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2000-266B
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2000-266B
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Last modified
7/18/2024 3:17:25 PM
Creation date
7/16/2024 10:48:29 AM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
09/07/2000
Control Number
2000-266B
Agenda Item Number
10.B.2.
Entity Name
Dodgetown
Los Angeles Dodgers, Inc.
Subject
Facility Lease Agreement
Development
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F__1 <br />40 <br />C-1 <br />ane utilized by the County, provided, however, that the Dodgers shall not be required to provide concession <br />services and/or any other services during any County event. In all cases, the Dodgers shall be reimbursed <br />by the County for any operating costs and expenses incurred by the Dodgers as a result of the County's <br />use of Holman Stadium and/or the practice fields, including, but not limited to, the cost of any parking <br />attendants, ticket takers, security personnel, clean-up crews, and the like provided by the Dodgers. Prior <br />to using Holman Stadium and/or the practice fields as provided herein, the County shall cause the Dodgers <br />to be named as an additional insured on the County's general liability insurance policy and shall deliver to <br />the Dodgers a certificate of insurance which verifies the existence of the policy and the fact that the Dodgers <br />are named as an additional insured. <br />Section 6.05. ParkinI The parties hereby acknowledge and reaffirm the parking rights that they <br />have granted pursuant to the Parking Agreement. <br />REVENUES <br />Section 7.01. Revenues. During the Tern. the Dodgers shall control, collect, receive, and retain <br />all revenues generated by any means at or in connection with the Facility, 'including, but not limited to, all <br />revenues from ticket sales, food and beverage sales, merchandise sales. concessions and products sales. <br />novelties, parking, telecast and broadcast rights, pouring tights, advertising, sponsorship, promotional and <br />signage rights, Facility naming rights, and any other revenues derived or generated in connection with <br />baseball and non -baseball events held at the Facility I.exclusive of any County use events 1. <br />Section 7.02. Naming Rights. At all times during the Term, the Dodgers shall have the right. at <br />their sole and absolute discretion, to sell naming, affiliation. and/or sponsorship rights in and to Holman <br />Stadium and/or any portion of the Facility and/or to change the name of Heiman Stadium and/or any <br />portion of the Facility without the prior review andior consent of the County . Any and all revenues derived <br />from the sale of naming, affiliation, and/or sponsorship rights in and to Holman Stadium and/or any pomon <br />of the Facility shall be retained solely by the Dodgers. <br />ARTICLE VIII <br />CAPITAL IMPROVEMENTS AND REPAIR <br />Section 8.01. Capital Reserve Account. During the Term I until depleted), the Dodgers shall <br />establish a trust account with depository (the "Capital Reserve Account") in which County Funds shall <br />be deposited pursuant to the Capital Reserve Account Agreement. The Capital Reserve Account shall be <br />funded and maintained in accordance with the provisions of the Capital Reserve Account Agreement. All <br />fiends in the Capital Reserve Account shall be County Funds. All withdrawals from the Capital Reserve <br />Account shall require the co -signature of the County Administrator or his designee. The Capital Reserve <br />Account shall be used by the Dodgers in making all Repairs and Replacements to the Facility. The <br />Dodgers shall consult with the County with respect to any expenditures from the Capital Reserve Account <br />Page 13 of 25 <br />
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