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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
Fields
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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REQUISITION REQUEST NO. <br />DATE: <br />TOTAL DISBURSEMENT REQUESTED: $ <br />REFERENCE: Facility Lease Agreement dated as of December _, 2018 (the "Lease") <br />between Verotown, LLC, as lessee ("Verotown"), and Indian River <br />County, Florida, as lessor (the "County") <br />as the Capital Reserve Account Agent (the "Capital Reserve <br />Account Agent") is hereby requested to disburse from the Capital Reserve Account established <br />in the Lease to the person, firm or corporation designated below as Payee, the sum set forth <br />below such designation, in payment of the cost of the items of authorized capital improvements, <br />eligible maintenance, repairs or replacements pursuant to the Lease. <br />The undersigned, on behalf of Verotown, hereby directs and instructs the Capital Reserve <br />Account Agent to pay $ in accordance with the invoices attached hereto as Exhibit A, <br />and certifies in connection with such direction that: <br />(a) The items described on Exhibit "A" hereto represent authorized capital improvements, <br />eligible maintenance, repairs or replacements which have been constructed or installed at the <br />Facility and the construction or installation of such authorized capital improvements, eligible <br />maintenance, repairs or replacements has been completed on or before the date hereof, <br />(b) Verotown has conducted such inspection and/or testing of the authorized capital <br />improvements, eligible maintenance, repairs or replacements as they deem necessary and <br />appropriate and have accepted the same; and <br />(c) The authorized capital improvements, eligible maintenance, repairs or replacements <br />described on Exhibit "A" hereto are covered against all risks pursuant to the policy of insurance <br />required by the Lease. <br />In the event Verotown is to be reimbursed for invoices previously paid by Verotown for such <br />items, written evidence of such prior payment and the amount thereof is also attached to this <br />Requisition Request. <br />Attached hereto are the following (check each item attached), each of which is true and correct in <br />all respects: <br />(__) A true copy of the applicable purchase order; <br />(_) Bills of sale for any component of the capital improvements, maintenance, repair <br />or replacement for which a bill of sale may be delivered; and/or <br />(__) A true copy of the Payee's statement or invoice. <br />48 <br />
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