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HomeMy WebLinkAbout2001-2780 1 Prepared By: Santiago Fernandez, Esq. Senior Vice President & General Counsel Los Angeles Dodgers, Inc. 1000 Elysian Park Avenue Los Angeles, California 90012 Record and Return to: �p Robert C. Reid, Esq. ,J Bryant, Miller & Olive, P.A. 201 South Monroe Street, Suite 500 Tallahassee, Florida 32301 FACILITY LEASE AGREEMENT 1% THE RMor:^5 CIF JET'' I Ei K. Bl,h CLUiK CI113UIT COUNT 6:Gint� 111VER CO., FLA. This FACILITY LEASE AGREEMENT ("Agreement") is made as of this 1st day of September, 2000, by and between Indian River County, Florida, a political subdivision of the State of Florida (hereinafter referred to as the "County"), and Los Angeles Dodgers, Inc., a Delaware corporation (hereinafter referred to as the "Dodgers"). RECITALS A. NNTIEREAS, the Dodgers own and operate the Major League Baseball team known as the "Los Angeles Dodgers' (the "Team"); and B. WHEREAS, since 1949, the Dodgers have conducted the Team's spring training operations and played their springy; training home games at the facility located in Vero Beach, Florida, and known generally as "Dodgertowr ' (the "FaciliW); and C. WHEREAS. the Count- and the Cit' of Vero Beach recognize that the benefits to the local community of having the Team conduct its spring training operations at the Facility are unique and diverse, and include, but are not limited to. entertainment for the community, the creation of new jobs and increased employment opportunities, increased tourist trade and promotional opportunities, direct and indirect tax revenues. and the enhancement of the community's image; and D. N1'IIERI:AS. because of the aforementioned benefits to the communit•, the Countv purchased the Facility pursuant to the Azi-eernent for Sale and Purchase dated September 1, 2(''00, bet%%een the Dodgers and the Count', and "ill incur the debt service specified in this Agreement to fund the Improvements contemplated herein and in the Development Agreement. which Improvements are specifically designed to accommodate the Teams spring training needs; and Page I of 27 https://ori.indian-river.org///DocumentIGetDocumentForPrintPNG/?request=AQAAANC.. Page 1 of 29 N l0 N O a 5/25/2021 Page 2 of 29 E. WHEREAS, in recognition of the commitment made to the Team by the County and the City of Vero Beach, the Dodgers desire to continue to conduct the Team's spring training operations at the Facility during the Term of this Agreement and to operate, maintain, and manage the Facility in accordance with the terms hereof, and F. WHEREAS, the County desires to retain the Team as the user of the Facility and to have the Dodgers manage the Facility under the terms and conditions specified herein COVENANTS NOW THEREFORE, in consideration of the foregoing Recitals (which are hereby incorporated into this Agreement) and the mutual promises and covenants set forth below, IT IS AGREED AS FOLLOWS: ARTICLE I DEFINITIONS(EXHIBITS Section 1.01. Exhibits. By not later than the date of closing specified in the Escrow Agreement, true and correct copies of all ofthe exhibits referenced in this Agreement shall be initialed by the parties and attached to this Agreement, and such exhibits shall thereafter be incorporated into this Agreement by this reference. Section 1.02 Definitions. The following terms shall have the following meanings: (a) Agreement means this Facility Lease Agreement between the Dodgers and the County, and all of the attached exhibits. (b) Bond Counsel means Bryant, Miller and Olive, P -A. (c) Bond Resolution means that certain Bond Resolution or Resolutions to be adopted for the issuance of the Bonds or other obligations for the acquisition of the Land, or construction of the Improvements, or for any part thereof. (d) Dkdu means the Bonds to be issued pursuant to the Bond Resolution. (e) Caoital Re erre Account means the repair and replacement account as defined in Section S 01, below. (1) Capital Resen-e:lccount Agent means the bank or trust company identified as such in the Capital Resen-e Account Agreement. 47- ;J til cn M CID Pace 2 of 2 https:Hori.indian-river. org///Document/GetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 3 of 29 (g) Capital Reserve Account Agreement means the Capital Reserve Account Agreement by and among the County, the Dodgers, and the Capital Reserve Account Agent, governing the maintenance of the Capital Reserve Account. (h) Cessation of Use is defined in Section 10.0.1, below. (i) it • means the City of Vero Beach, Florida. 0) C.i1y Funds means the One Million Four Hundred Thousand Dollars ($1,400,000) to be provided by the City to the County pursuant to the Interlocal Agreement. (k) Count means Indian River County, Florida, a political subdivision of the State of Florida. (1) Commy Funds means the funds to be provided to the Dodgers by the County pursuant to the Development Agreement. (m) Development Agreement means the Development Agreement dated September 1, 2000, by and between the County and the Dodgers for the construction of the Improvements. (-) Doditers means Los Angeles Dodgc;s, Inc., it DciaR'are Ctiipurdiluli. u (o) Effective Date means the date upon which this Agreement is released to the parties pursuant to the Escrow Agreement. (p) Escrow ageht means the agent designated in the Escrow Agreement. (q) Escrow Agreement means the Document Escrow agreement dated September 1. =000, between, among others, the parties hereto and which governs the Effective Date of this :agreement and the other Project Documents. (r) Existing Facilities means the baseball spring training facilities located on the Land as they existed as of the Effective Date, including the spring training baseball stadium known as "Holman Stadium," the eighty-nine (89) unit hotel facility. the conference center with meeting and dining rooms, the clubhouse and weight room, indoor batting and pitching cages. four (4) baseball practice fields and two (2) half baseball practice fields. (s) Facilit means. collectively, the Land. the Existing Facilities, and, as the context wvarrants. the Improvements and any additional improvements hereafter constructed o on the Land. r =v vt Page 3 of 27 ON https://ori.indian-river.org///DocumentIGetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 4 of 29 (t) EEM means furniture, fixtures, and equipment. (u) Holman Stadium means the baseball stadium improvements known as Holman Stadium which is a part of the Existing Facilities. (v) Improvements means the improvements to be constructed on the Existing Facilities pursuant to.the Development Agreement. (w) Independent Appraiser is defined in Section 10.07(b), below. (x) Initial Term is defined in Section 2.01, below. (y) Land means the real estate upon which the Facility is located, as described in Exhibit A. (z) Lease Year means a twelve month period commencing on May I of any calendar year of the Tenn hereof and ending on April 30 of the following calendar year; prodded, however, that the First Lease Year shall commence as of the Effective Date and end on the first April 30'h following the Effective Date_ (aa) Liquidated Damages is defined in Section 10.05. tiMain•�.�.n.e C� �nra�dc means the standards jf mand(uVJ -—mrepair, operations maintained by managers of comparable spring training facilities in comparable markets in the State of Florida in accordance with reasonable commercial practices then in use_ The County hereby acknowledges and agrees that the manner in which the Dodgers operated and maintained the Existing Facilities prior to the Effective Date of this agreement was consistent with or exceeded the standards of maintenance, repair, and operations maintained by managers of comparable spring training facilities in comparable markets in the State of Florida (cc) Major Leagueue Baseball means the Office of the Commissioner of Baseball, Major League Baseball Enterprises, Inc., Major League Baseball Properties, Inc_, Major League Baeball Properties Canada Inc, Baseball Television. Inc., anNor any of their respective present or future affiliates, assigns or successors. (dd) Parking Agreement means the Parking Agreement dated September 1, 2000, by and between the Dodgers, the County_ and de Guardiola Development, Inc.. which, filler Uha. governs parking rights for the Facility in connection with the adjacent land. o (cc) PrQ;oa Dc--rment: means this Aureement. the Development agreement, the Parking agreement. the Real Estate Co :tract, the Escrow• Agreement- and the Capital v Re.er%e Account A_,ree-men' CJ1 cn 0 Pace 4 of 27 https://ori.indian-river.org///DocumentIGetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 5 of 29 (f1) Real Estate Contract means the Agreement for Sale and Purchase, dated as of September 1, 2000, which governs the sale of the Land and Existing Facilities by the Dodgers to the County. (gg) Renewal Term is defined in Section 2.02, below. (hh) Repairs or eplacements means repairs or replacements made to the fixtures, structures and/or improvements at the Facility after completion of the Improvements. (ii) Retained Springy T2 raining Franchise Facility is defined by Section 285.1162, Florida statutes, as a facility where a professional baseball team conducts its spring training operations and plays its spring training home games, that was based in the State prior to January 1, 2000, and is certified as such by the State of Florida Office of Tourism, Trade and Economic Development. 