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Cat #79/531.01 86 Lease of Space - Parkland Place Consolidation Adopted Res.  

1.     All of the upper floor area of Parkland Place will be available for lease for the following purpose:

 a)  Offices

b)  Personal and Professional Services

c)  Public and Quasi-Public Uses

                                                                                   (R86250)

 

1A.    With the exception of the area's used by the library and the  840S.F. used by the Town for storage in the basement the balance of the floor area of Parkland Place basement floor will be available for lease.

                                                                                   (R87005)

 

2.     The term of a lease shall be for a period of up to five (5) years with renewal at the option of the Town.

                                                                                   (R86250)

 

3.     Because the Parkland Place building was acquired to accommodate future civic and cultural needs, preference will be given to these uses. The Town reserves the right to deny any lease application or any renewal of a lease for the forementioned reasons.

                                                                                   (R86250)

 

4.     The Town will provide the following improvements at an annual cost of $6.50 per square foot plus triple net cost recovery.

 

a)     Doors will be hollow core type (unless otherwise required for fire regulations) and one (1) set of keys will be provided for the front door and office door.

 

b)     Standard lighting consisting of fluorescent lamps will be provided (any special lighting required by a lessee, must be provided by the lessee).

 

c)     All floors will be covered with a rug of the same quality as presently used in other offices in the Parkland Place complex.

 

d)     All internal and perimeter walls and all ceilings will be completed with prefinished gyproc and white ceiling tiles respectively (any additional finish will be the responsibility of the Lessee).

 

 

e)     Electrical outlets will be provided, based on one per every ten (10) feet, except for any outside walls.

                                                                                   (R86250)

 

5.     The Town may lease if agreeable by both the lessor and the lessee those areas as described in 1A  on a "As is basis at $3.50/sq. ft. plus operating costs recovery.

                                                                                   (R87055)

 

6.     Each lessee shall enter into a lease agreement similar in form to that contained in Appendix A attached hereto.

                                                                                   (R86250)

 

7.     The Town Manager may approve an application for lease or renewal provided the terms of the policy and the lease agreement are satisfied.

                                                                                   (R86250)

 

 

 

_____________________                                                          (082592)

Mayor

 

 

 

_____________________

Town Manager

             

 
 
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