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ka <br />L-1 <br />(C) AclionsReqUilA ftlic2d9M: Itmiiccliately following the approval and execution of <br />this Memorandum of Understanding by the City Council, the Board, and the Developer, the Dodgers shall <br />undertake to complete their negotiations with the Developer to enter into the agreements pursuant to which <br />the Developer shall purchase the Adjacent Lands and construct the Collateral Development. The County <br />hereby aclatowledges that the Dodgers have provided it with historical evidence that Holman Stadium las <br />attracted paid attendance of at least 50,000 annually for the prior ten years, and will thereafter assist the <br />County in obtaining verification of any projections of future attendance reasonably requcsted by the Florida <br />Office of Tourism. In addition, the Dodgers will deliver to the County such items as the County shall need <br />in orderto timely complete and submit the Application required by Section 288.1 162, Florida Statutes on. <br />or before October l , 2000 (or such later date as may be set forth in any rules or regulation adopted by the <br />Florida Office ofT'ourism), including, without limitation, a description of the Improvements with the required <br />amount of detail to support the Application. The Dodgers covenant and agree to actively cooperate and <br />participate with the County in making a successful and timely Application as required by Section 288.1162, <br />Florida Statutes. <br />(D) Actinns Rr4oired ofthe Dcveloner: hmmediately fol lowing the approval and execution of <br />this Memorandum of Understanding by the City Council, the Board, and the Dodgers, the Developer steal l <br />undertake to complete its negotiations with lite Dodgers to enter into the agreements pursuant to which the <br />Developershall acquire the Adjacent Land and construct the Collateral Development. The aforementioned <br />agreements between the Dodgers and the Developer shall be executed and made effective as of the date <br />that both of the following conditions are satisfied: (1) the Florida Office of Tourism certifies that the Facility <br />is a "facility for a retained sprint; training franchise," and (2) the scope of the Collateral Development has <br />been approved under existing City zoning and comprehensive plan categories for the Adjacent Land. <br />(E) Actions R q ei t by All f'ae: Immediately following the approval and execution ofthis <br />Memorandum of Understanding by all of the parties hereto, each party shall commence to negotiate in good <br />faith to draft and, whcn appropriate, execute the Real Estate Contract, the Facility Lease Agreement, the <br />Development Agreement, the Parking Agreement and the agreements between the Dodgers and the <br />Developer (collectively, the "Project Agreements"). The partiesshall also cooperate and make thcir best <br />efforts to obtain the necessary approvals and permits for the Improvements and the Collateral <br />Development. The parties acknowledge and agree that each and every one of the Project Agreements, <br />and any subsequently identified agreements required by any of the Project Agreements, must be dmftcd <br />and executed by all parties by not later than September 1, 2000. The parties further acknowledge and <br />agree that all of the Project Agreements shall be made contingent upon the County receiving certification <br />from the Florida Office of Tourism that the Land and Existing Facilities constitute., "facility fora retained <br />spring training franchise." Accordingly, upon the completion and execution of the Project Agreements, the <br />City, the Dodgers, and the Developer shall cooperate with and assist the County in preparing and <br />submitting the Application to the Office of Tourism for the required certification. <br />Section 9. Contini gnc*cs. <br />11age9 of IR <br />
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