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HomeMy WebLinkAboutResolution No. 257-15 - COR.Airport.LeaseAgreementRESOLUTION BE IT RESOLVED by the Common Council of the City of Rochester that the City approve of and execute a lease agreement with the Rochester Airport Company for 9,874 square feet of storage space in the basement of the Rochester International Airport Terminal Building at $6.50 per square foot annually. This rate will be reviewed and adjusted every two years. BE IT FURTHER RESOLVED that the approve of and execute a lease agreement with the Rochester Airport Company for 5.4 acres and a Quonset but at the Rochester International Airport for $300 per acre annually. This property is utilized for the processing of street sweeping material. This rate will be reviewed and adjusted every two years. 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 ATTEST: CITY CLERK DAY OF , 2015. PRESIDENT OF SAID COMMON COUNCIL APPROVED THIS DAY OF , 2015. MAYOR OF SAID CITY (Seal of the City of Rochester, Minnesota) Res15Wirport\Lease.2