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9/7/2000
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9/7/2000
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7/23/2015 12:14:19 PM
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Meetings
Meeting Type
Special Call Meeting
Document Type
Minutes
Meeting Date
09/07/2000
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• <br />two parties to reach agreement. He felt the Dodgers wanted to stay in Vero Beach, otherwise <br />they would not be taking all the abuse. <br />Mr. Donadio pointed out that the Dodger facility is a year around facility and <br />employs 250 people in the off-season and 400 during spring training. If that did not <br />constitute an economic engine and generate $17 million, he knew of nothing else that would. <br />Bill Glynn, 1802 Barefoot Place, predicted this deal would not mean anything for 20 <br />years when the property would be worth two or three times its current value. He was pretty <br />sure that the five sitting Commissioners had no second agendas or reasons to go into a deal <br />like this except on behalf of their constituents. He felt that staff had done an excellent job <br />on the negotiations. Both sides gave up something to arrive at an agreement. He could not <br />understand how anyone could be so negative on it without saying how that money would be <br />replaced if the Dodgers were to leave. He had confidence that the best deal possible had <br />been put together. He suggested the point of first right of refusal versus right of repurchase <br />was a very cognizant part of the future of the contract. He thanked the Commissioners and <br />asked them to continue the good work. <br />Chairman Adams asked for anyone else who wished to speak; there were none. She <br />then concluded the public input and asked for direction from the Commissioners. <br />Vice Chairman Ginn wanted Mr. Reid to address the right of first refusal and the first <br />right of refusal issue so the County is protected. <br />Mr. Reid stated that all those provisions will be written into the deed which he will <br />be drafting. He then explained in detail the three different events that were spelled out in the <br />MOU and in the agreements concerning the County's and Dodgers' rights to purchase and/or <br />acquire the property. <br />Discussion ensued and Mr. Reid explained in detail what would happen under <br />September 7, 2000 <br />23 <br />• <br />
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