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Commissioners review lease addendum to add racetrack tenant for insurer; described as housekeeping
Summary
County staff presented an addendum to the county racetrack lease to add a tenant name required by the insurance carrier. The addendum would name the current insurance holder and make that party jointly liable; commissioners described the change as housekeeping and no formal vote was taken.
Justin presented an addendum intended to add a named tenant to the county racetrack lease to satisfy the facility’s insurance carrier. Staff said the insurance presently lists B and B Investments, BST Promotions and BST Racing (Fairgrounds Speedway) as the insured parties, but the lease did not include that specific tenant language, and the carrier requested the change.
Staff described the addendum as adding a tenant who would be responsible and liable under the lease; the insurance carrier has signed the addendum. County staff suggested the change was primarily a formality to align the lease with the insurer’s requirements. Commissioners characterized the item as housekeeping and did not raise substantive objections.
No formal approval or vote occurred at the workshop; staff indicated the finalized addendum will be processed through standard contract and legal review as needed.
Ending: Staff will route the addendum for legal review and finalize paperwork; the commission did not take final action during the workshop.
