Resolution authorizing a Fifteen-Year Tenant Lease with Option to Renew for two Ten-Year Terms with MLC Dallas Stadium Co, LLC (or related assignee), for the Conversion Construction and Operation of a Cricket Stadium in the Entertainment District for a base rent of $20,000 monthly for 80 months, and $10,000 monthly for the Remainder of the Lease and percentage rent of 5% of Gross Revenues; Economic Development Agreement for a Cash Grant of $1,300,000 for Construction, a $200,000 Maintenance Reserve, waiver of all construction building permit fees and impact fees, and a 100% rebate of the 1% General Fund sales tax for construction materials; Consent to Easement and Use Agreement between MLC Dallas Stadium Co, LLC (or related assignee) and Anschutz Texas, L.P. for related construction on ancillary land

Resolution Approved Introduced September 10, 2020

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