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CSD.06 <br />07 <br />PREPARED BY: <br />Santiago Fernandez, Esq. <br />Senior Vice President & General Counsel <br />Los Angeles Dodgers LLC <br />1000 Elysian Park Avenue <br />Los Angeles, California 90012 <br />Eric D. Rapkin, Esq. <br />Akerman Senterfitt <br />350 East Las Olas Boulevard, Suite 1600 <br />Ft. Lauderdale, Florida 33301 <br />RESERVED FOR USE BY <br />CLERK OF CIRCUIT COURT <br />1704661 <br />THIS DOCUMENT NAS BEEN RECORDED <br />IN THE PUBLIC RECORDS OF <br />INDIAN RIM COUNTY FL <br />BK: 1961 PG:1004, Pagel of 21 <br />11/1712006 at 04:28 PM, <br />JEFFREY K BARTok CLERK OF <br />COURT <br />PARKING PROPERTY LEASE AGREEMENT <br />This PARKING PROPERTY LEASE AGREEMENT (the "Agreement") is entered into <br />as of November 1j 2005, by and between LOS ANGELES DODGERS LLC, a Delaware <br />limited liability company ("Dodgers"), and the CITY OF VERO BEACH, a municipal <br />corporation of the State of Florida (the "City"). <br />RECITALS <br />A. WHEREAS, Indian River County, Florida, a political subdivision of the State of <br />Florida (the "County") owns the land and the baseball spring training facility and other <br />improvements located at 4001 26th Street, Vero Beach, Florida 32960, and known generally as <br />"Dodgertown" (the "Facility'; and <br />B. WHEREAS, Dodgers (as successor -in -interest to Los Angeles Dodgers, Inc., a <br />Delaware corporation) operate the Facility pursuant to the Facility Lease Agreement entered into <br />by and between Dodgers and the County as of September 1, 2000, recorded in Official Records <br />Book 1426, Page 0567, of the Public Records of Indian River County, Florida, as amended by <br />the First Amendment to Facility Lease Agreement, dated as of June 24, 2004, recorded in <br />Official Records Book 1758, Page 0529, of the Public Records of Indian River County, Florida, <br />and by the Second Amendment to Facility Lease Agreement, dated on or about the date hereof, <br />and which has been recorded in the Public Records of Indian River County, Florida prior to the <br />recording of this Agreement (together, the "Facility Lease Agreement"); and <br />C. WHEREAS, the City desires to lease from Dodgers, and Dodgers desire to lease <br />to the City, the Parking Property, as defined in the Facility Lease Agreement, comprised of <br />approximately 9.1297 acres used by Dodgers to provide public parking for spring training home <br />games and other events held at the Facility, in accordance with the terms and conditions set forth <br />in this Agreement <br />Page'1 of 21 <br />