HomeMy WebLinkAboutCAO-10-033 - Andrin Lease - 158 KingREPORT TO:
DATE OF MEETING:
SUBMITTED BY:
PREPARED BY:
WARD(S) INVOLVED:
DATE OF REPORT:
REPORT NO.:
SUBJECT:
RECOMMENDATION:
Council Committee of the Whole
September 7, 2010
Rod Regier
Rod Regier
All
September 2, 2010
CAO -10 -033
156/158 KING
REPORT
That the Mayor and Clerk be authorized to execute a short -term lease with Andrin Investments
Limited, satisfactory to the City Solicitor, to lease 158 King Street West, and
That the Mayor and Clerk be authorized to execute an amendment to the current lease with the
University of Waterloo Department of Fine Arts to allow the temporary relocation of the Artery
Gallery from 158 King to 156 King Street.
BACKGROUND:
Andrin requires a temporary space to accommodate their activities during the construction of the
Sales Office and Model Suites due to be completed November 30, 2010. A portion of the
existing space located at 158 King is ideally suited to these activities. The UW Artery Gallery
which currently occupies 158 King has agreed to relocate to 156 King for the months of October
and November. They will be able to continue their fall gallery program from that location.
Andrin will be required to pay utility costs and a commercial monthly lease of $1000.
FINANCIAL IMPLICATIONS:
The City of Kitchener will receive $2500 which will accrue to the Centre Block account.
ACKNOWLEDGED BY: Rod Regier