00-0504R

RESOLUTION AUTHORIZING A LEASE AGREEMENT WITH THE MJK-POR REAL ESTATE PARTNERSHIP, INC., FOR THE LEASE OF AN EQUIPMENT STORAGE BUILDING ON CALVARY ROAD FOR A SIX MONTH PERIOD AT $1,200 PER MONTH.

BY COUNCILOR STOVER:

RESOLVED, that the proper city officers are hereby authorized and directed to execute a lease with the MJK-POR Real Estate Partnership, Inc., for the lease of a storage building located at 3941 Calvary Road from October to April in the years 1991 through 2002, for a consideration of $1,200 per month to be paid from city Fund No. 100-500-1950-5412; said lease filed as Public Document No. __________________.


STATEMENT OF PURPOSE: This lease authorizes the city of Duluth to continue to rent a 36 foot by 102 foot equipment storage building from the MJK-POR Real Estate Partnership, Inc., at 3941 Calvary Road for equipment storage for the public works department. The lessor will pay for utilities and the city will be authorized to store up to 300 cubic yards of salt and/or sand on the premises for use in our public works operations. The city began leasing this site in 1998.