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VII.1. Hopkins School Lease Renewal; Anderson (CR2017-116) October 3, 2017 Council Report 2016- 116 Hopkins School Lease Renewal Proposed Action. Staff recommends adoption of the following motion: Move that Council approves the lease agreement between the City of Hopkins and the Hopkins Public Schools for use of the Hopkins Center for the Arts. Overview: The prior lease expires October 31, 2017. The proposed lease is a renewal agreement for a term of ten years, November 1, 2017 October 31, 2027. Primary Issues to Consider: The prior lease charged a monthly fee of $8333.33/ $100,000 annually for the term of the ten year lease. Total revenue over 10 years: $1,000,000. The fee for the first year of the 2017-2027 lease is $9458.33 monthly/ $113,500 year. A 3% annual increase has been built into the lease. Total revenue over 10 years: $1,301,150 Other minor changes from the previous lease: Lease Item #14: Increased insurance requirement limit to $1,000,000 from $500,000 for property damage and fire legal liability. Lease Item #17: Monthly rent payable during extension of lease increased to $14,000 from $12,000. Lease Item #23: The termination by tenant clause requirement changed to 60 days written notice from 30 days. Lease Item #25: In the event that Landlord and Tenant fail to agree on a rental amount, the monthly rent during the extension has been increased to $14,000 from $12,000. Exhibit F: Building closure and holiday hour adjustments to reflect actual hours of the building. Supporting Information: Proposed Lease and Exhibits Lynn Anderson, Executive Director of Hopkins Center for the Arts LEASE AGREEMENT BETWEEN THE CITY OF HOPHINS AND INDEPENDENT SCHOOL DISTRICT N0. 270 FOR THE HOPKINS CENTER FOR THE ARTS DocN 2319260�2 TABLE OF CONTENTS 1 2 3 4 5 6 7 8 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. � 29. 30. 31. Leased Premises Leased Services Use of Premises Term of this Lease Exclusive Use Times Additional Hours Usage by Tenant Landlord's Priority on Additional Hours Allocation of Additional Hours through Meet and Confer Process Shared Use of Building Rent Leasehold Improvements Landlord's Covenants Tenant's CovenanYs Landlord's and TenanYs Scope ofLiability Partial Destruction of Premises Breach of Covenants Termination of Lease Common Spaces Interpretation and AmendmenY Real Estate Taxes Compliance with Minn. Statute Sea 16A.695 Sale of the Building Termination by Tenant Compatible Tenant Clause Renewal Option Representation on Operations Board Release of Spaces by Tenant; Tenant's Executive Contact Person Hazardous Substances/Environmental Regulations Estoppel Certificates Subordination Notices Paee 1 1 1 1 2 2 2 3 4 4 4 5 5 6 7 8 9 9 9 10 10 11 I1 11 12 12 12 13 14 14 15 Signature Page Exhibits A: Exclusive Use Times and Spaces B: Leased Spaces Floor Plan C: Criteria for Scheduling Conflict Resolution D: State Grant Agreement Excerpt: Sec. 2.03 E: Payment Schedule F: Building closure and holiday hour adjustments Uoc# 2319260�2 LEASE AGREEMENT BETWEEN THE CITY OF HOPHINS AND HOPHINS PUBLIC SCHOOLS FOR THE HOPHINS CENTER FOR THE ARTS THIS LEASE AGREEMENT (the "Lease") is executed in multiple originals this day of 2017, by and between the City of Hopkins, referred to as the "Landlord", and ]ndependent Schoo] District No. 270, referred to as the "TenanY'. Leased Premises. The Landlord in consideration of the rents and covenants stated in this Lease to be paid and performed by Tenant, does lease to the Tenant and the Tenant does lease from the Landlord the premises within the Hopkins Center for the Arts facility (the "Building") at 1111 Mainstreet, Hopkins, Minnesota, and further described herein. The premises covered by this Lease are limited to those portions of the Building to be leased to Tenant pursuant to Paragraphs 5 and 6 of this Lease and are referred to herein as the "leased premises" or the "premises". 2. Leased Services. The Landlord shall provide facility management staff and janitorial services as follows: Daily cleaning and removal of refuse from spaces allocated by this Lease for use by Tenant; Management of "Meet and Confer'' process (see Section on Allocation of Additional Hours, below) Maintenance and repair of fixtures and leasehold improvements including replacement of light bulbs within spaces allocated by this Lease for use by Tenant. 3. Use of Premises. The leased premises shall be used by the Tenant for the purposes of artistic and cultural appreciation and education; student and staff training and assembly; and parent and community uses related to educational events and programs. 4. Term of this Lease. The Tenant shall have full right to have and to hold the leased premises for a term of ten (] 0) years, commencing the first day of November, 2017, and ending on the thirty first day of October, 2027 (herein called the `Term") upon the rentals and subject to the conditions set forth in this L,ease. Subject to the terms and conditions of this Lease, Landlord leases to Tenant and Tenant leases from Landlord the leased premises as defined herein, but only for the dates and times specified herein, together with the right to use in common with the Other Users and Landlord the common areas of the Building, the shared use areas of the Building, and all rights and easements appurtenant to the Building including the lobby, rest rooms, hallways and un-designated parking areas. DocN 2319260�2 The Landlord may terminate this Lease if the TenanYs uses of the premises are not consistent with Tenant's uses per section 3 of this Lease. Such termination shall be upon four weeks' written notice to Tenant and shall be valid only with Hopkins City Council action. Prioritv User. The Tenant shall be entitled to the priority use and possession of the Art Classroom as described in Exhibit A(Exclusive Use Times and Spaces) and as depicted on Exhibit B(Leased Spaces Floor Plan) to this Lease. Tenant's exclusive use of the Art Classroom shall be subject to the Additional Hours in the Art Classroom allocated to Hopkins Center for the Arts, Inc. ("HCA") as described in Exhibit A hereto; provided that Tenant's exclusive use has priority subject to the Meet and Confer process for consideration of Additional Hours allocated to HCA. 6. Additional Hours UsaQe bv Tenant [n addition to TenanYs use and possession of the Art Classroom as specified above, Tenant shall be entitled to the exclusive use and possession of the following spaces (which spaces are identified in Exhibit B) for the number of "Additional Hours" stated below per Activity Year, which is defined as September 1 through August 31 of each calendar year during the Term. The dates and times on which Tenant shall be entiUed to such Additional Hours usage of the spaces identified herein shall be determined by the "Meet and Confer" procedure described in Section 8 below (Allocation of Available Usage Dates). For the purposes hereof the "all day" use of a space shall be deemed to be for sixteen (16) hours. Additional Hours Suace per Activitv Year Gallery 1,344 Rehearsal/Community Room Dance Studio Multi-Use — Performance Hall Theater: House, Upper House Stage, Green Room, Make-up Room, Dressing rooms Conference Room 1,344 2,900 1,000 1,344 312 Approximate Number of Weeks 12 7. Landlord's Prioritv on Additional Hours. Landlord shall have the