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-~lC~r~:~C.4k~t ,~1C~1 <br />SITE LEASE AGREEMENT <br />ELK RIVER <br />This Site Lease Agreement ("Agreement") is made and entered into on the effective date by and between the Elk <br />River Municipal Utilities, a Minnesota municipal utility ("LESSOR")whose address is P.O. Box 430, Elk River, <br />Minnesota 55330 and the Metropolitan Council, a public corporation and political subdivision of the state <br />("LESSEE") whose address is 390 North Robert Street, St. Paul, MN 55102 for the leasing of certain real property <br />pursuant to the following terms: <br />PROPERTY. The property interests hereby leased (collectively, the "Leased Premises") and granted by <br />LESSOR include the following property: <br />The property is located at 18586 Gary Street. Elk River. Minnesota. The property is comprised of the <br />water tower ("Structure") exterior space for attachment of non-guyed antennas, space required for cable <br />runs to connect equipment and antennas, non-exclusive easements required to run utility lines/cables, a <br />non-exclusive easement across LESSOR properly, (hereinafter defined) for access in or upon the <br />LESSOR'S real property ("LESSOR'S Property"). LESSOR'S Property is legally described in Exhibit A <br />attached hereto, and the locations of the equipment and antennas on the Structure are depicted on Exhibit <br />B attached hereto. <br />2. TERM. The initial term of this Agreement shall commence on the effective date and shall terminate on <br />December 31.2028. <br />OPTION TERM. LESSEE may extend the term of the Agreement for an additional twenty (20) years <br />(the "Option Term"). Rent for the Option Term, if exercised, shall be $1,000 per year. All other <br />terms of this Agreement shall remain in full force and effect upon renewal. LESSEE shall give <br />LESSOR written notice of its intention to exercise the option term at least Ninety (90) days prior to <br />the expiration of the initial term. <br />4. RENT. The LESSEE shall pay LESSOR Nine Thousand Dollars ($9.OOOZfor the use of the Leased <br />Premises for the Term of this Agreement. Payment of said rent shall be made within thirty (30) days from <br />the effective date of this Agreement. <br />USE. LESSEE may use the Leased Premises for the purpose of installing, removing, replacing, <br />maintaining, modifying, altering and operating its communication fixtures and related equipment <br />antennas, cables, accessories and improvements (collectively the "Communications Facility"). LESSEE <br />intends to use the Communications Facility to support the operation of the Northstar Commuter Rail <br />system and Riverdale Station. LESSEE shall not use the Communications Facility for any other use, <br />unless expressly agreed to in writing. The manner in which the Communications Facility may be attached <br />to the Leased Premises shall be documented on Exhibit B and any subsequent documents as needed, and <br />is subject to the prior approval by LESSOR, such approval not to be unreasonably withheld, conditioned, <br />or delayed. Any proposed modifications or alterations to the LESSOR's structure that may affect its <br />structural integrity shall be included in the documentation provided by the LESSEE and shall include <br />plans and drawings signed by a professional structural engineer licensed in the State of Minnesota. <br />LESSOR shall provide LESSEE with supervised twenty-four (24) hour, seven (7) day a week year round <br />access to the Leased Premises. LESSEE shall pay the cost of supervision during non-business hours. <br />LESSEE shall pay all personal property taxes (if any) assessed against its Communication Facility. <br />LESSEE will not allow any mechanics liens to be perfected against the Leased Premises as a result of <br />