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2011-265
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2011-265
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Last modified
2/19/2016 10:36:12 AM
Creation date
10/1/2015 3:45:23 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Second Amendment
Approved Date
12/20/2011
Control Number
2011-265
Agenda Item Number
4.A
Entity Name
Minor League Baseball VeroTown, LLC
Subject
Facility Lease Agreement second amendment
Supplemental fields
SmeadsoftID
10752
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Prepared by, record and return to : THIS DOCUMENT HAS BEEN <br /> � . RECORDED IN THE PUBLIC RECORDS <br /> Office of the County Attorney OF INDIAN RIVER C (_)UNTY Fl _ <br /> 1801 27`1' St . , Vero Beach, FL 32960 BK : 2547 PG : 1289 , paged 3t5 <br /> Telephone : 772 . 226 . 1424 01 '09/2012 J1 10 : 57 AM . <br /> JEFFREY K BARON , CLERK OF <br /> COURT <br /> SECOND AMENDMENT TO FACILITY LEASE AGREEMENT <br /> THIS SECOND AMENDMENT TO FACILITY LEASE AGREEMENT (" Second <br /> Amendment") is made and entered into as of the 1 st day of January 2012 , to that certain Facility <br /> Lease Agreement by and between Indian River County, a political subdivision of the State of <br /> Florida ("County") and MiLB Vero Beach , LLC , a Florida limited liability company (" MiLB ") <br /> dated as of May 1 , 2009 ( "Facility Lease Agreement") , as amended by that certain First <br /> Amendment to Facility Lease Agreement, dated as of June 1 , 2011 ( "First Amendment") (the <br /> Facility Lease Agreement , First Amendment and this Second Amendment are collectively <br /> "Amended Facility Lease Agreement") . This Second Amendment is entered into by and among <br /> County, MiLB , Verotown , LLC , a Delaware limited liability company authorized to do business <br /> I <br /> n the State of Florida ( " Verotown") , and National Association of Professional Baseball Leagues, <br /> Inc . , a Florida non-profit corporation ( "NAPBL") , <br /> WHEREAS , on or about May 1 , 2009 , County and MiLB entered into the Facility Lease <br /> Agreement whereby County leased to MiLB the Land , the Facility and the FF &E , and <br /> transferred to MiLB the exclusive right and obligation to use, manage , operate and maintain the <br /> Facility for the term set forth therein ; and <br /> WHEREAS , on or about June 1 , 2011 , County and MiLB entered into the First <br /> Amendment addressing a land swap with the City of Vero Beach and certain improvements to <br /> the Facility ; and <br /> WHEREAS , MiLB wishes to assign the Amended Facility Lease Agreement to <br /> Verotown , and County and NAPBL are amenable to such assignment; and <br /> WHEREAS , County, MiLB and Verotown wish to make minor amendments to the <br /> Amended Facility Lease Agreement, as set forth herein , <br /> NOW THEREFORE , in consideration of the mutual undertakings herein and other good <br /> and valuable consideration , the receipt and adequacy of which is hereby acknowledged , the <br /> parties agree, as follows : <br /> 1 . Recitals . The above recitals are true and correct and are incorporated herein . <br /> C `.Uncuniciiis and SciI ii ie ;ni woacrs,Locul SCI lings 'FaIiporerr h]ICTI]C1 FiIcs\OLK772nd Amend - Fdrilily Lcase Agnnl 4 (dale edil l (2).docx <br /> Page 1 Of 5 <br />
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