City of Halstad Regular Meeting Minutes 2026-05-11
10-Year Landmark Lease Approved with Apprenticeship Committee
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Description
City of Halstad approved a 10-year lease of the Landmark property to the Sheet Metal Workers Consolidated Joint Apprenticeship & Training Committee of ND, with stepped annual leases starting at $12,000 and lessee covering electricity.
Contract Details
Contract Amount
$12,000 per year (years 1-5), increasing by $400 each year for years 6-10
Vendor
SHEET METAL WORKERS CONSOLIDATED JOINT APPRENTICESHIP & TRAINING COMMITTEE OF NORTH DAKOTA
Agency
City of Halstad, MN
Contract Type
FACILITIES
Document Date
May 11, 2026
Contract Term
10 years (year 1: $12,000; year 6: $12,400; year 7: $12,800; year 8: $13,200; year 9: $13,600; year 10: $14,000)
Renewal Date
2036-05-11
Renewal Info
10-year fixed-term lease; annual rent escalation in years 6-10; lessee pays utilities.
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Vendor
SHEET METAL WORKERS CONSOLIDATED JOINT APPRENTICESHIP & TRAINING COMMITTEE OF NORTH DAKOTA
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City of Halstad Regular Meeting Minutes 2026-05-11
City of Halstad Regular Meeting Minutes 2026-05-11
City of Halstad Regular Meeting Minutes 2026-05-11
City of Halstad Regular Meeting Minutes 2026-05-11
City of Halstad Regular Meeting Minutes 2026-05-11
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