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Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION #26-037 <br />RESOLUTION APPROVING FIRST AMENDMENT TO LEASE AGREEMENT OF 6781 <br />AND 6745 HWY 10 NW WITH MILLE LACS MOTOR SPORTS II INC <br />WHEREAS, Mille Lacs Motor Sports, Inc. (the "Tenant") has leased indoor and outside <br />storage space located at 6781 and 6745 Hwy 10 NW and depicted as "Area A, B, C, D and E" (the <br />"Lease Space") on the attached lease agreement dated May 28, 2025 for several years; and <br />WHEREAS, Mille Lacs Motor Sports, Inc. has asked the City to consider a lease <br />amendment to continue leasing Areas A and B depicted on Exhibit A of the First Amendment to <br />Lease in order to Figure out a long-term solution for Power Lodge in Ramsey; and <br />WHEREAS, Mille Lacs Motor Sports, Inc. (Power Lodge) has been a good tenant for <br />the duration of its previous leases with the City and it current lease ends on February 1, 2026; <br />and <br />WHEREAS, Mille Lacs Motor Sports 11, Inc. has agreed to the terms in the attached <br />Lease Agreement ($1.50 / SF for outside storage) including but not limited to the terms below: <br />Lease Term (February 1, 2026 through May 31, 2026): $4,625.00/month <br />WHEREAS, Mille Lacs Motor Sports 11, Inc. is in Good Standing with the Secretary of <br />State of Minnesota as of January 22, 2026. <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br />1) That the City of Ramsey authorizes execution of the First Amendment to Lease Agreement <br />with Mille Lacs Motor Sports, Inc.; subject to City Attorney review. <br />The motion for adoption of the foregoing resolution was duly seconded by Councilmember <br />, and upon vote being taken thereon, the following voted in favor thereof: <br />and the following voted against the same: <br />and the following abstained: <br />