Laserfiche WebLink
EXHIBIT A <br /> FINAL <br /> LEASE <br /> • (Multi-Tenant Building) <br /> THIS LEASE, made as of the / ? day of (1a-A-<1- 1997, by and between <br /> Larry Hickman, hereinafter called "Landlord" and City of Elk River Economic <br /> Development Authority, a Public Body Corporate and Politic, hereinafter called "Tenant." <br /> ARTICLE I. - BASIC TERMS <br /> 1.01 (A) Address of Landlord: 12888 - 187th Circle NW <br /> Elk River. MN 55330 <br /> or such other address as may from time to time be designated by Landlord in writing. <br /> (B) Address of Tenant: Elk River City Hall <br /> 13065 Orono Parkway <br /> Elk River. MN 55330 <br /> or such other address as may from time to time be designated by Tenant in writing. <br /> (C) Premises: Approximately 13.186 square feet of space in the Building as shown on <br /> Exhibit "A" attached hereto. <br /> • (D) Building: The building in which the Premises is located,o ated, the common address of <br /> which is 16820 Highway I0. consisting of approximately 28.000 square feet, together <br /> with the land, and any parking areas, walkways, landscaped areas and other <br /> improvements appurtenant thereto. The legal description of the parcel of real estate <br /> on which the Building is situated is attached hereto as Exhibit "B". <br /> (E) Term: The period of time commencing April 15. 1997 and expiring April 14. 1999 <br /> unless sooner terminated as set forth herein or extended as provided in Article III <br /> hereof. <br /> (F) Rent: All sums, moneys or payments required to be paid by Tenant to Landlord <br /> pursuant to this Lease. <br /> (3) Base Rent: 111111Pfor the TermilErper square foot), payable as follows: <br /> (I) WO per annum 111131per month) for the period from April 15. 1997 <br /> through April 14. 1998; <br /> (2) MS per annum per month) for the period from April 15. 1998 <br /> through April 14. 1999: <br /> • <br /> 1. <br />