HomeMy WebLinkAboutResolution 7386RESOLUTION 7386
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
AUTHORIZE EXECUTION OF AN ASSIGNMENT, ASSUMPTION AND CONSENT
AGREEMENT TO LEASE
WHEREAS, the City of Mounds View, as landlord ("Landlord"), and Creative Kids
Child Care Center II, Inc., a Minnesota corporation, as tenant ("Tenant") entered into a
leased dated November 20, 2006 ("Lease"); and
WHEREAS, Tenant intends to sell the Creative Kids Child Care Center II, Inc.
company ("Company") to Rajiv Garg, an Individual, and Sangeeta Jain, an Individual
(collectively "Assignee"); and
WHEREAS, in connection with the sale of the Company to Assignee, Tenant has
requested that Landlord consent to the assignment of the Lease to Assignee by executing
the document entitled Assignment, Assumption and Consent Agreement to Lease
("Agreement") which is attached hereto as Exhibit A.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds
View, Ramsey County, Minnesota as follows:
1. The Recitals set forth above are incorporated into this Resolution
as if fully set forth herein.
2. The Agreement is deemed acceptable and the Mayor and Clerk-
Administratorare authorized to execute the Agreement and to take all
necessary and reasonable steps to effectuate the Agreement.
3. All costs associated with the preparation of the Agreement shall be
the responsibility of the Assignee.
Adopted this 22nd day of December, 2008.
Rob Marty, Mayor
(ATTEST)
James Ericson, Clerk Administrator
(SEAL)