Loading...
HomeMy WebLinkAbout2000-025 CCRMember Kay Tasman introduced the following resolution and moved its adoption: RESOLUTION NO. oo- 5 RESOLUTION AUTHORIZING LEASE ADDENDUM FOR NORTHBROOK LIQUOR STORE WHEREAS, attached hereto and incorporated herein by reference as Exhibit A is a lease addendum between Northbrook Partners and the City of Brooklyn Center for the Northbrook Liquor Store; and WHEREAS, such addendum would extend the lease through March 31, 2001, with the same rental rate as last year; and WHEREAS, the terms and conditions set forth in the proposed addendum are reasonable and proper. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center that the Mayor and City Manager be and hereby are authorized to execute the lease addendum attached hereto as Exhibit A on behalf of the City of Brooklyn Center. .Tarn rar~i 9&- 900n Date nift '-/gmj~ ATTEST: _ City Clerk Y Mayor The motion for the adoption of the foregoing resolution was duly seconded by member Robert Peppe and upon vote being taken thereon, the following voted in favor thereof: Myrna Kragness, Debra Hilstrom, Kay Lasman, Ed Nelson, and Robert Peppe; and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted. RESOLUTION NO. 00-25 Exhibit A LEASE ADDENDUM THIS ADDENDUM is made and entered into this day of January, 2000 by and between Northbrook Partners ("Landlord") and the City of Brooklyn Center, a Minnesota municipal corporation ("Tenant"); WITNESSETH: WHEREAS, Landlord and Tenant entered into a Lease Agreement, dated February 1, 1994, for the Tenant's Northbrook Liquor Store ("Lease Agreement"); and WHEREAS, the Lease Agreement was modified by a Lease Addendum, dated as of May 4',1989 (the "1989 Lease Addendum"); and WHEREAS, the Lease Agreement was modified by a Lease Addendum, dated as of February 2, 1998 (the "1998 Lease Addendum"); and WHEREAS, the parties wish to extend the Lease Agreement as hereinafter set forth; NOW, THEREFORE, on the basis of the premises and the mutual promises hereinafter set forth, the parties agree as follows: 1. The Lease Agreement term is extended to March 31, 2001. 2. That part of Article 46 of the Lease Agreement that sets Minimum Rent is amended to add the following: April 1, 2000 through and including $7.75 per square foot March 31, 2001 $2,273.33 per month 3. All other provisions of the Lease Agreement as amended by the 1989 Lease Addendum shall remain in full force and effect. LANDLORD: NORTHBROOK PARTNERS By Its TENANT: CITY OF BROOKLYN CENTER Be 0 V r~ Its May And By Its Manager BLw-172094YI BR291-14