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CC PACKET 07301996
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CC PACKET 07301996
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Last modified
4/19/2016 5:54:48 PM
Creation date
4/19/2016 5:54:45 PM
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SP Box #
37
SP Folder Name
CC PACKETS 1997
SP Name
CC PACKET 07301996
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ST. ANTHONY MUNICIPAL LEASE ANALYSIS <br /> SAV II — LIQUOR <br /> BASE RENTAL OPTION 15 Year Rent Net <br /> Annual Rent Total Rent Reduction Savings <br /> Option A — Annual Rent Years 1 — 15 $80,000.00 $1,200,000.00 <br /> Option B — Annual Rent Years 1 — 5 $76,000.00 <br /> Years 6 - 10 $80,000.00 <br /> Years 11 — 15 $84,000.00 $1,200,000.00 $0.00 $0.00 <br /> Option C — Annual Rent Years 1 — 15 $76,000.00 $1,140,000.00 Undetermined — Could Exceed <br /> Plus CPI Adjustment Base Rent Costs <br /> BASE RENTAL WITH $100,000 REDUCTION 15 Year Net <br /> Annual Rent Total Rent Rent Savings <br /> Years 1 — 5 $64,000.00 Reduction <br /> Years 6 — 10 $68,000.00 <br /> Years 11 — 15 $72,000.00 $1,020,000.00 $180,000.00 $80,000.00 <br /> BASE RENTAL WITH $200,000 REDUCTION 15 Year Net <br /> Annual Rent Total Rent Rent Savings <br /> Years 1 — 5 $50,000.00 Reduction <br /> Years 6 — 10 $54,000.00 <br /> Years 11 — 15 $58,000.00 $810,000.00 $390,000.00 $190,000.00 <br />
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