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0719RESOLUTION NO. 719 (#14 - 2014) A RESOLUTION GRANTING AUTHORITY AND EXPRESSING APPRECIATION AND SUPPORT FOR THE FIRST AMENDMENT TO THE AGREEMENT BETWEEN THE CITY AND ARKANSAS STATE GAME & FISH FOUNDATION; AND, FOR OTHER PURPOSES. WHEREAS, citizens of Jacksonville have witnessed the success of the AGFF Shooting Sports Complex opened by the City in January, 2014, where thousands of youth and adult shooting sport enthusiasts have already participated in tournaments and other shooting events, benefiting all in our community; and, WHEREAS, the AGFF, in their dedication to substantially contribute to the construction costs of the Complex, have agreed to provide their FULL remaining funding commitment to the City now so as to enhance the City's financial position and increase opportunities to reach even more young people and adults with expansion of the Range Complex facilities. Because of that modification and funding commitment satisfaction, it is required to amend the parties' March 28, 2013 Agreement, and the City Council is required to provide Mayor Fletcher and City Clerk Davitt authority to execute said Amendment. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JACKSONVILLE, ARKANSAS, THAT: SECTION ONE: The City Council expresses its appreciation to the AGFF and support for the modification of the parties' Agreement regarding AGFF's funding commitment for the Shooting Range Complex. Authority is hereby granted to Mayor Fletcher and City Clerk Davitt to execute a First Amendment to the Agreement, as drafted and approved by the City Attorney, to pledge that all funds received by the City from AGFF will be committed directly to the debt obligation for the Shooting Range through BanCorp South. As well, a commitment of hours of operation and future development in 2015 and 2016 of the Complex shall include Phase One of a Recreational Vehicle Campground and an Archery Range. SECTION TWO: Any and all other Resolutions in conflict herewith are hereby repealed to the extent of said conflict. This Resolution shall be in effect from and after its date of passage. if -, RESOLUTION NO. 719 (#14-2014) Page Two APPROVED AND ADOPTED THIS IID �4 DAY OF OCTOBER, 2014. SUSAN DAVITI\CITY CLERK ROBERT, E. BAMPURG, CIjY A7rORNEY