Free lease termination agreement 19Free lease termination agreement 19Free lease termination agreement 19
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LEASE CANCELLATION AND TERMINATION AGREEMENT
THIS LEASE CANCELLATION AND TERMINATION AGREEMENT
("Agreement") dated the day of October , 2017, by and between the CITY OF EDINA, a
Minnesota municipal corporation ("City"), and SNP ENTERPRISES, LLC, a Minnesota
limited liability company, for its own behalf and on behalf of all other persons or entities having
an interest as tenant under the Lease ("Tenant").
RECITALS:
WHEREAS, the City and Tenant entered into a Lease Agreement dated November 18,
2014, the "Lease" for approximately 2,068 square feet of restaurant space within the Braemar
Golf Course Clubhouse ("Leased Premises"); and
WHEREAS, differences arose between the parties regarding the Lease and the parties
were unable to negotiate a satisfactory amendment of the Lease to address their concerns;
WHEREAS, in lieu of the expense and time involved in litigation, the parties have
agreed to the resolution, compromise and settlement of all disputes, claims and controversies
among them by