Title
Authorizing the City to enter into the attached Lease Amendment between the City and the Board of Water Commissioners for property at the Hillcrest Reservoir and to terminate the Lease.
Body
WHEREAS, the Board and the City entered into a Lease Agreement for property owned by the Board and located at 2115 Hoyt Ave E, commonly referred to as Hillcrest Reservoir; and
WHEREAS, the Lease Agreement was for an initial term ending December 31, 2041; and
WHEREAS, the Board and the City wish to amend the Lease to provide the Board and the City the option to mutually terminate the Lease without cause, and to move forward with termination under the new language; now, therefore, be it
RESOLVED, that the City Council of the City of Saint Paul authorizes the appropriate City officials to enter into the attached Amendment and to terminate the Lease Agreement.