0) Spring Training Home Games means only the spring training exhibition games to be played by the Team at the Facility during spring training. Spring Training Home Games do not include any spring training exhibition games played by the Team at any venue other than the Facility, even if the Team is designated as the "home team" for purposes of playing the game (e g., if the Team plays its last spring training games at Dodger Stadium, it may be the home team but such games Hill not constitute Spring Training Home Games for purposes hereof). (kk) State Fund mean the funds to be obtained by the County pursuant to Sections 212-20 and 285.1162 for a Retained Spring Training Franchise Facility_ (11) Team means the Major League baseball team owned by the Dodgers and known as the "Los Angeles Dodgers. - (mm) Term means the Initial Term and any Renewal Terms ARTICLE 11 TERNVOPTIONS TO RENE%VjRENT Section 2.01. Initial Term. The "Initial Term' of this Aereement shall commence on the Ef r.xiive Date and shall expire on April 30.2021. unless this agreement is terminated earlier by the panies pursuant to the provisions hereof. 0 Section 2 02 Renewal Term For purposes of this Agreement, a' Renewal Terni " means a � term of five (5) years commencing upon the expiration of the Initial Term or the immediatelv ,y preceding Renewal Tern-,. if any c� O Cn —J Pace e of 27 https:Hori.indian-river.org///DocumentIGetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 6 of 29 Section 2.03. Option to Renew'. The Dodgers shall have four (4) successive options to renew this Agreement for a Renewal Term. The Dodgers shall exercise their right and option for each Renewal Term by serving written notice upon the County of their election to exercise each said option at least one (1) year before the expiration of the then -current Term. If the Dodgers fail to provide such notice within the aforementioned time, then the Dodgers' right and option to renew shall continue in full force until the County notifies the Dodgers that the renewal notice has not been received and the Dodgers fail to exercise their renewal rights within sixty (60) days after receipt of the County's notice, it being the intention of the parties that the Dodgers shall not lose any renewal right through inadvertence. Each Renewal Term shall be upon the same terms and conditions as the Initial Term. Section 2.04. Rent. The Dodgers shall pay to the County the sum of One Dollar (S1.00) per Lease Year as rent payable in advance. Section 2.05. Option to Purchase. As provided in the deed to the County from the Dodgers for the Land and Existing Facilities, if, at any time during the Term, the County offers to sell the Facility, the Dodgers shall have a right of first refusal to purchase the Facility for the lowest purchase price which the County would accept from any third party. The County shall not sell the Facility to any third party during the Term until the Dodgers have been given written notice of the purchase price and an opportunity to purchase the Facility for such price. In addition, immediately following the date on which the Bonds have been paid and retired and continuing until the expiration or earlier termination of the Term, if the Dodgers are still in possession of the Facility, then the Dodgers shall have the option to purchase the Facility at the Facility's then fair market value, whether or rm the County desires or has offered to sell the Facility to a third party_ The then fair market value of the Facility shall be calculated in accordance with the provisions set forth in Section 10.07, below_ ARTICLE IIi DODGERS' USE OF THE FACILITY Section 3.01. 1 ease and Grant of Management Rights with Respect to the Facility. The County hereby leases to the Dodgers, and the Dodgers hereby lease from the County, the Facility. Except as otherwise provided in this agreement, the Dodgers shall have the exclusive right to use, manage, and operate the Facility at their sole discretion in accordance with the terms and purposes of this agreement. During the Term, the County shall not lease to or grant to any person other than the Dodgers, the right to use, manage. or operate the Facility, subject to the provisions of Section 6.04, below. Section 3 02 The Dodgers' Rights and Obligations. Except as specifically provided in this Agreement, the Dodgers shall be exclusively responsible for managing. operating. and maintaining the Facilitv at their sole discretion and expense during the Term in accordance with the Maintenance Standards The Dodiers shall not cause, permit, or sutler am• waste or damage. disfigurement, or :v s -a c� cn J N Pace 6 of 27 https:Hori.indian-river.org///DocumentIGetDocumentForPrintPNG/?request=AQAA ANC... 5/25/2021 Page 7 of 29 injury to the Facility or the fixtures or equipment thereon, with the exception of reasonable wear and tear, loss or damage by fire, natural catastrophe, or other casualty, or condemnation. Notwithstanding anything to the contrary contained in this Agreement, the Dodgers shall not be responsible for ad valorem real estate taxes, if any, assessed or collected with respect to the Facility. The County shall not remove any FF&E from the Facility and the Dodgers shall have the right, during the Term, to use all FF&E in place prior to or after the Effective Date. During the Term, the Dodgers shall have, but not be limited to, the following rights, responsibilities, and obligations in connection with the Facility: (a) At their sole discretion, control the scheduling and use of the Facility as a publicly operated spring training facility for all baseball and non -baseball events; (b) Perform all maintenance of the Facility, including by providing all of the labor and materials required to keep the Facility clean and free of debris and by repairing, maintaining, and replacing all components of the Facility consistent with the Maintenance Standards; (c) Maintain the Facility, including, but not limited to, the parking lots at the Facility, the structural portions of the Facility, the foundation of the Facility, the exterior structural walls of the Facility, all electrical, plumbing, heating, ventilating, air-conditioning, mechanical and utility systems for the Facility or any portion thereof, including any portion located in the Facility, in good order, condition, and repair, in a clean, sanitary, and safe condition, arid in accordance with all applicable laws and resalations; (d) Provide all security, crowd control, maintenance, cleaning, landscaping and other personnel or independent contractors required for the proper maintenance and operation of the Facility consistent with the Maintenance Standards; (e) Obtain and maintain all commercial general liability insurance necessary or appropriate to inure the liability of the County, the City, and the Dodgers with respect to the Facility and property insurance. The insurance, as it protects the County's and the City's interest, shall be subject to the County's reasonable approval and shall cause the County and the Cit} to be named as an additional insured on such policies. Further pro-,isions concerning insurance are set forth in Section 14 05, below. A certificate of insurance evidencing proof of such insurance shall be provided to the County and the City annually starting on the beginning date of the Term and as further provided in Section 14 05, below; ( i) Set rates and charges for the use of the Facility by third parties; 0 (c) :Advertise and promote all baseball and non -baseball events conducted at the Facility, such advertising and promotion to mention or idemifi- the County and!or the City to the extent practicable (the Dodgers understand the importance of promoting the County and r the Citv and their image and desire and agree to assist in such regard). v W Pace 7 of_; https:Hori.indian-river.org///Document/GetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 8 of 29 (h) Select and employ all concessionaires, licensees and other contractors with respect to the Facility, including, but not limited to, its parking lots, concession areas, and advertising space; and (i) Enter into lawful contracts in the Dodgers' name relating to any and all of the foregoing upon terms and conditions which are consistent with the Maintenance Standards and the terms of this Agreement_ Section 3.03_ Event Control. The Dodgers shall have the right, at their sole discretion, to cancel or postpone any event to be held at the Facility, including, but not limited to, any Spring Training Home Game. Section 3.04. Books and Records. All books and records of the Facility specifically relating to the Dodgers' responsibilities hereunder, except as the same may be specifically excepted from public disclosure by any law, rule, regulation, or ordinance, shall be kept in accordance with generally accepted accounting principles and shall be subject to inspection by the County at the Facility during regular normal business upon two (2) days' prior