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HomeMy WebLinkAbout01-110 RESOLUTION 01-110 AUTHORIZING TERMINATION OF A LEASE AGREEMENT IE OPERATION OF A COFFEE SHOP AT THE LIBRARY RESOURCE CENTER ("COFFEE SHOP") AND AUTHORIZING A NEW LEASE AGREEMENT. Motion By: ERICSON Second By: ZIESKA WHEREAS, the City and City Perks, Inc. are parties to a Lease Agreement for the operation of a Coffee Shop at the Library Resource Center; and WHEREAS, David Bergeron is the Guarantor of said Lease Agreement on behalf of City Perks, Inc.; and WHEREAS, City Perks, Inc. has been sold and desires to terminate its current Lease Agreement for the Coffee Shop; and WHEREAS, City Perks, Inc. has been purchased by Craig Rebers and Karen Rebers, husband and wife; and WHEREAS, the new owners of City Perks desire to enter into a Lease Agreement with the City. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA that: 1. The recitals set forth above are incorporated herein. 2. Contingent upon proof satisfactory to the City that Craig Rebers and Karen Rebers have completed the purchase of City Perks, Inc. from David Bergeron, the City agrees to the termination of the Lease Agreement for the Coffee Shop dated October 1, 1999. 3. Contingent upon proof satisfactory to the City that Craig Rebers and Karen Rebers have purchased City Perks, Inc., the City Council authorizes the Mayor and City Manager to execute a Lease Agreement with City Perks, Inc. for the period of October 1, 2001 through September 30, 2004. 4. The Lease Agreement with City Perks, Inc. shall be personally guaranteed by Craig Rebers and Karen Rebers, husband and wife; and by Dwight Rebers and Marisa Rebers, husband and wife. 5. The Lease Agreement is contingent upon execution of personal Lease Guarantees by Craig and Karen Rebers, and by Dwight and Marisa Rebers. 16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (952) 447-4230 / Fax (952) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER PASSED AND ADOPTED THIS 17TM DAY OF SEPTEMBER, 2001. YES NO Mader X Mader Ericson X Ericson Gundlach × Gundlach Petersen X Petersen Zieska X Zleska Frank Bo R:\RESOLUTI~ADMIN RESt001\01-110.DOC