Additional Hours £or the spaces described below in this Section 7, and shall have priority over Tenant and all other tenants in scheduling said Additional Hours in the Meet and Confer process described below. Landlord's Additional Hours are: Snace Theater Rehearsal/Community Room Multi-Use Performance Hall Dance Studio Arts Classroom Doc# 2319260�2 Additional Hours ver Activity Year 146 hours 206 hours 380 hours 254 hours 100 hours 8. Allocation of Additional Hours throueh Meet and Confer Process. Scheduling of Additional Hours on available usage dates (which refer to those dates that have not been requested as exclusive use spaces by any of the tenants) for spaces within the Hopkins Center for the Arts will be accomplished through a Meet and Confer process involving the major tenants (Stages Theatre Company, Hopkins Center for the Arts, Inc., and Tenant) and Landlord. The Tenant agrees to participate in this process beginning in December of each year as described below for the upcoming Activity Year. The Tenant agrees to submit to the Landlord by November ] 0 of each year a preliminary schedule of Tenant's activities in the Building for the upcoming Activity Year. The Landlord shall prepare a compilation of all tenant and Landlord activity requests onto one "Activity Year Meet and Confer Calendar" for each space (theater, community room, multi-use performance hall, dance studio, art classroom, gallery, conference room), noting conflicts or overlapping requests. The Meet and Confer process will then begin with a meeting of a representative(s) from each tenant group as well as Landlord representative(s), in a joint meeting. The Activity Year Meet and Confer Calendars will be reviewed and conflicts or overlapping requests for space will be resolved at the Meet and Confer meeting. It may take more than one meeting to completely resolve the Activity Year schedule for all the participants. The Meet and Confer meeting(s) will take place during the month of December. A final Activity Year schedule (each is a"Final Activiry Year Schedule"), which will consist of the final Activiry Year Meet and Confer Calendars, will be distributed to the tenants no later than January 31 for the upcoming Activity Year. Once the Fi�al Activity Year Schedule is distributed to tenants and the Landlord, the balance of unscheduled space in the Building will be available on a first come, first served basis, up to each tenant's limit of Additional Hours within each space. The annual Meet and Confer meeting may also involve scheduling by mutual agreement any events for Activity Years farther in the future than the current Activity Year. The agenda of each Meet and Confer meeting may include specification by each tenant of such tenant's activities during such tenanYs respective exclusive use times and Additional Hours, as well as discussion of logistical issues related to shared use of the Building, including parking kitchen use, foot traffic in lobby and halls, noise, etc. At the Meet and Confer meeting, Landlord, Tenant, and the other tenants (excluding occasional users) shall confer and attempt to resolve all conflicts regarding the allocation of Available Usage Dates. In doing so, the criteria listed in Exhibit C("Criteria for Schedule Conflict Resolution') to this Lease shall be applied in resolving conflicts between tenants as to the allocation of Available Usage Dates. Any conflicts regarding the allocation of Available Usage Dates which are not resolved at the Meet and Confer meeting shall be finally determined by Landlord applying the criteria listed in Exhibit C, and Landlord's determination shall be final and binding on the Tenant and all other tenants in the Building. Tenant agrees that at any time the Landlord may request Tenant in writing to release Spaces from Exclusive Use Times reserved pursuant to this Lease. Tenant shall consider each such Doc# 2319260�2 request; provided, however, under no circumstances shall Tenant be obligated to release any spaces from Exclusive Use Times reserved pursuant to this Lease. 9. Shared Use of Buildine. Landlord and Tenant acknowledge that Landlord has entered into a lease agreement with Stages Theatre Company, and a programming agreement with Hopkins Center for the Arts, pursuant to which Stages Theatre Company and Hopkins Center for the Arts shall be entitled to certain Exclusive Use Spaces, Exclusive Use Times, and Additional Hours Usage for the Spaces identified in Exhibit A and Exhibit B. Tenant acknowledges that, except as stated herein, Tenant shall not be entitled to the use and possession of spaces reserved to Landlord or leased to other tenants, and Tenant agrees the other tenants of the Buildinb shall be entitled to the exclusive use of such spaces for the Exclusive Use Times stated in this Lease and the exhibits hereto. 10. Rent. Tenant agrees to pay the Landlord as gross rent (herein called "RenY') for the leased premises and the leased services for the duration stipulated herein, without notice, set-off or demand the annual sum of one hundred thirteen thousand five hundred dollars and no cents ($113,500.00.) Under this paragraph, the monYhly rent shall be due and payable in advance from Tenant to Landlord beginning on November 1, 2017 and ending on October 31, 2018. For each year thereafter, November 1— October 31, during the term of this Lease, including any renewal term under Section 17 below, Tenant shall pay Landlord Rent (payable in advance in equal monthly installments) equal to the Rent payable by Tenant to Landlord for the previous lease year multiplied by a factor of one and 03/100ths (1.03). The specific amounts of annual and monthly rent for each year, including the optional renewal term are identified in the Rent Payment Schedule, Exhibit E to this lease, which Exhibit shall control in the event of conflict between Exhibit H and this Section. Monthly rental payments are to be due and payable by Tenant in advance at the office of the Landlord as set for[h in this Lease or at such other place as Landlord may designate in writing. Monthly rental payment shall be due and payable on or before the first day of each calendar month during the duration of this Lease ar any extension or renewal hereof. Landlord and Tenant agree that Tenant may pre-pay rent in full monthly increments at TenanYs discretion, and that Tenant may request of Landbrd at any time a statement of account showing the amount and period of such pre-payments. All pre-payments shall be applied to the time periods specified by Tenant aY TenanYs sole discretion. 11. Leasehold Imnrovements. Tenant agrees to make no leasehold improvements or alterations in the premises or the Building without first obtaining Landlord's written consent, which will not be unreasonably withheld or delayed. All improvements such as fire-rated carpeting and air conditioning which are affixed to the premises or the Building shall remain and become the property of tbe Landlord in the event of lease Yermination. Except as ot6erwise stated in Docd 2319260�2 this Lease, the Landlord shall not be required to make any alteration or improvement to the leased premises. 