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with a life expectancy of five (5) or more years, including by way of example and not limitation capital equipment, which will extend the useful life of the Facility whose cost is in excess of $1,000 and is reasonably determined by Verotown as necessary for the construction, reconstruction, or improvement of the Facility. (c) "Capital Reserve Account" means the capital improvement, maintenance, repair and replacement account as defined in Section 8.01, below. (d) "Capital Reserve Account Agent' means the Clerk of the Circuit Court for Indian River County, Florida. (e) "Cessation of Use" is defined in Section 10.04, below. (f) "Ci1y" means the City of Vero Beach, Florida. (g) "City Parking Property" means the real estate subject to the Parking License Agreement. (h) "Coun " means Indian River County, Florida, a political subdivision of the State of Florida. (i) "County Funds" means the funds to be deposited into the Capital Reserve Account by the County. 0) "County Improvements" means the improvements constructed or to be constructed on the Existing Facilities during the term of this Agreement, as set forth in Section 8.04(a) and (b) hereof. (k) "Dodgers" means the team owned by the Los Angeles Dodgers, LLC, a Delaware limited liability company and their predecessors, the former users of the Facility, as the context requires. (1) "Effective Date" means the 2nd day of January 2019, the date upon which this Agreement becomes effective. (m) "Existing Facilities" means the baseball facilities originally constructed for spring training activities located on the Land as they existed as of the Effective Date, including the spring training baseball stadium known as Holman Stadium (as hereinafter defined), the eighty-nine (89) unit hotel facility, the conference center with meeting and dining rooms, the clubhouse and weight room, indoor batting and pitching cages, baseball administration building, multi-purpose field, four (4) baseball practice fields, four (4) softball practice fields (i.e., the "cloverleaf' fields) and one (1) half baseball practice field. (n) "Facili " means, collectively, the Land, the Existing Facilities, and, as the context warrants, the County Improvements, the Verotown Improvements, and any