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2018-293A
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2018-293A
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Last modified
1/4/2021 3:18:03 PM
Creation date
1/11/2019 9:40:19 AM
Metadata
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Template:
Official Documents
Official Document Type
Lease
Approved Date
12/18/2018
Control Number
2018-293A
Agenda Item Number
11.A.
Entity Name
Verotown, LLC
Subject
Amended and Restated Facility Lease Agreement
MLB will purchase membership interest
Recorded BK 3175, PG. 1082
Area
Historic Dodgertown
Alternate Name
Major League Baseball
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remediation, cleanup or restoration required as a result of (i) any Hazardous Materials <br />introduced by Verotown on the Facility after the Effective Date and during the Initial <br />Term and any Renewal Term, and (ii) any Hazardous Materials existing on the Facility as <br />of the Effective Date that are known or become known to Verotown and negligently or <br />intentionally released by Verotown. In the event that any Hazardous Materials are <br />discovered on the Facility after the Effective Date, the discovering party shall promptly <br />provide written notification to the other party of the Hazardous Materials and their <br />location. <br />(n) If Verotown pays the rent and complies with all other terms of this <br />Agreement, Verotown may occupy and enjoy the premises of the Facility for the full <br />Term and any renewals thereof, subject to the provisions of this Agreement. <br />ARTICLE V <br />OPERATIONAL COVENANT <br />Section 5.01. Verotown Activities. Except if Verotown is prevented from doing so by <br />any of the events described in Article XV, below, Verotown shall, each Lease Year during the <br />Initial Term and any Renewal Term, use the Facility for the promotion of baseball and related <br />activities, including, but not limited to, baseball, athletic, and non -athletic conference operations, <br />training of umpires, and promoting the playing of baseball internationally. Except for periods of <br />time where events are not normally scheduled, periods of active maintenance or renovations to <br />the Facility and any casualty or Force Majeure Event (as hereinafter defined), Verotown shall <br />maintain, operate and hold the Facility open for business during ordinary and customary business <br />hours throughout the Term in accordance with the terms and provisions of this Agreement. <br />Section 5.02. Rules and Regulations. Verotown shall comply with all applicable laws, <br />ordinances, rules and regulations, including, but not limited to, the rules, regulations, directives, <br />orders, bulletins, or agreements of the County. <br />Section 5.03. Spring Training and Other Major League Baseball Activities. Verotown <br />acknowledges the community's desire to host, and agrees to promote the use of the Facility for, <br />MLB spring training activities and game events. Verotown agrees to negotiate with any Major <br />League Club expressing an interest in conducting spring training activities or game events at the <br />Facility and will use its best efforts to enter into a user agreement on such terms and conditions <br />as Verotown deems commercially reasonable or feasible; provided, however, that the failure to <br />do so shall not be considered a Default by Verotown hereunder. Any such use by a Major League <br />Club requires prompt review and approval by the County Administrator, which will not be <br />unreasonably withheld, unreasonably conditioned or unreasonably delayed. In the event such <br />approval is not timely forthcoming or otherwise withheld, Verotown may seek approval from the <br />County Commission. <br />ARTICLE VI <br />COUNTY'S USE OF THE FACILITY; PARKING AGREEMENT <br />13 <br />
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