12. Landlord's Covenants. The Landlord hereby covenants and agrees as follows: a. To furnish all necessary utilities for the proper functioning of the Building, including heat, electricity, air conditioning, water and sewer and to keep same in good repair. b. To provide custodial, maintenance and repair services for the leased premises and common areas, including ice and snow removal in accordance with Landlord's snow removal schedule. c. To enter the leased premises only at reasonable times and with minimal disruption for the purposes of inspection and to repair and conect all structural or other defects in the premises and equipment, fixtures, ar appliances serving same. d. To maintain the Building's normal operating hours of 8a.m. to 8p.m. Monday through Sahuday and 12 to 5 p.m. on Sunday. Building hour adjustments will not be made without prior notice. See Exhibit F for list of scheduled closure days and adjusted hours. e. To maintain the exterior and interior structural and functional components of the Building and the Building grounds in good working order and repair; 13. Tenant's Covenants. The Tenant hereby covenants and agrees as follows: a. Not to use or permit any activity upon the premises that will be dangerous to life, limb, or property. In addition, Tenant agrees to implement policies and procedures to reasonably ensure that students and adults follow traffic regulations and safe driving practices when amving at or departing the premises. b. To provide a certificate of insurance covering its exposure to liability per this Lease. c. Not to deface or injure, nor allow to be defaced or injured, the leased premises or any part of the Building and grounds; not to overload the floors, nor to fill rooms with students or adults beyond the legal capacity' of said rooms; not to create nor allow to be created any ❑uisance in the Building or on the grounds thereof. d. Not to erect nor allow to be erected within or on the exterior of the Building or on its grounds any sign without the prior written consent of the Landlord. Such consent shall not be unreasonably withheld or delayed. Doc# 2319260�2 e. Not to sublet the premises or any part thereof, nor to assign this Lease or any interest herein, nor to permit this L,ease to be transferred by operation of law ar otherwise without obtaining the prior written consent of the Landlord. £ Not to waste nor to misuse water, electricity, heat, or any of the other utilities or services that shall be furnished by the Landlord. g. To notify Landlord promptly upon taking possession of or first using the premises or any equipment, plumbing, fixtures, appliances and machinery therein of any defects in same, or promptly following discovery of such defects if not discovered upon taking possession or upon first use, except for such defects not reasonably susceptible to discovery upon taking possession or upon first use of premises. Subject to the foregoing such taking possession of and use of the premises shall be conclusive evidence of the satisfactory condition of the premises and the equipment and other services servicing same. h. To quit and deliver up the premises to Landlord peaceably and quietly at the end of the duration of this Lease or any previous termination of same for any cause in as good order and condition and state of repair, wear and tear excepted, as the same are at the commencement of the term of this Lease, and to remove all of TeuanYs personal property and debris therefrom. i. To arrange with Stages Theatre Company, on such terms as may be acceptable to Tenant and to Stages Theatre Company, for the use and operation of Stages Theatre Company's theater equipment and such related equipment of Landlord when use of said equipment is required for Tenant's activities in the Theater and the Multi-Use Performance Hall. j. To comply with all state, federal, and municipal statutes, laws, ordinances and regulations and such reasonable rules and regulations as adopted by Landlord for the Building. 14. Landlord's and TenanYs Score of Liabilitv. Tenant agrees Yhat it shall purchase in advance and carry the following insurance at its own expense: a) "All Risk" fire and extended coverage insurance insuring TenanYs personal property, furniture, trade fixtures, inventory and business records against loss from all insurable events for the full replacement value thereof, b) insurance against interruption of Tenant's business activities; c) comprehensive general public liability insurance, providing coverage on an `bccurrence and not a"claims made" basis, covering all acts of Tenant, its employees, agents, representatives and guests and insuring against all claims arising from injury to persons or damage to property in or about the leased premises or the Building in a single limit amount of not less than $2,000.000.00 for personal injury or death and not less than $1,000,000.00 for property damage and fire legal liabiliry. All such insurance shall name Landlord as an additional insured and shall provide for ten (10) days written notice to Landlord prior to cancellation, non-renewal or material modification. Certificates of all such insurance shall be delivered to Landlord priar to occupancy of the leased premises by Tenant and at least ten (10) days prior to the termination Doct! 2319260�2 date of any existing policy. Tenant shall pay to Landlord, upon demand, as additional rent the cost of securing such insurance in the event Tenant fails to furnish certificates of insurance to Landlord. However, it is not Landlord's duty nor obligation to secure such insurance for Tenant. Landlord shall, during the Term of this Lease, maintain standard, all risk insurance on the Building, including any fixtures which are the property of Landlord and including any improvements to the leased premises which shall become the property of Landlord upon termination of this Lease, insuring against loss by Sre and other perils covered by a standard extended coverage endorsement. Such insurance shall be in an amount of not less than the full replacement cost of the Building. Landlord shall maintain, during the Term of this Lease, comprehensive general public liability insurance covering the legal liability of Landlord against claims for bodily injury, death or property damage occuning on or about the Building in a single limit amount of not less than $2,000,000.00 for personal injury or death and not less than $1,000,000.00 for property damage. With respect to all comprehensive general public liability insurance maintained by Landlord and any other tenants of the Building (other than the occasional users), Tenant hereunder shall be named as an additional insured Yhere under and shall be enritled to at least ten (] 0) days written norice prior to any termination, cancellation, non-renewal or material modification thereo£ The requirements of this section relaCing to insurance to be maintained by Landlord shall be subject to the requirements of any mortgage or loan agreement to which Landlord is subject, and the terms of any such mortgage or loan agreement shall control the provisions of this section. Landlord shall not be responsible or liable to the Tenant for any injury or damage resulting from acts or omissions of third persons occupying property adjoining the leased premises or any part of the Building of which the leased premises is a part, nar for any injury or damage to the Tenant or its property resulting from bursting, stoppage or leaking of water, gas, sewer or steam pipes, except where such injury or damage arises from the willful or negligent misconduct of the Landlord, its agents or employees or from the Landlord's failure to make the repairs which it is obligated to make hereunder. 