08-27-1990 Council Packet - Laserfiche WebLink

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GENERAL LEASE ThiA a i Irav This l(w rs datrd July 19.^ Ii IS a kfjl ifrrtmcm lo rent the pro(>rn\ denribed hel«>« The «orld I. ANDLOR D as used in this l ease means and the Landloid’s address 6 ---------------------------------------------------------------------------------- ndlord The Asoed TENWT as uted m this L.ase means ORONO Public schools INOCPtNOENT SCHOOL DISTRICT NO. 278 ilso known it This Lease is a lepi contract that can be en/oretd m coun apinsi the Landlord or the Tenant if either one of them does not compK »iih this Lease I Oevripfion of Properl). The Properts o located at in the Counts of _____Hennepin----------------------------- Coflynereg Blvd.. Hound. HN SST64 Sute of Minnesota, on property described as fonoms Conmenclng it the Northeast corner of the South Half of the Northeast Quarter of the Southeast Quarter of Section 14, Township 117, Range 24; thence southerly along the east line of said Southeast Quarter a distance of 225.00 feet to the point of beginning; thence westerly, parallel to the north line of said South Half of Northeast Quarter of Southeast Quarter, a distance of 398.63 feet; thence deflect to the left 90 degrees, 00 uinutes, 00 seconds, 158.39 feet; thence deflect to the left 89 degrees, S7 minutes, 22 seconds, 390.86 feet, more or less, to the east line of said Southeast Quarter of Section 14; thence northerly along said east line 158.39 feet to the point of beginning. This lease is being executed contemporaneously with a sim1.)ar lease with Independent School District No. 277 for the same term, it being understood that the two school districts will share occupancy by mutual agreement. 2. Term of Le&s«. This Lease is for a term of______________________lepnnini on _ 4pr11 1_____________^ 3. Rem. Three Thousand One Hundred Fi ftva Amount. The icni for (he propeny is *tS -B.ISO______) per Six months payable at the rate of iS2S per month DoHars bcolnina April 15.1991 and ending September 15. 1991. b. PaimenC. The rent paxmcni for each month musi be paid before the 15th Of each month at Landlord's address Lartdiord docs not base to five notice lo Tenant to pa> the rent. 4. Quiet Enjo> mem. If Tenant pa>s the rent and complies miih all other lenrn of this lease. Tenant mav use the Propenv for the lerm of this Lease and during said hours. 5. Rifhl of Entry. Landlord and Landlord* s agents ma> truer the propen> at reasonable hours to repair or inspect the Propeny and perform any %ofk that landlord decides is necessary In addition, the Landlord may shorn the Propeny to possible or neu Tenants at reasonable hours dunng the last ---------------da>s of the Lease term. Esetpt in the case of an emergency. Landlord shaO give Tenant reasorubk nona before entering the Propem. 6. Anignmeni and Subletting. Terunima^TlIm'aavi^^ Lease, lease the Propeny to anyone else (subki). sell itus Lease oe permit any mher per^nto use the Propenv miihout the prior urmlti'COQj^of the Landlord If Tenant does any ofihese ihinfs. Landlord mav terminate this LeaK. Any assignment or sublease made wuhouTTyndl^j^ mntten coruent mill not be effeciive. Tenant must get LarsdloftTs permission each time Tenant wants to assign or sublet Landlor3YpacqT^tbn is good only for that specific assignment oe subleaic. —^ 7. Surrender of Premhet. Tenant than gjveLaodloftTpossession of the Propeny when this Leasrends.<Wher "^efuni onovts owl Tenant shall leave the Propeny in as |og(L»<oT^f)r»on as u was when the Lease oan^. with the exception of reasc^bk wear and tear