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HomeMy WebLinkAboutCSD-07-047 - Authority for Execution of Lease Agreement with Oktoberfest Lions Club ) R Community Services Report To: Date of Meeting: Submitted By: Community Services Committee May 7, 2007 Prepared By: Denise Keelan, Interim Director Aquatics and Athletics (Ext. 2706) Denise Keelan, Interim Director Aquatics and Athletics (Ext. 2706) N/A Ward(s) Involved: Date of Report: Report No.: Subject: April 27, 2007 CSD-07-047 AUTHORITY FOR EXECUTION OF LEASE AGREEMENT WITH OKTOBERFEST LIONS CLUB RECOMMENDATION: That the Mayor and Clerk be authorized to execute an agreement with Oktoberfest Lions Club for the lease of the designated office space located at Lyle Hallman Pool, subject to the satisfaction of the City Solicitor. EXECUTIVE SUMMARY: N/A BACKGROUND: The Kitchener Oktoberfest Lions Club Inc has been the tenant of the office space at Lyle Hallman Pool premises since 1990. The office space was originally designated for club usage due to a donation of $130,000 towards the cost of the complex in 1990. The space is currently used for bi-monthly meetings of the club. The most recent agreement between the city and the club covered up to and included the year of 2006. With the expiration of such agreement staff is recommending this new agreement to cover the next five years. REPORT: The Kitchener Oktoberfest Lions Club is a non-profit organization that operates to assist the community with a range of services and projects. The Lions are known worldwide for working to end preventable blindness. Lions participate in a vast variety of projects important to their communities. These projects range from cleaning up local parks to providing supplies to victims of natural disasters. The new lease agreement will be for a five year term with a three year option to renew. The new lease agreement will contain provisions pertaining to the yearly charges for the use of the meeting space and the multi-purpose room at the facility. The club meets regularly the second and fourth Monday of each month with the exception of July and August. Report No: CSD-07-047 2 The new lease agreement will contain provisions pertaining to both parties' responsibilities at the location in terms of booking changes, cancellation notice, washroom and kitchen usage and all liabilities and city policies. FINANCIAL IMPLICATIONS: The agreed upon charges for the office use per year is $1 ,250.00 for 2007. The rate will increase by $50.00 in 2008 and again in 201 O. The revenue from this agreement will be used for facility room upgrades such as table and chair replacement. CONCLUSION: Staff recognizes that this agreement is beneficial to a worthy cause in our community. The suggested terms of the new agreement with Kitchener Oktoberfest Lions Club Inc., involve a reasonable room rental rate and allow for the provisions that assist the club to host special events. A new lease agreement between the City and The Kitchener Oktoberfest Lions Club Inc. is therefore advisable. Denise Keelan Interim Director, Aquatics and Athletics AP