Sponsor: Property Management
Title
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Eighth Amendment to Office and Warehouse Space Lease Agreement with State of Minnesota Explore Minnesota Tourism for Lease Space in the Ramsey County Government Center
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Recommendation
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1. Approve the eighth amendment to the lease agreement with state of Minnesota Explore Minnesota Tourism, 121 7th Place East, Suite 360, Saint Paul, MN 55101, to extend the lease for the period of August 1, 2027 through July 31, 2030, in the amount of $678,339.
2. Authorize the Chair and Chief Clerk to execute the lease amendment.
3. Authorize the County Manager to execute future amendments to the lease agreement that do not have a financial impact.
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Background and Rationale
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The state of Minnesota, Explore Minnesota Tourism has leased office space of 9,804 square feet at its current location in the Ramsey County Government Center, suite 360, since 2004.
The most current lease is set to expire July 31, 2027. Explore Minnesota Tourism has requested a lease extension and Ramsey County Property Management endorses the 36-month proposal.
Property Management recommends approval of the lease renewal amendment with Explore Minnesota Tourism for the term of August 1, 2027 through July 31, 2030 at the rates negotiated.
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County Goals (Check those advanced by Action)
☐ Well-being ☐ Prosperity ☐ Opportunity ☒ Accountability
Racial Equity Impact
The racial equity impact of this lease amendment is unknown.
Community Participation Level and Impact
There is no community engagement for this lease amendment.
☒ Inform ☐ Consult ☐ Involve ☐ Collaborate ☐ Empower
Fiscal Impact
The terms of the lease amendment include the following monthly rent amounts for three years of the amendment period. Rental income will be included in the annual Property Management operating budget.
August 1, 2027 to July 31, 2028: $18,472 per month
August 1, 2028 to July 31, 2029: $18,840 per month
August 1, 2029 to July 31, 2030: $19,216 per month
Last Previous Action
On January 28, 2025, The Ramsey County Board of Commissioners approved the seventh lease amendment with The State of Minnesota, Explore Minnesota Tourism for office space in the Ramsey County Government Center (previously known as Metro Square) (Resolution B2025-027).
Attachments
1. Eighth Amendment to Lease Agreement