Notice of Property Disposition by Lease

Take Notice, that Council of the District of Sparwood will at the Regular Meeting on September 19, 2016 at 7:00 p.m. consider a resolution to authorize the disposition of Lot 1, DL 4589 Kootenay District, Plan NEP 60574 PID 023-956-402, known as 141B Aspen Drive by way of a Lease Agreement, for the period of December 2, 2016, up to and including November 30, 2021. The proposed lease will be granted to Michel-Natal-Sparwood Heritage Society for the operation of a Community Museum, for the sum of $1,676.67 in the first year, increasing by 2% annually for the term of the agreement totalling $102,859.08.  Lease payments shall be waived in accordance with the lease provided the lessee meets all the terms as set forth in the lease.

A copy of the lease and related documentation may be inspected at the District of Sparwood Municipal Office, 136 Spruce Avenue, Sparwood, BC during regular business hours of Monday to Friday, 8:30 am – 4:00 pm, excluding statutory holidays.

Michelle Martineau
Director of Corporate Services