HomeMy WebLinkAboutTR-73-88 13 ,W)
TOWN OF NEWCASTLE
REPORT
File #
JY Res.
By-Law #
MEETING: GENERAL PURPOSE AND ADMINISTRATION COMMITTEE
DATE: September 19, 1988
REPORT #: . TR-73-88 FILE #:
SUBJECT: LEASE AGREEMENT
247 KING STREET EAST
NEWCASTLE, ONTARIO
RECOMMENDATIONS:
It is respectfully recommended that the General Purpose and Administration
Committee recommend to Council the following:
1. That this report be received; and
2. That the attached By-Law be passed, authorizing the Mayor and the
Clerk to sign a rental agreement with Claude Miller; and
3. That Claude Miller be advised of Council's actions.
BACKGROUND AND COMMENT:
Claude Miller currently leases the apartment at 247 King Street East, Newcastle
(above Fire Hall) , at a monthly rate of $382.20.
Staff have reviewed the cost of operating the building, relative to rental fees
received. An approximate five percent (50) increase in the monthly rental from
$382.20 to $401.00 was suggested to Mr. C. Miller. As in prior years, a one
(1) year lease is proposed. Staff have been advised that the proposed rental
rate of $401.00 per month is acceptable and postdated cheques for the term of
the agreement have been received.
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TR-73-88
LEASE AGREEMENT
247 KING STREET EAST
NEWCASTLE, ONTARIO
The current lease expired September 1, 1988 and staff respectively recommends
that the proposed rental agreement be accepted, effective September 1, 1988.
A copy of the proposed lease is attached, marked Schedule "B".
Respectfully submitted, Recommended for presentation
to the Committee,
l � '
'7.R. Blanchard, wrence E Kotseff,
Treasurer. Chief istrative Officer.
F
Aldrid e,
re Chief.
LAB/hjm
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