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2000-266H
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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
Metadata
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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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40 <br />A <br />(g) Capital Reserve Accg!lrt Agreement means the Capital Reserve Account <br />Agreement by and among the County, the Dodgers, and the Capital Reserve Account Agent, <br />P governing the maintenance of the Capital Reserve Account. <br />j (h) tins is defined in Section 10.04, below. <br />(i) Uy means the City of Vero Beach, Florida. <br />0) City Funds means the One Million Four Hundred Thousand Doilars <br />($1,400,000) to be provided by the City to the County pursuant to the Interlocal Agreement. <br />(k) C 1w means Indian River County, Florida, a political subdivision of the State <br />of Florida. <br />A <br />(l) CgwUjundmeans the funds to be provided to the Dodgers by the County <br />Y pursuant to the Development Agreement, <br />(m) Development Aeremeans the Development Agreement dated September <br />1, 2000, by and between the County and the Dodgers for the construction of the <br />Improvements. <br />1 (n) DQdgers means Los Angeles Dodgers, Inc., a Delaware corporation. <br />Y <br />(o) Effective Date means the date upon which this Agreement is released to the <br />parties pursuant to the Escrow Agreement. <br />Y <br />(p) Escrow Agent means the agent designated in the Escrow Agreement. <br />(q) Escrow A ege ement means the Document Escrow Agreement dated September <br />1, 2000, between, among others, the parties hereto and which governs the Effective Date of <br />this Agreement and the other Project Documents. <br />(r) Existing, Fgpilities means the baseball spring training; facilities located on the <br />Land as they existed as of the Effective Date, including the spring training baseball stadium <br />known as "Holman Stadium," the eighty-nine (89) unit hotel facility, the conference center <br />with meeting and dining rooms, the clubhouse and weight room, indoor batting and pitching <br />cages, four (4) baseball practice fields and two (2) half baseball practice fields. <br />(s) Facility means, collectively, the Land, the Existing Facilities, and, as the <br />context warrants, the Improvements and any additional improvements hereafter constructed <br />on the Land. <br />LPage 3 of 27 <br />L <br />
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