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. . . RESOLUTION NO. 5150 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION APPROVING THE LEASE AGREEMENT BETWEEN THE CITY OF MOUNDS VIEW AND INDEPENDENT SCHOOL DISTRlCT NO. 621 AND AUTHORIZING THE MAYOR AND CLERK-ADMINISTRATOR TO EXECUTE THE LEASE ON BEHALF OF THE CITY WHEREAS, the City Council ("Council") of the City of Mounds View ("City") has previously authorized City staff to enter into negotiations with the Independent School District No. 621 ("School District") to develop the terms of a lease ("Lease") under which School District would lease space from the City in a certain portion of the City's newly developed Mounds View Community Center ("Leased Premises"); and WHEREAS, the City Clerk-Administrator has been negotiating with School District over the past several months regarding the terms of the Lease; and WHEREAS, the City and School District have reached an agreement regarding the terms of the Lease which call for School District to lease the Leased Premises from the City for renewable five year terms at a base rent of approximately $51,000 per year being paid to the City with inflation adjustments each year; and WHEREAS, the Council has reviewed the terms of the proposed Lease as recommended by the City Clerk-Administrator. NOW, THEREFORE, BE IT RESOLVED, that the Council hereby approved the terms of the proposed Lease between the City and School District; and BE IT FURTHER RESOLVED, that the Council hereby authorizes the Mayor and City Clerk-Administrator to execute the Lease with School District on behalf of the City. Adopted by the City Council of the City of Mounds View, Minnesota this 25th day of August, 1997. ~. ~~ . ~4 --/ Duane McCarty, Mayor ATTEST: at! WO~ Charles S. Whiting, Cle -Administrator