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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
Fields
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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arranged by Verotown or any other MLB Entity. Moreover, the County's use of Holman Stadium <br />and/or the practice fields must not interfere in any way with Verotown's use and quiet enjoyment <br />of the Facility. The County will not use or authorize the use of Holman Stadium and/or the <br />practice fields in any manner which would have a material detrimental impact on Holman <br />Stadium and/or the practice fields, and the County will be and remain solely responsible for any <br />damage or destruction to Holman Stadium and/or the practice fields by the County or its <br />assignee. The County, or its assignee, is entitled to retain the revenues from ticket sales for its <br />events, and concessions sold during the events when Holman Stadium and/or the practice fields <br />are utilized by the County; provided, however, that although Verotown covenants to cooperate <br />with the County in such endeavors, Verotown will not be required to provide concession <br />management services and/or any other related services during any County event. In all cases, <br />Verotown will be reimbursed by the County for any operating costs and expenses incurred by <br />Verotown as a result of the County's use of Holman Stadium and/or the practice fields, including. <br />but not limited to, the cost of any parking attendants, ticket takers, security personnel, clean-up <br />crews, pro -rata utility cost, and the like provided by Verotown. Prior to using Holman Stadium <br />and/or the practice fields as provided herein, the County shall cause Verotown to be named as an <br />additional insured on the County's general liability insurance policy and shall deliver to <br />Verotown a certificate of insurance which verifies the existence of the policy and the fact that <br />Verotown is named as an additional insured. <br />Section 6.05. Parking. <br />(a) The City Parking Property is owned by the City, subject to the terms and <br />conditions of the Parking License Agreement, and the Facility Parking Property is owned <br />by the County. Verotown has the right to use the City Parking Property for Verotown <br />Events in accordance with the terms and conditions of the Parking License Agreement. <br />(b) Verotown and the County acknowledge that the right to use the City <br />Parking Property for Verotown Events could be terminated by the City in accordance <br />with the terms and conditions of the Parking License Agreement. In such event, <br />Verotown and the County agree that the Facility Parking Property shall be available to <br />Verotown at all times during the Initial Term and any Renewal Term be used for parking <br />purposes relating to its use and operation of the Facility. For Verotown Events that take <br />place in Holman Stadium where parking demands exceed capacity of the Facility Parking <br />Property, upon thirty (30) days prior written notice, the County will provide two thousand <br />(2,000) parking spaces for the designated Verotown Event at no additional cost to <br />Verotown; provided, however that no athletic fields shall be used towards the additional <br />parking spaces. The County acknowledges that for certain potential Verotown Events, it <br />may not be practicable for Verotown to provide thirty (30) days prior written notice of <br />the need for additional parking capacity. In such event, Verotown shall notify the County <br />of its need for additional parking as soon as reasonably practicable and the County shall <br />use its best efforts to accommodate Verotown's request, with the understanding that <br />Verotown may not be able to host a Verotown Event at the Facility unless the County can <br />provide adequate additional parking at an acceptable location to Verotown within the <br />shorter time frame provided by Verotown. Unless the Facility is being utilized as an <br />emergency staging area pursuant to section 6.06, the County acknowledges and agrees <br />15 <br />
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