Monday, December 29, 2008

City Assists Haven Society

CITY TO PROVIDE HAVEN SOCIETY
$942,000 ASSISTANCE BY WAY OF LEASE


Public notice is hereby given that the City of Nanaimo intends to dispose of a leasehold interest in Municipal property legally described as Part of PID: 003-192-121, Part of Lot A of Section 20, Range 7, Mountain District, Plan 2299 shown outlined in red on Plan 1823-R to the Haven Society: Promoting The Safety of Women, Children, Youth and Families. The term of the lease is sixty (60) years, commencing 2009-January-01.

The fair market value for a lease of the land for the Term is estimated to be Nine Hundred and Forty Two Thousand Dollars ($942,000), being the equivalent of 720 monthly payments of One Thousand Three Hundred and Eight Dollars and Thirty-Three Cents ($1,308.33).

Public notice is hereby given that the City of Nanaimo intends to provide assistance to the Haven Society: Promoting The Safety of Women, Children, Youth and Families by way of a rent abatement.:
The lease rent payable for the sixty (60) year term is One Dollar ($1.00). The total assistance to be provided to the Haven Society: Promoting The Safety of Women, Children, Youth and Families by way of a rent abatement for the Term, is approximately Nine Hundred and Forty Two Thousand Dollars ($942,000), being the equivalent of 720 monthly payments of One Thousand Three Hundred and Eight Dollars and Thirty-Three Cents ($1,308.33).

A copy of the lease is available for inspection during regular office hours from 8:30 a.m. to 4:30 p.m., Monday to Friday (excluding statutory holidays) at the offices of the City of Nanaimo, 455 Wallace Street, Nanaimo, BC V9R 5J6,

allvoices

No comments:

Post a Comment

Your comment will appear after moderation before publishing,

Thank you for your comments.Any comment that could be considered slanderous or includes unacceptable language will be removed.

Thank you for participating and making your opinions known.