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3.4. SR 07-20-2009/j Elty of Elk --.-~ River REQUEST FOR ACTION To Item Number Ci Council 3.4. Agenda Section Meeting Date Prepared by Consent ul 20, 2009 Tim Simon, Finance Director Item Description Reviewed by Lease Renewal with Elk River Area Chamber of Commerce Reviewed by Action Requested Approval of five (5) year renewal of the original 15 year lease term, under the same terms and conditions with Elk River Area Chamber of Commerce Background/Discussion In 1994, the City entered into a lease with the Elk River Area Chamber of Commerce for the use of a City owned building, which the City received as a donation. The location of the parcel of property is the same location as the old creamery/City Hall site at Main Street and Highway 10. The lease provided an initial 15 year term with a tenant option to renew the lease for one period of five years upon the same terms and conditions as provided in the original 15 year term lease. The tenant must give the City written notice at least 60 days prior to September 1, 2009. The final maturity on the lease will be September 1, 2014. Building Official Bob Ruprecht recently visited the site and is okay with the condition and care taken at the building. I have received copies of insurance certificates to ensure compliance with the liability requirements of the lease. Financial Impact One ($1) dollar per year as rent payment. All utilities and costs associated with the building are paid by the tenant. Attachments • Copy of letter from Elk River Area Chamber of Commerce • Sherburne County GIS picture of property and address Action Motion by Second by Vote Follow Up C:\Documents and Settings\jjohnson\Local Settings\Temporary Internet Files\OLK49\chamberleaserenewal.doc __~_ •.~, --~~ °. - ~ LLK RIVER AREA CHAMBER OF COMMERCE _.~ ~ ~•y 509 Highway 10 Elk River, MN 55330-1415 Voice (763) 441-3110 Fax (763) 441-3409 www.elkriverchamber.org ~ECEI V E;~ ~~Y 0 8 X009 May i, 2009 City Administrator City of Elk River 13065 Orono Parkway Elk River, MN 55330 Dear Lori This letter is to inform you that the Elk River Area Chamber of Commerce would like to exercise the renewal Option for the lease of the chamber office located at 509 Highway 10, Elk River, MN. The original lease was dated September 1, 1994. The original lease provides for at least one five year extension. All terms of the lease are acceptable to our Board of Directors. Please forward a renewing lease for our signature. If you have any questions or concerns, please contact me immediately. Sincerely, ~ ; '~-, -- Debbi Rydberg President Elk River Area Chamber of Commerce OUR MISSION: TO ADVANCE AND SERVE THE BUSINESS COMMUNITY Sherburne County, MN Summary Parcel ID Parcel Parcel Type Property Address Plat Sec-Twp-Rng Legal Description Last Recording Class Occupancy Deeded Acres Tax Distrkt School District Owner Owner City Of Eik River 13065 Orono Pkwy Elk River MN 55330 75-557-0105 Na RE 509 US HIGHWAY 10 NW, ELK RNER MN 557-GBEA.M..E.R..Y.._ApDITIQN Sec.34 T33N R26W LOT i, BLK 1 (Note: Legal descriptions here are for tax purposes only. Do not use them for recording purposes.) N/A 776-MUNICIPAL -ALL OTHER NON-HOMESTEAD 1.56 ELK RNER CITY 728 -ELK RNER Other Buildings ;Type Total Size Year BuiR IMISC ______ 1,152 ~, .._._._..~.... 19931 Valuation Tax History Click tp Enlarge 2010 Payable 2009 Pa able 2008 Payable 2007 Pa able :Taxable Value $0 $0 $0 'Net Tax $0.00 $0.00 $0.00 ;,Special Assessments $45.00 $45.00 $95.00 :Principle Balance of Spec. Assessments $0.00 $45.00 $45.00 €Total Payable $45.00 $45.00 $45.00 :Pena Due $0.00 $0.00 $0.00 $0.00 €Cost Due & Fees $0.00 $0.00 $0.00 $0.00 .Interest Due $0.00 $0.00 $0.00 $0.00 j7otal Unpaid ----- ._......$0.00 $0.00 $0.00 .........................................._30.00 Penalty/Interest amounts are valid onty for a limited Ume Click here for prop~r[v tax payment ophons Photos Sketches ~~ ~ ~~ ~ ~~~'; No data ayaiWble for the following modules: Residential, Sales. Click here for help. Olsc/almer.• Every attempt has been made to ensure Yhat Uie informaUOn contained on tfiis web site is va/id at the bme of pub/ication. sherbume county reserves the right to make additions, changes, or corrections at any Ume acrd without notice. Additionally, Sherburne County dJSCYaims any and al! /iab/lity for damages incurred directly or indirectly as a result of errors, omissions or discrepancies and is not responsible for misuse or misinterpretation. Cats is updated periodicalty. For the most current infomration contact the appropriate county department Page 1 of 2 http : //beacon. schneidercorp. com/Application. aspx?AppID=13 3 &LayerID=1600&PageTy... 07/ 10/2009