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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 County of Hennepin and the <br /> State of Minnesota, viz: <br /> That portion of the building (hereinafter called the "Building") located at <br /> 3301 Silver Lake Road, and legally described on Exhibit 2 attached hereto <br /> and made a part hereof (the "Property"), which leased portion of the <br /> Building is shown crosshatched on Exhibit 1 attached hereto and made <br /> a part hereof (the "Leased Premises"). <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 kind <br /> on or about the leased premises except as provided herein, for the term of twelve (12) <br /> 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 prior <br /> demand and without any deduction or set-off, in monthly installments of <br /> $8,333.33 for January 1 , 1997 through December 31 , 1997, for a total annual <br /> rent in the amount of $100,000.00 for 1997. Attached to this Lease is the <br /> expectant payment schedule from the School District over the next 20 years <br /> (1997 -2016). <br /> ARTICLE 2. TERM. <br /> The term of this lease shall be twelve (12) months commencing on January 1 , <br /> 1997 and terminating on December 31 , 1997 unless terminated at an earlier <br /> date as hereinafter provided. <br /> ARTICLE 3. UTILITIES AND SERVICES. <br /> • Landlord agrees to furnish heat, water, sewer service, and electricity in <br /> reasonable amounts, and snow removal, but Landlord shall not be liable for any <br />