15. Partial Destruction of Premises. Landlord and Tenant agree that if during the duration of this Lease the leased premises or the improvements thereon should be injured or destroyed by fire or the elements, or through any other cause, so as to render the leased premises unfit for occupancy, or to make it impossible to conduct the business of the Tenant thereon, or to such an extent that the premises cannot be repaired with reasonable diligence within �inety (90) days from the date of such injury, then the Landlord ar Tenant may terminate this Lease as of the date of such damage or destruction. The Tenant shall then immediately, or as soon as practical thereafter, surrender the leased premises and all interest therein to the Landlord. The Tenant shall pay rent only to the time of surrender; and rent pre-paid by Tenant which is attributable to any period of time afrer the time of surrender shall be rebated to Tenant. If the Lease is terminated as provided in the previous sentence, then Landlord may reenter and repossess the leased premises described in this Lease, and may dispossess all parties then in possession thereo£ But if the leased premises can be restored within ninety (90) days from DocN 2319260�2 the date of the injury thereto, and the Landlord within fifreen (15) days from the occunence of such injury elects in writing to so repair or restore said premises within ninety (90) days from the date of the injury thereto, then this Lease shall not end or terminate on account of such injury by fire or otherwise. In such event the rent shall not run or accrue from the date of such injury through the date of completion of such repairs, except that the Tenant shall during such time pay a pro rata portion of such rent apportioned to the portion of the leased premises which are in a condition fit for occupancy or which may be actually occupied during such repairing period. If, however, the leased premises shall be so slightly injured by any cause aforesaid as not to be rendered unfit for occupancy, then the Landlord shall repair the same with reasonable prompmess, and in that case the rent shall not cease or be abated during such repairing period. All improvements placed by the Tenant on the leased premises shall, in any event, be repaired and replaced by the Tenant at its option at its own expense and not at the expense of the Landlord. If the Landlord shall fail to make the required repairs, the Tenant may, at its option, terminate this Lease as of the date of such injury upon furnishing written notice to the Landlord. Such right to terminate by the Tenant shall exist from and afrer sixty (60) days from the date of injury if no notice of repair has been received or from ninety (90) days of date of injury should notice have been received; in either event, the repairs must not have been substantially completed. 16. Breach of Covenants In the event of the breach by either party of a material covenant of this Lease and if said breach is not corrected within thirty (30) days after written notice to the other party of said breach, then the non-breaching party may at its election terminate this Lease upon written notice, provided neither party may terminate this Lease so long as the other party is proceeding with reasonable diligence to cure any default by such other party. The Tenant shall be deemed to be in breach of this Lease if the TenanYs leasehold interest shall be taken on execution or other process of law, or if the Tenant shall petition to be or be declared bankrupt or insolvent according to law, or if the Tenant shall vacate said premises or abandon same during the duration of this Lease. In the event a breach of this Lease is not corrected within thirty (30) days after written notice to Tenant as provided above, the Landlord may at its election and upon written notice to the Tenant as above provided declare this Lease forfeited and void, and may thereupon re-enter and take full and absolute possession of said premises as the owner thereof, and free from any right or claim of the Tenant, or any person ar persons claiming through or under the Tenant; and such election and reentry last mentioned shall be and constitute an absolute bar to any right to enter by the Tenant upon the payment of all anearages of rent and costs after a disposition under any suit ar process for breach of any of the covenants of this Lease, and the commencement by the Landlord of any action to recover possession of aforesaid premises shall be deemed a sufficient notice of election of said Landlord to treat this Lease as void and terminated, without the written notice above specified in this subparagraph. Tenant agrees that it will look solely to the interest of Landlord in the Building and the rentals therefrom for the collection of any judgment or award requiring the payment of money by Landlard in the event of any default by Landlord in any of the terms, covenants or conditions of this Lease; and no other assets of Landlord shall be subject to levy, execution Docd 2319260�2 or other legal process for the payment of Tenant's daims. Re-entry by the Landlord and declaration of forfeiture shall not work a forfeiture of the rents to be paid and the covenant to be kept by Tenant for the full term of this Lease, except that Landlard shall make a good faith and reasonable effoR to re-let the leased premises and any monies received therefrom shall be applied to Tenant�s rent obligations, provided that the reasonable expenses incurred by the Landlord in any such re-letting may be deducted from any monies received therefrom. If an event of default shall have occurred and Landlord places in the hands of an attorney the enforcement of all ar any of the terms, covenants, agreements or conditions of this Lease, the collection of any rent due or to become due, or the recovery of possession of the leased premises, Tenant agrees to reimburse Landlord, as additional rent hereunder, for Landlord's reasonable attorney's fees, together with the actual cost of maintaining any action commenced in law or equity by Landlord, whether suit is actually filed or not. If an event of default shall have occurred and Tenant places in the hands of an attorney the enforcement of all or any of the terms, covenants, agreements or conditions of this Lease, Landlord agrees to reimburse Tenant for Tenant's reasonable attorney's fees, together with the actual cost of maintaining any action commenced in law or equity by Tenant, whether suit is actually filed or not. Other remedies for non-payment of rent notwithstanding and without prejudice to such remedies, if Tenant fails to pay the Rent or any other payment due hereunder, within thirty (30) days following written notice of default by Landlord, Tenant shall pay Co Landlord, as additional rent hereunder, interest on all such past due payments at the rate of one percent (1 %) per month or at the maximum rate permitted by law, whichever rate is lowec Interest shall accrue from the date each such late payment became due and shall be payable to the date of payment thereof by Tenant. 