IN CAMERA COUNCIL MEETING
MAY 17, 2011
DECISIONS AND REPORTS RELEASED
Access & Inclusion Awards 2011
THAT Council approve the following recipients for the 2011 Access & Inclusion Awards:
Developmental Disabilities Association ‘Organization’ Award
Learning Disabilities Association Vancouver ‘Organization Honourable Mention’ Award
Bruce Gilmour ‘Individual’ Award
Devon MacFarlane ‘Individual Honourable Mention’ Award.
The attached Administrative Report dated May 3, 2011, refers.
1090 Granville Street – Lease of City-owned Property to Mohammed Afshari
THAT Council authorize the Director of Real Estate Services to negotiate and execute a lease with Mohammed Afshari for the City-owned property situated at 1090 Granville Street, as shown in Appendix A of the Administrative Report dated May 2, 2011, entitled “1090 Granville Street – Lease of City-owned Property to Mohammed Afshari”, and legally described as PID: 017-288-959, Lot D Block 83 District Lot 541 Plan LMP169, subject to the following general terms and conditions:
Term: Five (5) years commencing September 1, 2011
Rent: Years 1-3: [ … ] per annum or [ … ] per month, inclusive of property taxes plus HST
Year 4: [ … ] per annum or [ … ] per month, inclusive of property taxes plus HST
Year 5: [ … ] per annum or [ … ] per month, inclusive of property taxes plus HSTOption to Renew: One additional term of five (5) years
Use: Grocery store
Rent Free Period: One (1) month gross rent
Other Terms The lease is to be provided on the City’s Standard
& Conditions: Commercial Lease drawn to the satisfaction of the Directors of Legal and Real Estate Services, it being noted that no legal rights or obligations shall arise or be created until the lease document is fully executed by both parties.Rent to be credited to the Property Endowment Fund.
The attached Administrative Report dated May 2, 2011, refers.
Lease of City-owned Property situated at 2780 East Broadway, Vancouver, specifically units 101 and 104, to Westcoast Family Centres Society
THAT Council authorize the Director of Real Estate Services to negotiate and execute two leases to Westcoast Family Centres Society:
I. For premises located at #101 – 2780 East Broadway, legally described as Part of Lot 2 South Half of Section 35, Town of Hastings Suburban Lands Plan 9744, on the following terms and conditions:
Address: #101 – 2780 East Broadway
Term: Five (5) years commencing June 1, 2011
Rent: [ … ] per annum ([ … ] per sq. ft.) [ … ] per month inclusive of property taxes as if levied, plus HST.
Use: Office Use and Social Service Centre
Other Terms and Conditions:
Such other terms and conditions of the lease to be drawn to the satisfaction of the Director of Legal Services and the Director of Real Estate Services it being noted that no legal rights or obligations shall arise or be created until the lease document is fully executed by both parties.Rent to be credited to the Property Endowment Fund.
AND:
II. For premises located at #104 – 2780 East Broadway, legally described as Part of Lot 2 South Half of Section 35, Town of Hastings Suburban Lands Plan 9744, on the following conditions:
Address: #104 – 2780 East Broadway
Term: Five (5) years commencing June 1, 2011
Rent: [ … ] per annum ([ … ] per sq. ft.) [ … ] per month inclusive of property taxes as if levied, plus HST.
Use: Office Use and Social Service Centre
Other Terms and Conditions:
Such other terms and conditions of the lease to be drawn to the satisfaction of the Director of Legal Services and the Director of Real Estate Services it being noted that no legal rights or obligations shall arise or be created until the lease document is fully executed by both parties.
Rent to be credited to the Property Endowment Fund.
The attached Administrative Report dated May 3, 2011, refers.
Sub-lease of City-owned property at 1002-1010 Main Street to False Creek Design Group Ltd.
THAT Council authorize the Director of Real Estate Services to negotiate and execute a sublease with False Creek Design Group Ltd. for the City-owned property situated at 1002 – 1010 Main Street, as shown in Appendix A of the Administrative Report dated May 3, 2011, entitled “Sub-lease of City-owned property at 1002-1010 Main Street to False Creek Design Group Ltd.”, and legally described as PID: 024-940-658, Parcel A Block 24 District Lot 196 Group 1 New Westminster District Plan LMP48728, subject to the following general terms and conditions:
Term: Five (5) years commencing August 1, 2011
Rent: [ … ] (gross) per annum or [ … ] (gross) per month, inclusive of property taxes as if levied, plus HST
Option to Renew: One additional term of five (5) years
Use: Office, an outright use
Rent Free Period: Two (2) months of net rent from June 1, 2011 to July 31, 2011
Tenant Improvement Allowance:
In 2008, Council approved a tenant improvement budget for this project in the amount of $320,000, plus GST. The City, as sub-landlord, has agreed to pay the tenant an allowance of $20.00 per square foot ($48,271) as partial consideration for the tenant improving the subject space. The balance of the tenant improvement allowance will be held and available for future works as needed.Other Terms and Conditions:
Such other terms and conditions of the lease are to be drawn to the satisfaction of the Directors of Legal and Real Estate Services, it being noted that no legal rights or obligations shall arise or be created until the lease document is fully executed by both parties.Rent to be credited to the Property Endowment Fund.
