HomeMy WebLinkAboutADMIN 19-86 TOWN OF NEWCASTLE
t REPORT File #
Res.
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�. By-Law #
MEETING: GENERAL PURPOSE AND ADMINISTRATION COMMITTEE
DATE: MARCH 3 1986
REPORT #: AnMTN_ 19 - 86 FILE #:
SUBJECT:
EXTENSION OF VISUAL ARTS CENTRE LEASE
RECOMMENDATIONS:
It is respectfully recommended that the General Purpose and
Administration Committee recommend to Council the following:
1 . That Administrator's report ADMIN. 19 - 86 be received;
2. That the request for lease extension be granted subject to the
Visual Arts Centre signing the attached lease and that the
Mayor and Clerk be authorized by by-law to sign the necessary
documents; and
3. That the Visual Arts Centre be advised of Council 's actions.
BACKGROUND AND COMMENT:
Staff received a request from the Visual Arts Centre with respect to
the extension of the term of their lease. Staff in conjunction with the
Visual Arts Centre have reviewed this matter together with the previous
lease. The proposed lease is identical to the previous lease save and
except for the first page. This lease has been altered to reflect the
increased term and to delete the obligation on the part of the Tenant
to provide fire insurance on the premises.
ADMIN. 19 - 86 -2-
In accordance with earlier Town-wide policy revisions the Town has
provided fire insurance to the property without charge for the
past number of years, as such, it is appropriate to delete this
requirement. The liability insurance that is carried by the Visual
Arts Centre is designed to cover their liability for activities
undertaken by the Arts Centre.
In addition, a minor amendment has been made to clarify the role that
the Visual Arts Centre of Newcastle will have with respect to the
maintenance of the structure.
The proposed changes have been discussed with the Visual Arts Centre
and they are in concurrence with the proposed revisions. The
extension of the lease to twenty-five years will permit the Visual Arts
Centre to be eligible for a number of senior government capital
improvement grants that otherwise would be unavailable.
Respectfully submitted,
DSJ:nof
David S. Johnston, M.C.I .P. ,
Chief Administrative Officer