Professional Documents
Culture Documents
The Council as a Whole offers the second amendment to File No. 2013-694: 1! "n #a$e 1% lines 6-31% and #a$e 2% lines 1-31% and #a$e 3% lines 1-31% and #a$e 4% lines 1-31% and #a$e &% lines 1-2'% strike all lines in their entiret( and insert the follo)in$: *+N ",-.N+NC/ +0T1",.2.N3 +N- -.,/CT.N3 T1/ 4+5", +NC",6",+T."N 7/C,/T+,5 T"
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o)ner of that certain facilit( currentl( Dno)n as */EerFanD 7tadium%> and the Cit( leases /EerFanD 7tadium to <acDsonEille <a$uars% 99C% successor F( )a( of assi$nment from <acDsonEille <a$uars% 9td. <a$uars NF9 *<<9>!% for its o#eration of the <acDsonEille footFall team% #ursuant to the terms and
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conditions
set
forth
in
that
certain
lease
Fet)een
the
6roGect% as contem#lated F( +mendment No. 12? and WHEREAS, /Eer;anD Field is one of <acDsonEilleAs most im#ortant economic deEelo#ment assets? and WHEREAS, the #ro#osed enhancements )ill maDe our
National FootFall 9ea$ue stadium a )orld-class facilit( and enhance the fan eH#erience for those )ho cheer on the <a$uars and come here for the Florida-3eor$ia $ame% TaHsla(er.com
3ator ;o)l and other maGor eEents? and WHEREAS, the #ro#osed enhancements )ill #ut /Eer;anD
Field in a #osition to attract additional maGor eEents to <acDsonEille and )ill hel# reEitaliIe -o)nto)n? and WHEREAS, the 6roGect )ill si$nificantl( stren$then the TaHsla(er.com 3ator ;o)lAs #rofile )ithin the colle$e Fo)l s(stem and #osition <acDsonEille Eer( faEoraFl( in the
discussion of future sites for colle$e #la(off footFall $ames? and WHEREAS, the estimated cost of the 6roGect is 7iHt(Three 4illion "ne 1undred and Nine Thousand -ollars
to Fe a not-
to-eHceed amount of Fort(-Three 4illion "ne 1undred and Nine Thousand -ollars @43%109%000! the *Cit( ContriFution>! and
<<9As estimated contriFution is estimated to Fe T)ent( 4illion -ollars a$rees @20%000%000! to #roEide from a the *<<9 ContriFution>!? and the Cit( the initial term fundin$ financin$ for the Cit( the
contriFution
short
facilit(
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*Notes>!% #ursuant to the terms and conditions set forth in the #ro#osed T)elfth +mendment to 9ease? and WHEREAS, u#on suFstantial com#letion of the 6roGect%
Cit( intends to refinance the Notes )ith fiHed rate deFt% FacDed F( a #artial #led$e of the ConEention -eEelo#ment
TaHes% #ursuant to the terms and conditions set forth in the #ro#osed T)elfth +mendment to lease? and WHEREAS, the Cit( desires to aEoid an( increased Furden on taH#a(ers? and WHEREAS, the Cit( desires to finance the Cit(
ContriFution in a )a( that )ill not affect the $eneral fund Fud$et )hich #roEides im#ortant serEices liDe #uFlic safet(% #arDs% and liFraries? and WHEREAS, the Cit( desires to use an eHistin$ fundin$ source alread( Fein$ directed to the stadium for im#roEements? no) therefore BE IT ORDAINED F( the Council of the Cit( of
<acDsonEille: 7ection 1. Cor#oration Amendment are to hereF( Le se. The 4a(or to and
7ecretar(
authoriIed
eHecute
+mendment No. 12 to 9ease F( and Fet)een Cit( of <acDsonEille and <acDsonEille hereto <a$uars% as Second 99C% in suFstantiall( E"#i$it 1% the form as
attached
Re!ised
laFeled
*7econd ,eEised /HhiFit 1% 7econd ,eEised +mendment No. 12 9ease% NoEemFer 12% 2013 J Council of the Whole>. Section %. A&t#ori'in( t#e Borro)in( nd
A**ro*ri tion o+ ,&nds +or O$-i( tions in Amendment No. 1%. Restor tion o+ ,&nds. @43%109%000 under its The Cit( is hereF( authoriIed to Forro) Commercial - 4 6a#er Facilit( and such
Forro)ed
funds
are
hereF(
a##ro#riated to the
to
#a( as
the
Cit(As in
oFli$ations
)ith
res#ect
6roGect%
#roEided
+mendment No. 12. 0#on suFstantial com#letion of the 6roGect% Cit( shall refinance the Notes )ith fiHed rate deFt% FacDed F( a #artial #led$e of the ConEention -eEelo#ment TaHes
sufficient to coEer annual deFt serEice on the scoreFoard and N/2 im#roEements% #ursuant to the terms and conditions set forth in the #ro#osed T)elfth +mendment to lease. /&r*ose o+ a##ro#riation 6roGect. in **ro*ri tion. 2 is to o+ The #roEide Section .. of for the the The
#ur#ose fundin$
7ection
Section 0.
W i!er
/&rc# sin(
Code.
