Wednesday, October 7, 2009

Lease Agreement Signed.

The city of International Falls has finalized its portion of a lease for the development of new headquarters for staff at Voyageurs National Park.

The financial details of the 203-page agreement with the federal government won't be released until its signed by the U.S. General Services Administration, but does take into account more than 40-thousand rentable square feet on the nearly 10-acre site along the Rainy River.

It also calls for the city to own the building which will be paid for through lease payments.