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HomeMy WebLinkAboutResolution - 4746 - Interlocal Agreement - TTU - Professional Baseball Team - 02_17_1995Resolution No. 4746 February 17, 1995 Item #3 [We r[Imelilk WHEREAS, Section 380.001 of the Local Government Code and Article 835s of Vernon's Annotated Civil Statutes permits municipalities to establish and provide for the administration of one or more programs to promote local economic development and to stimulate business and commercial activity within the municipality; and WHEREAS, a municipality may contract for the administration of such a program with a state agency; and WHEREAS, the City Council of the City of Lubbock deems it to be in the best interest of the citizens of the City of Lubbock to establish a commercial program to bring professional baseball to Lubbock; and WHEREAS, the City Council desires to contract with Texas Tech University to provide for Texas Tech University to administer such program and to provide a place for such professional team to play; NOW THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: SECTION 1. THAT the City Council for the City of Lubbock hereby establishes a commercial economic development program under Section 380.001 of the Local Government Code and Article 835s, Vernon's Annotated Civil Statutes to bring professional baseball to Lubbock. SECTION 2. THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock an Interlocal Agreement, attached herewith, by and between the City of Lubbock and Texas Tech University with regard to a professional baseball team, and any associated documents, which Agreement shall be spread upon the minutes of the Council and as spread upon the minutes of this Council shall constitute and be a part of this Resolution as if fully copied herein in detail. Passed by the City Council this 17 ATTEST: &k-, a Qf- , Betty PJ. Johnson, ttity Secretary APPROVED AS -TO CONTENT: day of February AVID R. LANGSTON of Business Development APPROVED AS TO FORM: r ( XJ r %101V N T J a --'C)V i ` ZJ \1 1 Donald G. Vandiver, First Assistant City Attorney DGV:da ccdocs/A-TPB. res February 15, 1995 , 1995. 06) VA Resolution No. 4746 February 17, 1995 Item #3 INTERLOCAL AGREEMENT STATE OF TEXAS § COUNTY OF LUBBOCK § This Interlocal Agreement is hereby made and entered into on this the 17 th day of February , 1995, by and between the CITY OF LUBBOCK, a Municipal Corporation of the State of Texas, hereinafter called "City", and TEXAS TECH UNIVERSITY, an agency of the State of Texas, hereinafter called "University." WITNESSETH: WHEREAS, City desires to locate a professional baseball team in Lubbock, Texas; and WHEREAS, Texas Professional Baseball, Inc., a Texas Corporation, hereinafter called "T.P.B." has indicated that it desires to place a professional baseball team in Lubbock, Texas, but acquiring the use of a suitable stadium for team activities is a necessary consideration in placing a professional team in Lubbock; and WHEREAS, University has an existing baseball stadium on campus which, with modifications, will meet the standards necessary for professional baseball; and WHEREAS, the City Council of the City finds that the location of a professional baseball team is a commercial activity; and WHEREAS, the University is willing to improve and lease its baseball stadium to T.P.B. in order to accommodate the City and T.P.B. in locating a professional baseball team in Lubbock; and WHEREAS, University has authority as a state agency of the State of Texas to enter into this interlocal agreement; and WHEREAS, City is authorized by Section 380.001, Local Government Code of the State of Texas and Article 835s, Vernon's Annotated Civil Statutes, to enter into this agreement; and WHEREAS, the City believes the existence of professional baseball in the City of Lubbock will enhance the economy of Lubbock and be an attraction for future economic growth; and WHEREAS, the City is authorized to establish and provide for the administration of one or more programs to promote state or local economic development and to stimulate business and commercial activity in the municipality; and WHEREAS, the governing body may contract with a state agency for the administration of a program; and WHEREAS, the City desires to contract with the University for the University to provide its baseball facility to T.P.B. for professional baseball; and WHEREAS, the University agrees to improve its baseball facilities; and WHEREAS, the City desires to provide funding in the amount of $350,000.00 for such improvements to be made by the University as will be needed to provide for professional baseball; and WHEREAS, the City and the University agree that the City will provide $350,000.00 to the University to improve its baseball facility; and WHEREAS, the University has agreed to enter a lease agreement with T.P.B. of even date with this interlocal agreement to play professional baseball at the University's baseball facility; and WHEREAS, the City and T.P.B. shall enter into a separate agreement for professional baseball as a commercial activity of an even date with this