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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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Section 6.01. Right of Entry. During the Term, the County has the right to enter into and <br />upon any and all parts of the Facility for the purpose of examining the same with respect to the <br />obligations of the parties under this Agreement upon two (2) days prior written notice to <br />Verotown (or without prior notice in the event of a "life safety issue" as defined in Section <br />4.060), above, but with immediate notice thereafter). <br />Section 6.02. Advertising and Promotion. If, during the Term, Verotown has any unsold <br />advertising display space (e.g., billboards, outfield signs, etc.) at the Facility, then, subject to <br />Verotown's prior reasonable approval and subject to there being no conflict as to the content, <br />design, frequency of display, and placement of any such advertisements or promotional <br />materials, the County will be permitted to have advertisements or other promotional materials <br />and information for the County and/or the City displayed at the Facility in such unsold <br />advertising display space without charge or reimbursement. Nothing contained in this Agreement <br />requires Verotown to remove or substitute any paid advertisement or promotional materials <br />displayed at the Facility in favor of the County's and/or the City's advertisements or promotional <br />materials, and all revenue-producing advertisers obtained by Verotown will have priority of use <br />over such advertising display space. In addition, nothing contained in this Agreement requires <br />Verotown to create new advertising display space or to increase the amount advertising display <br />space, nor will Verotown be prohibited or restricted from decreasing the amount advertising <br />display space at the Facility. <br />Section 6.03. Right to Use the Facility. In addition to all of the rights specifically <br />granted to Verotown in this Agreement, Verotown has the right to use the Facility in any manner <br />and/or for any lawful purpose that Verotown deems appropriate in the exercise of its sole and <br />absolute discretion, subject to the terms of this Agreement. <br />Section 6.04. The County's Use of Holman Stadium and the Practice Fields. The County <br />has the right to use Holman Stadium and/or the practice fields, for a total of twelve (12) days, <br />which use shall include: up to two (2) days per Lease Year for education, entertainment and <br />community enrichment purposes; nine (9) days per Lease Year for the community's annual <br />"Harvest Festival"; and one (1) day per Lease Year for the Jackie Robinson Game, at no charge <br />to the County (other than reimbursing Verotown for any operating expenses incurred by <br />Verotown as a result of the County's use of Holman Stadium and/or the practice fields). The <br />dates during which the County may use Holman Stadium and/or the practice fields will be <br />selected by mutual agreement of the parties; provided that, if the parties cannot agree on the <br />dates, Verotown's reasonable selection of dates will be final and controlling. Provided, however, <br />Verotown will defer to the County and cooperate in scheduling and making the Facility available <br />for the community's annual "Harvest Festival." The Harvest Festival will occur for four (4) days <br />from Thursday to Sunday in the week prior to Thanksgiving each year with the remaining five <br />(5) days set aside for the Harvest Festival to be provided before and after the event for set-up and <br />take-down. The parties recognize that Verotown or any other MLB Entity may, at any time, <br />also host an event celebrating Jackie Robinson and any such event would take priority over a <br />County scheduled event, except for the Harvest Festival. The County may use Holman Stadium <br />and/or the practice fields only for functions which do not directly compete with revenue - <br />generating events and shall not create any conflicts with sponsorships which have been otherwise <br />14 <br />
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