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LEASE
<br /> THIS LEASE is entered into as of the day of ,
<br /> .19 , by and between the CITY OF ST. ANTHONY, a municipal corporation under
<br /> the laws of the State of Minnesota, . (hereinafter called "Landlord") and. ST.
<br /> ANTHONY/NEW BRIGHTON SCHOOL DISTRICT #282 (hereinafter called "Tenant"),
<br /> Landlord, in consideration of the rents and covenants herein, does hereby Demise,
<br /> Lease and Let unto the Tenant, and the Tenant does hereby hire and take from the
<br /> Landlord the following described premises located in the City of St. Anthony, 3301
<br /> Silver Lake Road, County of Hennepin and the State of Minnesota,
<br /> TO HAVE AND TO HOLD THE SAID PREMISES, without any liability or obligation on
<br /> the part of. said Landlord of making any alterations, improvements or repairs of any
<br /> kind on or about the leased premises except as provided herein, for the term of twelve
<br /> (12) months commencing January 1 , 1997, unless terminated at an earlier date as
<br /> hereinafter provided.
<br /> ARTICLE 1 .' RENT.
<br /> Tenant will pay to Landlord at 3301 Silver Lake Road, St. Anthony, Minnesota,
<br /> 55418, or at such other address as may be designated by Landlord, without
<br /> prior demand and without any deduction or set-off, in monthly installments of
<br /> $8,333.34, commencing January 1 ,.1997 through June 30, 1997. The total
<br /> annual rent shall not exceed $100,000 for any twelve (12) month period
<br /> ($90,000 of the total cost is for space for Community Services and $10,000
<br /> is for the gym space). Attached to this Lease is the expectant payment
<br /> schedule from the School District over the next 20 years (1997-2016.
<br /> However, if the Legislature or Department of Children, Families & Learning
<br /> removes the fight to levy for lease, Tenant will no longer be bound to the
<br /> payments as scheduled. If the School no longer makes payments to the City,
<br /> the School shall immediately vacate all space that is described below.
<br /> Landlord, in consideration of the rents and covenants herein, does hereby
<br /> Demise, Lease and Let unto the Tenant, and the Tenant does hereby hire and
<br /> take from the Landlord the following described premises located in the City of
<br /> St. Anthony, 3301 Silver lake Road, County of hennepin and the State of
<br /> Minnesota.
<br /> As described in the attached floor plan developed by Williams/O'Brien
<br /> Associates, Inc., Offices 22, 23, 24, 25, and 26; Waiting Room 21 , Copy
<br /> Room 20, Conference Room 19, Closet 23B, Preschool Room 17, ECFE Room
<br /> 15, Kindergarten Room 13, Dayrooms 106 and 104, Break Room 8, Community
<br /> Services Storage 4, Storage 9, and Activity Room 6. •
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