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CC Regular Session <br />Meeting Date: <br />10/28/2025 <br />Primary Strategic Plan Initiative: Promote economic growth and development. <br />5. 13. <br />Title: <br />Adopt Resolution #25-258 Approving Cancellation of Lease at 6701 Hwy 10 NW (God's Kingdom Ministry) <br />Purpose/Background: <br />The purpose of this case is to consider cancellation/termination of a lease dated December 9, 2024 (See attached) <br />between the City of Ramsey (the "Landlord") and Gods Kingdom Ministry (the "Tenant"). The existing lease <br />term is February 1, 2025-January 31, 2026 with a monthly rent of $3,879.75. The Tenant is current on the rent <br />and the City also holds a security deposit for one month's rent on file in the event of defaults by the Tenant or <br />repairs (if needed) at the termination of the lease. The Tenant has provided a signed Termination of Lease <br />Agreement (drafted by the City Property Manager, Premier Commercial Properties) to exit the lease one month <br />early and staff is supportive of this action. <br />Notification: <br />None required <br />Time Frame/Observations/Alternatives: <br />The requested action is a routine matter and has been placed on the consent agenda for action. God's Kingdom <br />Ministry has been a good tenant and Staff is supportive of the request by the Tenant to exit the lease one month <br />early without penalty. <br />Alternatives: <br />1) Adopt Resolution #25-258 Approving Cancellation of Lease at 6701 Hwy 10 NW (God's Kingdom <br />Ministry) (as presented) <br />2) Adopt Resolution #25-258 Approving Cancellation of Lease at 6701 Hwy 10 NW (God's Kingdom <br />Ministry) (with changes) <br />3) Something Else <br />Funding Source: <br />All potential costs for this item would be covered under Admin RALF 9410.6315. No costs are anticipated. <br />Recommendation: <br />Adopt Resolution #25-258 Approving Cancellation of Lease at 6701 Hwy 10 NW (God's Kingdom <br />Ministry) (as presented) <br />Outcome/Action: <br />Motion to Adopt Resolution #25-258 Approving Cancellation of Lease at 6701 Hwy 10 NW (God's <br />Kingdom Ministry) (as presented) <br />Attachments <br />