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LETTER OF UNDERSTANDING IN RELATION TO SPORTS FACILITY USE AGREEMENT s ,R v, s v 1" F F July 18, 2012 Mr. John Timberlake lake Philadelphia hilli Director of Florida Operations 601 Old Coachman Road Clearwater, FL 33765 Letter of Understanding Between City of Clearwater and Philadelphia Phillies in Relation to i i Agreement Dear Mr, Timberlake: This Letter of Understanding between r. John Timberlake, representative for the Philadelphia Philli ("R illi ") and the City of Clearwater ("City") is in regard to clarification of Section 5-4 Partnership Everts and Section 7.1 Revenues from Partnership Events & Civic Events in the Sparta facility Use r m nt, dated December 31, 2000. First, it is understood that after several attempts by the city and Phillies to partner and conduct special everts not related to baseball, with limited success with the exception of graduation everts and other related baseball events. Second, due to resource reductions arid need for City staff to focus on producing. and recruiting fewer special everts, the Phillies and City recognized need to employ a Special Events Coordinator rdinator f cured on Bright House Fi [d. This person is mpl d by the Phillies to coordinate special everts for the Phillies as well as be the coordinator with the City in partnership events. Third, the City and Phillies will share equally in paying the salary of this individual contingent on the City's ability to make enough fUnds through the partnership to cover said portion. In case there is a shortfall in shared revenue needed' to pay the salary, the 1=ghillies will be responslNe to cover the balance. Fourth, Section 7.1 in part states that the City and Phillies will share equally in events (50/50). However, the City and Phillies agree that for certain events depending upon the work involved in the event the net revenue may be distributed in different proportions. Thus, it is agreed that the City shall receive a minimum of 25% of net revenue from the Big East Tournament, held annual y at Bright House Field, These funds writ be used in part to fund the City's share af the 50% salary. I arn enclosing two (2) original copies of this document, I would appreciate it if you would please sign one (1) ref these originals and return to me for our records- Please contact me if you have any questions or concerns relative to this nnafter. Sincerely, Kevin E, Dunbar Director, Parks and Recreation IDepartment /dsr I agree with this Letter of Understanding and will abide by the terrns and responsibilities as outfitted, KU Dunbar ohn Timberlake Director, Parks and Recreation Departrnent Director of Florida Operations