Agenda - Council - 11/13/2012 - Laserfiche WebLink

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The proposed sublease is not an agreement between the City of Ramsey and First Choice Towing INC. Ultimately, Independent Auto INC is responsible for upholding the existing lease agreement with the City of Ramsey (and the proposed second agreement). The proposed sublease before the Council is under consideration because the City owns the Subject Property; and it is written in the existing lease (and in the second proposed lease) that any additional use of the Subject property must be approved by the City Council through a sublease. A sublease provision provides the City with protection against the tenant using the Subject Property for an undesired use. From a Staff perspective, there are no regulatory issues with the proposed sublease. NOTE: it is written in the sublease, First Choice Towing INC must comply with all rules and regulations outlined in the lease agreement between the City of Ramsey and Independent Auto INC. Attached to this case are both proposed leases. Recommendation: Staff recommends approval of the proposed lease agreement between Independent Auto Service INC and the City of Ramsey. Additionally, Staff recommends approval of the proposed sublease agreement between Independent Auto Service INC and First Choice Towing INC. Funding Source: Property management is a duty of administrative and finance staff. Council Action: Motion to [Approve/Deny] proposed lease agreement between Independent Auto Service INC and the City of Ramsey, subject to the review and approval of the City Attorney. -AND- Motion to [Approve/Deny] proposed sublease agreement between Independent Auto Service INC and First Choice Towing INC., subject to the review and approval of the City Attorney. Attachments Sublease Agreement Ref Map Lease Agreement (Cold Storage Area) Form Review Inbox Reviewed By Date Kurt Ulrich Kurt Ulrich 11/08/2012 04:10 PM Form Started By: Kathy Schmitz Started On: 11/08/2012 11:26 AM Final Approval Date: 11/08/2012