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RESOLUTION 8617 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> AUTHORIZE THE SENDING OF A <br /> NOTICE OF TERMINATION OF LEASE <br /> WHEREAS, the City of Mounds View, as landlord ("Landlord"), and Creative Kids <br /> Child Care Center II, Inc., a Minnesota corporation, as tenant ("Original Tenant") entered into a <br /> leased dated November 20, 2006 ("Lease") which was assigned to Creative Kids Academy — <br /> Mounds View, Inc., a Minnesota corporation("Tenant") pursuant to an Assignment, Assumption <br /> and Consent Agreement to Lease (the "Assignment") dated December 22, 2008; and <br /> WHEREAS, the term of the Lease has been extended and modified pursuant to various <br /> documents entitled Extension of Lease Agreement (collectively referred to as the "Extension"), <br /> the last of which is dated July 31, 2013; and <br /> WHEREAS, Section 1.2 of the Lease, as amended by the Extension,reads as follows: <br /> Section 1.2. Term. The term of this Lease and Tenant's obligation to pay <br /> rent hereunder shall continue until July 31, 2018, at which time the Lease shall <br /> expire. Notwithstanding any contrary provision contained herein, upon at least <br /> one (1) years prior written notice from Landlord to Tenant, Landlord shall have <br /> the right to terminate this Lease and upon expiration of such notice period, the <br /> term of this Lease shall automatically terminate; <br /> and <br /> WHEREAS, the Landlord desires to terminate the Lease and provide the written notice <br /> to the Tenant as required by Section 1.2 of the Lease; and <br /> WHEREAS, notice of termination of the Lease by Landlord to the Tenant shall be <br /> provided as required by Section 1.2 of the Lease. <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds <br /> View,Ramsey County, Minnesota as follows: <br /> 1. The Recitals set forth above are incorporated into this Resolution as if fully set <br /> forth herein. <br /> 2. Landlord has the right to terminate this Lease and the Lease is terminated upon <br /> the providing of at least one (1) years prior written notice from Landlord to <br /> Tenant, and upon expiration of such notice period, the term of the Lease shall <br /> automatically terminate. <br /> 1 <br /> 484293v1 MU210-35 <br />