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TABLE OF CONTENTS
Title Page
Introduction
ARTICLE 1. DEFINITIONS
Section 1.1. Definitions
ARTICLE 2. GENERAL
Section 2.1. Term
Section 2.2. Relationship of this Agreement to Stadium Lease
Section 2.3. Relationship of this Agreement and Stadium Lease to Ground Lease
Section 2.4. Joint Powers Agreement
ARTICLE 3. PRECONDITIONS TO CLOSE OF ESCROW AND COMMENCEMENT OF STADIUM CONSTRUCTION
Section 3.1. Conditions Precedent to the Commencement of Construction and Close of Escrow
Section 3.2. Ground Lease
Section 3.3. Stadium Lease
Section 3.4. Team Sublease
Section 3.5. Non-Relocation Agreement
Section 3.6. Non-Disturbance And Attornment Agreements
Section 3.7. Public Safety Agreement
Section 3.8. Approval of Stadium Design
Section 3.9. Design-Build Agreement
Section 3.10. Construction Agency Agreement
Section 3.11. Approval of Final Development Budget
Section 3.12. Approval of Final Financing Plan
Section 3.13. Parking Plan
Section 3.14. Entitlements
Section 3.15. Construction Financing
Section 3.16. Funding Agreement
Section 3.17. Payment and Performance Bonds
Section 3.18. Subdivision Map
Section 3.19. Great America Theme Park
Section 3.20. Stadium Authority Title Policy
Section 3.21. Stadco Title Policy
Section 3.22. Advance Documentation
Section 3.23. Cost Overrun Commitment
Section 3.24. Financing Plan Conditions
Section 3.25. Training Facility Lease
Section 3.26. Line of Credit Agreement
Section 3.27. Insurance
Section 3.28. CFD Reimbursement Agreement
Section 3.29. No Default Stadco
Section 3.30. No Default Stadium Authority
Section 3.31. No Litigation Stadco
Section 3.32. No Litigation City and Stadium Authority
Section 3.33. Stadco Representations and Warranties
Section 3.34. Stadium Authority Representations and Warranties
ARTICLE 4. CONSTRUCTION OF MAKE-READY WORK
Section 4. 1. Make-Ready Work
Section 4.2. Conditions to Commencement of Make-Ready Work
Section 4.3. Competitive Bidding
Section 4.4. Make-Ready Work Funding
Section 4.5. Improvement Agreement and Security
Section 4.6. Compliance with Approvals and Applicable Law
Section 4.7. Acceptance of Make-Ready Work
Section 4.8. Assignment of Work Product
ARTICLE 5. DESIGN AND ENTITLEMENTS
Section 5. 1. Cooperation
Section 5.2. Design Development
Section 5.3. Design Consistent with Scope of Development and Schematic Design Drawings
Section 5.4. LEED Certification
Section 5.5. Submittal and Review of Design Development Documents
Section 5.6. Submittal and Review of GMP Set
Section 5.7. Approval Process
Section 5.8. Construction Oversight Working Group
Section 5.9. Concessionaire
Section 5.10. Preconstruction Services
Section 5.11. Design-Build Contractor
Section 5.12. Separate Construction Work
Section 5.11. Construction Agency Agreement
Section 5.14. Entitlements and Additional Permits and Approvals
Section 5.15. Subdivision of the Stadium Site
Section 5.16. Stadium Authority's Purchase of Stadco's Stadium Design WorkProduct
ARTICLE 6. DEVELOPMENT BUDGET AND FINANCING PLAN
Section 6.1. Budget and Financing Plan Overview
Section 6.2. Development Budget
Section 6.3. Financing Plan
Section 6.4. Funding Agreement
Section 6.5. Construction Cost Overrun
ARTICLE 7. STADIUM AUTHORITY FINANCING
Section 7.1. Stadium Authority Financing
Section 7.2. Conditions to Stadium Authority Financing
Section 7.3. No Right to Obligate Other Party
Section 7.4. Takeout Financing
ARTICLE 8. STADCO ADVANCES
Section 8.1. Prior Agreements
Section 8.2. Stadco Agency Advance
Section 8.3. Stadco CFD Advance
Section 8.4. Stadco Subordinated Loan Commitment
