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RESOLUTION 7778 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> AUTHORIZE EXECUTION OF AN AGREEMENT TO EXTEND TERM <br /> OF EXISITNG LEASE FOR AN ADDITIONAL TWO YEARS <br /> WHEREAS, the City of Mounds View, as landlord "Landlord and Creative Kids <br /> Academy— Mounds View, Inc., a Minnesota corporation, as tenant "Tenant entered into <br /> a lease assignment agreement dated December 22, 2008 "Assigned Lease which <br /> modified the original lease agreement dated November 20, 2006; and <br /> WHEREAS, the expiration date of the Assigned Lease is July 31, 2011; and, <br /> WHEREAS, both parties, Landlord and Tenant, desire to extend the existing lease <br /> for an additional two -year period such that the new expiration date would be July 31, 2013 <br /> by executing the document entitled Extension of Lease Agreement "Agreement which is <br /> attached hereto as Exhibit A. <br /> WHEREAS, with the exception of the expiration date of the lease, all terms and <br /> provisions of the Lease as assigned remain unchanged. <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of <br /> Mounds View, Ramsey County, Minnesota that the Agreement is deemed acceptable <br /> and the Mayor and City Administrator are authorized to execute the Agreement and to <br /> take all necessary and reasonable steps to effectuate the Agreement. <br /> Adopted this 9th day of May, 2011. <br /> 111. e F6h. <br /> ATTEST <br /> C' t.'1'V(.� V <br /> James Ericson, City Administrator <br /> (seal) <br />