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