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HomeMy WebLinkAboutTR-72-83 yil5 LEDE, CORPORATION OF THE TOWN OF NEWCASTLE 40 TEMPERANCE STREET BOWMANVILLE, ONTARIO L1C3A6 TELEPHONE 623-3379 REPORT TO GENERAL PURPOSE AND ADMINISTRATION COMMITTEE MEETING HELD OCTOBER 3, 1983 TR - 83 - 72 SUBJECT: LEASE AGREEMENT: HARRY LOCKE RECOMMENDATION: It is respectfully recommended: 1 . that this report be received; and 2. that the Mayor and Clerk are hereby authorized to execute on behalf of the Corporation of the Town of Newcastle and seal with the Corporation seal,�a lease agreement9between Harry Locke and the Corporation for the property situated at the southwest corner of Martin Road and Highway 2 (Parks and Recreation Depot) and 3. that the attached by-law be forwarded to Council for approval . BACKGROUND AND COMMENT An offer to lease submitted by Harry Locke for the Parks and Cemeteries facility in Bowmanville was received for review by the Town of Newcastle: The previous lease expired on June 30, 1983 , with a monthly rate of $700 per month. The negotiated lease specifies a rate of $735 per month for the first year and $770 per month for the second year. The Town also has the option to negotiate a further one or two year term immediately after the expiration date of June 30, 1985. Staff recommends to Council to accept the conditions as negotiated. Respectfully submitted, W w d 6W_ Kathryn A. Campbell , C.A. , B. Comm. Treasurer T.A. Fanning lb Director of Community Services �d3` F