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04/09/2024
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04/09/2024
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5/16/2024 11:16:32 AM
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5/16/2024 10:57:47 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
04/09/2024
Meeting Body
Board of County Commissioners
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business days after the Amendment Effective Date, ' the <br />County strati be relieved :of :its <br />obligations set forth in Sectio 8.04(#5} The Holman Reiinbtusement Amount shall only <br />be used by Verotown to fund maintenance, £apical ltnpirovements, :end ;Repairs or <br />m <br />Replacements to Holn. Stadium or any portion thereof but" not be subject to any <br />restriction or limitation set forth in Sections &01 or 8.05(b) of the Agamont (but shall be <br />otherwise subject to the approval process for disbursement in Section: 6.03 of the <br />Agreement). <br />3. Definitions. Section 1.02 of the Agreement is hereby amended by adding the foil owing <br />defined terra in the proper alphabodeW order: <br />"Executive Building" mews time offices, meeting morns, #Riess room, fou (4) <br />batting cages and storage .area locatead mi Championship 14all, and, to the extent <br />required to comply req p y withapplicable permit requirements, all appurtenant parking,. <br />hardscape, landscape, walkway, and :canopy improvements extending firm the <br />main entrance of (Championship Hall: <br />4. Second A_Mp Went World: Additional Contribution to ft Catyital Reserve Account. <br />(a) Section 8.05(x)of the Agreement is herebysamended to add:the follow additional <br />Verotown Improvements (hereinafter collectively referred to as the "Second Amendment <br />Work'), which Second.Amendment Work shall be completed by Verotown to both parties' <br />reasonable satisfaction no later than December 31,:-2024: <br />S. Utilizing a srtified asbestos contractor that employs proper removal and <br />disposal practices, prescribed by the united States Environmental Protection Agency <br />(EPA), obtain all the necessary Federal, State, and Local permits, including building <br />Permits., and cause to be performed the removal of non -friable altos within the walls <br />jointly identified by the parties in the hotel r+oems set forth in Exhibit "A," replacement of <br />any walls removed with like wails inthemlocatonsnr it of related <br />thereto to a standard as reasonably determnned by Verotown; and <br />19. Demolish, design, <br />permit, and reconstruct the Executive Building <br />reasonably similar to the facility rendering shown in Exhibit `B" to: Brie Second, <br />Amendment. The parties acknowledge that the new Executive Bu lding will include :all <br />appurtenant parking,. hardscape, landscape, walkway, and tainopy improvements required <br />to comply with applicable permitting equirernents, aid at Verotown's =sole option may <br />contain additional improvements to these appurtenant facilities: <br />(b) As consideration for, and as ,a condition precedent to, Verotown performing the <br />Second Amendment Work, within three (3) business days after the Amendment Effective <br />Date the Coup shall <br />County deposit the following :auras :tato the Capital Reserve Account: (the <br />"Second Amendment Fund Amount"): <br />1. Five; Hundred Seventy1bousand.and No/100 Dabs. (11570,000.00): for the. <br />_. <br />project described in Section 8.05(ax 18); and <br />2 <br />15 <br />
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