written notice to the Dodgers. Books and records shall include, but not be limited to, all records of expenditures from the Capital Reserve Account. ARTICLE IV MAINTENANCE RESPONSIBILITIES Section 4.01. Dodgers' Rights and Oftations. During the Term, the Dodgers shall be responsible for the repair, operation, and maintenance of the Facility, and shall have, but not be limited to, the rights, responsibilities and obligations specified in Sections 4.02 through 4.05, below. Section 4.02. Maintenance. From the Capital Reserve Account and, upon depletion thereof, from their own funds, the Dodgers shall construct and pay for any repairs, replacement and improvements for the Facility as are required: (a) To satish, the Maintenance Standards; (b) To comply with all applicable lams, ordinances and regulations, including, but not limited to the requirements of the Americans with Disabilities Act of 1990 ('`ADA") and any amendments thereto, including Title Il, Structural and Title Ili, Programmatic accessibility Standards as well as any future additions; and c) To meet the standards and regulations of Major League Baseball 0 N) M -O cn X -- Page S of =, https:Hori.indian-river. org///Document/GetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 9 of 29 Section 4.03. Operation. The Dodgers shall provide and pay for, solely from funds of the Dodgers or the Capital Reserve Account, if appropriate, all costs and expenses required for the operation and maintenance of the Facility which are not, by the terms of this Agreement, specifically required to be provided and paid for by the County, including, but not limited to, all personnel (including supervisory staff), labor, equipment, telephone, water, sewer, storm water, and materials. Costs for which the Dodgers are responsible shall include, but not be limited to, taxes (except for ad valorem real property taxes, if any, imposed upon the County in connection with the Facility), gas, electricity and other utilities related to operation of the Facility, and production of all events taking place at the Facility_ Section 4.04. axe The Dodgers shall pay all taxes associated with the operation of the Facility, including, but not limited to, sales taxes, except that the County shall pay that portion of the ad ►alorem real property taxes levied on the Land and all structures and improvements constituting the Facility. Section 4.05_ Limon. The Dodgers shall name a person to be the liaison to work with the County with respect to coordinating the mutual responsibilities of the Dodgers and the County. The Dodgers hereby designate fir. Craig Callan as the liaison unless and until a ne►v person is designed in ►►Titing by the Dodgers. Section 4.06_ Limitations. The Dodgers' rights and obligations under this Agreement are subject to the following additional limitations: (a) No contract entered into pursuant to this Agreement may impair any right of the County hereunder. (b) The Dodgers shall not, without the County's consent, enter into any contract extending beyond the expiration date of the Term, as the Term is defined when any such contract is executed by the Dodgers. (c) The Dodgersshall take no action which may result in the attachment of a lien or cloud on the County's interest in or title to the Facility. If, as a result of the Dodgers' actions, a lien or cloud is attached to the County's interest or title to the Facility, the Dodgers shall immediately take all reasonable and necessary steps to remove such lien or cloud. (d) The Dodgers shall not knowingly occupy or use the Facility for any purpose or in am• manner that is unlawful c� r— v a c.n cn Pace 9 of" https://ori.indian-river.org///DocumentIGetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 10 of 29 (e) Except as such records relate to proprietary or confidential business functions of the Dodgers, the Dodgers shall maintain all records concerning their responsibilities under this Agreement which are either required to be maintained pursuant to applicable law or which are necessary to verify the County's rights and the Dodgers' obligations under this Agreement, which records shall be made available to the County at the Facility during regular business hours upon two (2) days' prior written notice from the County. (0 Within the policies and standards set by the County pursuant to this Agreement, the Dodgers shall function as an independent contractor in fulfilling the duties required by this Agreement_ All staff required by the Dodgers to accomplish their obligations under this Agreement shall be employees of the Dodgers and not the County. (g) The Dodgers take the Facility "as is," both as of the Effective Date and upon completion of the Improvements, with no warranty from the County as to condition. (h) The Dodgers shall provide, at their expense, all equipment necessary to perform their responsibilities hereunder. (i) Except as may be provided in the Development Agreement or this Agreement, the Dodgers shall not undertake any capital improvements to the Facility Mthout the permission of the County, which permission shall, when not otherwise governed by the aforementioned Agreements, not be unreasonably v+ithheld. 6) If the County reasonably believes that the Dodgers' failure to comply with any of their obligations under this Agreement involves a "life safety issue," as hereinafter defined, the County shall have an immediate right to correct the life safety issue and the reasonable costs and expenses incurred by the County in correcting the life safety issue shall be due and payable by the Dodgers to the County within thirty (30) days after the submission of a statement to the Dodgers for the payment of the same. if such amount is not paid when due, it shall bear interest at the prime rate published by the JIM Street Jorimal from time to time from the date that the Dodgers received the County's statement until the date payment w -as made. For purposes of this Agreement, a "life safety issue' shall mean a situation which imposes an immediate threat of bodily hart or death to any users or occupants of the Facility. (k) Other than the Improvements, or except as authorized in this Agreement, the Dodgers shail not construct any additional buildings or structures on any portion of the Facility, or make any structural, or exterior changes to the Facility, without the prior written approval of the County. which approval shall not be unreasonably withheld The Dodgers shall not make major alterations or modifications to the Facility without the prior written approval of the County. wfiich approval sUl not be unreasonabiv withheld. Not%ithstandine EV CT —a CA r M Pace 10 of 27 https://ori.indian-river.org///DocumentIGetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 11 of 29 the foregoing, the County acknowledges that the Dodgers may decide to augment or replace the existing eighty-nine (89) unit hotel facility and the conference center at the Facility with new housing units and an expanded meeting and dining center. Accordingly, the County hereby approves such renovation and construction, provided it is undertaken by the Dodgers in accordance with the ternis of this Agreement and consistent with the Maintenance Standards. All such permanent improvements, alterations, or additions placed on the Facility by the Dodgers shall be conveyed by the Dodgers to the County by a quit -claim deed upon the completion of such improvements, alterations or additions. (1) On or before the expiration date of this Agreement, or its earlier temtination as provided herein, the Dodgers shall remove all of their personal goods and effects, repair any damage caused by such removal, and surrender and deliver the Facility in its "AS IS" condition. Any personal property or effects not removed within thirty (30) days after the expiration date of this Agreement or its earlier tennination as provided herein shall be deemed to have been abandoned by the Dodgers, and may be retained or disposed of by the County, in its sole discretion, in accordance with applicable law. (m) Upon the expiration or earlier termination of this Agreement, Dodgers shall return the Facility to the County free and clear of any contractual obligations or other legal encumbrances granted by the Dodgers, except utility easements and other encumbrances necessary for the maintenance and operation of the Facility. (n) The Facility shall not be used for the manufacture or storage offlareTna-ble, explosive or Hazardous Materials (as defined below), except for Hazardous Materials typically found for use or sale in retail stores, including supermarkets and dry cleaning stores, andlor typically found for use in comparable spring training facilities. For purposes of this Agreement, "Hazardous Materials" shall mean any containment, chemical, waste, irritant petroleum product, waste product, radioactive material, flammable or corrosive substance, explosive, poly -chlorinated biphegls, asbestos, hazardous toxic substance, material or waste of any kind, or any other substance that any environmental lacy regulates. "Hazardous Materials' shall include, but not be limited to, substances defined as "hazardous substances," "hazardous materials," or "toxic