4.13. SR 03-07-2016 - Laserfiche WebLink

Home Browse Search

Lease Agreement Between Sherburne County Agricultural Society and Sherburne County This Lease, effective the first day of June 2015 by and between Sherburne County Agricultural Society ("Fair"), and Sherburne County, Minnesota, hereinafter ("County"). WITNESSETH: The County agrees to Lease to the Sherburne County Agricultural Society and it in turn agrees to rent from the County, the following Property, legally described as set forth in Exhibit A. This legal description is evidenced by the attached aerial identified as Exhibit A. This lease is based upon the following terms and conditions: 1. PARTIES AND PROPERTY: (a) The County: The County has as its governing board the Sherburne County Board of Commissioners. The Board's representative is its County Administrator or his Designee. (b) Sherburne County Agricultural Society has as its governing board the Sherburne County Fair Board and its representative is its President or designee. (c) Property: The property being leased shall NOT include the right of access at any point during the term of the lease to the building marked as the "Sheriff's" building in the attached Exhibit A. The Property to be leased shall include all lands, parking, all buildings excluding the Sheriffs building and Sheriff s office. 2. TERM AND USE: The term of this Lease shall commence on the 1 st day of June 2015 and shall continue for ten years, subject to certain conditions as set forth in this Agreement and subject to extension or sooner termination as provided in this Agreement. The Sherburne County Agricultural Society may not use the premises for any unlawful use. 3. RENT: (a) FIXED RENT: The Sherburne County Agricultural Society shall pay to the County as and for fixed rent for the premises the amount of S 1.00 per year. This amount shall be paid on or before the 15`h of January of each year for the duration of the Lease term. (b) MAINTENANCE OBLIGATIONS: The County shall conduct at its own cost a Facility Assessment of all buildings and improvements on site. Any repairs or improvements shall be ranked by safety, need and return on investment. Sherburne County Agricultural Society shall be entitled as Lessee to have input in the prioritizing of the repairs and improvements with the final and sole determination by the County Board. The County shall be responsible for the repair and maintenance of the following buildings and permanent improvements: Sheriff's building. The County shall be responsible for the