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HomeMy WebLinkAboutTR-53-82 y,NOM'LED ,yD .NtS� Uq CORPORATION OF THE TOWN OF NEWCASTLE 40 TEMPERANCE STREET BOWMANVILLE, ONTARIO L1C3A6 TELEPHONE 623-3379 REPORT TO THE GENERAL PURPOSE AND ADMINISTRATION COMMITTEE MEETING HELD SEPTEMBER 27, 1982. TIR-53-82 SUBJECT: RENEWAL OF LEASE FOR THE COURT FACILITIES IN THE POLICE AND FIRE BUILDING RECOMMENDATION: It is respectfully recommended that: 1 . This report be received; and 2. The "Offer to Renew Lease" between Her Majesty the Queen and the Corporation of the Town of Newcastle be approved; and 3. The Clerk be authorized to draw a by-law to execute the "Offer to Renew the Lease" and said by-law be forwarded to Council . BACKGROUND AND COMMENT: The lease between the Corporation and Her Majesty the Queen (Ministry of Government Services) expires December 31 , 1982. The original lease agreement contains a renewal clause being Clause 18 to the agreement which states as follows: 18 a) if the tenant is not in default under this lease the landlord will at the expiration of the term grant a renewal for a further term of five years, at the same rental ; b) the tenant shall give notice to the landlord of her intention to renew this lease at least three months prior to the end of the term; and ,w � 5 , '(a) i - 2 - TR-53-82 c) The terms and conditions of this lease shall apply during the renewal term with the exception of this proviso for renewal . On September 2, 1982 the Ministry of Government Services notified the Corporation of its intention to renew the lease for a further five years. (letter attached) The "Offer to Renew the Lease" forms are attached to be executed by the signing officers of the Corporation. Respectfully submitted, Kathr n A. Campbell , C.A. , B. Com. , Treasurer KAC:bb R82-CF 2 07 09 82 Mario Ministry of Area code 416 Ferguson Block Government Telephone Queen's Park Services Toronto Ontario PROPERTY DEVELOPMENT DIVISION Leasing Section 13th Floor 965-4777 M7A 1N3 September 2, 1982 The Corporation of the Town of Newcastle 40 Temperance Street Bowmanville, Ontario L1C 3A6 Attention: Mrs. Kathryn Campbell, Treasurer Dear Mrs. Campbell: RE: Renewal of Lease Ministry of the Attorney General Provincial Court Church Street, Bowmanville Our File: L-1739 Further to our telephone conversation, enclosed please find 5 copies of the Offer to Renew the Lease on the above captioned property drawn in accordance with the provisos contained in said lease providing the privilege to renew for a 5 year period at the same rate, terms and conditions. Would you kindly execute and return the original and 3 copies for our continuance. Thank you for your co-operation. Sincerely yours, � . Tcc,� Herman J. Reuters Leasing Agent Encl. - THE CORPORATION OF THE TOWN OF NEWCASTLE BY-LAW 82-135 being a by-law to authorize the execution of an "Offer to Renew Lease" with Her Majesty the Queen The Council of the Corporation of the Town of Newcastle ENACTS AS FOLLOWS: _ 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 an "Offer to Renew Lease" between Her Majesty the Queen and the Corporation, dated the day of 1982, which is attached hereto as Schedule "A". READ A FIRST AND SECOND TIME this 4th day of October 1982 READ A THIRD AND FINAL TIME this 4th day of October 1982 G. B. Rickard,- Mayor D. W. Oakes Clerk i OFFER TO RENEW LEASE BETi4EEN HER MAJESTY THE QUEEN AND Name of Lessor: The Corporation of the Town of Newcastle Date of Existing Lease: January �, 1978 Address of Premises: 40 Temperance Street, Bowmanville File Number: L-1739 .�/WE The Corporation of the Town of Newcastle the undersigned, being Lessors of the above-noted accommodation, hereby offer to renew the said lease for a period of 5 Years from January 1, 1983 at a rental of $31,452.00 per annum, payable $2,621.00 monthly in advance. All other terms and conditions to remain the same, save and except the option to renew. Dated at Bowmanville this day of September 1982 Signature;/rte/.-,' Signature: C� ��C c'_ Address: r�c �r•�G