8-K 1 d8k.htm FORM 8-K FORM 8-K

 

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): October 8, 2003

 

AVALON HOLDINGS CORPORATION

(Exact Name of Registrant as Specified in its Charter)

 

 

Ohio    1-14105    34-1863889

(State or Other Jurisdiction

of Incorporation)

  

(Commission File

Number)

  

(IRS Employer

Identification No.)

 

 

One American Way, Warren, Ohio 44484

(Address of Principal Executive Offices) (Zip Code)

 

 

Registrant’s telephone number, including area code: (330) 856-8800

 

 

 

(Former name and address, if changed since last report)

 

There are no exhibits

 

 


AVALON HOLDINGS CORPORATION

 

Cross Reference Sheet showing location in Current Report of Information Required Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

 

    

Current Report Item


   Caption in Current Report

Item 1.

   Changes in Control of Registrant    Not Applicable

Item 2.

   Acquisition or Disposition of Assets    Not Applicable

Item 3.

   Bankruptcy or Receivership    Not Applicable

Item 4.

   Changes in Registrant’s Certifying Accountant    Not Applicable

Item 5.

   Other Events   

Agreement with Squaw

Creek Country Club

Item 6.

   Resignations of Registrant’s Directors    Not Applicable

Item 7.

   Financial Statements and Exhibits    Not Applicable

Item 8.

   Change in Fiscal Year    Not Applicable

 

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ITEM 5, Other Events

 

On October 7, 2003 a wholly owned subsidiary of Avalon Holdings Corporation (“Avalon”) entered into a long-term agreement with Squaw Creek Country Club to lease and operate its golf course and related facilities located in Vienna, Ohio. The lease has a commencement date of November 1, 2003 and an initial term of ten (10) years with four (4) consecutive ten (10) year renewal term options unilaterally exercisable by Avalon. Under the lease, Avalon is obligated to pay $15,000 in annual rent and make leasehold improvements to the Squaw Creek golf course and facilities of at least $150,000 per year. Amounts expended by Avalon for improvements during a given year in excess of $150,000 will be carried forward and applied to future obligations. Avalon is obligated to commence construction of certain initial leasehold improvements to the Squaw Creek facilities as soon as reasonably possible. Such improvements are currently estimated to cost between $2 million and $3 million.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

AVALON HOLDINGS CORPORATION

                        (Registrant)

By:

 

/s/    TIMOTHY C. COXSON        


   

Timothy C. Coxson

Chief Financial Officer and Treasurer

DATED: October 8, 2003

 

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