The attached Administrative Report dated May 3, 2011, refers.
Sub-lease of City-owned property situated at 515 Abbott Street to 0883916 BC Ltd.
THAT Council authorize the Director of Real Estate Services to negotiate and execute a sub-lease to 0883916 BC Ltd. (dba Rasoee Restaurant) for the City-owned property situated at 515 Abbott Street, legally known as PID#016-560-248, Lot 192 False Creek Plan 23011, on the following general terms and conditions:
Term: Ten (10) years commencing November 1, 2011.
Area: Rentable area of 926 square feet.
Rent: Rent, inclusive of an amount in lieu of property taxes and operating costs, is set as follows:
Years 1-2: [ … ] per annum ([ … ] psf) or [ … ] per month, plus HST.
Years 3-5: [ … ] per annum ([ … ] psf) or [ … ] per month, plus HST.
Years 6-8: [ … ] per annum ([ … ] psf) or [ … ] per month, plus HST.
Years 9-10: [ … ] per annum ([ … ] psf) or [ … ] per month, plus HST.The gross rent set out above includes operating costs and property taxes, which are initially set at $12.00 psf. The operating costs and property taxes will be reviewed for years 6 to 10. In the event that the operating costs and property taxes exceed $12.00 psf, the gross rent will be increased accordingly. In the event the operating costs and property taxes are less than $12.00 psf, the gross rent will remain unchanged.
Free Rent:
The tenant will receive two months gross free rent ([ … ]) following the Fixturing period as a tenant inducement.Fixturing Period:
The tenant will have three months gross free rent ([ … ]) to install tenant improvements and fixtures.Improvement Allowance:
In 2008, Council approved a tenant improvement budget for this project in the amount of $740,000 plus GST. The City, as landlord, has agreed to pay the tenant an Improvement Allowance of twenty-five ($25.00) psf ($23,150.00) plus HST, as partial consideration for the tenant improving the subject space. The balance of the allowance will be held and available for the future works of the other commercial units as needed.Option to Renew:
Two - five (5) year options to renew on the same terms and conditions save and except rent, which is to be negotiated at adjusted to current market rates.Uses:
The premises are to be used for quick service casual Indian restaurant with takeout service.Parking:
The gross rent will include one (1) parking stall for the exclusive use of the tenant at no additional charge.Real Estate Commission:
Landlord will pay a Real Estate commission of $7,253.67 plus HST upon execution of the Lease Agreement.Other Terms:
The Lease is be provided on the City’s Standard Lease Agreement, drawn to the satisfaction of the Directors of Legal and Real Estate Services, it being noted that no legal right or obligation is created and none shall arise until the Lease document is fully executed by both parties.All rents to be credited to the PEF.
The attached Administrative Report dated May 3, 2011, refers.
Acquisition of Property by Expropriation for Left Turn Bays on Knight Street at 57th Avenue - 7248 Knight Street
THAT Council authorize the City as an expropriating authority to commence expropriation proceedings pursuant to the Provincial Expropriation Act to acquire the following interest in property for the construction of left turn bays on Knight Street at 57th Avenue:
That 31.2 square metre (336 sq. ft.) portion of lands located at 7248 Knight Street, legally described as Parcel Identifier 014-325-632 Lot 46, Except the West 7 Feet, Now Road, Blocks 29 To 31, District Lot 200 Plan 1770 shown in bold outline on the Reference Plan prepared by James E Gregson B.C.L.S., completed on April 4, 2011, and marginally numbered LD5089. The source of funding to be paid to the owners of 7248 Knight Street on expropriation and for legal and professional fees, retaining walls and associated works estimated to be s.17(1) will be provided from 2010 Streets Capital Budget for Arterial improvements, Knight & 57th Left Turn Bays.
The Report dated May 10, 2011 , refers.
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