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MEMORANDUM <br /> DATE: March 14, 1995 <br /> TO: Mayor and Councilmembers <br /> FROM: Michael Mornson, City Manager <br /> ITEM: MINNESOTA SWIMMING LEASE <br /> The following is a summary of the rent charged Minnesota Swinuning to lease <br /> space in the Community Center: <br /> Current: $5,166 <br /> Increase: 5% <br /> New Lease: $5,424 <br /> Monthly: $452.00 <br /> Space Occupied: 1,188 square feet <br /> Cost per square foot occupied: $4.57 <br />