Laserfiche WebLink
. JUL-12-96 FRI 09:38 AM THE SCHOENING GROUP FAX NO. 9201369 P. ' <br /> � D <br /> SALO <br /> LsAstw. <br /> 6800 FmNCe AvrNive Souni <br /> Sum!120 <br /> CONSULTBVG <br /> vALVA'no. THE SCHOENING GROUP INC EDLYA,A'(1.YNE$OTA 55¢35 <br /> To-,(612)920-1266 <br /> 9m)KATESeRwcFs COMMERCIAL REAL ESTATF. SERVICES FAX!(612)920-1369 <br /> July 11, 1996 <br /> Mr. Michael Mornson <br /> City Manager <br /> City of St. Anthony Village <br /> 3301 Silver Lake Road <br /> St. Anthony,Minnesota 55415 <br /> RE: City Liquor Store Lease <br /> St.Anthony Village Minnesota <br /> Dear Mike: <br /> This letter is intended to outline the proposed terms and conditions of a lease at 3800 <br /> Silver Lake Road, St. Anthony,Minnesota. Please review the following: <br /> Property: 3800 Silver Lake Road <br /> St. Anthony Village,MN <br /> Premises: Existing Building: 3,772 square feet <br /> Building Expansion: 4.228 square feet <br /> TotaL• 8,000 square feet <br /> Note: Exact square footage shall be subject to field <br /> verification. See Exbibit A. <br /> Undlard: Ste, Marie Company <br /> Tengnt: St. Anthony Village <br /> Terns: Fifteen(15)years <br /> Lease Commencement: Rent will commence upon opening for business, but no later <br /> than December 1, 1996,, <br /> • Apache Wells: Effective August 1,1996,Landlord shall terminate the <br /> existing Apache Wells lease effective with the lease <br /> eommeneement whirls currently Las au estimated remaining <br /> balance in excess of$150,000. In the event Landlord and <br /> Tenant do not enter into a mutually lease, Tenant shall be <br /> obligated to pay rent per the current lease retroactive to <br /> August 1,1996. <br />