Item Description:
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Lease Agreement A2613440 with Isuroon for lease of space at 800 S. 10th St., Mpls, 05/01/26-04/30/29 ($20,000 first year rent)
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Resolution:
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BE IT RESOLVED, that the County Administrator be authorized to negotiate Lease Agreement A2613440 with Isuroon for lease of space at 800 10th Street South, Minneapolis, during the approximate period of May 1, 2026, through April 30, 2029, in the estimated receivable amount of $20,000 first year rent; that following review and approval by the County Attorney's Office, the Chair of the Board by authorized to sign the Lease Agreement on behalf of the county, and the Controller be authorized to accept and disburse funds as directed.
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Background:
Resolution 24-0283 authorized the acquisition of properties required for the Hennepin Healthcare replacement parking ramp project (CP 1010908, or "Project"). In 2025 the county acquired ownership of property located 800 10th Street South, Minneapolis ("Property"). The Property includes land necessary for the Project as well as an existing 2-story commercial building which will remain in place as a liner building ("Building"). The building is currently vacant and was previously occupied by North Central University.
A request for proposals for the lease of the building was issued in February of 2026. Following a competitive selection process, a proposal from Isuroon was selected. Isuroon is a Minnesota-based nonprofit corporation that serves women and families through a variety of social services and programs, including domestic violence advocacy, behavioral health services, parenting capacity support, food access, and maternal health programming. Isuroon will use the building to continue to provide and expand these services. In addition to first year annual rent in the estimated amount of $20,000, Isuroon will be responsible for all operating and maintenance costs for the building during the lease term as well as the cost of any tenant improvemen...
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