10/12/2009 Council Packet - Laserfiche WebLink

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LEASE AGREEMENT This Lease Agreement (hereinafter "Lease ") is entered into by and between the City of Lino Lakes (hereinafter "Landlord "), and Presbytery of the Twin Cities Area, DBA — Chain of Lakes New Church Development (hereinafter "Tenant "). 1. LEASED PREMISES. In consideration of the duties and covenants contained in this Lease, the Landlord hereby leases the Lino Lakes Senior Center (exception of Senior Center storeage areas and mechanical rooms) in the building located at 1189 Main Street, Lino Lakes, Minnesota (hereinafter "Leased Premises ") to Tenant for its nonexclusive use. Tenant will also have reasonable and nonexclusive use of the main entry and exit to the Leased Premises. Additionally, Tenant will have reasonable and nonexclusive use of the parking lot adjacent to the Leased Premises. 2. LEASE TERM. This Lease is for a term of one year, commencing on 1 October, 2009, unless early termination occurs as provided below. By mutual written agreement, the Landlord and Tenant may renew this Lease for an additional period of time. 3. RENT. Tenant shall pay to Landlord as rent for the Leased Premises the amount of Seven Hundred ($700.00) Dollars on or before the first day of each month during the term of this Lease. If Landlord does not receive rent by the fifth day of the month, Tenant shall pay Landlord a $ Twenty Five ($25.00) Dollar late fee as additional rent. 4. SECURITY DEPOSIT. On or before the commencement date of this Lease, Tenant shall pay Landlord Seven Hundred ($700.00) Dollars as a security deposit. Landlord may use the security deposit to cover Tenant's failure to pay rent and/or to return the Leased Premises to its condition at the start of the tenancy except for ordinary wear and tear and any agreed -upon improvements. Within 21 days after the tenancy ends, Landlord shall return the full security deposit or send a letter explaining why all or a portion of the security deposit was withheld. 5. EARLY TERMINATION. If either party breaches any of its duties or covenants under this Lease Agreement and fails to cure the same within thirty (30) calendar days after receipt of written notice of the breach by the other party, the non - breaching party may terminate this Lease Agreement immediately. 6. SURRENDER. Upon termination of this Lease, Tenant will promptly and peaceably surrender the Leased Premises to Landlord in substantially the same condition existing on the commencement date of the Lease, but with ordinary and reasonable use, damage, and wear and tear expected. Tenant shall not remove any fixtures that belong to Landlord and which are attached to the Leased Premises, unless Landlord has provided written consent. Landlord shall not disturb Tenant's personal property and shall allow • • •