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Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION #25-097 <br />APPROVING LEASE AGREEMENT OF 6745 HWY 10 NW (FRONT) WITH MILLE <br />LACS MOTOR SPORTS II, INC <br />WHEREAS, Mille Lacs Motor Sports II, Inc. (the "Tenant") has leased indoor and outside <br />storage space located at 6781, 6701 and 6745 Hwy 10 NW for several years; and <br />WHEREAS, Mille Lacs Motor Sports II, Inc. has asked the City to consider a lease <br />extension in order to figure out a long-term solution for Powerlodge in Ramsey for the front portion <br />of 6745 Hwy 10 NW (as depicted on Exhibit A "Lease Reference Map") from June 1, 2025- <br />January 31, 2026; and <br />WHEREAS, Mille Lacs Motor Sports II, Inc. (Power Lodge) has been a good tenant for <br />the duration of its previous leases with the City; and <br />WHEREAS, improvements identified in a memo dated April 6, 2021 by the Building <br />Official have been made to the Lease Property prior to the Tenant move in and operation (including <br />fill for Pit Area); and <br />WHEREAS, Mille Lacs Motor Sports II, Inc. has agreed to the terms in the attached Lease <br />Agreement including but not limited to the terms below: <br />- Lease Period - June 1, 2025 — January 31, 2026 - $5,009.92 / month <br />WHEREAS, Mille Lacs Motor Sports II, Inc. is in Good Standing with the Secretary of <br />State of Minnesota as of April 28, 2025; and <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br />1) That the City of Ramsey authorizes the execution of the Lease Agreement with Mille Lacs <br />Motor Sports II, Inc.; subject to City Attorney review. <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />, and upon vote being taken thereon, the following voted in favor thereof: <br />and the following voted against the same: <br />and the following abstained: <br />