HomeMy WebLinkAbout98-102 - ADMIN Resolution - City Council - 1998/07/20r
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RESOLUTION NO. `/ a -/02
RESOLUTION APPROVING '1HE REQUEST BY
HEALTHSYSTEM MINNESOTA (HSM)
TO USE PUBLIC PROPERTY AT THE
METHODIST HOSPITAL LIFT STATION
SITE FOR PARKING PURPOSES
WHEREAS, the City Council of the City of St. Louis Park wishes to enter into a lease
agreement with Health System Minnesota (Methodist Hospital), for the use of public property for
parking purposes located at 3901 Edgewood Avenue South, and
WHEREAS, the Director of Finance has negotiated a lease agreement with terms acceptable
to the City Council,
NOW, THEREFORE, BE IT RESOLVED that the Mayor and City Manager be and
hereby are authorized to enter into a lease agreement with Health System Minnesota for the
leasing of public property located at 3901 Edgewood Avenue South for the purpose of parking
and incidental uses
BE IT FURTHER RESOLVED that such lease term shall be for a period of twenty (20)
years commencing immediately with the nght to increase by 15% every five (5) years with an
initial term annual rent amount of $9 000
Attest:
Adopted by the City Council July 20, 1998
ty Clerk Mayor
Reviewed for Administration.
City Manager