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HomeMy WebLinkAboutFCS-16-192 - P16-091 Lease - City Hall Retail Unit (220 King Street West) REPORT TO: Finance and Corporate Services Committee DATE OF MEETING: 2017-01-09 SUBMITTED BY: Michelle Palmer, Director of Supply Services 519-741-2200 ext. 7214 PREPARED BY: Michelle Palmer, Director of Supply Services 519-741-2200 ext. 7214 WARD(S) INVOLVED: Ward 10 DATE OF REPORT: 2016-12-15 REPORT NO.: FCS-16-192 SUBJECT: P16-091 Lease – City Hall Retail Unit (220 King Street West) ___________________________________________________________________________ RECOMMENDATION: That the Mayor and Clerk be authorized to execute a lease agreement for Proposal P16-091 Lease – City Hall Retail Unit (220 King Street West), with Open Sesame: Art, Books and Objects, for a three year term,with an option to renew for an additional two years, subject to the satisfaction of the City Solicitor. BACKGROUND: In 2015, the City entered into a 12 month lease agreement for the ground floor retail unit at Kitchener City Hall (220 King Street West). The lease expired at the end of October 2016 and Council approved entering into a lease on a month to month basis until a request for proposal process could be completed to identify a long term tenant for the space. The retail unit is uniquely located on Carl Zehr Square, in the heart of Downtown Kitchener. As a result, the unit has tremendous exposure to pedestrian traffic, vehicular traffic, City Hall users, special event attendees and various telecasts. At the center of Downtown Kitchener, the retail unit is surrounded by one of the Region’s largest concentration of workers. The proposed operation will complement the community nature of Carl Zehr Square and the architecture and high quality design of City Hall. REPORT: This Proposal was advertised publicly on the City of Kitchener website and the Internet through the Ontario Public Buyers Electronic Tendering Information System. Proposal *** This information is available in accessible formats upon request. *** Please call 519-741-2345 or TTY 1-866-969-9994 for assistance. 3 - 1 documents were downloaded by seven (7) interested parties and by the closing date of October 3, 2016, three (3) proposals had been received. The proposals were reviewed by C. Bluhm, Interim Executive Director Economic Development, L. Stewart, Interim Director Facilities Management, B. Bennett, Manager Business Development, M. Grau, Downtown Business Development Officer, and M. Palmer, Director Supply Services, who concur with the above recommendation. The following proposals were received: Open Sesame: Art, Books and Objects Kitchener, ON* R’Chyees Frozen Yogurt Kitchener, ON Freshii Kitchener, ON The proposals were rated on the following criteria: proposed use and compatibility demonstrated understanding and approach operational capability revenue to the City ALIGNMENT WITH CITY OF KITCHENER STRATEGIC PLAN: The recommendation of this report supports the achievement of the city’s strategic vision through the delivery of core service. FINANCIAL IMPLICATIONS: The proposed lease represents a fair market value and is consistent with 2017 budget projections. COMMUNITY ENGAGEMENT: INFORM – This report has been posted to the City’s website with the agenda in advance of the council / committee meeting. PREVIOUS CONSIDERATION OF THIS MATTER: CAO-16-028 – 220 King Street West ACKNOWLEDGED BY: Dan Chapman, Deputy CAO & City Treasurer, Finance and Corporate Services 3 - 2