NOTICE: Alternative Approval Process for Lease Agreement with School District No. 5

NOTICE IS HEREBY GIVEN THAT under sections 86 (Alternate Approval Process) and 175 (Liabilities under Agreements) of the Community Charter the Council of the District of Sparwood intends to enter into a 10-year lease agreement, at an annual rental rate of $10.00 plus tax, with School District No. 5 for the lands located at 1351 Ponderosa Drive for the development of a multi-purpose outdoor sports facility. The lands to be included in the lease area are as shown as the Proposed Lease Area in the notice.

Electors who are opposed to the 10-Year Lease Agreement with School District No. 5 are asked to complete an Elector Response Form and submit it to the District of Sparwood by 4:00 pm (local time) on Tuesday, August 15, 2017. If less than 10% (305) of municipal electors submit an Elector Response Form, the 10-year lease with School District No. 5 will be deemed to have approval of the electors and the proposed (draft) lease may proceed to the August 21, 2017 regular meeting of Council for consideration.

For more information on the alternate approval process, contact Michelle Martineau, Director of Corporate Services at / 250.425.6812, or the lease agreement, contact Duane Lawrence, Director of Community and Facility Services at / 250.425.6821.