17. Termination of Lease. Tenant and Landlord agree to give the other party written notice two (2) months prior to the expiration of this Lease, or any extension by option thereof, of its intention to vacate the premises or to demand vacation of the premises. Unless either party gives notice that the premises shall be vacated at the end of the lease term, or any extension by option thereof, this Lease shall be extended for successive one-month periods commencing as of the date of the end of the Lease, or any extension by option thereof, and continuing until October 31, 2027. Monthly rent payable during such period shall be fourteen thousand dollars and zero cents ($14,000.00). If Landlord has previously given notice of termination, and if for any reason the Tenant does not promptly vacate the premises at the end of the term, or any extension by option thereof, then the Tenant agrees to pay the Landlard for such time as elapses between the end of the term of this Lease as same may be extended by this provision of the agreement and the time when the Tenant actually vacates the premises, a pro rata amount based on a monthly rent of fourteen thousand dollars and zero cents ($14,000.00). Docq 2319260�2 18. Common Suaces. Tenant shall have access to and the use of all common spaces throughout the Building that are not leased to other tenants, such as, but not limited to, rest rooms, elevators, stairs, and corridors for the term of this Lease and any extension hereof. 19. Internretation and Amendment. The terms of this Lease shall be interpreted in accordance with the laws of the State of Minnesota. The parties agree that no assent, express or implied, by the Tenant or the Landlord to any breach of any of the covenants or agreements contained herein shall be deemed or taken to be a waiver of any succeeding breach of such covenant. This Lease is binding on the parties hereto and their successors in interest and it contains the complete agreement of the parties. This Lease can only be amended in writing signed by both parties. 20. Real Estate Taxes. If the current tax exempt status on the Building changes due to the TenanYs occupancy, the Tenant shall pay all real estate taxes on said property and all payments required to be made in lieu of taxes, including payments required by M. S. 272.68, Subd. 3, and shall pay any expenses incurred in connection with such obligation, but only as such taxes and expenses are attributable to TenanYs occupancy. 21. Compliance with Minnesota Statutes Section 16A.695. The parties hereto agree that notwithstanding any other provision of this Lease, the following provisions shall apply: a. Landlord covenants that it has the authority to enter into and execute this Lease agreement under Minnesota Statutes, Sections 471.15 and 471.191 in order to carry out a governmental program, which is community-based artistic and cultural performances and educaYion. The statutes ciYed state in part, "Any... city... or any board thereo£.. may operate a program of public recreation..." and, "Any city operating a program of public recreation... may acquire... and maintain land, buildings, and other recreational facilities, including but without limitation...concert halls,...and facilities for...cultural participation, contests, and exhibitions..." The Landlord has specific statutory authority to expend monies to operate and maintain the Building under Minnesota Statutes, Section 471 .191, which states, "Any city operating a program of public recreation...pursuant to sections 47115 and 471.19 may acquire or lease, equip, and maintain land, buildings, and other recreational facilities,... and may expend funds for the operation of such program and bonow and expend funds for capital costs thereof pursuant to the provisions of this section." b. TenanYs use of the leased premises hereunder shall constitute the "govemmental program" within the meaning of Minnesota Statutes, Section 16A.695 to be carried out by Tenant from the leased premises. c. In the event Tenant terminates or changes the governmental program to be camed out by Tenant from the leased premises, Landlord may upon at least sixty (60) days written Doc# 2319260�2 notice to Tenant and opportunity to cure, and upon action by the Hopkins City Council at a meeting of which Landlord shall have notified Tenant, terminate this Lease in accordance with its tern�s. TenanYs use of the leased premises shall comply with the requirements of Section 2.03 of the grant agreement entered into by Landlord with the State of Minnesota, Department of Administration (a copy of Section 2.03 is attached hereto as Exhibit D). d. The parties hereto agree that the employees, agents and representatives of Landlord and of the State of Minnesota, including the DepartmenTs of Finance and Administration thereof, shall have access to TenanYs Exclusive Use Spaces and the remainder of the leased premises hereunder for the purpose of determining whether the governmental program is being camed out by Tenant from the leased premises. The parties hereto agree that they shall jointly and severally promptly supply upon request by the Minnesota Departments of Finance or Administration any and all documentation and records, which may by said state agencies be required for the purpose of providing state oversight of the governmental program and of the state funds granted to the Landlord for construction of the Building; provided that Tenant shall only be obligated to supply such documentation and records as are in TenanYs possession; and that the parties hereto shall, upon direction from the Minnesota Commissioner of Finance, take such actions and furnish such documents as the Commissioner determines to be necessary to ensure thaY the interest to be paid on the general obligation bonds is exempt from federal taxation. 22. Sale of the Buildine. Landlord and Tenant acknowledge that this Lease is free of any provisions which would require the Landlord to sell the Building for an amount less than its fair market value, that this Lease is free of any provisions which would require Landlord to sell the Building without first obtaining the written consent of the Minnesota Commissioner of Finance, that this Lease is free of any provisions that would cause the manner of distribution of the proceeds of the sale of the Building to violate the provisions contained in the General Obligation Compliance Bill and/or in the Order of the Minnesota Commissioner of Finance, and that this Lease contains no sale or purchase option provisions. Landlord and Tenant further represent to one another hereby that no such sale or purchase option provisions as described in this paragraph exist in any agreement between the parties hereto, including but not limited to this Lease. in the event of a sale of the Building this Lease shall remain in effect. 23. Termination by Tenant. The Tenant shall have the right to terminate the Lease effective as of the end of each of TenanYs fiscal years. In order to exercise TenanYs right of termination in this section, Tenant shall give written notice of termination no fewer than sixty (60) days prior to the end of the fiscal year for which such a termination shall be effective. It is The intent of the Tenant to execute the term of this Lease as stipulated above in the section "Term of this Lease." 