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(4) Tenant is required to carry a general public liability insurance policy(minimum$2M policy). City <br /> carries our standard Hazard Insurance--which is what we do on all leased properties. <br /> Alternatives include: <br /> 1)Adopt Resolution#24-03 8 Approving Youth First Community of Promise Lease Agreement at 6701 <br /> Hwy 10 NW(as presented); subject to City Attorney review <br /> 2)Adopt Resolution #24-038 Approving Youth First Community of Promise Lease Agreement at <br /> 6701 Hwy 10 NW (with changes); subject to City Attorney review <br /> 3) Not renew lease and put property on the market <br /> 4) Something else <br /> Funding Source: <br /> N/A <br /> Recommendation: <br /> Based on the lease history and work by Youth First in the community, staff recommends extending the lease for <br /> one year as requested by Youth First as presented. <br /> Action: <br /> Motion to Adopt Resolution #24-038 Approving Youth First Community of Promise Lease Agreement at <br /> 6701 Hwy 10 NW (as presented); subject to City Attorney review <br /> Attachments <br /> ACTION-Resolution#24-03 8 <br /> REFERENCE-Previous Lease-Youth First <br /> Form Review <br /> Inbox Reviewed By Date <br /> Brian Hagen Kathy Schmitz 01/18/2024 11:05 AM <br /> Form Started By:Sean Sullivan Started On:01/16/2024 02:18 PM <br /> Final Approval Date:01/18/2024 <br />