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CC RES 92-028 RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE LEASE AGREEMENT FOR 2800 KENZIE TERRACE N.E.
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CC RES 92-028 RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE LEASE AGREEMENT FOR 2800 KENZIE TERRACE N.E.
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RES 1992
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CC RES 92-028 RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE LEASE AGREEMENT FOR 2800 KENZIE TERRACE N.E.
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City of St. Anthony <br /> Lease Agreement for <br /> 2800 Kenzie Terrace <br /> Page 9 <br /> ARTICLE 19. TERMINATION. <br /> Tenant agrees that, in addition to the right of termination related to termination of <br /> the Parkview lease as set forth in the preceding paragraph, Landlord shall have <br /> the right to terminate this lease at any time upon 30 days prior written notice to <br /> Tenant. In the event Landlord exercises its right to terminate this lease pursuant <br /> to this paragraph, Landlord will pay to Tenant a termination fee based upon the <br /> unamortized cost of certain improvements installed in the leased premises by <br /> Tenant. If the termination occurs in the second 12 month period, the termination <br /> fee shall be $1,500. If the termination occurs in the third 12 month period, the <br /> termination fee shall be $1,000. If the termination occurs in the fourth 12 month <br /> period, the termination fee shall be $500. If this lease is terminated by Landlord <br /> any time after the fourth anniversary of the date of this lease, no termination fee <br /> will be paid to Tenant. <br /> ARTICLE 20. OTHER PROVISIONS. <br /> Attached is Exhibit A hereto and made a part hereof are Supplemental provisions <br /> to this Lease relating to the following top or topics: Diagram of leased space. <br /> IN WITNESS WHEREOF, the parties hereto have executed this Lease the day and year <br /> first above written. <br /> For: CITY OF ST. ANTHONY <br /> Date Its Mayor <br /> (11 C1a <br /> Date Its C' Manager <br /> For: PHIL LaMERE d/b/a BARBER <br /> STYLISTS <br /> Date Its <br />
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