24. Compatible Tenant Clause. The Landlord agrees to use good judgment and discretion in the leasing of space within the Building and will not lease space to any individual, group, organization or business that is not compatible with the Tenant. Landlord acknowledges that DocH 2319260�2 Tenant's use of the Building will involve visits to the Building by children, and agrees not to lease space to another user that is not compatible with TenanYs uses. 25. Renewal Option. Provided Tenant is not in default under this Lease eiYher at the time notice is given or at tbe expiration o£the t6en current term of tbis Lease, Tenant shall have the right and option, exercisable by giving Landlord written notice (`Notice of Extension") thereof at least 90 days but no more than 360 days priar to the expiration of the then current term of this Lease, to extend the term of this Lease for one period of one hundred nineteen (119) months. Upon the giving of the Notice of Extension, the term of this Lease shall automatically be extended as provided in the preceding sentence. The extended term of this Lease shall be upon and subject to all of the terms, covenants, agreements, provisions and conditions of this Lease, excluding, however, the rental amount. Landlord and Tenant agree that, in Yhe event Tenant extends this Lease per this section, Landlord and Tenant shall negotiate a rental amount acceptable to both Landlord and Tenant. In the event that Tenant extends this Lease per this section and Landlord and Tenant fail to agree on a rental amount for the period of the extension of this Lease, then the monthly rental amount shall be fourteen thousand dollars and zero cents ($14,000). In the event the Tenant fails to give notice of extension at the time and manner herein provided, and subject to Section 17 of this Lease, this Lease shall automatically terminate as of the end of the then current term, and Tenant shall have no further right or option to extend this Lease. When used in this Lease, the phrase "term of this Lease" or similar phrases shall mean and refer to the original term of this Lease and the extended term thereof. 26. Renresentation on Ouerations Board. Landlord and Tenant acknowledge that the Building no longer operates under rules and regulations established by a Center Operations Board (the "Operations Board"). The Operations Board was an official board of the City of Hopkins and an advisory body to the Hopkins City Council. In the event the City re-establishes an Operations Board for the purposes stated above, the Landlord and Tenant acknowledge that the Center Operations Board will have an odd number of inembers and that the Tenant may, during the term of this Lease, appoint one member of the Center Operations Board as Tenant's representative. 27. Release of Spaces bv Tenant Tenant's Bxecutive Contact Person. Landlord and Tenant agree that afrer Landlord delivers the Final Activity Schedule as provided above in Section 8, upon request of Landlord, Tenant may elect (but shall not be obligated) to release to Landlord any space for any date or time Tenant is entitled to use such space under the provisions of this Lease. In that regard, Tenant agrees to collaborate with Landlord and other tenants to use the Building Co the fullest exYent possible. Tenant agrees that Tenant's Superintendent of Schools or designee shall be authorized to grant or deny any request for release of space under this section. Notwithstanding the above, Tenant shall be obligated to release any space other Yhan the Art Classroom to Landlord under the following conditions: Landlord must give Tenant six Doc# 2319260�2 weeks' notice of a request for release of a specific space at a specific time; if Tenant after receipt of such notice fails to specify to Landlord a Tenant activity at least 30 days prior to the specific time for which a specific space is requested, Yhen Tenant shall be deemed to have released that specific space for that specific time for use by Landlord or by users other than Tenant, and Landlord shall be enCitled to retain all rent or other paymenTs received for the use of such space. 28. Hazardous Substances/Environmental Regulations. Tenant warrants and represents that: a. Its use of the leased premises and the operation of its business and affairs thereon shall not violate any law, statute, ordinance, rule, regulation, order or determination of any govemmental authority pertaining to hazardous substances, toxic waste, asbestos, health or the environment (hereinafter sometimes collectively called "Environmental Regulations") including, but not limited to, the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 as amended by the Superfund Amendments and Reauthorization Act of 1986, and the Resource Conservation and Recovery Act of 1976 and the Minnesota Environmental Response and Liability Act b. Tenant will obtain prior to its commencement of activities in the Building and shall continue to maintain all permits, licenses or similar authorizations, if any required by Environmental Regulations to conduct its business on the leased premises and; a TenanYs use of the leased premises will not result in the disposal, discharge or release in violation of applicable Environmental Regulations of any hazardous substance, toxic waste, asbestos or other substance ("Hazardous Substances") regulated by Environmental Regulations on or about the leased premises or the Building. In the event Tenant, its officers, agents, employees or subcontractors breach or fail to perform any of the warranties and representations contained in this section: d. Upon notice from Landlord, Tenant shall remove from the leased premises or the Building, at Tenant's sole expense, any Hazardous Substance which is not in compliance with Environmental Regulations or this Lease to the extent that such Aazardous Substance was the result of the acts of Tenant, its officers, agents, employees or subcontractors. e. Landlord and such environmental engineers or consultants as it may employ shall be entitled to enter upon the leased premises upon reasonable prior notice for the purpose of conducting such environmental audits or similar tests as Landlord may deem reasonably necessary and the cost and expense of such environmental audits and or tests incurred by Landlord shall be paid by Tenant as additional rent hereunder with the next installment of Rent; provided that Tenant shall have no obligation or expense to the extent that such audit and/or test fails to reveal any material violations due to the acts of Tenant. Landlord warrants and represents that prior to the date of occupancy by Tenant there shall have been no violations of Environmental Regulations, and that there shall be no Doc# 237 9260�2 Hazardous Substances within the Building. Landlord and Tenant shall protect, indemnify and hold the other party harmless from all costs, fines, claims, demands, actions, proceedings, judgments and damages (including court costs and reasonable attomeys' Yees) resulting from or arising out of any breach or nonperformance by Tenant or Landlord of the representations and warranties contained in this Section including but not limited to the cost of removal and/or remediation of any disposal, discharge, release or contamination of or by Hazardous Substances on or about the leased premises, or the Building. It is expressly acknowledged by Tenant and Landlord that all of the terms, covenants and conditions of this section pertaining to Environmental Regulations including but not limited to the indemnities herein provided shall survive the termination of this Lease. 