Section 8.5. Stadco's Purchase Commitment
Section 8.6. Stadco's Encumbrance of Stadium Lease
ARTICLE 9. NAMING RIGHTS AND SBLS
Section 9.1. Naming Rights
Section 9.2. Stadium Builders Licenses
ARTICLE 10. MELLO-ROOS FINANCING
Section 10.1. Creation of the CFD
Section 10.2. CFD Bonds
Section 10.3. TOT Credit
ARTICLE 11. LEASES
Section 11.1. Ground Lease
Section 11.2. Stadium Lease
Section 11.3. Team Sublease
Section 11.4. Training Facility Lease
ARTICLE 12. DISPOSITION OF STADIUM LEASE
Section 12.1. Opening Escrow
Section 12.2. Deposit of Documents
Section 12.3. Close of Escrow
Section 12.4. Closing Costs and Prorations
Section 12.5. Condition of Title to the Premises
Section 12.6. Title Insurance
Section 12.7. Condition of the Stadium Site
ARTICLE 13. CONSTRUCTION OF THE STADIUM
Section 13.1. Commencement and Completion of Construction
Section 13.2. Limitation of Liability
Section 13.3 Insurance
ARTICLE 14. CERTIFICATE OF COMPLETION
Section 14.1. Certificate of Completion
Section 14.2. Form and Effect of Certificate
Section 14.3. Failure to Issue
Section 14.4. Early Occupancy
ARTICLE 15. ACCOUNTING; AUDIT RIGHTS
Section 15.1. Accounting
Section 15.2. Audit Rights
ARTICLE 16. STADIUM MANAGEMENT AGREEMENT
Section 16.1. Stadium Management Agreement
Section 16.2. Line of Credit
ARTICLE 17. STADIUM PARKING
Section 17.1. Publicly-Owned Parking
Section 17.2. Parking Plan
ARTICLE 18. ASSIGNMENT AND TRANSFERS
Section 18.1. Definitions
Section 18.2. Any Purpose of Restrictions on Transfer
Section 18.3. Prohibited Transfers
Section 18.4. Permitted Transfers
Section 18.5. Permitted Transfers Conditiona
Section 18.6. Effectuation of Transfers
ARTICLE 19. DEFAULT AND REMEDIES
Section 19.1. Application of Remedies
Section 19.2. Default of Stadium Authority
Section 19.3. Default of Stadco
Section 19.4. Rights and Remedies Cumulative
ARTICLE 20. GENERAL PROVISIONS
Section 20.1. Stadco Representations and Warranties
Section 20.2. Stadium Authority Representations and Warranties
Section 20.3. Stadeo's Termination of Agreement
Section 20.4. Notices, Demands and Communications
Section 20.5. Stadium Authority Approval
Section 20.0. No Personal Liability
Section 20.7. Submittals and Approvals
Section 20.8. Enforced Delay
Section 20.9. Inspection of Books and Records
Section 20.10. Table of Contents; Headings
Section 20.11. Governing Law
Section 20.12. Severability
Section 20.13. Legal Actions
Section 20.14. Parties Not Co-Venturers
Section 20.15. Entire Understanding of the Parties
Section 20.16. Discretion Retained By City
Section 20.17. Counterparts
Section 20.18. Amendments
Section 20.19. Standard of Approval
Section 20.20. Indemnity
Section 20.21. No Presumption against Drafter
Section 20.22. Successors and Assigns
Section 20.23. No Third Party Beneficiaries
Section 20.24. Time of Performance
Section 20.25. Further Assurances
Section 20.26. Public Records Act Request
Section 20.27. Cooperation with Lenders
Section 20.28. Effectiveness of Agreement
Signature Page
EXHIBITS
Exhibit A Site Plan
Exhibit B Stadium Lease Summary
Exhibit C Form of Design-Build Agreement
Exhibit D Form of Certificate of Completion
Exhibit E Development Fees
Exhibit F Permitted Exceptions
Exhibit G Preliminary Development Budget
Exhibit H Preliminary Financing Plan
Exhibit I Schedule of Performance
Exhibit J Scope of Development
Exhibit K Memorandum of Agreement
Exhibit L Mitigation Measures and Conditions of Approval
Exhibit M Form of Construction Agency Agreement
Exhibit N Summary of Parking Rights
Exhibit O Line of Credit Agreement Summary