EXHIBIT 10.49
SECOND AMENDMENT TO AN AGREEMENT
DATED OCTOBER 10, 1988
BY AND BETWEEN
THE CITY OF ATLANTA
a municipal corporation (" City")
and
MCA CONCERTS, INC.,
a California corporation (" MCA")
Second Amendment
Dated June 1989
Signed May 25, 1994
SECOND AMENDMENT TO AN AGREEMENT BETWEEN
THE CITY OF ATLANTA, GEORGIA
AND MCA CONCERTS, INC.
THIS SECOND AMENDMENT is made as of the 14th day of July 1989, and entered
into as of the 30th day of May, 1994, by and between the City of Atlanta,
Georgia, municipal corporation chartered pursuant to Georgia Laws 1973, p. 2188,
et. seq., (hereinafter "City"), and MCA/PACE AMPHITHEATER GROUP, L. P. A
Delaware limited partnership (hereinafter referred to as (MCA/PACE").
WHEREAS, the CITY and MCA CONCERTS, INC., a California Corporation,
(hereinafter "MCA"), entered into an Agreement dated October 10, 1988, relating
to an amphitheater to be constructed at Lakewood Fairgrounds (hereinafter CITY-
MCA Agreement"); and
WHEREAS, by Assignment of Agreement dated June 15, 1989, MCA assigned,
transferred and conveyed to MCA CONCERTS II, INC., a California corporation
(hereinafter "MCA II"), all of MCA's right, title and interest in, to and under
the CITY-MCA Agreement; and
WHEREAS, by Assignment of Agreement dated June 23, 1989, known as the
"First Amendment", MCA II assigned, transferred and conveyed to MCA/PACE all of
MCA II's right, title and interest in, to and under the CITY-MCA Agreement; and
WHEREAS, by a Ordinance adopted by the Council of the City of Atlanta on
June 19, 1989 and approved by the Mayor on June 26, 1989, a copy of which is
attached hereto as Exhibit "A" to this Second Amendment, the City has authorized
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a Second Amendment to the CITY-MCA AGREEMENT authorizing MCA/PACE to name the
entertainment facility operated by them at the Lakewood Fairgrounds "The Coca-
Cola Lakewood Amphitheater" thus evidencing the City's intent to enter into this
Agreement;; and
WHEREAS, MCA/PACE has agreed to this Second Amendment, as evidenced by the
signatures of their officers below; and
WHEREAS, through inadvertence the City and MCA never executed said Second
Amendment in 1989 and are desirous of rectifying this error now;
NOW THEREFORE, in consideration of the sum of Ten Dollars ($10.00)in hand
paid by each party hereto to the other party hereto, and for and in
consideration of the foregoing recitals and the covenants and agreements set
forth and contained therein, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged by the parties hereto,
the City and MCA/PACE do hereby covenant and agree as follows.
PARAGRAPH ONE
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That a certain CITY-MCA AGREEMENT entered into by and between the City of
Atlanta and MCA Concerts, Inc., as of October 10, 1988, is hereby AMENDED by
inserting the following sentence after the third sentence of Section 3.6 of said
CITY-MCA AGREEMENT, as originally written: " The City further agrees and
acknowledges that the name of the facility shall be 'The Coca-Cola Lakewood
Amphitheater'." With the foregoing sentence thus inserted, the entire Section
3.6, as now amended, shall read as follows:
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3.6 Use of Project Area. The City hereby consents to
MCA'S use and enjoyment of the Project Area for any and
all purposes consistent with Section 2.1 of the Sublease.
Without derogating from the generality of the immediately
preceding sentence, the City agrees and acknowledges
that the project contemplated by the Sublease may be used
as a commercial outdoor facility consistent with other
commercial outdoor concert facilities nationwide. Without
derogating from the generality of the immediately preceding
sentence, the City agrees and acknowledges that the
project contemplated by the Sublease may be used for
performing, with or without amplified sound, popular and
contemporary music, rock and roll, pyrotechnic shows, and
other similar sound-intensive and light intensive activities.
