HomeMy WebLinkAboutSubmittal-Condition Subsequent DocumentNew Paragraph 10.
Condition Subsequent: The City, the County and the Team agree that the funding
commitments to the PAC, as set forth in this Agreement and in the First Amendment to
OMNI CRA Interlocal, and to the New Orange Bowl, as contemplated herein, shall be
void unless a binding agreement for the Baseball Project (the "Baseball Stadium
Agreement") containing the following provisions is executed:
a. Total project cost is $515 million
b. Team's contribution shall not be less than $155 million
c. Team will not request more than 6,000 parking spaces at the New Orange
Bowl Site.
d. The Team, the County and the City will act in good faith and will be
reasonable in negotiating the Baseball Stadium Agreement.
,uBMITTED INTO THE
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