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HomeMy WebLinkAbout[08b] Amendment to ISD Lease Agreement Council Agenda Item 8b MEETING DATE: June 4, 2018 AGENDA ITEM: Administrator Reports Amendment to ISD Real Estate Lease SUBMITTED BY: Administration BOARD/COMMISSION/COMMITTEE RECOMMENDATION: PREVIOUS COUNCIL ACTION: June 15, 2015 the City entered into a purchase agreement for Colts Academy allowing ISD 742 to continue using a portion of the facility through 2017. The Agreement was amended on October 17, 2017 extending the lease of a portion of the facility to July 1, 2018. BACKGROUND INFORMATION: City staff has met with representatives of ISD 742 to discuss the exit strategy for ISD 742 as it relates to the condition of the facility and items to remain. ISD 742 has agreed to leave the playground equipment in lieu of items such as deep cleaning of the facility and restoring the parking area to lawn. The amendment lease agreement executed on October 17, 2018 extended the time that ISD 742 would occupy a portion of the building and indicated that the playground equipment would be removed. BUDGET/FISCAL IMPACT: ATTACHMENTS: Amendment to the Amended Lease Agreement with ISD 742 REQUESTED COUNCIL ACTION: Authorize the Mayor and Administrator to execute the amendment to the amended Real Estate Lease Agreement between the City of St. Joseph and ISD 742. AMENDMENT TO THE REAL ESTATE PURCHASE AGREEMENT BETWEEN INDEPENDENT SCHOOL DISTRICT #742 AND THE CITY OF ST. JOSEPH THIS AMENDMENT TO THE REAL ESTATE PURCHASE AGREEMENT (hereinafter referred to as the “Agreement”) and made and entered into this day of , 2018 by and between Independent School District #742 hereinafter referred to as the “Tenant” and the City of St. Joseph hereinafter referred to as the “Landlord”. RECITALS st WHEREAS, the Tenant was the owner of the real property located at 124 1 Ave SE, known as Colts Academy, hereinafter referred to as the “Facility”; and WHEREAS, the Tenant and the Landlord entered into a Purchase Agreement on June 15, 2015 which included a Commercial Lease attached as Exhibit B (the Commercial Lease hereinafter referred to as the “Lease Agreement”). The Lease Agreement identified the term and conditions of the facility and rights of the Tenant; and WHEREAS, the Tenant has leased the property at no cost to allow ISD #742 Early Childhood Program to remain at the Facility until the new Early Childhood Center was constructed or July 2017, whichever came first; and WHEREAS, ISD #742 has re-evaluated their building plans and expressed a desire to remain at the Facility for an additional 12 months to allow for the construction and completion of the Early Childhood Center; and WHEREAS, the Landlord and Tenant executed an amendment to the Agreement extending the lease of the property to July 1, 2018; and WHEREAS, Tenant is preparing to vacate the Facility on July 1, 2018 as identified in the amended agreement; and WHEREAS, the Landlord and Tenant desire to clarify the terms/requirements for exiting the Facility by identifying the property that remains with the facility and the expectations for the condition of the Facility. NOW THEREFORE, in consideration of the premises and the mutual obligations of the parties hereto, each of them does hereby covenant and agree with the others as follows: Section 22.21 (Playground Equipment) in the Lease Agreement shall be amended in its entirety as follows: Tenant agrees to leave the playground equipment located on the Premises when they vacate the Premises at the end of the Lease. In exchange for the value of the playground equipment, the Landlord agrees to the following: a. The Landlord will be responsible for restoration of the grassed area currently used for overflow parking (south end of parking lot). b. The Tenant will remove the controllers from the access control system; the door strikes and proximity card readers will remain. c. The Tenant will remove network equipment to include: i. 2 ICS 6450 48 port switches non POE ii. Edge device Model ICX7450-24 iii. 1 ICX 6450 24 port POE switch iv. 2 networked UPSs v. 18 Brocade 1220 wireless access points d. The Landlord will retain the following network equipment: i. 1 ICS 6450 48 port switches non POE e. The Tenant will perform light cleaning to include picking up debris and vacuuming upon vacating. Landlord will be responsible for deep cleaning. f. The Landlord will be responsible for restoration of areas such as nail holes and ceiling tiles. g. The Tenant will leave all materials typically used for building repairs. These materials include but are not limited to ceiling tiles, door hardware, boiler parts, paint, etc. h. The Tenant will leave two auto scrubbers (currently one is located in the shed and the other is located in the closet near the office). IN WITNESS WHEREOF, the Landlord has caused this Amendment to be duly executed in its name and behalf and the Tenant has caused this Amendment to be duly executed in its name and behalf on or as of the date first written above. ATTEST CITY OF ST JOSEPH By By Judy Weyrens, Administrator Rick Schultz, Mayor INDPENDENT DISTRICT 742 By Amy Skaalerud Interim Executive Director of Business Services STATE OF MINNESOTA ) ) ss COUNTY OF STEARNS ) This instrument was acknowledged before me on , 2018 by Rick Schultz and Judy Weyrens, the Mayor and Administrator respectively, of the City of St. Joseph, a Minnesota municipal corporation, on behalf of said City. NOTARIAL STAMP OR SEAL (OR OTHER TITLE OR RANK) SIGNATURE OF NOTARY PUBLIC OR OTHER OFFICIAL STATE OF MINNESOTA ) ) ss COUNTY OF STEARNS ) This instrument was acknowledged before me on , 2018 by Amy Skaalerud, Interim Executive Director of Business Services of Independent School District 742, a public corporation under the laws of Minnesota. NOTARIAL STAMP OR SEAL (OR OTHER TITLE OR RANK) SIGNATURE OF NOTARY PUBLIC OR OTHER OFFICIAL