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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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2. The parties acknowledge that the County is a governmental entity and <br />political subdivision of the State of Florida entitled to all privileges <br />and immunities accorded to the state, including sovereign immunity, <br />and in accordance with this acknowledgment, the parties hereby agree <br />that the County does not waive its sovereign immunity and nothing in <br />this lease shall expose the County to any liability in excess of the <br />statutory limits provided in Section 768.28, Florida Statutes. <br />The County's obligation to cover personal property of Verotown <br />within the facility only becomes effective once Verotown notifies the <br />County of the contents and value of said personal property within the <br />Facility for purposes of the County adding the contents to its schedule <br />of insurance. <br />4. The County's obligation to indemnify, save, and hold Verotown <br />harmless shall terminate for each Building listed in paragraph (b) <br />above upon the final completion of the roofing repair or replacement <br />for that Building. <br />(e) Until the date that is the earlier of (i) completion of the roofing repairs or <br />replacements contained in Section 8.04(b) or (ii) eighteen (18) months after the Effective <br />Date, the County agrees to reimburse Verotown up to One Hundred Thousand and <br />No/ 100 Dollars ($100,000.00) in documented business interruption losses that result from <br />a roofing failure on a Building listed in Section 8.04(b) that prevents Verotown from <br />fully utilizing the Building for its intended purpose. This provision shall not apply to any <br />diminishment of use that may result during the construction of the identified roofing <br />repairs or replacements or de minimis diminishments of use. The County shall not be <br />liable to Verotown for any portions of business interruption losses that are caused by <br />Verotown or third parties and any liability of the County shall be reduced proportionately <br />to the extent of any contributory fault chargeable to Verotown or a third party. The <br />parties acknowledge that the County is a governmental entity and political subdivision of <br />the State of Florida entitled to all privileges and immunities accorded to the state, <br />including sovereign immunity, and in accordance with this acknowledgment, the parties <br />hereby agree that the County does not waive its sovereign immunity and nothing in this <br />lease shall expose the County to any liability in excess of the statutory limits provided in <br />Section 768.28, Florida Statutes, as amended. <br />(f) Other than as specifically set forth in this Agreement, Verotown shall be <br />responsible for all other Capital Improvements, Repairs or Replacements, operations, and <br />maintenance for the duration of the Initial Term and any Renewal Term subject to any <br />reimbursement described in Section 8.02(a). <br />Section 8.05. Verotown Improvements. <br />22 <br />
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