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12/30/2011
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12/30/2011
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Last modified
7/13/2018 10:56:17 AM
Creation date
9/25/2015 5:11:07 PM
Metadata
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Minutes
Meeting Date
12/30/2011
Meeting Body
Board of County Commissioners
Archived Roll/Disk#
4051
Book and Page
141, 829-835
Subject
Vero Beach Sports Village
MiLB Vero Beach
Facility Lease Agreement
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2 . INVOCATION <br /> Commissioner Davis delivered the Invocation . <br /> 3 . PLEDGE OF ALLEGIANCE <br /> County Attorney Polackwich led the Pledge of Allegiance to the Flag . <br /> 4. COUNTY ATTORNEY MATTERS <br /> 4.A. 1. TO CONSIDER THE ASSIGNMENT OF THE FACILITY LEASE AGREEMENT <br /> FOR THE VERO BEACH SPORTS VILLAGE, FROMMILB VERO BEACH, <br /> LLC. A FLORIDA LIMITED LmBILITY COMPANY. TO VEROTO WN, LLC. A <br /> DELAWARE LIMITED LIABILITY COMPANY, AND RELATED DOCUMENTS <br /> Attorney Polackwich recapped his memorandum dated December 28 , 2011 , providing <br /> background on the former Dodgertown Facility Lease Agreement with Minor League Baseball <br /> (MiLB) ; the amendment to the lease which included the "cloverleaf property" ; and MiLB ' s <br /> request for the County to approve an assignment (transfer) of the current lease to Verotown, <br /> LLC , a proposed arrangement where five individuals/entities (MiLB , Peter O ' Malley (through a <br /> solely owned limited liability company named POM Vtown, LLC , Terry O ' Malley Seidler, <br /> Hideo Nomo , and Chan Ho Park) would operate the Vero Beach Sports Village under the name <br /> of Verotown, LLC . <br /> Attorney Polackwich explained the minor changes to the proposed " Second Amendment <br /> to Facility Lease Agreement, " and recommended Board approval . He informed the Board that <br /> MiLB had requested the Agreement to be dated January 1 , 2012 , and the Capital Reserve <br /> Account Agreement with MiLB to have Verotown, LLC substituted as the new party . <br /> Craig Callan, MiLB Vice President, conveyed that the joint venture would take the <br /> operation to the next level , and the addition of the cloverleaf and soccer field, which doubles the <br /> December 30 , 2011 BK 141 PG 833 <br /> Special Call Meeting 2 <br />
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