substances' in the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended, 42 U.S.C. Section 9601, et seq.; the Hazardous Materials Transportation Act. 39 U.S C. Section 1801, et seq.; the Resource Conservation and Recovery Act, 42 U.S.C. Section 6901 et seq.; all applicable state and local laws; and in the regulations adopted and publications promulgated pursuant to said laws or any amendments or addenda thereto (o) If the Dodgers pay- the rent and comply with all other terms of this agreement, the Dodeers may occupy- and enjoy- the premises of the Facility for the full Term and any renewals thereof, subject to the provisions of this Agreement v c� cn ,t Paee 11 of 27 https://ori. indian-river. org///DocumentIGetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 12 of 29 ARTICLE V SPRING TRAINING HOME GMIES Section 5.01. Spring Training Home Games. Except if the Dodgers are prevented from doing so by any of the events described in Article XV, below, or by a rule, regulation, directive, order, bulletin, or agreement of Major League Baseball, the Dodgers shall, each Lease Year during the Term, cause the Team to play at least ten (10) Spring Training Home Games at the Facility. Nothing contained in this Agreement shall restrict or prohibit the Dodgers from causing or allowing the Team to play spring training games in stadiums, venues, or facilities other than the Facility, or from playing the balance of the Team's annual spring training games away from the Facility after ten (10) Spring Training Home Games are scheduled to be played at the Facility during the applicable spring training period. Section 5.02. Rules and Regulations. The Dodgers shall comply with all applicable laws, ordinances, rules and regulations, including, but not limited to, the rules, regulations, directives, orders, bulletins, or agreements of Major League Baseball. ARTICLE VI COU7TY'S USE OF THE FACILITY/PARKIIG AGREEMENT Section 6.01. Right of EntrX. During the Term, the County shaii have lite rigid to enter into and upon any and all parts of the Facility for the purpose of examining the same with respect to the obligations of the parties under this Agreement upon two (2) days' prior written notice to the Dodgers (or %%ithout prior notice in the event of a "life safety issue' as defined in Section 4.066), above, but % ith immediate notice thereafter). Section 6.02. Advertising and Promotion. If; during the Term, the Dodgers have any unsold advertising display space (e.g., billboards, outfield signs, etc.) at the Facility, then, subject to the Dodgers' prior reasonable approval as to the content, design, frequency of display, and placement of any such advertisements or promotional materials, the County shall be permitted to have advertisements or other promotional materials and information for the County and/or the City displayed at the Facility in such unsold advertising display space. Nothing contained in this Agreement shall require the Dodgers to remove or substitute any paid advertisement or promotional materials displayed at the Facility in favor of the County's and!or the City's advertisements or promotional materials, and all revenue-producing advertisers obtained by the Dodgers shall have priority ofuce over such advertising display space In addition. nothing contained in this Agreement � shall require the Dodgers to create new advertising display space or to increase the amount �D advertising display space, nor shall the Dodgers be prohibited or restricted from decreasing the Y amount advertising display space at the Facility N Q c -n J co Paue 12 of _? https://ori.indian-river.org///Document/GetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 13 of 29 Section 6.03. Right to Use the Facility. In addition to all of the rights specifically granted to the Dodgers in this Agreement, the Dodgers shall have the right to use the Facility in any manner and/or for any lawful purpose that the Dodgers deem appropriate in exercise of their sole and absolute discretion, subject to the terms of this Agreement. Section 6.04. The County's Use of Holman Stadium and the Practice Fields. The County shall have the right to use Holman Stadium and/or the practice fields for up to twenty (20) days per Lease Year at no charge to the County (other than reimbursing the Dodgers for any operating expenses incurred by the Dodgers as a result of the County's use of Holman Stadium and/or the practice fields). The dates during which the County may use Holman Stadium and/or the practice fields shall be selected by mutual agreement of the parties; provided that, if the parties cannot agree on the dates, the Dodgers' reasonable selection of dates shall be final and controlling. The County may use Holman Stadium and/or the practice fields only for functions which do not compete with revenue -generating events which may otherwise be arranged by the Dodgers. Moreover, the County's use of Holman Stadium and/or the practice fields must not interfere in any way with the Dodgers' use and quiet enjoyment of the Facility. The County shall not use or authorize the use of Holman Stadium and/or the practice fields in any manner which would have a material detrimental impact on Holman Stadium and/or the practice fields, and the County shall be and remain solely responsible for any damage or destruction to Holman Stadium and/or the practice fields by the County or its assignee_ The County shall be entitled to retain the revenues from ticket sales for its events, and, with the prior consent of the Dodgers, concessions sold during the events when Holman Stadium and/or the practice fields are utilized by the County; provided, however, that the Dodgers shaii not be required to provide concession services andior any other services during any County event. In all cases, the Dodgers shall be reimbursed by the County for any operating costs and expenses incurred by the Dodgers as a result of the County's use of Holman Stadium and/or the practice fields, including. but not limited to, the cost of any parking attendants, ticket takers, security personnel, clean-up crews, and the like provided by the Dodgers. Prior to using Holman Stadium and'or the practice fields as provided herein, the County shall cause the Dodgers to be named as an additional insured on the County's general liability insurance policy and shall deliver to the Dodgers a cenificate of insurance which verifies the existence of the policy and the fact that the Dodgers are named as an additional insured Section 6.05. P The parties hereby acknowledge and rearm the parking rights that they have granted pursuant to the Parking Agreement. ARTICLE X711 REVENUES 0 Section 7 01 Revenue: Dunne the Term. the Doduers shall control_ collect, receive, and retain all revenues generated by any mean., at or in connection with the Facility, including. but not � v cn J %D Pace 13 of https://ori.indian-river.org///Document/GetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 limited to, all revenues from ticket sales, food and beverage sales, merchandise sales, concessions and products sales, novelties, parking, telecast and broadcast rights, pouring rights, advertising, sponsorship, promotional and signage rights, Facility naming rights, and any other revenues derived or generated in connection with baseball and non -baseball events held at the Facility (exclusive of any County use events). Section 7.02. Naming Rights. At all times during the Term, the Dodgers shall have the right, at their sole and absolute discretion, to sell naming, affiliation, and/or sponsorship rights in and to Holman Stadium and/or any portion of the Facility and/or to change the name of Holman Stadium and/or any portion of the Facility without the prior review and/or consent of the County. Any and all revenues derived from the sale of naming, affiliation, and/or sponsorship rights in and to Holman Stadium and/or any portion of the Facility shall be retained solely by the Dodgers. ARTICLE Vill CAPITAL IMPROVEMENTS AND REPAIR Section 8.01 _ Capital Reserve Account. During the Term (until depleted), the Dodgers shall establish a trust account with a depository (the "Capital Reserve Account") in which County Funds shall be deposited pursuant to the Capital Reserve Account Agreement. The Capital Reserve Account shall be funded and maintained in accordance with the provisions of the Capital Reserve Account Agreement_ All funds in the Capital Reserve Account shall be County Funds. All withdrawals from the Capital Reserve Account shali require the co -signature of the County Administrator or his designee. The Capital Reserve Account shall be used by the Dodgers in making all Repairs and Replacements to the Facility. The Dodgers shall consult with the County with respect to any expenditures from the Capital Reserve Account and any such expenditures shall be subject to the approval of the County, which approval ++ill not be unreasonably . ithheld and shall be granted in accordance with the Capital Reserve Account Agreement. Any amounts remaining in the Capital Reserve .account at the expiration of the Term or earlier termination of this Agreement shall be paid to the County. The Dodgers shall be solely responsible for the cost of any