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SECOND AMENDMENT TO LEASE AGREEMENT - CARPENTER COMPLEX , v. ./;)~;j I I ..Jo. t , SECOND AMENDMENT TO LEASE AGREEMENT RELATING TO CARPENTER COMPLEX This Second Amendment to Lease Agreement is dated this 3rd day of August, 1989, by and between the City of Clearwater, Florida, a municipal corporation located in Pinellas County, Florida (the "City"), and The Phillies, a Pennsylvania limited partnership whose principal office and mailing address is at Veterans Stadium, P.O. Box 7575, Broad Street and Pattison Avenue, Philadelphia, Pennsylvania 19101 (the "Club"). The parties, in cons i derat i on of the mutual covenants and promi ses set forth below, agree as follows: 1. This Second Amendment modifies the Lease Agreement Relating to Carpenter Complex which was entered into between the parties on January 28, 1987 and subsequently modified on October 21,1987 (herein, the "Lease Agreement"). Except as expressly modifi ed herei n, all other terms of the Lease Agreement remain in full force and effect. 2. Section 1 of the Lease Agreement is amended by extending the minimum term thereof so that it shall end on December 31,2002. Thereafter, the Lease Agreement shall be automat i ca lly extended on a yea r-to-year bas is, unless terminated as provided in Section 1 of the Lease Agreement, as of any December 31 starting with the year 2002. 3. The City agrees to effect the improvements related to Jack Russell Stadium and the Carpenter Field Complex described in Exhibit 1 hereto (the "Improvements") on the following terms and conditions: a. The City shall effect the Improvements in a good and workmanlike manner. b. The Ci ty shall use its best efforts to complete the Improvements prior to February 1, 1990 and believes that it can do so, subject to delays resulting from strikes, fire, flood, hurricanes, high winds, civil j J'_' 1 I I '. , - materials necessary to effect the Improvements and does not include any salary or other overhead expenses whatsoever of City personnel in any way involved in effecting the Improvements, provided that the City shall be credited as "spending" the cost to City of any City-owned materials and the hourly wages of any City employees used to perform the work, in cases where City can demonstrate that the use of such materials and employees is no more costly than procuring the same from unrelated third parties. d. The City shall provide to The Phillies, within twenty working days following the end of each month between the date hereof and the date of the completion of all of the Improvements and of any additional improvements pursuant to paragraph 4 below, an accounting certified by its chief financial officer enumerating with particularity the out-of-pocket expenses incurred by the City in compliance with the terms of this agreement. 4. It is the expectation of both parties that the Improvements can be effected by the City in accordance with paragraph 3 above (and the comparable provisions of Second Amendment to Lease Agreement Relating to Jack Russell Stadium of even date herewith) for less than $800,000. In that event, the City shall use the balance to effect, on the same basis, such additional improvements related to Carpenter Field and/or Jack Russell Stadium as may be reasonab ly requested by The Phill i es. If, however, the Improvements cannot be so effected within the $800,000 limit, then the City will so advise The Phillies as soon as it so determines and afford The Phillies the right either to direct which Improvements will be foregone or scaled back to effect the needed saving and/or The Phillies will agree to pay all or part of the shortfall beyond the City's $800,000 commitment. 5. All of the provi si ons of the Lease Agreement, i ncl udi ng without limitation the provisions relating to maintenance, repair and restoration in Sections A(4) and B(5) and relating to insurance in Section C(2) and relating to termination in Section C(l1) shall apply to the Improvements to Carpenter I (. 1 ", I I . ' shall provide all necessary civil engineering and construction supervision services 7. This Agreement shall constitute the written consent of the parties to he effecting of the Improvements contemplated hereby, as required by Section C(8) of the Lease Agreement. IN WITNESS WHEREOF, the parties hereto have set their hands and seals the day and year first set out above. Countersigned: CITY OF CLEARWATER, FLORIDA By: --fiit ~ BL~ Ron H. Rabun City Manage r Rita arvey Mayor-Commissioner Approved as to form and correctness: Attest: ~ c . ..' "~'" !J'~ (vJ-(A.~t " -' '-c='~~' \ ,Cynthj.a ?oude~u::= " ". CU;)L 'Cl erk :' '_ TH E PHI L LI E S ~i~t~ President & General Partner By: Attest: 'iLMl/ JJ.~ fA.e <t) Joann Wilke.s Notary, . NOTARIAL SEAL . JO~NN WilKES. NOTARY PUBLIC PHILA~'" "HILADELPH MY C ,;, - .,., , fA COUNTY _~I~ -,.:',)i. EXPIRES APRil 26, 1993 M;'" .... .... . I ' ~t,,,,,,, ,3nr,,,y vania AssociaUon of Notaries ~ l"'~' "~ I I .. . , EXHIBIT 1 The specifi c improvements to be made by the City are 1 i sted below v.Jith their estimated costs. 1. EXPANSION OF BLEACHER SEATING AT JACK RUSSELL STADIUM: $350,000. Remove and donate to the City the existing 800 bleacher seats along the left field line. Remove and relocate batting cages, currently located along the right field line inside the stadium, to a location outside the stadium walls. Extend bleacher seating, complete with backs and arm rests, in a cross- sectional configuration similar to that of the existing stadium. It is anticipated that at least 2,700 seats, less the 800 deleted existing bleacher seats, can be added. Total available seating would be at least 7,000. 2. CONCESSION STANDS AND REST ROOM FACILITIES AT JACK RUSSELL STADIUM: $200,000. Construct new concession stands under proposed bleacher expansions, renovate existing concession stands as necessary, renovate and increase the size of the existing ladies rest room and renovate the existing men's rest room. Construct new rest rooms under the proposed bleacher expansion. 3. VISITORS CLUBHOUSE AT JACK RUSSELL STADIUM: $150,000. Construct new visitors clubhouse to include umpires' dressing room and, if desired by the Club, additional office space. 4. STORAGE AT JACK RUSSELL STADIUM: $10,000. Construct approximately 500 square feet of storage space under the new seating near The Phillies clubhouse. 5. BOLLARD FENCE AT JACK RUSSELL STADIUr~: $4,000. Construct bollard fence around existing parking lot. 6. CARPENTER FIELD BLEACHERS: $8,000. Purchase and install eight sets of 50 seat aluminum bleachers for Carpenter Field. 7. CONTINGENCY: $78,000. Balance available for contingencies or for use as contemplated by paragraph 4 of this Second Amendment to Lease Agreement