agreement between the City and the University and the lease agreement between the University and T.P.B.; and Interlocal Agreement -- Texas Professional Baseball, Inc. Page 2 WHEREAS, each of the three agreements by and between the City, the University and T.P.B., which shall be a lease agreement between the University and T.P.B., an agreement between the City and T.P.B. and this interlocal agreement between the City and the University, shall be executed on even date and shall each be consideration for execution of each of the other agreements; NOW THEREFORE, the parties hereto do mutually agree as follows: I. LEASE The University, conditioned upon receipt of $350,000 from the City, does hereby agree to lease to T.P.B. the baseball stadium and facilities it presently owns and which is located upon the campus of University in Lubbock, Lubbock County, Texas, known as Dan Law Field, hereinafter "stadium", and which shall include available off street parking. Such parking access shall not interfere with student, faculty or staff parking rights or privileges. II. TERM The term of this Agreement shall be for five years with two five year renewal options and such term shall commence upon execution of a lease agreement from the University to T.P.B. III. IMPROVEMENTS The University, in connection with the administration of this economic development program and as part of the consideration for this Agreement, agrees to construct and complete the improvements to stadium set forth in the lease agreement between the University and T.P.B. It is agreed and understood by all parties hereto that Interlocal Agreement -- Texas Professional Baseball, Inc. Page 3 City funding of such improvements shall not exceed the sum of Three Hundred Fifty Thousand Dollars ($350,000.00). The improvements to be made by the University shall include increased seating, restrooms and concession facilities so as to provide for a total of 5,000 spectators at the stadium. Apportionment of the funds to the various improvements for the stadium shall be in the sole discretion of the University. 2. The City shall pay the sum of Three Hundred Fifty Thousand Dollars ($350,000.00) to the University from current revenues available to the City for such improvements to the stadium upon receipt of an executed lease of the stadium of even date herewith which is consistent with this Interlocal Agreement by and between the University and T.P.B. 3. University and T.P.B. shall not thereafter look to City for further participation in funding additional improvements, if any, at stadium. IV. TERM AND OCCUPANCY The term and occupancy by T.P.B. of the leased premises shall be set forth in the Lease Agreement with the University and shall be consistent with this Agreement. V. CONSIDERATION As consideration to City for funding improvements to the stadium, the University shall make the contemplated improvements and shall enter into a lease agreement with T.P.B. for T.P.B. to play professional baseball at the stadium. Interlocal Agreement -- Texas Professional Baseball, Inc. Page 4 VI. DEFAULT In the event that T.P.B. does not perform its obligations under its agreement with the University and T.P.B.'s rights are terminated, then the University shall allow the City to use said facilities in place of T.P.B. for City recreational baseball activities during the time periods and under the terms and conditions contained in the lease agreement between the University and T.P.B. However, in lieu of the lease payment, City shall pay to the University all direct operation and maintenance costs during such use. The City may use the facilities for other non -recreational baseball activities, including the solicitation of another professional baseball team, by mutual agreement of the University and the City. However, it is specifically agreed and understood that the University shall not be responsible for or have any duty whatsoever for any obligation which the City and T.P.B. may have or acquire as to each other. VII. APPLICABLE LAW This agreement shall be construed in accordance with the laws of the State of Texas. Venue shall be in Lubbock County. VIII. DEFINITIONS "Field a professional baseball team" as used in this agreement shall mean the providing of a professional baseball team to play a schedule of baseball games at the stadium as set forth in the lease agreement between the University and T.P.B. Interlocal Agreement -- Texas Professional Baseball, Inc. Page 5 IX. NOTICE All notices required by this Agreement shall be sent to the parties at the following addresses: CITY OF LUBBOCK P.O. Box 2000 Lubbock, TX 79457 TEXAS TECH UNIVERSITY Office of General Counsel P.O. Box 42021 Lubbock, TX 79409-2021 This agreement contains and incorporates the entire agreement of the parties. It nent in writing signed by all parties. Title: Mayor Texas T �Univsi'ty: i L By: -P T C,`asvrD�"�l L Title: ✓, f CC: Texas Professional Baseball, Inc. Texas -Louisiana League Galleria Tower II, Suite 1650 13455 Noel Road Dallas, TX 75240 JCR:da cityatt\A-TPB.doc February 14, 1995 Interlocal Agreement -- Texas Professional Baseball, Inc. Page 6