29. Estoopel Certificates. Tenant agrees at any time and from time to time, but no more than two (2) times per calendar year, upon not less than ten (10) days' prior written notice by Landlord, to execute, acknowledge and deliver to Landlord or a party designated by Landlord a sYatement in writing (i) certifying that this L,ease is unmodified and in full force and effect, or if there have been modifications, that this Lease is in full force and effect as modified and stating the modifications, or if not in full force and effect stating the reasons and facts thereto, (ii) stating the dates on which the Rent and other charges hereunder have been paid by Tenant, (iii) stating, to the best of TenanYs kuowledge, whether or not Landlord is in default in the performance of any covenant, agreement or condition contained in this Lease, and, if so, specifying each such default, and (iv) such other matters relating to this Lease as may reasonably be requested. Any such statement delivered pursuant hereto may be relied upon by any owner of the Building, any prospective purchaser of the Building, any mortgagee or prospective mortgagee of the Building or of Landlord's interest, or any prospective assignee of any such mortgagee. 30. Subordination. Without the necessity of any additional document being executed by Tenant for the purpose of effecting a subordination, this Lease shall be subject and subordinate at all times to the lien of any mortgage which may now or hereafrer encumber the Building or Landlord's interest or estate therein; provided, however, Chat if the Landlord, any mortgagee or holder of any mortgage elects to have Tenant's interest in this Lease be superior to any such mortgage, then by notice to Tenant, this Lease shall be deemed superior, whether this Lease was executed before or after said mortgage. Notwithstanding the foregoing, Tenant covenants and agrees to execute and deliver within ten (10) days of written request therefore any certificate or subordination agreement evincing such subordination or superiority of this Lease as may be reasonably requested by Landlord or any mortgagee, provided, however, that any subordination by Tenant, whether in accordance with this section or by separate agreement, shall only be effective if Tenant has first received a non-disturbance agreement from the mortgagee, by which the mortgagee shall agree not to disturb TenanYs possession (provided Tenant is not in default under tbis Lease) and shall agree to honor the terms of this Lease. Tenant further agrees that in the event that any proceedings are brought for the foreclosure of any mortgage, Tenant shall attorn to the purchaser at the foreclosure sale and Doct! 2319260�2 recognize such purchaser as the Landlard under this Lease, if requested to do so by such purchaser, provided that said purchaser agrees that TenanY s possession of the leased premises shall not be disturbed so long as Tenant shall continue to perform all of the covenants and conditions ofthis Lease, in which case Tenant's obligations to perform such covenants and conditions shall not be in any way diminished thereby. Either party to this Lease is permitted to record a memorandum of lease at its discretion. 31. Notices. All notices or other communications hereunder shall be in writing and shall be hand delivered or senC by first class United States Mail, postage prepaid, or by a nationally recognized overnight delivery service, to the following address: Landlard: City of Hopkins Attention: City Manager 10101 First Street South Hopkins, MN 55343 Tenant: Hopkins Public Schools Attention: Community Education Director 1001 State Highway 7 Hopkins, MN 55343 If notice is given by mail or by overnight delivery service, such notice shall be deemed to have been given on the day following the date of mailing. The Landlord and the Tenant have executed this Lease on the day and year first written, each party retaining an executed copy for its records. Tenant Independent School District No. 270 Hopkins Public Schools 1001 State Highway No. 7 Hopkins, MN 55305 � By School Board Chairperson Superintendent of Schools Date: Doc# 2319260�2 Landlord: City of Hopkins 1010 First Street South Hopkins, MN 55343 By Its Mayor By City Manager Date: LXHIBIT A �SCLI�SIVl GST TI!�l[�:S A�'D SPACES l�his E.ehibit smumarizes d�e riehts to e.�clusive use of certain sp�ces ur certain spnces only ut certuin times, ot thc dirce malt�r tenants of the Buildine. ]i�clusivc Usc Sn:ues St.ige; 77�c;�tre C'omp.i�ic �nill lia��e exclesi��e. )�ear-roimd u,c t�f the follo���ine spaces' � Sta��es l�heau�e Compun}� OCfices, Scene Shop, e Stages l�hcatre Com�iany Stora��e Roum. Costume Sl�op and Box Oflice Lsclusi�c Usc'1'imes Tcn,mt �� ill ha��e esclusi� e iise oCihe An Classroom year-ruund. l�he l�lopkins Centcr for the Arts. hu will ha��e exclusiee use nf the G�Ilerp for 24 weeks to b� spcciti��d and for an ��dditional i���eekends to be spccified. Che Hupl:ins Center for the Arts, Inc will ha��e exclusive use of the Multi-Use Performance I lall ibr thrce ���eeks in A4•r,rch-.April and three wceks in Septemlcr to bc specif ied. ]I1. Stages 7�hcutre Cur��pan� ��ill ha��e e�clusive use of the following spaces and times: Space for preliminary rahearsals every d�y D9onday throueh Friday fi'om ;:00 p.m. tu IO�DO p.m. and cvery Saturday tiom 8:00 a.m. to 5:00 p.m. T�I�is space may be an}' one oY tlic follo�+�ing spaces on a given dac: Prioritv Rchc:us:�l/Curomunih 12oom first Dancc Studio Second Thc�tcr � third 1lulti-l'sc Pcrformancc Hall fourth I.anul�,rd �hall �ro� ide Stages �IheaLr Compan�� ���iih il�e highest priorih� spac� for preliminar}� rehearsals nn a eiven da}' as scheduling considerations permit. Landlord iva�� not pro� ide Stages l�he�tre Comp,m:. u�itl� a.pace 1�or preliminary rehears;�is on u_�iven daiy iC that spacc is reser��e� for anu[her user unles� that user releases that spaee in �cri[iite. b. The 7 heatcr for 17na! rchcarsais nnd performances as needed by Sta��es "l�heatre Exhib;i A Vase ] Cumpum� throughbut itv ;b-���eek sruson, ���ith runs pinnncd as (ollo�rs�. 6 ���eekc diu�ing Sept. - Oct. 9 �eeeks duririe N����. - Dec. 6 ��eeks duriue .lan. - I eL. ? weeks during 1�4areh-.�pril S ���eeks during b9sy�-June Stages �fl�eatre l o�rpam� �vill submit to Landlord e.ich ycar tm Acuviry Schedulr sl�o���ine �chen iu final reliearsals and performances will he. For any otl�cr times dinin� Sta�cs Thcatrc Companl' 36-��eek seasun. othrr usern ma�� request that Stagcs Theatre Canpsn�� relcase theater �imc. l o thc extent tl�tat such rcquests do not interfcre ���ith iu cure pro�_ram of �inal rehcarsals and prrfunnances. Sluges Theatrc C'ompany �aill accommodatz such requests. c I�he �-lulti-Use Pcrformance Hall for perform�nces as follo�vs: R �aeeks durine Jan. - March S�vecks durin� Jime - At�sust, ezecpt for "I�uesd�v. AVednesda}� aiid 7hurtidtn� oCthc ���eel: be}ore tl�e Uiird ���cekend in lulv. d. ('onference Room tor montl�ly board meetii�gs in the e��eninzs and �vicekly staff mcctines durine ihe dav. }:shibit A Paee 1 � ➢ Z � m < m � i-- �-, - . .- ---- C � � rn � � m < fTl � a � 2 m D � m � 3 V A� O o ^! D o m � � r.