Agenda - Council - 01/27/2026 - Laserfiche WebLink

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29. Brokers. Each of the parties represents and warrants to the other that there are no claims for brokerage commission or finder's fees in connection with the execution of this Lease, and agrees to indemnify the other against, and hold it harmless from, all liabilities arising from any such claim including, without limitation, reasonable attorney's fees in connection therewith, with exception to Premier Commercial Properties, who represents the Landlord. 30. No Partnership. This Lease does not create a joint venture or partnership relation between the parties hereto. 31. Notices. All communications, demands, notices or objections permitted or required to be given or served under this Lease shall be in writing and shall be deemed to have been duly given or served if delivered in person to the other party or its duly authorized agent or if deposited in the United States mail, postage prepaid, for mailing by certified or registered mail, return receipt requested, and addressed to the other party to this Lease at the addresses set forth below for each party, or if to a person not a party to this Lease, to the address designated by a party to this Lease in the foregoing manner. Landlord: Premier Commercial Properties, LLC Property Manager for the City of Ramsey 299 Coon Rapids Blvd, Suite 200 Coon Rapids, MN 55433 Tenant: Mille Lacs Motorsports II, Inc 6781 Highway 10 NW Ramsey, MN 55303 Either party may, by written notice to the other party, designate a different address to which notices must be sent. Such written notice designating a different address must state the parry's newly designated address, and must be provided by following the above notice requirements. Commencing on the 10th day after a party gives notice designating a new address to which notices must be sent, the newly designated address shall be the parry's address for the purpose of all communication, demands, notices or objections permitted or required to be given or served under this Lease. 32. Force Majeure. The time within which any of the parties hereto shall be required to perform any act or acts under this Lease, except for the payment of monies, shall be extended to the extent that the performance of such act or acts shall be delayed by acts of God, fire, windstorm, flood, explosion, collapse or structures, riot, war, labor and/or legal disputes, delays or restrictions by government bodies, inability to obtain or use necessary materials or any cause beyond the reasonable control of such party, provided however that the party entitled to such extension hereunder shall give prompt notice to the other party of the occurrence causing such delay. 33. Minnesota Law. This Lease shall be construed and enforced in accordance with the laws of the State of Minnesota. The parties agree that the Minnesota state courts will have exclusive jurisdiction over any dispute arising out of this Lease. Lease Agreement Page 6 of 9