First amendment to the management agreement with TKG Golf…
City of Tega CaySouth Carolina- Detected
- Aug 18, 2026
- 76 days ago
- Sector
- Recreation & Community Services
- Est. value
- Free account
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THE 30-SECOND BRIEF
First amendment to the management agreement with TKG Golf Management LLC, including defined terms for facilities, removal of arbitration clauses, clarification of operator services, and an increase in management fees due to additional duties related to the new pro shop and snack shop.
The amendment defines facilities, removes a strange termination sentence, removes an arbitration clause to resolve conflicting provisions, clarifies operator services, and adds a new section for limited food and beverage services (prepackaged food, sandwich items, hot dogs, alcoholic/non-alcoholic beverages) during golf course business hours. The management fee increased from $5,500/month to $7,500/month ($66,000 to $90,000 annually). The incentive fee structure remains the same but the calculation period was adjusted to align with the new fiscal year (July 1 to June 30).
From the meeting
- Source
- Council Meeting 08 17 2026
- Meeting date
- August 18, 2026
- Agency
- City of Tega Cay
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