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Resolution - #25-096 - 05/13/2025
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Resolution - #25-096 - 05/13/2025
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5/15/2025 10:03:39 AM
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Resolutions & Ordinances
Resolutions or Ordinances
Resolutions
Resolution or Ordinance Number
#25-096
Document Date
05/13/2025
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<br />Councilmember Riley introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #25-096 <br /> <br />RESOLUTION APPROVING LEASE AGREEMENT OF 6781 and 6745 HWY 10 NW <br />WITH MILLE LACS MOTOR SPORTS II INC <br /> <br /> WHEREAS, Mille Lacs Motor Sports, Inc. (the “Tenant”) has leased indoor and outside <br />storage space located at 6781 and 6745 Hwy 10 NW and depicted as “Area A, B, C, D and E” (the <br />“Lease Space”) on the attached lease agreement for several years; and <br /> <br /> WHEREAS, Mille Lacs Motor Sports, Inc. has asked the City to consider a lease <br />extension in order to figure out a long-term solution for Powerlodge in Ramsey of the Lease <br />Space; and <br /> <br />WHEREAS, Mille Lacs Motor Sports, Inc. (Power Lodge) has been a good tenant for <br />the duration of its previous leases with the City; and <br /> <br />WHEREAS, Mille Lacs Motor Sports II, Inc. has agreed to the terms in the attached <br />Lease Agreement (3% increase) including but not limited to the terms below: <br /> <br />- Lease Period - June 1, 2025 – January 31, 2026 - $5,717.85 / month <br /> <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. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) That the City of Ramsey authorizes execution of the Lease Agreement with Mille Lacs <br />Motor Sports, Inc.; subject to City Attorney review. <br /> <br />The motion for adoption of the foregoing resolution was duly seconded by Councilmember <br />Olson, and upon vote being taken thereon, the following voted in favor thereof: <br /> <br /> Mayor Heineman <br /> Councilmember Riley <br /> Councilmember Olson <br /> Councilmember Buscher <br /> Councilmember Peters <br /> Councilmember Specht <br /> Councilmember Stewart <br /> <br /> <br /> <br /> <br />
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