Repairs or Replacements which exceed the Finds available in the Capital Reserve Account and any applicable available insurance proceeds from policies of insurance provided at the Dodgers' expense. Section 8.02 Contributions to the Capital Reserve Account. On or before March 31, 2001, or such later date as may be mutually agreed to by the parties, the County shall deposit into the Capital Reserve Account the sum of 52,000,000. Any part of said 52,000,000 that is not expended by the expiration of the Term or earlier termination of this agreement shall be paid to the County at such time Section 8 03 Facility Improvements The County and the Dodger agree that upon the completion of the "Improvements • listed in Exhibit B. hereto, and more specifically described in the Deevelopment Acreemenl, the Facility +ill he acceptable for use by the Dodgers as a Retained Spring Pace la of 27 https://ori.indian-river.org///DocumentIGetDocumentForPrintPNG/?request=AQAAANC. Page 14 of 29 0 a Na rn 0 0 cn co 0 5/25/2021 Page 15 of 29 Training Franchise Facility. The County shall pay for the Improvements, but its obligation shall be limited to providing Seven Million Dollars ($7,000,000) of net Bond proceeds, together with any portion of the Capital Reserve Account determined by the County and the Dodgers to be needed for such purpose. The Improvements shall be commenced and completed in accordance with the Development Agreement. The Dodgers shall (a) pay any additional costs ofthe Improvements beyond such S7,000,000 and the funds in the Capital Reserve Account, and (b) be solely responsible for the costs of any additional improvements voluntarily undertaken by the Dodgers at the Facility. Subject to the foregoing conditions, the Dodgers, with the assistance of the County as provided in the Development Agreement, shall cause the construction of the Improvements to be completed by February 15, 2002, or such later date as may be determined by the Dodgers with approval of the County, which approval shall not be unreasonably withheld. ARTICLE IX DOCUZ4ENTS AID CERTIFICATES Section 9.01. Documents. and Certificates_ Each party shall supply to the other such documents and certificates as are reasonably available or procurable, and necessary for the purpose of obtaining certificates from the State of Florida Office of Tourism, for the issuance of the Bonds, or for any other purpose reasonably related to the obligations of the parties hereunder, including, but not limited to, the County's funding or administration of this Agreement and ownership of the Facility, or to consummate the transactions described in this Agreement. ARTICLE X DEFAULT/REMEDIES Section 10.01. Dodgers' Default. The occurrence of anyone or more of the following events constitutes a "Default"' by the Dodgers under this Agreement.- (a) greement: (a) Failure by the Dodgers to observe or perform in any material respect any covenant, agreement. condition, or provision of this agreement, if such failure continues for thirty (30) days after written notice thereof has been delivered by the County to the Dodgers, provided, however, that the Dodgers shall not be in Default with respect to matters which cannot reasonably be cured within thirty (30) days so long as within such thirty (30) day period, the Dodgers commence such cure and diligently proceed to complete the same thereafter, (b) The levy upon. under execution or the attachment by legal process, the Dodgers' interest hereunder, or the filing or creation of a lien in respect of such interest, — %%hich levy, attachment. or lien is not released. discharged or bonded against within one Nip hundred eight- (1 80) days from the date of such filing. -70 0 cn cA Page 15 of 27 https://ori.indian-river.org///Document/GetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 16 of 29 (c) The Dodgers are finally adjudicated insolvent or bankrupt or admit in writing their inability to pay their debts as they mature, or make an assignment for the benefit of creditors, or apply for or consent to the appointment of a trustee or receiver for the Dodgers or for the major part of their property; (d) A trustee or receiver is appointed for the Dodgers or for the major part of their property and such trustee or receiver is not discharged within one hundred eighty (180) days after such appointment; (e) Bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or any other proceedings for relief under any bankruptcy law, or similar law for the relief of debtors, are instituted by or against the Dodgers, and, if instituted against the Dodgers, are allowed against them or are consented to by them or are not dismissed within one hundred eighty (180) days after such institution, to the extent permitted by law; or (f) The Dodgers are in default under the Development Agreement and such default continues for thirty (30) days after written notice thereof has been delivered by the County to the Dodgers; provided, however, that the Dodgers shall not be in Default :with respect to matters which cannot reasonably be cured within thirty (30) days so long as within such thirty (30) day period, the Dodgers commence such cure and diligently proceed to complete the same thereafter_ If a Default incurs, tilc Cllllnty dial lia: a Ute fliiiS drid rem. cd te5 Sci lurth Iii ills Ar'rccLi%Pu, :+'iiCli shall be distinct, separate, and, to the extent not mutually exclusive, cumulative, and shall not operate to exclude or deprive the County of any other right or remedy allowed it by law or equity. Section 10.02. County Default. In the event of any failure by the County to observe or perform any material covenant, agreement, condition, or provision of this Agreement wherein the Dodgers' remedies on account thereof are not otherwise specifically provided for in this Agreement, and if such failure shall continue for thirty (30) days after notice thereof has been delivered by the Dodgers to the County, then the County shall be deemed to be in Default hereunder; provided, however, that the County shall not be in Default with respect to matters which cannot reasonably be cured within thirty (30) days so long as Within such thirty (30) day period. the County commences such cure and diligently proceeds to complete the same thereafter. Section 10.03. Rgmedie In the event of a Default by either party (other than a Cessation of Use by the Dodgers), the party not in Default shall be entitled, as a non-exclusive remedy, and in addition to or in lieu of an action for damages. to seek an injunction or decree for specific performance or equitable relief from a court of competent jurisdiction to enjoin or remedy the _ Default N ;T Ln OD N Page 16 of27 https://ori.indian-river. org///Document/GetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 17 of 29 Section 10.04. Cessation of Use by the Dodgers. If, at any time during the Initial Term (and not a Renewal Term), the Dodgers lose the right to own the Team, or to hold Spring Training Home Games in the Facility, or othenvise cease to conduct their spring training operations and/or Spring Training Home Games at the Facility, such event shall constitute a "Cessation of Use" of the Facility by the Dodgers. Notwithstanding anything to the contrary contained in this Agreement, a Cessation of Use of the Facility by the Dodgers shall entitle the County to terminate this Agreement by giving the Dodgers ten (10) days' written notice of termination. The Dodgers shall have ten (10) days after receipt of the aforementioned notice of termination to renounce the Cessation of Use by confirming to the County their intention to continue to use the Facility during the Initial Term as the spring training facility for the Team. A termination pursuant to the provisions of this Section 10.04 shall become effective upon the expiration of the Dodgers' ten (10) day cure period. Section 10.05_ Liquidated Damage. If this Agreement is terminated by the County during the Initial Term as the result of a Cessation of Use by the Dodgers, then the Dodgers shall pay to the County, as "Liquidated Damages" and in lieu of all other remedies and/or damages of any type which may be available to the County, the entire amount required by the County to defease or retire the Bonds, together with any fees, expenses and costs incurred by the County to so defease or retire the Bonds. Section 10.05. Repurchase By_Dodger s. If the Dodgers are required to pay the Liquidated Damages specified in 10.05, above, the Dodgers shall be entitled to repurchase the Facility (including the Land) from the County at a price equal to the Facility's then fait market value, less the amount of any Liquidated Damages paid by the Dodgers to the County hereunder. The then fair riiarket value of the Facility shall be calculated in accordance with the provisions set forth in Section 10.07, below. Section 10.07. Calculation of Fair -Mark -et Value. For purposes of a repurchase of the Facility by the Dodgers pursuant to this Agreement, the then fair market value of the Facility shall be determined by the following procedure: (a) The Dodgers and the County shall each select an independent M.A.I. appraiser. (b) The appraisers selec--ted by the Dodgers and the County shall then select a third appraiser known as the "Independent appraiser The Independent Appraiser shall determine the then fair market value of the Facility using the highest and best use method. 