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HomeMy WebLinkAboutCOD-007-16 Oaringtw Corporate Services Report If this information is required in an alternate accessible format, please contact the Municipal Clerk at 905-623-3379 ext. 2102. Report To: General Government Committee Date of Meeting: May 9, 2016 Report Number: COD-007-16 Resolution: File Number: By-law Number: Report Subject: VISUAL ARTS CENTRE LEASE RENEWAL Recommendations: It is respectfully recommended that the General Government Committee recommend to Council the following: 1. That Report COD-007-16 be received; 2. That approval be granted for the Municipality to renew the lease agreement with the Visual Arts in a form acceptable to the Municipal Solicitor in an amount of$2.00 per year for a ten (10) year period commencing on May 12th, 2016 to May 11th, 2026; 3. That the Purchasing Manager be authorized to extend this 10 lease agreement for up to two additional five (5) year terms; and 4. That the Mayor and the Clerk be authorized to execute the necessary agreements. Municipality of Clarington Report COD-007-16 Page 2 Report Overview Renewal of Lease agreement with the Visual Arts Centre. 1 . Background The Municipality has had a lease agreement with the Visual Arts Centre since 1986 for an annual fee of $1.00. The twenty-five (25) year lease was slated to expire in 2011 and in 2004 Council approved an extension to the lease agreement with a revised expiry date of May 12, 2016. Council also requested that the insurance clause in the lease agreement be amended to reflect the current municipal standard and practice. This new expiry date came as a result of the Visual Arts Centre requesting an extension to the agreement in order to be eligible for funding from foundations and other granting agencies as most granting agencies require that there be at least a ten (10) year lease agreement in place. During this time the Visual Arts Centre has been utilizing the surrounding outdoor space mainly as a result of improvement initiatives implemented by the Bowmanville Rotary Club which includes a new interlocking paver display and performance space with a pre-cast concrete seating area surrounding it. This creation of an outdoor display space at the Visual Arts Centre has helped in promoting the creation, display and appreciation of visual arts in the Municipality of Clarington. 2. Analysis With the existing agreement expiring in May 2016, staff met with the Visual Arts Centre representative who agreed with a recommendation, subject to Council's approval, to renew the exiting lease agreement by an additional ten (10) year for an annual fee of$2.00 with an option to renew for two additional five (5) year terms. 3. Financial and Budget Considerations The financial implications of this lease are not significant with the Municipality receiving the required $2.00 per year. 4. Concurrence This report has been reviewed by Nancy Taylor, Director of Finance/Treasurer, Fred Horvath, Director of Operations and Andrew Allison, Municipal Solicitor who concur with the recommendation. i Municipality of Clarington Report COD-007-16 Page 3 5. Conclusion II It is respectfully recommended that approval be granted for the Municipality to renew the lease agreement with the Visual Arts Centre in a form acceptable to the Municipal Solicitor for a ten (10) year period for an annual fee of $2.00 with an option to renew for two additional five (5) year terms. 6. Strategic Plan Application The recommendations contained in this report conform to the strategic plan. } Submitted by: Reviewed by: �__� � �'-c( — , - rie Marano, H.B. Sc., C.M.O. Franklin Wu, Director of Corporate Services Chief Administrative Officer Staff Contact: David Ferguson, Purchasing Manager, 905.623.3379 Ext 2209 or dferguson@clarington.net List of interested parties to be notified of Council's decision is on file in the Corporate Services Department. MM/DF