ORDINANCE 2015-781Development Agreement • October 19th, 2020
Contract Type FiledOctober 19th, 2020AN ORDINANCE MAKING CERTAIN FINDINGS AND AUTHORIZING THE MAYOR, OR HIS DESIGNEE, AND CORPORATION SECRETARY TO EXECUTE AND DELIVER: (1) AMENDMENT NUMBER 14 TO THE LEASE BETWEEN THE CITY OF JACKSONVILLE AND THE JACKSONVILLE JAGUARS, LLC (“JJL”), (AMENDMENT No. 14) WHICH AMENDMENT NO. 14 PROVIDES FOR THE DESIGN, CONSTRUCTION, OWNERSHIP, USE, MANAGEMENT, OPERATIONS, COSTS, AND FINANCING OF THE EAST AND WEST CLUB DECK INSTALLATION AND CLUB SUITE IMPROVEMENTS, AS DEFINED IN AMENDMENT NO. 14, AT EVERBANK FIELD (THE “CLUB IMPROVEMENTS”); (2) A DEVELOPMENT AGREEMENT BETWEEN THE CITY AND JJL FOR THE CONSTRUCTION OF A COVERED FIELD FOOTBALL PRACTICE FACILITY (THE “COVERED FIELD”), WHICH DEVELOPMENT AGREEMENT INCLUDES A RELATED LEASE AGREEMENT BETWEEN THE CITY AND JJL FOR THE USE OF THE COVERED FIELD ATTACHED THERETO AS AN EXHIBIT; AND (3) A DEVELOPMENT AGREEMENT BETWEEN THE CITY AND AMERICAN THUNDER, LLC (“AMERICAN THUNDER”) FOR THE CONSTRUCTION OF AN OUTDOOR AMPHITHEATER (THE “AMPHITHEATER”) AND