Agenda - Council Work Session - 07/20/2010

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LEASE AGREEMENT CITY OF ANOKA I ANOKA TECHNICAL COLLEGE THIS AGREEMENT, is made and. entered into this ~ day of October, 2009, by and between the City of Anoka, a municipal corporation, located at 2015 First Avenue North, Anoka, Minnesota 55303 ("Landlord"}, and State of Minnesota, by and through the Board of Trustees of Minnesota State Colleges and Universities, on behalf of Anoka Technical College located at 1355 West Highway 10, Anoka, MN, 55303 {"Tenant"). 1. PREMISES DEMISED. That in consideration of the covenants and agreements hereinafter mentioned to be performed by the respective parties hereto, and. in payment of rental hereinafter designated to be made by Tenant in accordance with the provisions under this lease, Landlord has by these presents let, leased, rented and demised unto Tenant, its successors and assigns, and Tenant takes and hires from Landlord, the premises described as: 1. Torrens Certificate of Title Na 90735 That part of Lot 1, Black 2, HERRICK INDUSTRIAL PARK, Anoka County, Minnesota, described as follows: Beginnning at a point on the southwesterly line of said Lot 1 distant 1 UO feet northwesterly of the most southerly corner of said lot; thence northwesterly along said southwesterly line to the intersection with the hereinafter described "Line A"; thence north along said "Line A" to the intersection with the hereinafter described "Line B"; thence east along said "Line B" to a point distant 34.3 feet west of the east line of said lot, as measured along said "Line B"; thence southeasterly to a point on the east line of said lot distant 299.67 feet north of the most southerly corner of said lot; thence south, along said line, a distance of 199.67 feet; thence southwesterly to the point of beginning. "Line A" is a line 100 feet west of; measured at a right angle to and parallel with the west line of THURSTON AVENUE as shown. on said plat. "Line B" is a line drawn from a paint an the southwesterly line of said Lot 1 distant 567.87 feet northwesterly of the mast southerly corner of said lot to a paint on the east line of said lot distant 353.28 feet north of the most southerly coiner of said lot. The boundary lines of the above-described land are marked by Judicial Landmarks set pursuant to Torrens Case No. T-Zb 15. SUBJECT: To and together with the easements and rights of way and incidental rights, and easements for surface water drainage over portions of said Lot 1, as set forth in Crass Easement Agreement filed as Anoka County Recorder Document No. 550758. 2. Torrens Certificate of Title Na. 90735 Tlrat part of Lot 1, Block 2, HERRICK INDUSTRIAL PARK, Anoka County, Minnesota, lying westerly of the hereinafter described "Line A" and southerly of the hereinafter described "Line B,"