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08/06/2007 Council Packet
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08/06/2007 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
08/06/2007
Council Meeting Type
Work Session Regular
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EVER <br />February 7, 2005 <br />Jim Szyplinski <br />Mansetti's <br />6511 Ware Road <br />Suite 100 <br />Lino Lakes, MN 55014 <br />RE: Delinquent Lease Payments <br />Dear Jim: <br />According to our accounting records we have not received a rent payment for this month <br />for your leased space at Spirit Hills Retail Center. you are in Default. <br />Rental payments are to be made to this office by the first day of each month, to be <br />received no later than the fifth day, per your lease agreement, after which a late payment <br />charge may become due. Our records show the balance dne is 514,54159. This amount <br />also includes past due rent and late charges. <br />If we do not receive the lent in full immediately we will be forced to forward this matter <br />to our attorneys. Per the Lease, Tenant shall reimburse Lessor for all attorneys' fees, cost <br />and disbursements incurred by Lessor in enforcing any default of Tenant, or in the <br />collection of any amount due from Tenant under this lease. We also, have timely <br />payments to be met, and we rely on timely rental payments to meet those obligations. <br />Please remit the balance due promptly. <br />Sincerely_ <br />David S. Syers U <br />Service Coordinator / Property Manager <br />615 First Avenue NE • Suite 500 • Minneapolis • MN 55413 <br />Phone (612)338 -2828 • Fax (612838 -5288 <br />www.gsr- re.com <br />• <br />
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