#roEisions of Cha#ter 126% "rdinance Code% are hereF( )aiEed% eHce#t that this section shall not )aiEe an( #ortion of
Cha#ter 126% "rdinance Code% #ertainin$ to the /Kual ;usiness "##ortunit( #urchase 6ro$ram. Further% items the Cit( is authoriIed the to
directl(
certain
s#ecified
in
#ricin$
#ro#osals for the construction materials and im#roEements for the 6roGect. F( the Chief 7aid items to Fe #urchased shall Fe determined 6urchasin$ "fficer )ith the adEice of the
-irector of 6uFlic WorDs in accordance )ith 7ection 6 of this "rdinance. Section 1. Re2&irements +or Items to $e /&rc# sed.
WheneEer items to Fe used in such construction #roGects are to Fe #urchased directl( F( the Cit( #ursuant to this "rdinance% the follo)in$ reKuirements shall Fe met: a! The #urchase shall Fe in the Cit(As name )ith
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F!
other Cit( document and shall Fe directl( funded F( the Cit(? and c! The EendorLsu##lier shall inEoice the Cit( directl(
for #a(ment )hich shall Fe made directl( F( the Cit( to the EendorLsu##lier? and d! The Cit(As 6urchase "rder or other document shall
clearl( state the #urchase is eHem#t from 7ales TaH #ursuant to the Cit(As 7ale and 0se TaH /Hem#tion Certificate? and e! The Cit( ma( #roEide ;uilders ,isD .nsurance to
#rotect a$ainst the loss of such items and to eEidence the Cit(As liaFilit( therefore% or alternatiEel( ma( reKuire <<9As contractor to #roEide insurance namin$ the Cit( as the
additional insured and direct loss #a(ee? and f! +cDno)led$ement of recei#t of the item and a##roEal
of #a(ment shall Fe documented F( an official of the Cit( or an authoriIed a$ent of the Cit(. Section 3. W i!er o+ /ermittin( ,ees. The Cit(
hereF( )aiEes the #roEisions of 7ection 320.409% "rdinance Code% for an( #ermit fees related to the re#airs% maintenance% and im#roEements )ith res#ect to the 6roGect. Section 4. Code. W i!er o+ Section 1%%.5116 7, Ordin nce
eH#edite the dis#osition of an( sur#lus #ro#ert( relatin$ to the re#airs% and im#roEements to /EerFanD 7tadium contem#lated F( +mendment No. 12 in Second Re!ised E"#i$it 1% laFeled as *7econd ,eEised /HhiFit 1% 7econd ,eEised +mendment No. 12 9ease% NoEemFer 12% 2013 J Council of the Whole>.
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S*orts
Com*-e"
C *it -
M inten nce
9ease is to Fe construed so as to Fe consistent )ith and in accordance )ith "rdinance 2010-493-/. Section 8. Tre s&r9 Re(&- tion Com*-i nce. 6ursuant
to +mendment No. 12 relatin$ to the 6roGect% <<9 is maDin$ the <<9 ContriFution to)ards the cost of construction of the
6roGect.
a##roHimatel( @20 million% as the same ma( Fe modified F( +mendment No. 12. The Cit( hereF( eH#resses its official
intent #ursuant to Treasur( ,e$ulation section 1.141-4 c! 3! E! that such <<9 ContriFution )ill Fe allocated to costs of the 6roGect funded F( eKuit(. Section 1:. /conomic herein. Section 11. C *it Re!en&e M inten nce Amendin( Section 111.1.3 6S*orts Com*-e" Enter*rise ,&nd7, C# *ter 111 6S*eci O!ersi(#t De* rtment. shall oEersee the The #roGect "ffice of
-eEelo#ment
descriFed
7#orts Com#leH Ca#ital 4aintenance /nter#rise Fund!% Cha#ter 111 7#ecial ,eEenue and Trust +ccounts!% Ordinance Code% is
hereF( amended to read as follo)s: CHA/TER 111. S*eci - Re!en&e ; Sec. 111.1.3. Enter*rise ,&nd. a! The Cit( hereF( estaFlishes a s#orts Eenue-related fund% Dno)n as the 7#orts )hich Com#leH Ca#ital for S*orts ; ; C *it M inten nce nd Tr&st Acco&nts.
Com*-e"
enter#rise 4aintenance
/nter#rise
Fund%
)ill
#roEide
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im#roEed accountaFilit( for #erformance of maintenance and u#Dee# for the <acDsonEille +rena% the <acDsonEille 4unici#al 7tadium? 7tadium% and )hich and )ill the haEe <acDsonEille as a #rimar( ;aseFall source of
reEenue% the taHes on Mtransient rentalsM authoriIed F( F.7. N 212.030& and 7ection '64.104 a! 3! ConEention
-eEelo#ment TaH!% "rdinance Code% net of deFt serEice eH#enditures. ; Section 1%. E++ecti!e ; ; D te. This "rdinance shall
Fecome effectiEe u#on si$nature F( the 4a(or or u#on Fecomin$ effectiEe )ithout the 4a(orOs si$nature.>? 2! ,emoEe Re!ised E"#i$it 1 and re#lace )ith Second Re!ised E"#i$it 1 attached hereto% )hich attaches the 7econd
,eEised +mendment No. 12 9ease? 3! "n * (e 1% -ine 1, amend the introductor( sentence to add that the Fill )as amended as reflected herein.
Form +##roEed:
LEarL)))La##sLconEersionLtm#LscratchP&L1BB3&36&0.doc
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