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Agenda - Council Work Session - 05/27/2025
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Agenda - Council Work Session - 05/27/2025
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5/23/2025 10:36:38 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
05/27/2025
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on the Premises or Building and to any and all advances to be made thereunder and to the <br />interest thereon and to all renewals, replacements and extensions thereof, provided that <br />such subordination shall not materially affect either party's obligations under this Lease. <br />Tenant hereby appoints Landlord as its attorney -in -fact to execute such documents as <br />may be required to accomplish such subordination. <br />27. No Waiver. No reference to any specific right or remedy shall preclude <br />Landlord from exercising any other right or from having any other remedy or from <br />maintaining any action to which it may otherwise be entitled ether at law or in equity. <br />Landlord's failure to insist upon a strict performance of any covenant of this Lease or to <br />exercise any option or right herein contained shall not be a waiver or relinquishment for <br />the future of such covenant, right or option; but the same shall remain in full force and <br />effect. <br />28. Captions. The captions and headings herein are for convenience and <br />reference only. <br />29. Brokers. Each of the parties represents and warrants to the other that there <br />are no claims for brokerage commission or finder's fees in connection with the execution <br />of this Lease, except for Premier Commercial Properties, LLC, who represents the <br />Landlord. Each party agrees to indemnify the other against, and hold it harmless from, <br />all liabilities arising from any such claim including, without limitation, reasonable <br />attorney's fees in connection therewith. <br />30. No Partnership. This Lease does not create a joint venture or partnership <br />relation between the parties hereto. <br />31. Notices. All communications, demands, notices or objections permitted or <br />required to be given or served under this Lease shall be in writing and shall be deemed to <br />have been duly given or served if delivered in person to the other party or its duly <br />authorized agent or if deposited in the United States mail, postage prepaid, for mailing by <br />certified or registered mail, return receipt requested, and addressed to the other party to <br />this Lease at the addresses set forth below for each party, or if to a person not a party to <br />this Lease, to the address designated by a party to this Lease in the foregoing manner. <br />Landlord: City Administrator <br />City of Ramsey <br />7550 Sunwood Drive <br />Ramsey, Minnesota 55303 <br />Lease Agreement <br />Page 7 of 11 <br />
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