0 eV G'1 -zz O CJ7 m W Nee 17 of 27 https:Hori.indian-river.org///DocumentIGetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 18 of 29 ARTICLE XI ENFORCEABILITY Section 11.01. Binding Effect: EnforceabilitX. The terms and provisions set forth in this Agreement shall be binding and enforceable by and against the parties in accordance with the terms hereof. ARTICLE XII ASSIGNMENT{SUBLEASE Section 12.01. Assienment. This Agreement may not be assigned by either party without the prior written consent of the other party, except that this Agreement may be assigned by the Dodgers to any person or entity who acquires the Team (by any form of acquisition), with the approval of Major League Baseball, provided that any such assignee explicitly assumes in writing the Dodgers' duties and responsibilities under this Agreement (in which case the liability of the Dodgers shall cease with respect to liabilities accruing from and after such transfer). Section 12.02. Sublease. The Dodgers may sublease, at any time during the Term, any portion of the Facility, including, but not limited to, guest rooms, residential units, offices, practice fields, the clubhouse, weight room, and/or conference facilities located at the Facility_ All revenues derived from subletting any of the foregoing shall be retained solely by the Dodgers. Army such sublease shall remain subordinate to this Lease. ARTICLE XIII MISCELLANEOUS Section 13.01. Notices army notice required by or permitted under this Agreement shall be in writing and shall be deemed delivered when delivered by hand or by overnight delivery service, addressed as follows (or to such other address as a party shall inform the other party): If to the County. Indian River County 1840 26` Street Fero Beach, Florida 32960 Attention Countv administrator Phone (561)567-8000 Ext 1408 Fax 061)978-1822 _ N O Cn CO Pace IS of 27 https://ori.indian-river.org///Document/GetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 19 of 29 If to the Dodgers: Los Angeles Dodgers, Inc. Dodgertown P.O. Box 2887 Vero Beach, Florida 32961 Attention: Mr. Craig Callan Phone: (561)569-4900 Fax: (561)770-2424 Copy to: Los Angeles Dodgers, Inc. 1000 Elysian Park Avenue Los Angeles, California 90012 Attention: Santiago Fernandez, Esq. Senior Vice President & General Counsel Phone: (323) 224-1312 Fax: (323)224-1595 Section 13.02. Amendment. This Agreement may be amended only in writing executed by both parties. Section 13.03. Entire Agreement. This Agreement, including its exhibits, and the Project Documents constitutes the entire agreement between the parties and supersedes all prior or contemporaneous agreements (whether oral or written) between them. Section 13.04_ Governing Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Florida. Section 13.05_ Counte[par This Agreement may be executed in two or more counterparts which have been sigred and delivered by each of the parties (a party may execute a copy of this Agreement and deliver it by facsimile transmission; provided, however, that any such party shall promptly deliver an original signed copy of the Agreement). Section 13 06. Jurisdiction and Venue The exclusive, convenient, and proper venue for any legal proceeding, arising out of, or related to, this Agreement shall be Circuit Court for the Nineteenth Judicial Circuit, in and for Indian River County, Florida Division. Each party waives any defense, whether asserted by motion or pleading. that the Indian River Circuit Court is an improper or inconvenient venue Moreover, all parties to this Agreement, persons and entities alike, consent to the personal jurisdiction of the Circuit Court. Nineteenth Judicial Circuit, in and for Indian River County, and irrevocably waive any. objections to said jurisdiction. Section 13 07 Effective Date This Agreement shall be etTective on the date of delivery of this Agreement by the Escrow Agent in accordance with the Escrow Agreement Pace 19 of 27 https:Hori.indian-river.org///Document/GetDocumentForPrintPNG/?request=AQAAANC... 0 Na C1 c� CD c!t co Cn 5/25/2021 Page 20 of 29 Section 13.08. Time of Essence. Time is of the essence in the performance of this Agreement. Section 13.09. Damage to Property. The Dodgers shall not have any liability for loss or damage to property owned or leased or otherwise in the possession, control, or custody of the County, that is wrongly or incorrectly on the premises of the Facility, unless such damage is caused solely or partially by the Dodgers' negligence or willful misconduct, in which case the Dodgers shall be liable for only the portion so caused. Section 13.10. Consequential Damages. Under no circumstances shall either party or any of its subcontractors, suppliers and vendors be liable to the other party for any indirect, special, incidental, and/or consequential damages, including, but not limited to, loss of profits or interruption of business, whether such damages are alleged in tort, contract, indemnity, or otherwise, even if such party has been apprised of the possibility of such damages. To the extent permitted by law, each party hereby releases the other and its subcontractors, suppliers and vendors therefrom_ Section 13.11. Heading . The headings used herein are for convenience of reference only and shall not constitute a part hereof or affect the construction or interpretation hereof. Section 13.12. Severabili If any clause, provision, or section hereof is held illegal, invalid, or unenforceable by any court, the illegality, invalidity, or unenforceability of such clause, pro -vision or section shall not affect any of the remaining clauses, provisions, or sections hereof, and this Agreement shall be construed and enforced as if such illegal, invalid, or unenforceable clause, pro%ision or section had not been contained herein. Section 13.13_ Waiver. No failure on the part of any party to exercise, and no delay in exercising, and no course of dealing with respect to any right hereunder, shall operate as a waiver thereof, nor shall any single or partial exercise of any right hereunder preclude any other or further exercise thereof or the exercise of any other right or remedy provided at law or in equity, except as expressly set forth herein. Section 13.14. _TSrminoloAll personal pronouns used herein, whether used in the masculine, feminine, or neuter Bender, shall include the singular. Section 13 1 -5_ Third Pam- Beneficiarv. No person other than the Dodgers, the County, the Indemnified County Parties, the Indemnified Dodgers Parties, and the successors and assigns of such, shall have anv fights whatsoever under this aereement 0 Section l? 16 Radon Notice Chapter 88-28-5_ Lars of Florida. requires the following notice to be provided pith respect to the contract for sale and purchase of any building. or a rental agreement for anv building` and the parties hereto acknol%led;ge and confirm receipt of the folloti►ing v c� 0 u7 CO Page 20 of 27 https://ori.indian-river. org///Document/GetDocumentForPrintPNG/?request=AQAAANC... 5/2/2021 Page 21 of 29 "RADON GAS: Radon is a naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county health department." Section 13.17 Estoppel Certificates. At any time, within twenty (20) days after request by either party, the other party shall certify in writing to the requesting party, or any person specified by the requesting party, to the effect (a) whether this Agreement is unmodified and in full force and effect (or if there has been modification, that the same is in full force and effect as modified and setting forth such modification); (b) whether or not to the best of the other party's knowledge, the requesting party is in Default hereunder, and (c) any other information which the requesting party reasonably requests to be confirmed. ARTICLE XIV INDE'f\IFICATION AND INSURANCE Section 14.01. Indemnification by the Dodgers. To the fullest extent permitted by law, the Dodgers shall indemnify, protect, and hold the County and the City and their officers, agents, and employees, and each of their respective successors and assigns (collectively, the "Indemnified County Parties") harmless from and defend the Indemnified County Parties against any and all "liabilities'' (as hereinafter defined) for any `bodily injury" (as hereinafter defined) or "property damage' (as hereinafter defined) whatsoever arising out of or resulting from any Default by the Dodgers and/or occurring in, on, or about the Facility to the extent such injury or damage is caused by the Dodgers, or the Dodgers' agents, contractors or employees, but not to the extent caused by the negligence or Willful misconduct of the Indemnified County Parties. In the case of any action or proceeding being brought against the Indemnified County Parties by reason of any such claim, Dodgers, upon notice from the Indemnified County Parties, shall defend the same at the Dodgers' expense by counsel reasonably satisfactory to the County. Section 14 02 Indemnification by the Count To the fullest extent permitted by law, the County shall