Paintsville Lake Marina RFP - EXHIBIT C - USACE Prime Lease Agreement #DACW69-1-84-0144.pdf

This document is the USACE Prime Lease Agreement #DACW69-1-84-0144 referenced in the Paintsville Lake Marina RFP. It is an agreement between the United States Army Corps of Engineers (USACE) and the Commonwealth of Kentucky for the operation and management of the Paintsville Lake Marina.

The agreement grants the Commonwealth of Kentucky the lease to operate and maintain the Paintsville Lake Marina facility located on Paintsville Lake for a term of 25 years, with two 25-year renewal options. The agreement outlines the responsibilities of the Commonwealth in operating the marina, including providing public access, maintaining the facilities, and collecting user fees. It also details the payment structure, with the Commonwealth providing the USACE with a percentage of the gross revenues generated from the marina operations.