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HomeMy WebLinkAboutResolution 51-15 The following resolution was offered by Trench, seconded by Spekulant $ ?or and in consideration of One ~ollar and other valuable consideration, the City of Columbia Heig~te does hereby grant to Ralph Green and associates an ootion for a period of two years from the date hereof to execute a lease for commercial use of Lot Fourteen (14), Block Nine (9), Hilltop, Columbia Heights, Anoka County, Minnesota. Should said option be exercised within the above stated time, the said City of Columbia Heights does hereby warrant that a lease will be issued as follows: Any construction to be ))laced upon said premises by the lessee, would be of such nature and construction as not to interfere with or im'Dair construction of a water ~ower on said lot by said City or Columbia Heights. The usage of said premises by lessee would be in com- pliance with sketch submitted by Liebenberg & Kaplan, Ara~itects, Minneapolis, Minnesota. A lease will be granSed for a period of Twenty years the annual rent of $500.00 payable each year in advance and in addition thereto, landscaping and general area m~intenance to be provided by said lessee. Said lease to contain an ootion for renewal by the lessee for an additional period of Twenty years upon similar rental. Said lease to require usual and necessary ins~rance provisions to save harming said City of Columbia Heights t}~ough Fire, windstorm, and associated l!.nes together with usual and necessary liability Insura.nces. Said lease to be drawn and aoproved by city attorney of said City of Columbia Heights. The option herein granted is irrevocable by said. city for the said period of two years. Eoll Call: All Ayes Said option ts hereby executed by said City of Columbia Heights by LeRoy Trafton, its City Ms. nager. Passed this 10th day of April, 1951. ~ /u~ ouncil ' Se~etarY t0' t~h~e C~~ ~-~ Nayor