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in the Capital Reserve Account shall be held by the Capital Reserve Account Agent for <br />the exclusive benefit of the County and disbursed to the County in accordance with <br />written instructions from the County Administrator or his/her designee. <br />(e) Upon the County's written request therefor, Verotown will provide a <br />summary of Capital Improvements projected to occur at the Facility within the twelve <br />(12) month period after such written request. <br />(f) The terms of this Section 8.03 shall survive the expiration or termination <br />of this Agreement. <br />Section 8.04. Count Improvements. <br />(a) The County, at its expense, will complete, to both parties' reasonable <br />satisfaction, the following County Improvements within three (3) years from the <br />Effective Date: <br />1. removal and replacement of the first base concession stand at Holman <br />Stadium with a like facility; <br />2. removal and replacement of the third base concession stand at Holman <br />Stadium with a like facility; <br />3. removal and replacement of the press box area of the main concession <br />stand at Holman Stadium with a like facility; <br />4. to the extent jointly identified by the parties on or before August 31, <br />2019, any mold remediation needed in the Existing Facility; and <br />5. at the County's sole discretion, it may either remove and replace or <br />demolish the TV platforms at Holman Stadium and, if demolished, <br />upon thirty (30) days prior written notice from Verotown, the County <br />shall provide up to two (2) camera lifts in locations to be determined <br />by Verotown during the Initial Term and any Renewal Terms at the <br />County's expense for use at Verotown Events at Holman Stadium for <br />up to twenty-five (25) days each calendar year. <br />(b) The County hereby finds that it is in the best interest of the County and its <br />citizens to waive the requirements for bids pursuant to the process defined by Indian <br />River County ordinance and hereby contracts with Verotown, as the lessee pursuant to <br />this Agreement, to oversee and manage the County Improvements consisting of the <br />roofing repair or replacement projects on the following buildings within the Existing <br />Facility (collectively, the "Buildings"), identified in Exhibit "A": <br />1. Vero Beach Dodger Office (Ticket Office, Locker Rooms, Gift Shop); <br />20 <br />