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Historical recordHabersham Countyarchived · approved

Habersham commissioners condition Reign Elite gym sublease on owner's personal guaranty

The county board approved subleasing its Clarkesville gymnastics space to Reign Elite only after requiring owner Neva Daniels-Trudel to personally guarantee the lease obligations.

By NEGA Brief Newsroom

At a glance

What this means now

Where it stands

The guaranty presented in the meeting packet states that if the agreement has to be enforced or collected against the guarantor through an attorney, the guarantor will pay 15 percent of the amount collected.

The story

The Habersham County Board of Commissioners' February 17, 2025 agenda included a proposal to approve an asset purchase agreement for the county's gymnastics program, covering the sale of equipment and a sublease of county-leased space at 583 Grant Street in Clarkesville to Reign Elite Clarkesville, LLC.

SourcesMeeting4827_0 Agenda for 02.17.25 BOC Meeting.pdf19 Executive SummaryParks&Recreation GYMNASTICS ASSET PURCHASE AND SUBLEASE

The board voted 4-1 to approve the sale of the remaining gymnastics equipment for $50,000 and to limit the county's $500-per-month payment to Reign for use of their facilities to a term ending June 30, 2025.

SourcesMeeting4827_11 Minutes for 02.17.25 BOC Regular Meeting.pdfMinutes for 02.17.25 BOC Regular Meeting

The board also voted 4-1 to approve the sublease to Reign, effective immediately, subject to all stipulations and to Daniels-Trudel signing a personal guaranty agreement.

SourcesMinutes for 02.17.25 BOC Regular MeetingMeeting4827_11 Minutes for 02.17.25 BOC Regular Meeting.pdf

The guaranty presented in the meeting packet states that if the agreement has to be enforced or collected against the guarantor through an attorney, the guarantor will pay 15 percent of the amount collected.

Sources19 Executive SummaryParks&Recreation GYMNASTICS ASSET PURCHASE AND SUBLEASE

What happened

How this issue got here

Open any step for its supporting record. A proposal remains labeled as proposed until later evidence establishes an outcome.

Approved
confirmed

Asset purchase agreement for sale of gymnastics equipment to Reign Elite

approve the sale agreement for the remaining viable gymnastics equipment for $50,000 and limit the $500/month payment to Reign

Approved
confirmed

Sublease of the gymnastics facility to Reign Elite

to approve the sublease to Reign effective immediately subject to all stipulations and her signing a personal guaranty agreement.

Appeared on agenda
proposed

Personal guaranty by Neva Daniels-Trudel backing the Reign Elite Clarkesville sublease obligations

Guarantor covenants and agrees that, if this Guaranty Agreement is enforced or collected against Guarantor by or through an attorney, Guarantor will pay fifteen percent (15%) of the amount so collected

Appeared on agenda
proposed

Asset purchase agreement for gymnastics program

Consider/Approve Asset Purchase Agreement for Gymnastics Program

Appeared on agenda
proposed

Sublease of county-leased space at 583 Grant Street, Clarkesville to Reign Elite Clarkesville, LLC for a gymnastics facility

Whereas, Sublessor is the lessee of certain office space at 583 Grant Street, Clarkesville, GA; and Whereas, the parties have agreed to sublease all of said space to Sublessee

Approved
confirmed

Sublease of gymnastics facility to Reign

approve the sublease to Reign effective immediately subject to all stipulations and her signing a personal guaranty agreement

Approved
confirmed

Sale of remaining gymnastics equipment and asset purchase agreement for the gymnastics program

to approve the sale agreement for the remaining viable gymnastics equipment for $50,000 and limit the $500/month payment to Reign for the use of their facilities to a term ending June 30, 2025.

Appeared on agenda
proposed

Asset Purchase Agreement and Sublease of Gymnastics Facility/Equipment to Reign Elite Clarkesville LLC / Neva Daniels

request approval of the Asset Purchase Agreement and Sublease of the current Gymnastics Program and Facility to Reign Elite Clarkesville LLC / Neva Daniels

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