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2000-266H
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Last modified
7/18/2024 3:41:42 PM
Creation date
7/18/2024 3:15:25 PM
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
09/07/2000
Control Number
2000-266H
Agenda Item Number
10.B.7.
Entity Name
Los Angeles Dodgers, Inc.
Subject
Application for Certification of retained Spring Training Franchise to
Florida Office of Tourism, Trade & Economic Development
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C-1 <br />40 <br />-Wl ' 1 <br />Indian River County, Florida <br />Application to the Office of Tourism, Trade & <br />Economic Development pursuant to House Bill 1439 as <br />it amends Chapter 288.1162 of the Florida Statutes for <br />l the purpose of certifying Dodgertown as a retained <br />spring training franchise facility and obtaining funds to <br />i retain the Los Angeles Dodgers Spring Training <br />` Franchise in Indian River County (Vero Beach, County <br />i seat). <br />' Introduction <br />Indian River County, Florida (the "County"), together with the City of Vero Beach, Florida <br />(the "City"), Los Angeles Dodgers, Inc. (the "Dodgers"), Fox Baseball Holdings, Inc. ("Fox") and <br />de Guardiola Development, Inc. (the "Developer") have negotiated several agreements involving (i) <br />the acquisition by the County of the existing spring training facility generally known as <br />"Dodgertown", (ii) the leasing of Dodgertown to the Dodgers and (iii) the rehabilitation and <br />construction of new improvements to Dodgertown. Other than the use of Dodgertown by the <br />Dodgers following the County's acquisition, there will be no private involvement in Dodgertown nor <br />any inurement to any non-governmental entity. In addition to the County's acquisition of <br />Dodgertown, and in a completely separate transaction, the Developer is acquiring certain lands <br />adjacent to Dodgertown from the Dodgers and Fox, on which the Developer intends on developing <br />a new "mini-town",utilizing solely private funds. Other than the fact that neither the County, the <br />Dodgers nor the Developer want their respective transactions to proceed without the other parties' <br />transactions proceeding, these two developments are not inter -related. <br />i <br />The framework for the overall transaction is set forth in a Memorandum of Understanding <br />(the "Memorandum") by and among the County, the City, the Dodgers, Fox and the Developer, <br />which Memorandum was approved by the County Commission of the County and the City Council <br />. of the City on July 27, 2490. A copy of the Memorandum is included in this Application behind 'Cab <br />'W'. As set out in the Memorandum, the County has agreed to purchase from the Dodgers <br />l_ approximately 64 acres of land in Indian River County which presently constitutes the Dodgers' <br />l spring training facility known as Dodgertown, which consists of Holman Stadium, an eighty-nine (89) <br />unit player housing facility, a conference center with meeting and dining rooms, a clubhouse and <br />weight room, in -door batting and pitching cages, four (4) full baseball practice fields, two (2) hall' <br />baseball practice fields, and related spring training facilities, immediately following the acquisition <br />of Dodgertown by the County, (i) the County will enter into a lease agreement with the Dodgers <br />1- L <br />
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