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HomeMy WebLinkAboutCC WORKSESSION 10032016 Work Session Agenda Monday, October 3, 2016 5:30 p.m. 1. Community Center Lease Mark Casey, City Manager presenting 2. Sustainability Tour Map. Mark Casey, City Manager presenting http://dev.datalink.wsbeng.com/SAVTour/ 3. Adjournment Next Work Sessions: Monday, October 31, 2016 at 5:30 p.m. 1 . C o m m u n i t y C e n t e r L e a s e MEMORANDUM TO: Mayor and City Council FROM: Mark Casey, City Manager SUBJECT: Community Center Lease DATE: October 3, 2016 The lease between the City of St. Anthony Village and the St. Anthony/New Brighton School District #282 originally executed September 24, 1996, and amended January 1, 2008 and June 1, 2010, will expire on December 31, 2016. Due to continually increasing personnel and operating costs, it is necessary that the annual lease charge be increased. The agreement would renew January 1, 2017, effective for the 2017-2018 school year. The agreement would then subsequently renew January 1, 2026, effective for the 2027-2028 school year. I offered Superintendent Robert Laney an annual escalator of 2.25% or a step increase after 5 years. Mr. Laney preferred the step increase. The proposal reflects an increase in the annual rent to $127,300 for the first 5 years, and an increase to $159,730 in 2022 for the remaining 5 years. Year Lease Amount 2017 $127,300 2018 $127,300 2019 $127,300 2020 $127,300 2021 $127,300 2022 $159,730 2023 $159,730 2024 $159,730 2025 $159,730 2026 $159,730 Attachments: Community Center Lease Analysis Depreciation Schedule Community Center Floor Plan w/Allocations 2. S u s t a i n a b i l i t y T o u r M a p