Laserfiche WebLink
<br />. <br /> <br />RESOLUTION 92-123 <br /> <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION AUTHORIZING CITY OFFICIALS TO EXECUTE AND <br />DELIVER LEASE SUPPLEMENT AND AGREEMENT GRANTING DRIVEWAY <br />EASEMENTS IN CONNECTION WITH LEASE DATED DECEMBER 1, 1972, <br />BETWEEN CITY AND GUARDIAN ANGELS FOUNDATION OF ELK RIVER, <br />INC., (NOW KNOWN AS GUARDIAN ANGELS HEALTH SERVICES, INC.) <br /> <br />WHEREAS, the City is a party to that certain Lease dated <br />December 1, 1972, (the "Lease") between the City, as <br />lessor, and Guardian Angels Foundation of Elk River, <br />Inc., a Minnesota nonprofit corporation, now known as <br />Guardian Angels Health Services, Inc. (flGAHS"), as <br />lessee, made in connection with revenue bonds issued <br />in 1972 to finance the development of Elk River <br />Nursing Home; and <br /> <br />WHEREAS, Angel Ridge, Inc., a Minnesota nonprofit corporation <br />affiliated with GAHS will be acquiring and developing <br />a site for supportive housing for elderly persons, <br />which site adjoins the real property subject to the <br />Lease, and will require a driveway easement over a <br />portion of the property subject to the Lease; and <br /> <br />. <br /> <br />WHEREAS, the proposed driveway easement is described in and is <br />a part of the plat of Guardian Angels Addition <br />approved by the City Council at its meeting held <br />on September 21, 1992; and <br /> <br />WHEREAS, Section 8.02 of the Lease requires that, to establish <br />a new easement over the real property subject to the <br />Lease, the City and GAHS must enter into a Lease <br />Supplement subordinating the Lease to the easement <br />and must execute and deliver an instrument <br />establishing the easement; <br /> <br />NOW, THEREFORE, BE IT RESOLVED: <br /> <br />1. That the Mayor and City Administrator are hereby <br />authorized and directed to execute and deliver a <br />Lease Supplement subordinating the Lease to the <br />driveway easement described in the plat of Guardian <br />Angels Addition; <br /> <br />. <br />