2021-023 - Laserfiche WebLink

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Prepared By, Record and Return to: Alex Rosen, Esq. Verotown, LLC c/o Major League Baseball 1271 Avenue of the Americas New York, New York 10020 FIRST AMENDMENT TO THE AMENDED AND RESTATED FACILITY LEASE AGREEMENT This FIRST AMENDMENT TO THE AMENDED AND RESTATED FACILITY LEASE AGREEMENT ("Amendment") is made as of the _ day of January, 2021 (the "Effective Date"), by and between Indian River County, Florida, a political. subdivision of the State of Florida (hereinafter referred to as the "County"), and Verotown, LLC, a Delaware corporation, (hereinafter referred to as "Verotown"). RECITALS A. WHEREAS, County and MiLB Vero Beach, LLC, a Florida limited liability company (the "Initial Tenant") entered into that certain Facility Lease Agreement effectively dated May 1, 2009 whereby County leased that certain real property located in Vero Beach, Florida, and known generally as "Dodgertown" (the "Facility") and being more particularly described in Exhibit "A" of the Agreement, as further amended by that certain First Amendment to Facility Lease Agreement by and between the County and the Initial Tenant effectively dated June 1, 2011, as further amended by that certain Second Amendment to Facility Lease Agreement by and between the County and Initial Tenant effectively dated January 1, 2012, as further amended by that certain Third Amendment to Facility Lease Agreement by and between County and Verotown effectively dated July 16, 2013, as further amended by that certain Fourth Amendment to Facility Lease Agreement by and between County and Verotown effectively dated January 21, 2014, and as further amended by that certain Fifth Amendment to Facility Lease Agreement by and between County and Verotown effectively dated April 1, 2014, and as further amended by that certain Amended and Restated Facility Lease Agreement by and between County and Verotown effectively dated January 2, 2019 (collectively referred to as the "Agreement"); B. WHEREAS, pursuant to Section 13.02 of the Agreement, the Agreement may be amended in a writing executed by both parties; C. WHEREAS, in order to modify certain terms of the Agreement, including certain rights and obligations associated with the Capital Improvements and additional contributions to the Capital Reserve Account, Verotown and the County now desire to amend the Agreement as hereinafter set forth, in accordance with the terms and conditions of this Amendment.