Agenda - Council - 10/12/2010 - Laserfiche WebLink

Home

Exhibit A Lease Addendum Subsequent Tenant Notice of Relocation Ineligibility This addendum to lease is made this day of , 2010 by and between Todd N. Bialon dba EZ Auto, ( "Landlord "), and ( "Subtenant") for the property at 7551 Highway 10 NW, Ramsey, Minnesota. WHEREAS, the City of Ramsey (the "City ") purchased the two parcels of property lying directly east of the property commonly known as 7551 Highway 10 NW Ramsey, Minnesota which two parcels are described on attached Schedule 1 (the "Premises "). The City purchased the Premises for the future purposes of a U.S. Highway 10 Road Improvement Project (the "Project "). The Project will require all occupants including any of Tenant's Subtenants of the Premises to vacate the Premises as of yet on an undetermined date. At a minimum, any Subtenant will receive a 90 Day Notice to Vacate from the City. The Todd N. Bialon dba EZ Auto's lease of a part for the Premises described on attached Schedule 2 with Subtenant is conditional upon the following terms: 1. The Subtenant understands that, it/he /she is leasing the Premises after the City. has acquired and became fee owner of the Premises. 2. The Subtenant is a "subsequent tenant" to the acquisition by the City and as such, will not be considered a "displaced person" as defined by Minnesota Statute § 117.52, the Minnesota Uniform Relocation Assistance Act. 3. "Subsequent tenants" ARE NOT eligible to receive any relocation assistance, such as actual moving costs or business reestablishment expenses from the City at the termination of this sublease. 4: This Lease Addendum is a Notice of Relocation Ineligibility, and it is not a waiver of benefits. Todd N. Bialon dba EZ Auto Landlord — Todd N. Bialon Subtenant Date: Date: City of Ramsey fee owner of the Premises acknowledges this Sublease Addendum By: Date: