In-camera Council meeting released decisions and reports
June 13, 2017
Updated: May 20, 2022
Proposed Renewal of Lease with Cinema Public House Ltd. for City-Owned Premises at 901 Granville Street
THAT Council authorize the Director of Real Estate Services to negotiate and execute a lease renewal (the “Lease”) with Cinema Public House Ltd., formerly known as 0851050 BC Ltd. (the “Tenant”) for City-owned premises situated at 901 Granville Street on property legally described as PID: 012-849-243, 012-849-235, Lot 37 & 38, Block 72, Block 72, DL 541, Plan 210 (the “Subject Property”) on the following terms and conditions:
Term: Five (5) Years, commencing April 1, 2018
Option to Renew: One – Five (5) Year Renewal Term
Lease Area: Approximately 3,584 square feet (the “Premises”).
Total Rent:
Year 1: s.17(1) per annum (s.17(1)) plus GST Year 2: s.17(1) per annum (s.17(1)) plus GST Year 3: s.17(1) per annum (s.17(1)) plus GST Year 4: s.17(1) per annum (s.17(1)) plus GST Year 5: s.17(1) per annum (s.17(1)) plus GST Rent is inclusive of building insurance.
Tenant Inducements:
Cash Allowances - s.17(1)
Rental Allowances - s.17(1)
Use: Restaurant and Pub with a maximum capacity of fifty (50) Liquor Primary seats and 92 Food Primary seats.
Early Termination: N/AOther Terms: The Lease is to be provided on the City’s current standard form of lease for commercial tenants. 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 right or obligation shall arise until the Lease is fully executed by both parties. The Tenant is responsible for the costs of regular service, maintenance, repair and replacement of the HVAC units that exclusively serve the Premises.
All rents to be credited to the Property Endowment Fund (PEF).
The Report dated May 16, 2017, refers 
David Lloyd George School-Childcare Project: Project and Funding Approval, Lease Authorization
A. THAT the General Manager of Real Estate and Facilities Management and the Director of Legal Services be authorized (on behalf of the City) to negotiate lease or ownership arrangements, a development management agreement and all related legal agreements for the David Lloyd George School Childcare centre and related space with the Board of Education of School District No. 39 (the “VBE”), all on terms and conditions satisfactory to the General Managers of Real Estate and Facilities Management and Community Services and the Director of Legal Services, and as more particularly described below in this Report.
B. THAT subject to approval of A above, Council approve a multi-year project budget of up to $8.5 million for the David Lloyd George School Childcare centre with funding from the following sources:
• $2,045,425 in cash contributions collected for amenities from Density Bonus Zoning in Marpole; and
• up to $6,454,575 in cash Community Amenity Contributions allocated to community facilities and/or childcare:? $2,462,204 from the rezoning of 375 W. 59th Avenue in 2015;
? $1,303,280 from the rezoning of 6929-6969 Cambie Street in 2015;
? $757,350 from the rezoning of 7638-7664 Cambie Street in 2016;
? $740,000 from the rezoning of 7510-7554 Cambie Street in 2015;
? $643,702 from the rezoning of 6729-6769 Cambie Street in 2015; and
? $548,039 from the rezoning of 7807 Cambie Street in 2016.
Expenditures will be managed within the current overall approved Annual Capital Expenditure Budget.
C. THAT the General Manager of Real Estate and Facilities Management be authorized to execute and deliver on behalf of the City the legal agreements agreed upon to reflect the lease or ownership arrangements, and the Director of Legal Services be authorized to execute and deliver on behalf of the City all other legal documents required to implement A above.
D. THAT no legal rights or obligations will be created by Council's adoption of A, B and C above, unless and until all required legal documents are executed and delivered by the General Manager of Real Estate and Facilities Management or the Director of Legal Services, as applicable.
The Report dated June 9, 2017 , refers.
3175 Riverwalk Avenue (Parcel 8A) Operator Selection & Lease Terms
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