HomeMy WebLinkAboutResolution No. 218-17 - HangarLandLeaseAgreement.Klees/EZFabricating
RESOLUTION
BE IT RESOLVED by the Common Council of the City of Rochester that the City approve of
and execute a Hangar Land Lease Agreement with Todd Klees/EZ Fabricating Inc. Mr. Klees
intends to build an aircraft storage hangar on the 10,500 square foot parcel of land he will be
leasing at the Rochester International Airport. The term is 20 years with one five year option.
The rent will be $.26 per square foot annually with a 1% increase per year.
The Mayor and City Clerk are authorized and directed to execute this agreement on behalf
of the City.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS __________ DAY OF ______________, 2017.
___________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS _____ DAY OF _____________________, 2017.
__________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)
Res15\\Airport\\Lease.7