2006-03-08 CC Packet - Laserfiche WebLink

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Tbis Lease Agreement effective this day of 2006, between the City ofCirole Pines, a Municipal Corporati~ referred to in this Lease as "LmIIord", -and- tho Board of PoIicc Commissioners of the Cities of CenterviJlo, Circle Pines and IAxiDfon referred to in this Lease as "TeDBDt." 1. Leawd ftwn---- Landlord Leases to Tenant aDd Tenant hires &om Landlord, in accordance with the proYisioas of this Lease, the land, toptber with the buildiDs aad improvemads thereoD, located in the City of Circle Pines more particularly described in Schedule A aonexed to and made part of this Lease; dID land, buildiDs mI improwments beiDa ref.... to in this Lease 8S the "Premises." This Lease is made subject to such facts as an accurate survey may disclose easements, rights of way and restrictioos of record. 2. :b!Ig, TbD term oftbis Lease sbaU be for fifteen (IS) years, COJDJDDncina January 1,2006 and endins miduisht, December 31, 2021. 3. TeMldt. Use o'dIe ......... (a) Use bv TeD8ld ... CertUkate of ~1Ift'.. Tenant shaD use and occupy the Premises only as and for Police Headquarters. In the event required, Tenant sbaD, at Teaant'. own expeDSO, apply for and obtain a Certificate of Occupancy with respect to the Premises, ..sed upon the use set forth above, &om the appropriate authority, prior to tho COIIIIIleIICCID elate oftbD Lease. (b) P.roIdbited Use. T eaant sball not occupy nor use aU or any part of the Premises nor permit or suffer the Premises to be occupied or used for any purpose other than as prcMded for in this Lease. 4. Rent. A........ RelIt .... Other ... to .. PaId bv T-DtIIIt. (a) Reat. Tenant sba11 pay Landlord rent in the amount of Sloo,ooo DoDars on Aupst 1, 2006. (b) Additional Rent Based UllOa Real Estate Toes. As aclditicma1 rent, Tenant shaD pay LandIorcl the aanuaI real estate taxes, if IIDJ, and assessments, if any, assessed and Imcd apinst tho Premises, on the first (1st) day of eacb month, in ad.la, in a sum equal to 1/12th of the real estate taxes aad assessmen1s duo aad payable for the then calendar year, (0) Additional Reat Based UllOa Assessments lor Public ImnrovemeJds. As additional rcat, upon dcmancI. Tenant shall pay Landlord aU assessments, if any, for public improvements assessed and lewed against the Premises. If any assessment for public improvements sball be payable in ~ Landlord sba11 pay such asses.... in the maximum number ofiaml'menta permitted by law, and Tenant's obliption to pay additicmal rent sbaU be limited to eacb installment thereof due and payablo cIuriDa the leaso term. (d) Additioaal aent Based UDDn Other SDIIIL Teuant sbaU pay Landlord, as additioual rent, aU other sums of money on Tenant'. part to be paid pursuant to tho terms, coWllllds aad conditicms oftbis Lease. 3