Lease of City-owned Property at 1670 Main Street to Kal Tire Distributors Ltd.

THAT Council approve a lease to Kal Tire Distributors Ltd. for the premises situated at 1670 Main Street legally described as Lot A (Reference Plan 2959) and Lots 1 and 2, all of Block 3, District Lot 200A and Block A2, District Lot 2037, Plan 5703, on the following terms and conditions:

Term: Five (5) years commencing January 1, 2009.

Rent: [ … ]; plus

Annual property taxes as if levied and applicable taxes.

Use: automotive oriented, tire distribution premises, with ancillary parking

Renewal
Option: There shall be no option to renew.

Cancellation: The Landlord or Tenant may terminate the lease upon providing one (1) year written notice of cancellation.

Funding to be credited to the Property Endowment Fund.

The relevant report remains sensitive and cannot be released.

Collection of Recyclable Materials from Multi-Family Buildings

A. THAT staff proceed with recommending to Council that a contract to Waste Management of Canada be awarded for the collection of recyclable materials from multi-family buildings in contracted areas (Area I, II, III) for a period of five (5) years as proposed by Waste Management of Canada in October 2008.

B. THAT the City and CUPE 1004 jointly pursue options for improving recycling program operational efficiencies for existing areas of Vancouver serviced by City forces.

The relevant report remains sensitive and cannot be released.

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Where these brackets [ … ] appear, information remains sensitive and cannot be released.