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Lease Revenue. The revenue received from the lease is applied to City administrative costs, property <br />maintenance and to reimburse the Right -of -Away Acquisition Loan Fund (RACE). <br />Recommendation: <br />Staff recommendation is to approve Resolution #25-094 as presented. <br />Action: <br />Motion to adopt Resolution #25-094 Approving Lease with Mille Lacs Motor Sports II, Inc. for Rear 18,200 <br />Square Feet of 6701 Hwy 10 NW (as presented); subject to City Attorney review. <br />Attachments <br />Site Location Map <br />ACTION - Resolution 25-094 <br />ACTION - Lease 6701 Hwy 10 18200 SF Cold Storage <br />Inbox <br />Sean Sullivan (Originator) <br />Brian Hagen <br />Form Started By: Sean Sullivan <br />Final Approval Date: 05/08/2025 <br />Form Review <br />Reviewed By <br />Sean Sullivan <br />Brian Hagen <br />Date <br />05/06/2025 10:29 AM <br />05/08/2025 02:37 PM <br />Started On: 04/28/2025 03:39 PM <br />