The City further agrees and acknowledges that the
name of the facility shall be 'The Coca-Cola
Lakewood Amphitheater'. Nothing in the Section 3.6
shall be deemed or construed to limit the provisions of
Section 4.7 of this agreement.
PARAGRAPH TWO
-------------
The CITY-MCA AGREEMENT, as expressly amended hereby, is reaffirmed and
restated herein by the undersigned. Said CITY-MCA AGREEMENT, as so amended, is
hereby incorporated herein by reference as though fully set forth in its
entirety in this Second Amendment.
IN WITNESS WHEREOF, the City and MCA/PACE, acting through their duly
authorized officers and representatives, have duly executed this 25th day of
May, 1994, under seal as of the day and year first above written.
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MCA/PACE AMPHITHEATERS GROUP, L. P.
a Delaware limited partnership
By: MCA CONCERTS II, INC.,
a California Corporation
By: /s/ illegible
______________________
Name: illegible
Title: C.F.O.
ATTEST:__________________
Name:
Title:
CITY OF ATLANTA, a municipal corporation of the State of Georgia
/s/ illegible
______________________________
MAYOR ▇▇▇▇ ▇▇▇▇▇▇▇▇
RECOMMENDED:
/s/ illegible
______________________________
CHIEF OPERATING OFFICER
/s/ illegible /s/ illegible
______________________________ ______________________________
DIRECTOR, BUREAU OF PURCHASING CHIEF OF STAFF
& REAL ESTATE
APPROVED: APPROVED AS TO FORM:
/s/ illegible
______________________________
CHIEF FINANCIAL OFFICER
ATTEST:
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
______________________________ _____________________________
MUNICIPAL CLERK ASSISTANT CITY ATTORNEY
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AN ORDINANCE BY THE HUMAN RESOURCES COMMITTEE:
AN ORDINANCE AUTHORIZING THE MAYOR TO
EXECUTE AN AMENDMENT TO THE CONTRACT
BETWEEN THE CITY AND MCA CONCERTS, INC.,
FOR THE PURPOSE OF NAMING THE OUTDOOR
STAGE AT LAKEWOOD FAIRGROUNDS THE
"COCA-COLA LAKEWOOD AHPHITHEATER."
WHEREAS, the City and MCA Concerts, Inc., a Californina corporation, on
October 10, 1988, entered into a contract whereby MCA Concerts Inc.,
was permitted to enter into a sublease with Filmworks, U. S. A., Inc., the
City's lessee to Lakewood Fairgrounds, for the purpose of constructing and
operating an outdoor entertainment facility on city parkland known as
Lakewood Fairgrounds; and
WHEREAS, the contract contained no provisions specifying the name for the
public amphitheater being built there; and
WHEREAS, the naming of city facilities, including public amphitheaters
being built by private parties ln city parks, is properly a responsibility
of the mayor and council; and
WHEREAS, MCA Concerts, Inc., by virtue of a sponsorship agreement, wishes
to have the outdoor entertainment facility at Lakewood Park named "The Coca-Cola
Lakewood Amphitheater:"
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ATLANTA, GEORGIA:
EXHIBIT A
SECTION 1: That the Mayor be, and he hereby is, authorized on behalf
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of the City of Atlanta to execute an amendment to the October 10, 1988,
agreement between the City and MCA Concerts, Inc., which amendment shall
authorize the outdoor entertainment facility at Lakewood Park to be
named "The Coca-Cola Lakewood Amphitheater."
SECTION 2: That the amendment authorized herein shall be approved by the
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City Attorney as to form, and the amendment shall not become effective
until it shall have been executed by the Mayor and delivered to MCA
Concerts, Inc.
Section 3: That all ordinances in conflict herewith are hereby repealed
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for purposes of this ordinance only, and only to the extent of the
conflict.
.
EXHIBIT A
ADOPTED by City Council June 19, 1989
APPROVED by the Mayor June 26, 1989
A true copy,
/s/ ▇▇▇▇▇▇ ▇▇▇▇▇
Deputy Clerk, C.M.C.