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Agenda - Council Work Session - 01/09/2007
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Agenda - Council Work Session - 01/09/2007
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Last modified
3/19/2025 9:48:58 AM
Creation date
1/5/2007 3:22:49 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
01/09/2007
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10/29/2013 18:53 FAX 7632742838 <br />1) LOCATION: <br />1a002/004 <br />6701 West Highway 10 Ramsey, MN, as shown in Exhibit <br />A, attached. <br />2) SIZE, Approximately 4,820 rentable square feet (subject to final <br />measurement to BOMA Standards) located on the northern <br />'/ of the office space. <br />3) LEASE TERM: Five; (5) years, <br />4) OCCUPANCY DATE: On or before February 1, 2007. <br />5) BASE RENT: HeaithQuest will pay the following annual base rent for <br />office space as follows: <br />Year 1 $10.00 / square foot plus pro rata share of taxes <br />Year 2 $10.25/ square foot plus pro rata share of taxes <br />Year 3 $10.50 / square foot plus pro rata share of taxes <br />Year 4 $ 1 0.75 / square foot plus pro rata share of taxes <br />Year 5 $11.00 / square foot plus pro rata share of taxes <br />Property Taxes shall be defined within the next fourteen <br />(14) days. Any commitment by either party shall be <br />contingent on the actual tax figures prior to Lease <br />execution. <br />6) IMPROVEMENTS: Building Owner will provide the following improvements <br />to the space: <br />1) Inspect and repair the mechanical systems including the <br />heating units and light fixtures. All building <br />mechanicals shall be in good repair upon Lease <br />commencement. <br />7) SECURITY DEPOSIT: One months gross rent, due at Lease execution. <br />8) 1" MONTH DUE; First months gross rent is due at Lease execution. <br />/k. - II' <br />• <br />• <br />Page 2 of 4 <br />
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