indemnify. protect, and hold the Dodgers and their officers, agents, and employees, and each of their respective successors and assigns (collectively, the "Indemnified Dodgers Parties") harmless from and defend the Indemnified Dodgers Parties against any and all "liabilities' (as hereinafter defined) for any -bodily injury" (as hereinafter defined) or "property damage' (as hereinafter defined) Whatsoever arising out of or resulting from any Default by the County and'or occurring in, on. or about the Facility to the extent such injury or damage is caused by the County, o or the Count}' s agents. contractors or employees. but not to the extent caused by the negligence or Willful misconduct of the Indemnified Dodders Parties In the case of am- action or proceeding being t- brought against the Indemnified Dodgers Parties by reason of any such claim, the County. upon y notice from the Indemnified Dod<<ers Parties, shall defend the same at the County .s expense by =� counsel reasonably satisfactory to the Dodecrs Cn co v Page 21 of = https:Hori.indian-river.org///Document/GetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 22 of 29 Section 14.03. Definitions. As used in this Agreement, "liabilities" shall mean all liabilities, claims, damages (excluding consequential damages), losses, penalties, litigation, demands, causes of action (whether in tort or contract, in law or equity or othenvise), suits, proceedings, judgments, disbursements, charges, assessments, and expenses (including reasonable attorneys' and experts' fees and expenses incurred in investigating, defending, or prosecuting any litigation, claim or proceeding whether out of court, at trial or in any appellate or administrative proceeding). "Bodily injury" means bodily injury, sickness or disease sustained by a person, including death resulting from any of the foregoing. "Property damage" shall mean physical injury to tangible property, including all resulting loss of use of that property, or loss of use of tangible property that is not physically injured. Section 14.04. Independent Provisions. The provisions of Sections 14.01 through 14.03 are independent of, and will not be limited by, any insurance obligations in this Agreement, and shall survive the expiration or earlier termination of this Agreement with respect to any claims or liability arising in connection with any event occurring prior to such expiration or termination. Section 14.05. insurance. Commencing upon the Effective Date and throughout the remainder of the Term and any renewals thereof, the Dodgers shall maintain, at their sole cost, the following insurance: (a) A commercial general liability insurance policy in an occurrence form covering the insured against all bodily injury and property damage liability that may rise or be claimed due to the Dodgers' use of the Facility in a minimum amount of coverage of One Million Dollars (S1,000,000) for injuries to persons in one accident, One tiiriiion Dollars (S 1,000,00" for injuries to any one person and One \Million Dollars (S1,000,000) for damages to property. The commercial general liability insurance policy in an occurrence form shall also include contractual liability coverage including a Broad Form Endorsement covering the insurance provisions of this Agreement and the performance by the Dodgers of the indemnification provisions set forth in this Agreement. (b) Special forst (all risk) property insurance covering (1) the Facility, including, but not limited to, any additional improvements undertaken by the Dodgers, in an amount not less than one hundred (100°0) percent of their actual replacement costs from time to time existing during the Term of this Agreement, providing protection against any peril included within the classification "all risks' of physical loss or damage, together with insurance against sprinkler damage, vandalism, malicious mischief, and water damage of any type and theft. The proceeds of such irLstrance shall be used for the repair or replacement of the property so insured Pave 22 of " , J .v G'7 J cn co 00 https://ori.indian-river.org///Document/GetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 23 of 29 (c) All of the insurance policies required under Sections 14.05(a) and 14.05(b), above, shall be effected from insurance companies recognized by and licensed in the State of Florida, and provide a Notice of Cancellation or material Coverage Change provision of thirty (30) days' notice in favor of the County. The Dodgers shall provide the County and the City with a duly executed Certificate of Insurance for each such policy. The Dodgers shall maintain the Certificate of Insurance on file with the County at all times during the Terni. The policies required under Sections 14-05(a) and 14.05(b), above, shall name the County and the City as an additional insured. (d) If the Dodgers fail to famish the Certificate(s) of Insurance as required above, the County may, after notice and an opportunity to cure as set forth in this Agreement, obtain the insurance, and the premiums on that insurance shall be deemed additional rent to be paid by Dodgers to the County on demand. Dodgers shall be responsible for securing, at their own expense, whatever insurance coverage they may desire on the contents of the Facility. All Certificates of Insurance required by this Lease shall be provided on a standard ISO form. (e) Any insurance required of the Dodgers under this Agreement may be furnished by the County under a blanket policy so long as and provided such policy. - (1) complies with all other terms and conditions contained in this Agreement-, and (2) contains an endorsement that identifies with specificity the particular address of the Facility as being covered under the blanket policy. ARTICLE XV FORCE MAIEI,RE Section 15.01. Force Majeure Event. Should any fire or other casualty, act of God, earthquake, flood, hurricane, lightning, tomado, epidemic, landslide, war, riot, civil commotion, general unavailability of materials, strike, slowdown, labor dispute, governmental laws or regulations, or other occurrence beyond the Dodgers' or County's control ('Force Majeure Event") prevent performance of this agreement in accordance with its provisions, performance of this Agreement by either part shall be suspended or excused to the extent commensurate with such occurrence, except as specifically provided herein Section 15 02 Partial Destruction In the event of a partial destruction of the Facility, if Dodgers detemtir:e. at their sole discretion, that the undamaged portion of the Facility is still suitable for their spring training operations_ then this agreement shall continue in full force and effect with C) no adjustments in the obligations of the parties, and the Dodgers shall restore the Facility as soon as ._ posgble from the insurance proceeds or the Dodgers' own funds v rn J Cn CD kD Page 23 of 27 https:Hori.indian-river.org///Document/GetDocumentForPrintPNG/?request=AQA AANC... 5/25/2021 Page 24 of 29 Section 15.03. Facile Not Suitable for Use. In the event of total or partial destruction or damage of the Facility, if the Dodgers determine at their sole discretion that the Facility is not suitable for their spring training operations and/or cannot be used as the venue for their Spring Training Home Games, then this Agreement shall be suspended immediately until the Facility is repaired. Within twelve (12) months of the event of such total or partial destruction or damage, the Dodgers, with assistance of the County, but not at County expense, shall begin to repair or rebuild the Facility using the proceeds from the property insurance for that purpose and shall diligently pursue such repair or rebuilding until completed. Once the Dodgers contract with an Architect or an Engineer or Design Build firm to draw plans for the repair or rebuilding of the Facility, the Dodgers shall be deemed to have begun the repair or rebuilding of the Facility. This Agreement shall continue to be suspended until the Facility is suitable for the Dodgers' spring training operations and as a venue for their Spring Training Home Games. ARTICLE XVI ADDITIONAL IMPROVEs4ENTS Section 16.01. Improvements. The Improvements, generally described in Exhibit B, shall be contracted in accordance v+ith and pursuant to the Development Agreement. Notwithstanding the foregoing, the County hereby acknowledges that the Dodgers may desire to modify the Improvements described in Exhibit B (e.g., to add new housing units). Accordingly, the County shall approve any modifications to the Improvements hereafter requested by Dodgers so long as such modifications are designed to enhance the Facility and make it more useful to the Team and the Dodgers. Section 16.02. Additional Improvements. Nothing contained in this Agreement shall restrict or prohibit the Dodgers from making improvements to the Facility which are not described as 'Improvements' hereunder or in Exhibit B,- provided that the Dodgers shall notify the County of such additional improvements before the Dodgers undertake to make them. ARTICLE XVII ZO\ING A\D PERMITTING Section 17.01. 