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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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additional improvements constructed on the Land after the Effective Date of this <br />Agreement. <br />(o) "Facility Parking Property" means those areas contained within the Land <br />that have historically been used for parking in connection with activities and events held <br />at the Facility and other accessible and open areas that are suitable for parking. <br />(p) "FF&E" means furniture, fixtures, and equipment located at or on the <br />Facility on the Effective Date and initially described in Exhibit "C" hereto, as same may <br />be replaced or substituted during the Term, which replacements and substitutions will be <br />reflected on an updated Exhibit "C" (to be agreed upon by the parties), from time to time. <br />(q) "Holman Stadium" means the baseball stadium improvements known as <br />Holman Stadium. <br />(r) "Initial Term" is defined in Section 2.01, below. <br />(s) "Land" means the real estate upon which the Facility is located, as <br />described in Exhibit "A" attached hereto. <br />(t) "Lease Year" means a twelve (12) month period commencing on <br />September 1 of any calendar year of the Term hereof and ending on August 31 of the <br />following calendar year; provided, however, that the First Lease Year will commence as <br />of the Effective Date and end on the first August 31 st following the Effective Date. <br />(u) "Maintenance Standards" means the standards of maintenance, repair, and <br />operations maintained by managers of comparable facilities in comparable markets in the <br />State of Florida in accordance with reasonable practices then in use. The County hereby <br />acknowledges and agrees that the manner in which the Existing Facilities were operated <br />and managed by the Dodgers prior to the termination of their lease in 2008 and Minor <br />League Baseball prior to the termination of their lease in 2011 was consistent with or <br />exceeded the standards of maintenance, repair, and operations maintained by managers of <br />comparable facilities in comparable markets in the State of Florida. <br />(v) "Major League Baseball" or "MLB" shall mean, depending on the context, <br />any or all of (a) the Office of the Commissioner of Baseball (the "BOC"), each other <br />MLB Entity and/or all boards and committees thereof, including, without limitation, the <br />Executive Council, and/or (b) the Major League Clubs acting collectively. <br />(w) "Major League Baseball Club" or "Major League Club" shall mean any <br />professional baseball club that is entitled to the benefits, and bound by the terms, of the <br />Major League Constitution. <br />(x) "Major League Constitution" shall mean the Major League Constitution <br />adopted by the Major League Clubs (which amended and superseded the Major League <br />Agreement dated January 1, 1975, the Agreement in re Major Leagues Central Fund <br />4 <br />
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