HomeMy WebLinkAboutResolution No. 278-03 _- 7
• RESOLUTION
BE IT RESOLVED by the Common Council of the City of Rochester that the City enter
into and execute the following agreements:
1. Lease agreement with AGD, Inc., for 56,048 square feet of property located
on the west side of Airport View Drive across from the Hangar Bar & Grill.
AGD, Inc., plans to construct an office building on that property.
2. Ingress/egress and parking agreement with AGD, Inc., for an office building
to be constructed across from the Hangar Bar & Grill on the west side of
Airport View Drive.
3. Memorandum of Ground Lease with AGD, Inc., for an office building to be
constructed across from the Hangar Bar & Grill on the west side of Airport
View Drive.
4. Two year option agreement with AGD, Inc., for 58,050 square feet of
property located on the west side of Airport View Drive across from the
• current office building that was constructed last fall. AGD, Inc., plans to
construct an office building on that property.
The Mayor and City Clerk are authorized and directed to execute these agreements on
behalf of the City.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS DAY OF , 2003.
PRESIDENT OF SAID COMMON COUNCIL
ATTEST:
C117Y C RK
APPROVED THIS '?, DAY OF C-�/ , 2003.
MAYOR OF SAID CITY
(Seal of the City of
�Rochester, Minnesota)
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