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Assistant County Administrator Michael Zito recalled that on August 17, 2010, the Board conceptually approved holding the annual Mardy's Tennis & Jake's Music Fest charity concert at Vero Beach Sports Village (F/K/A Dodgertown), and asked staff to return with the Holman Stadium Use Agreement. He explained that the event organizers are in the process of forming a new 501(c)(3) corporation and are now able to execute the contract as the Jake Owen Foundation. He added that the Foundation has requested reduction of the security deposit from $10,000 to $5,000. Attorney Polackwich discussed the status of the Jake Owen Foundation's 501(c)(3) status, and suggested that the first paragraph on page 1 of the Indian River County Holman Stadium Use Agreement be amended from "....Jake Owen Foundation, a 501(c)(3) corporation, in formation..." to "....Jake Owen Foundation, a 501(c)(3) corporation, application pending..." Chairman O'Bryan directed staff to return with a final version of the Holman Stadium Use Agreement with the Jake Owen. Foundation. Michelle L. Cope, Event Director, C & II Events, Inc., reported that there would be a Kids' Tennis Clinic on December 10, 2010, to be followed by the Jake Owen Concert, with a rain date of December 11, 2010, and the Luncheon and Tennis Exhibition hosted by Mardi Fish would be on December 11, 2010. She described how proceeds from the events would be utilized by the Mardy Fish Foundation to support youth organizations in the County. • ON MOTION by Commissioner Davis, SECONDED by Commissioner Flescher, the Board unanimously approved the Holman Stadium Use Agreement with the Jake Owen Foundation for the annual "Mardy's Tennis & Jake's Music Fest" charity concert at the Vero Beach Sports Village (F/K/A Dodgertown), including the deposit reduction, with an extension of time not to exceed 30 days 18 October 12, 2010