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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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that neither the County nor its guests or invitees shall be permitted to utilize the baseball <br />and/or athletic fields at the Facility for parking purposes during the Initial Term or any <br />Renewal Term. <br />(c) Upon expiration or termination of this Agreement, all rights of Verotown <br />to use the City Parking Property or the Facility Parking Property for all purposes shall <br />terminate. <br />Section 6.06. Emergency Staging Area. As a mutual benefit to the County and <br />Verotown, during the Term, Verotown agrees to provide the Facility as a staging area for <br />responsive emergency personnel and equipment, for natural disaster preparations, response, and <br />potential shelter. Notwithstanding anything to the contrary, neither the County nor the public <br />may use the Holman Stadium field. In the event the County uses the Facility as an emergency <br />staging area, the County agrees to diligently employ its best efforts to completely remove all <br />disaster/hurricane-related debris and materials from the Facility as soon as reasonably practical <br />and not later than fourteen (14) days after any emergency or use for the purpose of this Section. <br />Further, the County is responsible for all damage, clean-up, repairs and costs and expenses in <br />connection with the use of the Facility, and the County shall promptly clean up, repair and <br />restore the Facility, all at no cost or liability to Verotown. Notwithstanding anything in this <br />Agreement to the contrary, the County is responsible for any liability arising out of or in <br />connection with the County's or the public's use of the Facility pursuant to this Section 6.06, and <br />the County agrees not to hold Verotown responsible, and thus Verotown will be held harmless, <br />for such use of the Facility by the County or the public or its failure to timely remove all <br />disaster/hurricane-related debris and material from the Facility after any emergency or use for <br />the purposes of this Section. The County agrees to use its best efforts to seek "facilities <br />hardening" funds and/or other funds available for natural disasters from the State and/or Federal <br />government and to apply such funds for the sole and the exclusive use of the Facility. In the <br />event the County receives Federal Emergency Management Agency ("FEMA") proceeds or <br />other funds for damage to or destruction of the Facility, the County agrees to promptly apply <br />such FEMA proceeds or other funds towards the cleanup, repair, restoration, construction or <br />reconstruction of the Facility. To the extent that the County utilizes the Facility for sheltering, <br />the County is responsible for any shelter requirements and all costs associated therewith. <br />ARTICLE VII <br />REVENUES <br />Section 7.01. Revenues. During the Term, Verotown shall control, collect, receive, and <br />retain all revenues generated by any means at or in connection with the Facility, including, but <br />not limited to, all revenues from ticket sales, food and beverage sales, merchandise sales, <br />concessions and products sales, novelties, parking, telecast and broadcast rights, pouring rights, <br />advertising, sponsorship, promotional and signage rights, permitted Facility naming, affiliation, <br />and or sponsorship rights, and any other revenues derived or generated in connection with <br />baseball and non -baseball events held at the Facility (exclusive of any County use events). <br />Verotown may allocate the revenues generated by any means at or in connection with the <br />16 <br />
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