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not limited to: grading, storm water, asphalt paving, concrete curb/ gutter, screening, land use permit fees, <br />land use application fees, and third -party professional service fees. If the Tenant defaults on this <br />requirement, it shall immediately vacate Lease Area A. <br />ii. The area to the west of Outdoor Storage Area A is not part of this lease and cannot be used for any purpose <br />by Tenant. Any vehicles or other items belonging to Tenant found on this non -leased area, or on any other <br />property owned by Landlord but not leased by Tenant, is subject to removal by Landlord at Tenant's cost. <br />iii. The non -leased area south of Outdoor Storage Area B is a through way for movement of traffic. This area <br />is not to be used for parking by Tenant, its agents, employees or invitees. <br />iv. A 15-foot-wide through lane must be maintained at all times in Outdoor Storage Areas A, B, C and D for <br />emergency vehicles to get through the storage areas. <br />v. Tenant shall install/maintain a gated fence on the east side of Outdoor Storage Area D and provide a gate <br />key to Landlord for emergency access. <br />d. Any sign, lettering, picture, notice or advertisement installed on or in any part of the Premises and visible <br />from public areas must be approved by Landlord, which approval shall not be unreasonably withheld, and <br />installed at Tenant's expense. Political signs are prohibited on the Premises. If this subparagraph is <br />violated, Landlord may remove the sign(s) without liability and may charge the expense incurred by such <br />removal to Tenant. <br />Alternatives Include: <br />1) Adopt Resolution #26-037 Approving Lease Amendment with Mille Lacs Motor Sports II for 6781 and <br />6745 Hwyl0 NW (as presented); subject to City Attorney Review <br />2) Adopt Resolution #26-037 Approving Lease Amendment with Mille Lacs Motor Sports II for 6781 <br />and 6745 Hwyl0 NW (with changes); subject to City Attorney Review <br />3) Something else <br />Funding Source: <br />Lease Revenue. The revenue received from the lease is applied to City administrative costs, property maintenance <br />and to reimburse the Right -of -Away Acquisition Loan Fund (RALF). <br />Recommendation: <br />Adopt Resolution #26-037 Approving Lease Amendment with Mille Lacs Motor Sports II for 6781 and <br />6745 Hwyl0 NW (as presented); subject to City Attorney Review <br />OutcomeAction: <br />Motion to Adopt Resolution #26-037 Approving Lease Amendment with Mille Lacs Motor Sports II for 6781 and <br />6745 Hwy10 NW (as presented); subject to City Attorney Review <br />Attachments <br />Site Location - Lease Reference Map <br />ACTION - Resolution #26-037 <br />ACTION - First Amendment to Lease <br />Reference - Original Lease <br />Form Review <br />Inbox Reviewed By Date <br />Brian Hagen Brian Hagen 01/22/2026 12:52 PM <br />Form Started By: Sean Sullivan Started On: 01/21/2026 02:13 PM <br />Final Approval Date: 01/22/2026 <br />