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CC PACKET 10131987
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CC PACKET 10131987
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12/30/2015 4:25:06 PM
Creation date
12/30/2015 4:24:27 PM
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SP Box #
18
SP Folder Name
CC PACKETS 1987-1989
SP Name
CC PACKET 10131987
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• DoRSEY 8c WHITNEY <br /> Mr . Victor P. Seiler <br /> August 11, ' 1987 <br /> Page Seven <br /> Urban Consumers, Minneapolis-St. Paul, <br /> Minnesota-Wisconsin, All items (1967 = 100) , <br /> as promulgated by the Bureau of Labor <br /> Statistics of the" United States Department <br /> of Labor . If a substantial change- is <br /> made in the method of establishing- the <br /> CPI , the CPI wi.11. be appropriately adjusted <br /> to a figure that would have resulted had <br /> no such change occurred. If the CPI is <br /> not available, a reliable governmental <br /> or other non-partisan publication establishing <br /> a comparable index selected by Lessor <br /> will be used. <br /> (d) At .the request of either, Lessor and Lessee <br /> will execute and deliver appropriate documents <br /> covering extension of the term, the new <br /> • mont-hly rent and other terms of the Lease <br /> during the extended term. <br /> 20. Section 24 should be redrafted to be very specific <br /> as to what the Lessee ' s obligations are with respect to the <br /> equipment described on Exhibit A. This section should be <br /> very clear as to exactly, what costs- are the responsibility <br /> of Manning 's and when they have to commence and complete- their <br /> work. It should also state that a bond or letter of credit <br /> will be provided for this work, since contractors will have <br /> no lien rights against City property. <br /> 21. The additional paragraphs enclosed with this <br /> letter. should be included in the Lease . <br /> If you have any questions or comments. regarding <br /> the foregoing changes, .please let me know. If you have no <br /> questions or comments, would you please make the appropriate <br /> changes, and send me a copy of the revised Lease, marked to <br /> show the changes from the previous draft . <br /> Very truly yours, <br /> William R. Soth <br /> • WRS :gle <br /> Enclosure <br />
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