Laserfiche WebLink
<br /> 11 --, <br /> I CITY OF ARDEN HILLS <br /> ~ MEMORANDUM <br /> DATE: September 9, 1996 <br /> I TO: Brian Fritsinger, City Administrator <br /> I FROM: Cindy S. Walsh, Parks & Recreation Director C> v1 <br /> SUBJECT: Finalization of Tennis Court Lease Agreement <br /> I Background <br /> I The Arden Hills #3 Homeowners Association contacted the City to inquire if the City would <br /> lease the tennis court area to the Association. The Association would be responsible for <br /> maintenance and use of the area. <br /> I The City Council received a draft of the lease agreement at the August 19, 1996 Council work <br /> session. With the exception of a few minor changes, the lease appeared to be acceptable to the <br /> I Council. <br /> Lease Agreement <br /> Ie The association will pay the City of Arden Hills $10,00 annually to rent the facility. The lease <br /> agreement will be for a term of five years and will automatically renew for an additional five <br /> I years unless either party gives written notice of cancellation at least 12 months prior to <br /> termination of the initial five year lease. The Association will be responsible for the maintenance <br /> of the facility. The facility will be leased from the City in its present condition, All <br /> I improvement costs will be the responsibility of the Association. <br /> A copy of the revised lease is enclosed for your review, The Association has had an opportunity <br /> I to review the lease. Representatives from the Association will be in attendance at the City <br /> Council Meeting to answer any questions the Council may have. <br /> I Recommendation <br /> Staff recommends approval of the lease of the former Sheehy tennis court to the Arden Hills #3 <br /> Homeowners Association. Council should direct staff to execute all appropriate documents. <br /> I Enclosure: I <br /> I <br /> I <br /> .. <br /> I <br />