Title
Entering into an Allianz Field operations and maintenance agreement.
Body
RECOMMENDING TO THE SAINT PAUL CITY COUNCIL APPROVAL OF THE ALLIANZ FIELD OPERATIONS AND MAINTENANCE AGREEMENT BETWEEN THE CITY, METROPOLITAN COUNCIL, MUSC HOLDINGS, LLC, AND MINNESOTA UNITED SOCCER CLUB, LLC, FOR THE OPERATIONS AND MAINTENANCE OF THE SPECIFIED MUNICIPAL INFRASTRUCTURE AT AND SURROUNDING ALLIANZ FIELD WITHIN THE STADIUM DEVELOPMENT SITE.
WHEREAS, the Council is fee owner of certain real property in the City, commonly known as the ''Bus Barn" site, and legally as described in Exhibit 1 (hereinafter, the "Property"); and
WHEREAS, effective April I, 2016, the Council and the City entered into a Net Ground Lease (hereinafter, the "NGL") for approximately a fifty-two (52) year term ending December 31, 2068, which provided for the redevelopment of the Property and, principally, the construction and operation of a stadium as a venue for professional soccer league matches and other recreational, sporting, and entertainment events. A copy of the NGL is made a part of this Agreement by reference; and
WHEREAS, Section 6(b) of the NGL provides that the Council will enter into an Operations and Maintenance Agreement with the City and the party who is managing or operating the improvements on the Property, which is the Club; and
WHEREAS, effective April 1, 2016, the City and the Team, the parent of the Club, entered into a Development Agreement (as heretofore and hereinafter amended, the "Development Agreement"), a copy of which is made a part of this Agreement by reference, pursuant to which the Team constructed Allianz Stadium, partially on the Properly and partially on so-called Team Acquired Property (as defined in the Development Agreement), in which the Team's wholly-owned subsidiary, the Minnesota United Soccer Club, a member of Major League Soccer and operator of the Minnesota United professional soccer team, will play its home soccer matches and in which other re...
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