of time from the operating funds of the golf course.

        On other occasions, purchases needed by the golf course such as a new pickup, new grounds keeping equipment, or other capital improvements used at the club house are "needs" that the golf course authority would like to purchase through the City, taking advantage of the City's sales tax exclusion, structured in a way that would not run afoul of the limitations on public funding.  In short, the City and the Golf Association would like to avoid sales taxes on expensive equipment and/or take advantage of lower interest rates pursuant to municipal lease programs.  Has anyone seen or drafted a contract that would appropriately address these issues?

The City of Weatherford owns the real property which includes our municipal golf course. The City leases the golf course to a not-for-profit entity (Golf Association) to manage. I am seeking examples of contracts entered into between cities and organizations, such as our Golf Association, where the intent is to provide recreational opportunities for the benefit of the City and financial assistance to the recreational provider. In the past, the City has entered into a lease purchase agreement involving the purchase of new golf carts. The City purchases the golf carts using the City's sales tax exemption and the Golf Association enters into a lease purchase agreement, facilitated by a local bank, whereby the "loan" is repaid over a period of time from the operating funds of the golf course. On other occasions, purchases needed by the golf course such as a new pickup, new grounds keeping equipment, or other capital improvements used at the club house are "needs" that the golf course authority would like to purchase through the City, taking advantage of the City's sales tax exclusion, structured in a way that would not run afoul of the limitations on public funding. In short, the City and the Golf Association would like to avoid sales taxes on expensive equipment and/or take advantage of lower interest rates pursuant to municipal lease programs. Has anyone seen or drafted a contract that would appropriately address these issues? Yours very truly, David D. Duncan OBA# 2525 Attorney at Law P.O. Box 1648 Weatherford, OK 73096 (580)772-3207 davidduncan@davidduncan.law<mailto:davidduncan@davidduncan.law>