� a N m msmy C O O oy T� nm Ty N pi -i -i OD A LI am c� u� m o <- OD Dm m N opan 3 y x 3 a =� C V } z A 3 o;�n 3�"A N aos u� A O O 3 }t; �' `��'z f m � � EYHIBI"I' C` CRITERIA FOR SCHEll[rL1NG CO\FLICT RF.SOLPTIO'� lf the mect-and-confer }�rocess fails to resolvc all schedulin� conflicts among the maior tenants in the 13npl:ins Center for the .Ans (Sta�es Theatre Company, Hopkins Public Schools, Hopkins Ce�nter t�or the Arts. ]nc.). then the Landlord shall 3pplt� the follo�e�ing criteria to resol��e tlie conflicts. The I.andlord's ageirt in this reeard shall be the fac�ili��� manager for the Hopkins Center for the .Arts. Kelevance to ilie f�is. Activities �n�hich are relevant to the a�ts and/or cultural education recci��e a l�ieher score ilian thosc that arc not Scorine scale: Rele� ant to the Ans ?�ot Relevant to ilie Arts 10 9 8 7 6 ? 4 3 2 I Precedence. Activities �a�il] be swred on �vhether and to ���hat extent there is a positive precedent for that specific user gmup s acti��i[y. There is precedent for the activit� if it ��as part of the Ccnter's schedule in the Prior ��ear(s). The longer the user group has used the Center, the stronger tl�e precedent is for that use. Acti� ities that ha��e worked well for the user group and for the Center ha��e a positive precedent. Scoring scale: Prior Problem-Free Use No Prior Use/Problematic Use 5 4 3 2 1 3. Reasonableness. Activities wi11 be scored on the e�tent to n�hich the request for time and space is proportional to the size of the program and reasonaMe for the age and programmatic needs of the people ser��ed. Scoring scale: Propoitional'Reasonable Dispropnrtio�ate/Unreasonable � 4 3 2 ] 4. Number of People Served. ] he acti� it� tliat se�ves the most pcople �+-i11 have priorit� over other activities, all other things being equal. Scoring scale: l,aree Group Served Small Group Ser��ed 5 4 ; ? 1 i. Residencv. Activities tl�at serve residents of the City of llopkins and/or of Hopkins Public Schools have priarit}' ocer those thal do not. Actiti�ities that serve businesses and!or their emplmees located in the City of Hopkins and!or Hopkins School District have prioritv over those that do not. Man� Residents Served No Residents Szrved s a z� 6. ]�inancial,7n-kind ]����estment in the Center. User eroups ���hich ha��e made or are making financial and!vr in-kind contributions to the Genter. includin, rental fees. lease payments • aud ���lunteer time, ha� e prioriq� over groups that l�ave not contributed. Sienificant Contrihut;ons 1�1adc i�o Contributions Made 4 _ 2 1 E�HIBIT ll SEC"TIO\ 2.03 OF GR.�\T AGRF;EMENT Section 2.Oi Operation of 16e Facilit}•. I�he Public Fntit� shall operate the Fa�ilit�. or cause it to be oPerated. as a center for arts and cultural perfaru�ance end educ�ti��n. rn� for such other use as the legislawre may from tin�c to time desienate. aud ma�� enter into U�e Conu�act� ���ith Lessees to su nperate the Facilin'; pro��ided that such conu�acts ha� e hecn appro��ed. in ���riting. h�� the State Lntit� and il�e Finance Commissioner. The Yuhlic Lntit�� shall also annuall� determine that the Facilit�� is hein� so used. and shall suPpl�� a statement. sn�orn to hefore a notar�� public. to such el�fect to both the Sta�e I'.ntit�� and the Finance Commissioner. Vdith respect to any program ���hich �a'ill be oPerated in the Facilit��. the Public Entit�� co��enants �i�ith, and represents and ���arrants to. the State L-ntit�� that (I) it has the a6ilit�' and a plan to fund the progrxm �+�hich �+�ill hc operated in ihr Pacilit�. 1_ii) it dcmonstrated such abilit� and supplied such plan to the State E:ntity prior to the execution nf this Aereement. and (iii) it ��'il1 not e��ter into a Use Contract ���ith a Lessee unless such Lessee has demonstrated to the State �nlit�� that it has tlie ability and a plai� to fund the protram �3hich I,essec intendt to operate in the Facilit�. Hopkins Center for the Arts EXHI8IT E Schedule of Monthly Rent Payments based on Hopkins Public Schools Fiscal Years November 2017 - October 2027 Year Month HPS Lease Monthly Rent Year of Year Rent Lease November $ 9,458.33 1 2017 December $ 9,458.33 2018 January $ 9,458.33 February $ 9,458.33 March $ 9,458.33 April $ 9,458.33 May $ 9,458.33 June $ 9,458.33 July $ 9,458.34 August $ 9,458.34 September $ 9,458.34 October $ 113,500.00 $ 9,458.34 Navember $ 9,742.08 2 December $ 9,742.08 2019 January $ 9,742.08 February $ 9,742.08 March $ 9,742.08 April $ 9,742.08 May $ 9,742.08 June $ 9,742.08 July S 9,742.09 August $ 9,742.09 September $ 9,742.09 October $ 116,905.00 $ 9,742.09 November $ 10,034.34 3 December $ 10,034.34 2020 January $ 10,034.34 February $ 10,034.34 March $ 10,034.34 April $ 10,034.35 May $ 10,034.35 June $ 10,034.35 July $ 10,034.35 August $ 10,034.35 September $ 10,034.35 October $ 120,412.15 $ 10,034.35 Year Month HPS Fiscal Monthiy Rent Year of Year Rent Lease November $ 10,335.37 4 December $ 10,335.37 2021 January $ 10,335.37 February $ 10,33537 March $ 10,335.37 April $ 10,335.38 May $ 10,335.38 June $ 10,335.38 July $ 10,335.38 August $ 10,33538 September $ 10,335.38 October $ 124,024.51 $ 10,335.38 November $ 10,645.43 5 December $ 10,645.43 2022 January $ 10,645.43 February $ 10,645.44 March $ 10,645.44 April $ 10,645.44 May $ 10,645.44 June $ 10,645.44 July $ 10,645.44 August $ 10,645.44 September $ 10,645.44 October $ 127,745.25 $ 10,645.44 November $ 10,964.80 6 December $ 10,964.80 2023 January $ 10,964.80 February $ 10,964.80 March $ 10,964.80 April $ 10,964.80 May $ 10,964.50 June $ 10,964.80 July $ 10,964.80 August $ 10,964.80 September $ 10,964.80 October $ 131,577.61 $ 10,964.81 November $ 11,293.74 7 December $ 11,293.74 2024 January $ 11,293.74 February $ 11,293.74 March $ 11,293.74 April $ 11,293.74 May $ 11,293.75 June $ 11,293.75 Year Month HPS Fiscal Monthly Rent Year of Year Rent Lease July $ 11,293.75 August $ 11,293.75 September $ 11,293.75 October $ 135,524.94 $ 11,293.75 November $ 11,632.55 8 December $ 11,632.55 2025 January $ 11,632.55 February $ 11,632.55 March $ 11,632.56 April $ 11,632.56 May $ 11,632.56 June $ 11,632.56 July $ 11,632.56 August 5 11,632.56 September $ 11,632.56 October $ 139,590.68 $ 11,632.56 November $ 11,951.53 9 December $ 11,981.53 2026 January $ 11,981.53 February $ 11,981.53 March $ 11,981.53 April $ 11,981.53 May $ 11,981.53 June $ 11,981.54 July $ 11,981.54 August $ 11,981.54 September $ 11,981.54 October $ 143,778.40 $ 11,981.53 November $ 12,340.98 10 December $ 12,340.98 2027 January $ 12,340.98 February $ 12,340.98 March $ 12,340.98 April $ 12,340.98 May $ 12,340.98 June $ 12,340.98 July $ 12,340.98 August $ 12,340.98 September $ 12,340.98 October $ 148,091.76 $ 12,340.98 November $ 14,000.00 without reneu �ed lease Hopkins Public Schools Yearly Annual Rent Year of Annual Rent Lease $ 1,301,15030 Lease term ends October 31, 2027 Hopkins Center for the Arts Building closure and holiday hour adjustments Exhibit F Hopkins Center for the Arts is clased on the following holidays: Labor Day, Thanksgiving Day, Christmas Eve & Christmas Day, New Year's Day, Easter, Memorial Day, Independence Day, and Raspberry Parade Sunday. New Year's Eve Day the Center closes at 4pm. If there are no activities scheduled at the Center for an entire day, the Center Administration may decide to close the building for that day. The closure will be published on our website and signage will be posted on entrance doors. The Arts Center is open for activities, but the business offite is closed, on the following days: Veteran's Day and the Friday aher Thanksgiving.