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Agenda - Council - 10/13/2015
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Agenda - Council - 10/13/2015
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3/17/2025 4:11:28 PM
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Meetings
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Agenda
Meeting Type
Council
Document Date
10/13/2015
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due on the next succeeding June lof the year in which the real estate property tax increase is <br />effective, and each succeeding first day of the month thereafter shall be increased to equal 1/12 <br />of the annual real estate property taxes then levied against the Leased Property. <br />3. ADDITIONAL RENT: <br />a. Operating Expenses. Tenant shall pay all operating expenses including utilities <br />incurred by Tenant in operating the Leased Property. The term "Operating Expenses" shall <br />include but not be Limited to maintenance, repair, operation of utilities and lighting), parking and <br />landscaped areas, signs, snow removal, non-structural repair and maintenance of the exterior of <br />the building all associated with the premises being rented. Failure to pay operating expenses <br />when due shall constitute a default under this lease. <br />The payment of the sums set forth in this paragraph 3. shall be in addition to the Base Rent <br />payable pursuant to paragraph 2. of this Lease. If Tenant fails to pay the Operating Expenses <br />when due, Landlord may pay,same and the same shall be immediately due to Landlord from <br />Tenant together with 10% interest per annum. <br />The above is sometimes called the "Additional Rent" <br />b. Tenant shall not be responsible for the payment of any real estate taxes. Real <br />estate taxes shall be the sole responsibility of Landlord, except as required in 2.b. above. <br />4. COVENANTS TO PAY RENT: <br />The covenants of Tenant to pay the Base Rent and the Additional Rent are each independent of <br />any other covenant, condition, provision or agreement contained in this Lease. All rents are <br />payable to Landlord at Ramsey Municipal Center, 7550 Sunwood Drive NW, Ramsey, <br />Minnesota, or such other place as Landlord may designate: <br />5. UTILITIES: <br />Tenant shall provide mains and conduits to supply electricity to the Leased Property. Tenant <br />shall pay, when due, all charges for, garbage disposal, refuse removal, electricity, telephone <br />and/or other utility services or energy source furnished to the Leased Property during the term of <br />this Lease, or any renewal or extension thereof. IN ADDITION Tenant shall be responsible to <br />pay the City of Ramsey's quarterly storm water utility charge. If Landlord .elects to furnish any <br />of the foregoing utility services of other services furnished or caused to be furnished to Tenant, <br />then the rate charged by Landlord shall not exceed the rate Tenant would be required to pay to a <br />utility company or service company furnishing any of the foregoing utilities or services. The <br />charges thereof shall be deemed Additional Rent in accordance with paragraph 3. Landlord shall <br />not be liable for, and Tenant shall not be entitled to any abatement or reduction of Base Rent or <br />by reason of Landlord's failure to furnish any of the foregoing utilities, when such failure is <br />caused by accident, breakage, repairs (including replacements), strikes, lockouts or other labor <br />disturbances or labor disputes of any character, or for any other causes. <br />2 <br />
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