'Zoning and Permitting. It shall be the sole obligation of the Dodgers, with assistance from the County, but not at County expense, to obtain any permits and'or zoning changes which may be required to construct the Improvements and any additional improvements which the Dodgers may hereafter desire to make to the Facility The County, acting solely in its capacity as the fee owner of the Land, shall cooperate with the Dodgers as may be reasonably required, to enable the Dodgers to obtain any permits ardor zoning chances for the Improvements and any additional improvements. including. but not limited to, by joining in any applications for such permits and'or `. zoning changes v c-� cn +a Page 24 of 27 https:Hori.indian-river.org///DocumentIGetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 25 of 29 ARTICLE XVIII CONSENTS AND APPROVALS Section 18.01. Granting or Failure to Gran Approvals or Consents. All consents and approvals which may be given by a party under this Agreement shall, as a condition of their effectiveness, be in writing. The granting by a party of any consent to or approval of any act requiring consent or approval under the terms of this Agreement, or the failure on the part of a party to object to any such action taken without the required consent or approval, shall not be deemed a waiver by the party whose consent was required of its right to require such consent or approval for any other act_ Section 18.02. Standard. Unless this Agreement specifically provides for the granting of consent or approval at a party's sole discretion, then consents and approvals which may be given by a party under this Agreement shall not (whether or not so indicated elsewhere in this Agreement) be unreasonably withheld or conditioned by such party and shall be given or denied within the time period provided, and if no such time period has been provided, within a reasonable time. Upon disapproval of any request for a consent or approval, the disapproving party shall, together with notice of such disapproval, submit to the requesting party a written statement setting forth with specificity its reasons for such disapproval. Section 18.03. Deemed Approval. (a) If a party entitled to grant or deny its consent or approval (the "Consenting Party") within thirty (30) days (or a shorter specified time period) fails to do so, then, provided that the request for consent or approval bears the legend set forth below in capital letters and in a type size which is not less than that provided below, the matter for which such consent or approval is requested shall be deemed consented to or approved, as the case may be. "FAILURE TO RESPOND TO THIS REQUEST WITHIN THE TIME PERIOD PROVIDED IN THE FACILITY LEASE AGREEMENTI' BETWEEN I\'DIAN RIVER COUNTY AND LOS ANGELES DODGERS, INC. SHALL CONSTITUTE AUTOMATIC APPROVAL OF THE MATTERS DESCRIBED HEREIN WITH RESPECT TO SECTION [] OF -SUCH FACILITY LEASE AGREEMENT." Section 18 04 Approvals for the County The County hereby agrees that, subject to applicable law sand reputations, the County Administrator (or the County Administrator's authorized � designee) shall be authorized to grant consents or approvals on behalf of the County with respect to —_ this agreement 4 b 0 cn Page 2; of 27 https://ori.indian-river. org///Document/GetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 26 of 29 Section 18.05. No Fries. etc. Except as otherwise expressly authorized in this Agreement, no fees or charges of any kind or amount shall be required by either party hereto as a condition of the grant of any consent or approval which may be required under this Agreement (provided that the foregoing shall not be deemed in any way to limit the County acting in its governmental, as distinct from its proprietary, capacity from charging governmental fees on a nondiscriminatory basis). IN WITNESS THEREOF, the undersigned have executed this Agreement as of the day and year first above written. [Seal] Date: ( 1- ! - 'f'0 STATE OF FLORIDA ) )ss: COUNTY OF INDIAN RIVER ) INDIAN RIVER COUNTY, FLORIDA, ASLESSOR By Its: Chairman Attest. Clerk APPRO\rE-D'A52.6FORM AIND LEGAL SL;FFICIENCY By: County Attorney The foregoing instrument was acknowledged before me this 7 rn day of ;t N AL %- , =00o. bv -I,e , ; %e- A-I.L: . as Chairman of Indian River County-, Florida, a political subdivision of the State of Florida, on behalf of such political subdivision. She is personally known to me or produced a valid drivers license as identification. Notary Public ' — Print Name LF :. • • i�, v My commission expires � !c � c7 Cn/� L F: ly i1 ".i.J N Pa.ze'_6 of 27 https:Hori.indian-river. org///Document/GetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 elit' Date: . �7�j /Dv STATE OF tekli Lr•n: ) )ss: COUNTY OF ) LOS ANGELES DODGERS, INC., AS LESSEE Page 27 of 29 - ell t' 9 -a1 Cow,s._i The foregoing instrument was acknowledged before me this I— day of 2000, by 8.-1;,gn Vg_rw dry , as, .A+4 L of Los Angeles Dodgers, Inc., a Delaware corporation, on behalf of such corporation. He is personally kno%%m to me i%'A DJENAS Com'^ss'onf k -44M I Notary Public No:ay R.bGc - Cofifortin Print Name_ Trm Qsa S Los Mgeles Cau5epttitr rWCa_ EVh3430 'My commission expires: EXHIBITS: Exhibit A Legal Description of Land Exhibit B Description of Improvements to the Facility. Page 27 of 27 https://ori.indian-river.org///Document/GetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 EXHIBIT "A" PARCEL 1-C A PARCEL OF LAND LYING IN SECTION 3, TOWNSHIP 33 SOUTH, RANGE 39 EAST, INDIAN RIVER COUNTY, FLORIDA. BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEAST CORNER OF SECTION 3, TOWNSHIP 33 SOUTH, RANGE 39 EAST, PROCEED NORTH 89°45'39" WEST, A DISTANCE OF 1997.62 FEET TO A POINT; THENCE SOUTH 04°15'11" WEST, A DISTANCE OF 30.07 FEET TO A POINT ON THE WESTERLY RIGHT-OF-WAY LINE OF AIRPORT DRIVE (A/K/A 34`'AVENUE, A 90 FOOT RIGHT-OFAVAY) SAID POINT BEING THE POINT OF BEGINNING; THENCE CONTINUE ALONG SAID WESTERLY RIGHT-OF-WAY LINE SOUTH 10036'49" WEST, A DISTANCE OF 37.55 FEET TO THE POINT OF CURVATURE OF A TANGENT CURVE, CONCAVE TO THE WEST, HAVING A RADIUS OF 1125.14 FEET AND A CENTRAL ANGLE OF 09°30'08"; THENCE SOUTH ALONG SAID CURVE, A DISTANCE OF 186.60 FEET; THENCE SOUTH 20006'57" WEST, A DISTANCE OF S2.11 FEET TO THE POINT OF CURVATURE OF A TANGENT CURVE, CONCAVE TO THE EAST, HAVING A RADIUS OF 1825.56 FEET AND A CENTRAL ANGLE OF 19'54'25'; THENCE SOUTH ALONG SAID CURVE, A DISTANCE OF 634.38 FEET; THENCE SOUTH 000 1232" NEST, A DISTANCE OF 55.06 FEET TO A POINT ON THE NORTH RIGHT-OFAVAY LINE OF INDIAN RIVER FART IS DRM% NAGE DISTRICT :;AIN CANAL (300 FOOT RIGHT-OF-WAY); THENCE ALONG SAID NORTHERLY RIGHT-OFAVAY LINE SOUTH 69022'53" WEST, A DISTANCE OF 4S2.50 FEET; THENCE NORTH 15050'35" WEST, A DISTANCE OF 50.17 FEET TO A POINT 50.00 FEET NORTH OF AFORESAID \LAIN CANAL NORTH RIGHT-OF-11'AY LINE; THENCE SOUTH 69022'53 WEST ALONG SAID LINE PARALLEL AND 50.00 FEET NORTH OF SAID MAIN CANAL NG2TH RIGHT-OF-WAY LINE, A DISTANCE OF 1001.21 FEET; THENCE NORTH 18'1.5'26" WEST. A DISTANCE OF 386.46 FEET; THENCE NORTH 63°53'04" WEST. A DISTANCE OF 476.06 FEET; THENCE NORTH 89'45'39" WEST, A DISTANCE OF 414.56 FEET; THENCE NORTH 00'14'21" EAST, A DISTANCE OF 576.82 FEET TO A POINT 30.00 FEET SOUTHERLY OF THE NORTH LINE OF SECTION 3. T0N1'\SHIP 33 SOUTH. RANGE 39 EAST; THENCE SOUTH 89°45'39" EAST ALONG LINE BEING 30.00 FEET SOUTHERLY OF A\D PARALLEL WITH SAID SECTION LINE, A DISTANCE OF 2557.93 FEET TO THE POINT OF BEGINNING. Page 28 of 29 https://ori.indian-river.org///Document/GetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021 Page 29 of 29 E.YHIBIT B Los Angeles [lodgers - Fero [leach, Florida Opinion of Probable Baseball lmpro% menu Costs per deGuardiola Conceptual Master Plan - July 13, 2000 Concept No. 2 (Revised) f i HEN I OVA.ITITF I C_P_ 1 AMOUNT I .J.slinor League Operations — z Full Fields - sand based imphori surface, sub -surface drauta¢c 2 S 400,000] S 800,0()() ! RIf Field - sand based. lrncatmr, surfamsub-sulfate dlaina¢e —_ i S 150,000 S 150,0611 New Outdoor Banmg Cages 8 S 7,500 S 60.000 Observation Tower! Restroouu Lump Sum a a S 150,000 Existine Structure Modifications _Lamp Surn n.•a S 750,000 General'Sitework Lump Sum n.a S -7+S.CC% _ "Subtotal A.iS 2,645,0110 ~"Excludes Load Ac uisition Casa 1 1 B. Major League Operations Full Fields (E)dstin ' - Im rovements' Hud et 2 S 250,000 S 500,000 Half Field (Euisti.nu' - Lm riivements Budget 1 S 100,000 S 100.000 Co-.ered Batting Structure Lump Sum IL4 S 400,000 (General Sitewolit Lump Sum ma is 375,000 I Subtotal B. $ 1375.000 C. Holman Field Re lace Piatiw Field ILwrpSurn na S 500,000 tGeneral Sitmork L un Sutn I aa 5 500,000 i W&mine T lack Drains c ln, ro,6ements 1 '.-um Sum aa I S :OO�OOQ 1► 1 N1:5c Stadium Repairs iryc. Pass Bor impraLemuus LumpS•:rn a a i C 150,000 aradc Exisune Maintenance Building Lcmv Sum aa IS 100.000 Clubhouse FacdiTv Lump sum n a Is 2,000,000 I I 1- I Subtotal C `- t ^ S 3.340,0017 Imo` �r�iarn+mrmch kd:n FF d EC:+rurryecncy ( ( t i 1 I 1 _ �w— -- -- .. SliBTOTAL.1i !- — is i r 2,:70.000 I i 1'7A Mtn IU`o >WI It Lis l°I,1W% P1 e l VOLLUiCali i — '•[OfA[.1 I S 8.844,0001 F alludes Land .{cquisixioc (.oan S6SO�o9ZIIUD https:llori. indian-river. org///DocumentIGetDocumentForPrintPNG/?request=AQAAANC... 5/25/2021