8.1 SR 01-16-2024 - Laserfiche WebLink

Home Browse Search

LEASE AGREEMENT This LEASE AGREEMENT ("Lease") is made and effective as of January 16, 2024, by and between the CITY OF ELK RIVER, a Minnesota municipal corporation (hereinafter referred to as the "Landlord") and ELK RIVER YOUTH HOCKEY ASSOCIATION (hereinafter referred to as the "Tenant"). The Landlord and Tenant hereby agree as follows: ARTICLE 1 — LEASED PREMISES Subject to the terms, covenants and conditions of this Lease, Landlord does hereby lease and let unto Tenant, and Tenant does hereby lease and take from Landlord, a portion of property owned by Landlord located at 1000 School Street, Elk River, MN 55330 (the "Property"), in the space identified on Exhibit A attached hereto and incorporated herein, (hereinafter referred to as the "Leased Premises"). Tenant agrees to take and does take the Leased Premises in its "as is" condition. ARTICLE 2— TERM OF LEASE A. The term of this Lease shall be from January 16, 2024, through April 30, 2024 (hereafter referred to as the "Initial Term") upon the rentals and subject to the conditions set forth in this Lease, including Exhibit A attached hereto. B. Landlord shall have the right to terminate this Lease for any reason upon 30 days' written notice to Tenant. The notice to terminate shall state the date upon which the Lease is terminated, and the Leased Premises must be vacated. Tenant shall vacate the Leased Premises on or before that date. Failure by Tenant to vacate the Leased Premises on or before the termination date shall entitle Landlord to enter the Leased Premises, remove all property of Tenant and cause the Leased Premises to be put into the condition and state of repair required by this Lease. Tenant, on demand, shall pay the Landlord's costs thereof. ARTICLE 3 - USE A. The Leased Premises shall be used by the Tenant solely for the purposes set forth on Exhibit A hereto and for no other purpose without the prior written consent of the Landlord. B. The Leased Premises shall not be used in violation of any applicable federal, state, or local law, ordinance, rule, or regulation, and Tenant shall comply with the same at its sole cost and expense. C. Notwithstanding anything to the contrary herein, Tenant shall have the reasonable non-exclusive right to use the Leased Premises with the Landlord, its employees, agents and invitees, as may from time to time exist, including but not limited to the parking facilities, sidewalks, driveways, access ways, walkways, and landscaped areas and the Landlord shall have the full control, management and direction of the Property. The Landlord reserves the right at any time and from time to time to reduce, increase, enclose or otherwise change the size, location, layout and nature of the Property, including Leased Premises. zz�s i��z