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Council approves Oishi Ramen counteroffer: $7,000 monthly, five-year term with 2% annual increases
2893929 · April 8, 2025
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Summary
The council accepted a counteroffer from Oishi Ramen for the city-owned lease space, approving a five-year lease at $7,000 per month with 2% annual increases, and staff said property taxes were covered by the rent.
The Minot City Council unanimously approved a lease agreement with Oishi Ramen on April 7 after the restaurant submitted a counteroffer to the city’s proposed terms.
Acting Mayor Mark Janser confirmed council members were clear on the counteroffer:…
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