09-242l�
Returu copy to: jmb
OFS - Real Estate
1000 CHA
RESOLUTION
MINNESOTA
Presented by
2 WIIEREAS, the Office of Financial Services has negotiated an agreement with Raxnsey County,
3 Department of Property Management, to extend from Mazch 1, 2009 to February 28, 2011 Lease
4 Agreement PW/5, said Lease being for 31 parking stalls in the Second Street Garage adjacent to
5 the Ramsey County government Center East building, shown as;
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
Eahibit "A,"
now, therefore be it
Council File � � a�0�
Green Sheet # 3066797
RESOLVED, that the proper City officials are hereby authorized and directed to execute Lease
Agreement PW/5
Bostrom
Carter
Hazris
Helgen
Yeas I Navs I Absent
Requested by Department o£
. ��
��,L�
..�r!'��'T ` T /' .
Adopted by Council: Date
Stark
Thune
Form Approved i A rney
B y� ��
Adoption Certified by Cou cil Secretary Form App d by � or f S bmi ion to Council
BY� � D By:
Approve y a a I i
By:
26
� Green Sheet Green Sheet
Green Sheet Green Sheet Green Sheet Green Sheet
ay - ��--
e �>
�
DeparpnentlOffieeJCouneil: Datelnitiated: Greerl Sheet NO. 3�66797
PW _ Public Works 09-FEB-09 .
Contaet Person & Phone: � Deoartrnent SenS To Person InitlaVDate
JeanBorgen 0 ' BmceEnee@rekt [00
266-8866 1 abfit Works {.,,> 2%3 O Bruce Beae
'�"'`'�g 2 ' Attorne ChadStaal
Must Be on Council Agenda by (Date): Number
. For 3 a or`n Office Ma or/Assismot
Routing 4 ouncil �
Doe. Type: RESOLUTION Order 5 ' CMrk Ci Clerk
E-0xum'ent Required: Y
Doeumen! Contact:
Contaet Phone: 1
Total # of Signature Pages r) (Clip All locations for Signature)
Action Raquested:
CONSENT AGENDA. Approve a twayear extension of L.ease PW/5, an ageement to lease 31 pazking spaces in the Second Sh�eet
Gazage to Ramsey Counry with a 2% annual rent escalation.
Recommendations: Approve (A) or Reject (R): Persona� Service Contrects Must Mswer the Following �uestions:
Planning Commission t. Has this persontfirm ever worked under a contract for ihis department?
CIB Committee Yes No
Civil Service Commission 2. Has this person/firm ever been a city employee? _
Yes No
3. Does this person/firm possess a skill not nortnally possessed by any
curtent city employee?
Yes No
E�cplain ali yes answers on separete sheet and attaeh to green sheet.
Initiating Problem, Issues, Opportunity (Who, What, When, Where, Why):
Current lease expires 2(28/09. - �,.-� �
°����::°�
F�� 1 � ���€�
AdvantageslfApproved: �p q��7�����
Ciry will receive about $32,000 per yeaz in rental income. County will confvaue to rent spaces. � tl�'
DiudvanWges If Approved:
None foreseen
Disadvanpges If Not Approved:
Ciry will not receive the rent. Ramsey Commty will not benefi[ from the parldng, as they have since 1982.
Total Amount of
Transaetion: $��735.� CostlRevenue Budgeted:
Funding Souree: Activity Number: 12321-6801
Finaneial trNormation: Two-year total rent
(Explain)
Febroary 9, 2009 1:50 PM Page 1
Exhibit 'A'
D �/ -��a-
Addendum I to
Lease Agreement PW/5
WHEREAS, Lease Agreement PW/5 was entered into by and between City of Saint Paul, Department of
Public Works, hereinafter called the "LESSOR", and the County of Ramsey, Division of Property
Management, hereinafter called the "LESSEE", in 1982 and most recently on March 1, 2007; and
WHEREAS, the said Lease Agreement PW/5 will expire on February 28, 2009; and
WHEREAS, the parties thereto have agreed to amend the said Lease Agreement to extend for two more
years at the same annual rent escalation factor, two percent per annum, as has been used in the past;
and
THEREFORE BE IT RESOLVED, that Paragraph [2� and Paragraph [4] of the said Lease Agreement
PW/5 shall be amended to read:
[2] Term of Lease, This lease shall be in effect for a ferm commencing and ending on the dates
indicated below, unless terminated earlier as provided herein.
Term
(Months/Years)
Two Years
[4] Rent.
Commencing Date
March 1, 2009
Ending Date
February 28, 2011
a) Basic Rent. Rent shall consist of Basic Rent, which is based on availability of 31 stalls,
and such Additional Rent as may apply. LESSEE shall pay all rent in advance, on the first day of the
term of the lease and on the first day of each payment period thereafter as indicated in the Payment
Schedule below:
Total Annual
Basic Rent
32 047.80
$32,687.64
Monthly Payment
2 670.65
2 723.97
Payment Schedule
Commencing Date
March 1, 2009
March 1. 2010
$ per Space
86.15
87.87
PW/5 Lease Agreement
Addendum I
Page 1 of 2
D �! � �-� a--
BE IT FURTHER RESOLVED, that ail other terms and conditions of said Lease Agreement PW/5 shall
remain in full force and effect.
IN WITNESS THEREOF, the parties hereto have set their hands and seals the day and year in this
Lease first above written.
LESSOR:
Mayor
City Clerk
Director of Financial Seroices
City Attorney (Form Approval)
E:
County Manager
Property Manager
Assistant County Attorney
Budgeting and Accounting
PW/5 Lease Agreement
Addendum I
Page 2 of 2