HomeMy WebLinkAboutCRPS-05-055 - Execution of Documents - Bridgeport & City Hall Daycares
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Report To:
Date of Meeting:
Submitted By:
Prepared By:
Ward(s) Involved:
Date of Report:
Report No.:
Subject:
Mayor C. Zehr and Members of Council
April 11, 2005
G. Sosnoski, General Manager of Corporate Services & City
Clerk
L. Proulx, Director of Facilities Management
April 6, 2005
CRPS-05-055
RECOMMENDATION:
Execution of Documents - Lease Agreements - Bridgeport &
City Hall Daycares
That the Mayor and Clerk be authorized to execute the draft lease agreements for the YW
Bridgeport Childcare Centre and YW Citykids Daycare as appended to Legal Services
correspondence dated March 22 and March 24, 2005 respectively.
BACKGROUND:
Staff met with Council in Caucus to obtain direction with respect to the lease agreements for the
above daycares. Council directed that the Bridgeport lease be extended by an amount
corresponding to an increase in the Consumer Price Index. They also requested additional
information on rates and financial statements with respect to the City Hall daycare.
REPORT:
Bridaeoort Davcare Lease
As Council directed, the proposed lease reflects the annual increase in C.P.I.
Citv Hall Davcare
Changes in the terms of the proposed lease primarily reflect the increase in the number of
children the daycare can accommodate as a result of a renovation in the leased premises. The
additional information regarding rates and financial statements will be circulated under separate
cover.
FINANCIAL IMPLICATIONS:
Copies of the draft leases will also be available separately
L. Proulx CET, CMM III
Director of Facilities Management