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03/08/1999 Council Packet
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03/08/1999 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
03/08/1999
Council Meeting Type
Regular
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CIRCLE PINES PARK PROPERTY LEASE <br />THIS LEASE MADE and entered into this day of <br />1998, by and between the City of Circle Pines, a municipal corporation, hereinafter <br />called "Circle Pines ", and the City of Lino Lakes, a municipal corporation, hereinafter <br />called "Lino Lakes ". <br />1. PREMISES DEMISED. That in consideration of the covenants and <br />agreements hereinafter mentioned to be performed by the respective parties hereto, <br />and in payment of rental hereinafter designated to be made by Lino Lakes in <br />accordance with the provisions under this lease, Circle Pines has by these presents <br />let, leased, rented and demised unto Lino Lakes, its successors and assigns, and Lino <br />Lakes takes and hires from Circles Pines, those certain premises consisting of real <br />property described as follows: <br />See Exhibit A attached hereto and made a part hereof for a map <br />indicating the location of the demised premises. <br />Such demised premises shall include all of Circle Pines' easements and appurtenances <br />in adjoining and adjacent land, highways, roads, streets, lanes, whether public or <br />private, reasonably required for the installation, maintenance, operations, and service <br />of sewer, water, gas, power, and other utility lines, for driveways, approaches to and <br />from abutting highways, for the use and benefit of the above described parcel of real <br />estate. <br />2. TERM. The term of this lease shall commence on the day of <br />, 1998, and continue for a period of twenty -five (25) years from <br />and after such commencement date. <br />Circle Pines further grants to the City of Lino Lakes the option to extend the <br />1 <br />
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