Laserfiche WebLink
A ENDMENT ONE TO LEASE <br />DATE: January 2811, 2015 <br />PROPERTY ADDRESS <br />An unimproved pareelimmediately west of 6'781 'Highway I ONW , Ramsey MN approximately 15,000 <br />square 'feet of outside storage space located m the southern section (Able real property legally described as <br />TRACT A REGISTERED LAND SURVEY NO 249 Anoka County, Minnesota PID # 34-32-25-21-0103 <br />WHEREAS, City of Ramsey Landlord, and Pro Power Sports & Mari t e, Inc. Tenant, <br />have entered into a Lease Agreement dated March I„ 2014 (Tease"): <br />WHEREAS, Tenant's Lease is set to expire on February .2015. <br />WI 11 Paragraph 5b -Option Term"' allows the Tenant to extend the lease for an <br />additional one (1) year. <br />WHEREAS, Tenant wishes to exercise the "Option 1erm7 to extend the lease for an <br />additional one (1) year term, <br />NOW THEREFORE: Landlord and Tenant agree to the l'ollowingt <br />1) Tenant's Lease shall be extended from February 28111, 2015 through February 28111. <br />2016. <br />2) Tenant's monthly rental payment will change from $525.00 per month to $540.75 <br />per month beginning on March 1. 2015 and will continue at $540.75 per month <br />through the expiration oldie licase term on February 2817, 2016. <br />3) Except as expressly amended hereby. all of the terms, provisions. covenants and <br />conditions of the Lease are hereby ratified and confirmed and shall continue in <br />full force and effect. <br />ltandlord: Tenant: <br />City of Ramsey Pm Pow <br />By: By <br />a ne Inc. <br />Its: lts <br />Date: Date: <br />tst <br />