05-2002MgmtBoardOfficeLease - Laserfiche WebLink

Home Browse Search

WHOLE BUILDING LEASE File No. M 50049 THIS LEASE is made in quadruplicate as of the 18th day of September, 2001. BETWEEN: HER MAJESTY THE QUEEN in right of Ontario as represented by the Chair of the Management Board of Cabinet AND: hereinafter called the "Landlord" The Corporation of the County of Essex hereinafter called the "Tenant" Pursuant to a License Agreement No 50049 dated January 1, 2001 Her Majesty The Queen in right of Ontario as represented by the Chair of the Management Board of Cabinet, as Licensor, permitted The Corporation of the County of Essex, as Licensee, to occupy the building at 285 McDougal Street, Windsor for a term of three (3) months from January 1, 2001 to March 31, 2001. AND WHEREAS under the said Agreement the Licensee continued to occupy the premises and the parties agreed to change the tenancy from a License to a Lease effective April 1, 2001 under the following terms and conditions: ARTICLE I - LEASE SUMMARY 1.01 Lease Summary The following is a summary of some of the basic terms of this Lease, which are elaborated upon in the balance of this Lease. (a) Premises: the entire Building and the Lands, and including all Improvements. (b) Rentable Area of the Premises: approximately 1529 square feet, to be confirmed, at the option of the Landlord, by an Architect's certificate provided in accordance with Section 4.02 hereof. (c) Building: having the municipal address of 285 McDougal Street, Windsor, Ontario as per Schedule "A" attached hereto. (d) Term: The Term is for Two (2) years. (e) Commencement Date: The Commencement Date is April 1, 2001. (f) Expiry Date: The Expiry Date is March 31, 2003. (g) Rent: Annual Rent of Seventeen Thousand, Six Hundred and Seventy Five Dollars and Twenty Eight ($17,675.28) ( the "Annual Rent "), payable in advance in equal monthly instalments of One Thousand, Four Hundred and Seventy Two Dollars and Ninety Four Cents ( $1,472.94), plus GST and is based on an annual rental charge of Eleven Dollars and Fifty Six Cents ($11.56) for each square foot of the Rentable area of the Premises, and comprises of $7.00 as Net Rent, $3.82 as Pils (Payment In- Lieu of Taxes) and $0.74 as Management Fee. Pils and Management Fee represent costs for the year 2001 and are subject to adjustment. (h) Use of the Premises permitted by this Lease: The operation of a land ambulance base and uses ancillary thereto. (i) Renewal Option: One (1) term of Two (2) years, exercisable upon six (6) months' written notice to the Landlord. -1-