05-28-2019 Council Packet - Laserfiche WebLink

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CITY OF ORONO / DONATION GARDEN AMENDMENT NO. 1 TO THE LEASE AGREEMENT THIS LICENSE AGREEMENT made and entered into by and between the City of Orono, a Minnesota municipal corporation, whose address is P.O. Box 66, Orono, MN 55323 (the "CITY") and Janie Delaney, the Donation Garden representative, whose office address is 1315 Woodhill Avenue, Wayzata, MN 55391 (the "LICENSEE"). WITNESSETH WHEREAS, the CITY and the LICENSEE are signatories to the Lease Agreement, whereby the CITY grants to the Licensee a non-exclusive license to use a portion of 2300 Fire Station Drive ("Property") for a Donation Garden under the terms and conditions specified herein; and WHEREAS, the CITY has proposed an extension of the lease agreement; and WHERAS, the CITY has proposed an extension of the number of days notice to the LICENSEE in the event the City receives an executed purchase agreement for the Property or a portion thereof; and NOW THERFORE, IT IS HEREBY AGREED that the Lease Agreement between the herein -named parties is hereby amended in accordance with the provisions set forth below: Section 2 shall be amended to read: 2. Term. The term of this License Agreement shall commence upon its date of execution and end on December 31, 2027, unless terminated prior thereto as provided herein. At the expiration of the initial term, this License Agreement shall be automatically renewed for up to five (5) successive one-year terms, unless either party gives written notice to the other party of its intent to terminate this License Agreement at the end of the initial term or renewal term, as the case may be. The terms and conditions during any renewal term shall be the same as the terms and conditions during the initial term of this License Agreement. The City reserves the right to terminate this License Agreement upon one hundred and eighty (180) days notice to Licensee in the event the City receives an executed purchase agreement for the Property or a portion thereof. THE REMAINDER OF THIS PAGE IS BLANK.