Decision details

It is resolved that:

(A)        Council note the lease proposal information included in Confidential Attachment A to the subject report;

(B)        Council approve the granting of a new lease in accordance with the essential lease terms and conditions contained within Confidential Attachment B to the subject report; and

(C)        authority be delegated to the Chief Executive Officer to negotiate, execute and administer the terms of the lease, including in relation to the exercise of the option, in accordance with the essential terms and conditions contained within Confidential Attachment B to the subject report.

Carried unanimously.

X091647.002