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HomeMy WebLinkAboutResolution No. 227-14 • 227-14 D4 RESOLUTION BE IT RESOLVED by the Common Council of the City of Rochester that the City approve of and execute the Third Amendment to the Ground Lease Agreement with LNI Airport, LLC. This Amendment will provide for temporary rent adjustments in consideration for capital investments made into the property. This property is located in the Airport Business Park at the Rochester International Airport, and is the current location of the Ground Round Restaurant. The Mayor and City Clerk are authorized and directed to execute this amendment on behalf of the City. PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF ROCHESTER, MINNESOTA, THIS 16TH DAY OF JUNE 2014. • PRESI EN O SAID COMMON COUNCIL r' ATTEST: CITY CLERK APPROVED THIS 17TIDAY OF JS]NR 2014, MAYOR OF SAID CITY ¢ rKk Tea.,wi.rvE. r fit Res 1OWirport Agree.58 •