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HomeMy WebLinkAbout16 133 Matrix North American Construction Ltd. lease agreement (2016) Amendment By-law THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE KBT� iA. , • ' �� 0 ALIiY0F K10 BY -LAW NO. 2016 - 133 BEING A BY -LAW TO AMEND BY -LAW NO. 2016 -065; BEING A BY -LAW TO AUTHORIZE THE SIGNING OF A LEASE AGREEMENT WITH MATRIX NORTH AMERICAN CONSTRUCTION LTD. FOR RENTAL SPACE IN THE MUNICIPAL ADMINISTRATION CENTRE WHEREAS Section 8 (1) and 9 of the Municipal Act, 2001, S.O. 2001, c. 25, as • amended, provide that the powers of a municipality under this or any other Act shall be interpreted broadly so as to confer broad authority on the municipality to enable the municipality to govern its affairs as it considers appropriate and to enhance the municipality's ability to respond to municipal issues and has the capacity, rights, powers and privileges of a natural person for the purpose of exercising its authority under this or any other Act; AND WHEREAS the Council of the Corporation of the Municipality of Kincardine, with the passage of By -law No. 2016 -065, Matrix North American Construction, Ltd. Lease Agreement (2016) By -law, entered into a lease agreement with Matrix North America Construction Ltd. for rental space at the Municipal Administration Centre; AND WHEREAS Matrix North American Construction Ltd. has requested to amend By -law No. 2016 -065 to increase the rental space by 208.5 sq /ft for a total of 619.25 sq /ft; AND WHEREAS the Council of The Corporation of the Municipality of Kincardine deems it advisable to enter into an amendment to the lease agreement with • Matrix North American Construction Ltd.; NOW THEREFORE the Council of The Corporation of the Municipality of Kincardine ENACTS as follows: 1. That The Corporation of the Municipality of Kincardine enter into an amendment to the lease agreement with Matrix North American Construction, Ltd., for the rental of commercial office space at the Municipal Administration Centre, 1475 Concession 5, Municipality of Kincardine in consideration of rents, covenants and obligations. 2. That the Mayor and Chief Administrative Officer be authorized and directed to execute, on behalf of The Corporation of the Municipality of Kincardine, the amendment to the Lease Agreement with Matrix North American Construction, Ltd., attached to this by -law as Schedule 'A'. 3. That this by -law shall come into full force and effect upon its final passage. • Page 2 Matrix North American Construction, Ltd. Lease Agreement (2016) Amendment By -Iaw By -law No. 2016 - 133 • 4. That this by -Iaw may be cited as the "Matrix North American Construction, Ltd. Lease Agreement (2016) Amendment By-law". READ a FIRST and SECOND TIME this 7h day of December, 2016. READ a THIRD TIME and FINALLY PASSED this 7th day of December, 2016. Mayor Clerk • • This is Schedule "A ►► to 13y-I4 Al .4 No.2OXo 033 passed the 'r1 da This ADDENDUM made THIS 1 day of D ce€(2016 of Cyr � 201 b IN PURSUANCE OF THE SHORT FORMS OF LEASES ACT. BETWEEN: THE CORPORTION OF THE MUNICIPALITY OF KINCARDINE (hereinafter called the "Landlord ") OF THE FIRST PART - and — MATRIX NORTH AMERICAN CONSTRUCTION, LTD. (hereinafter called the "Tenant ") OF THE SECOND PART WHEREAS the Council of the Corporation of the Municipality of Kincardine, with the passage of By -Law No. 2016 -065, signed a lease agreement with Matrix North America Construction Ltd. for rental space in the Municipal Administrative Office; AND WHEREAS the Tenant has requested to increase the rental space by 208.5 sq /ft for a total of 619.25 sq /ft. AND WHEREAS both parties agree to the increase. NOW THEREFORE THIS ADDENDUM WITNESSETH THAT the parties hereto agree as follows: 1. That Section 2 (b) be removed and replaced with the following: (Renewal rate = $14.95 per square foot x 619.25 square feet) The tenant covenants to pay the Landlord, during the Term of this Lease monthly rent installments of SEVEN HUNDRED, SEVENTY ONE DOLLARS AND FOURTY EIGHT CENTS ( *$771.48) plus HST, each in advance on the 1' day of each and every month and the last such payment to be made on the 1S day of the month the Lease is to be terminated. *If lease is extended beyond June 1S 2017 the above noted rent shall increase by the CPI. 2. THAT Schedule `A' be removed and replaced with Schedule `A' as attached to this addendum. IN WITNESS WHEREOF the Landlord and the Tenant have executed this Lease. SIGNED, SEALED AND DELIVERED in the presence of ) THE CORPORATION OF THE ) MUNICIPALITY OF KINCARDINE (Landlord) ) c ) Mayor — Anne Eadie ) Chief Administrative Officer — ) Murray Clarke ) ) ) MATRIX NORTH AMERICAN ) CONSTRUCTION, LTD. Direct B u ss Development — Witness p Rick Mile (I have authority to bind the Corporation) V Page #2 Schedule A To Lease made between THE CORPORTION OF THE MUNICIPALITY OF KINCARDINE (the Landlord) And MATRIX NAC (the Tenant) As outlined below, the area to be leased total 619.25 square feet. Mezzanine r7 1 to • crl f ( t2'•6 i 12• Q' is -6' I 12' -6` i r\ 1 a lfe :� ► S F Sa S q I p ''t ► Otte • O +r O ua c d� 6 \ 101 222 207 ' Ran In . "` tee 5 ... .� `� "' �� i -� _111 r N. 4342,1' 1 Waist , A .• 1 ' ree 691 ` L1 . , sleroj+ " Fe,' Q ur . gin - e . '11? ,1 1 11111, Si `. Ogee b A� bNerae �. 198 Office o i Stain ;Miff Board RDmitu �I � ~` 51.4 4 309 t.. f T lai i0 � WR � - f �- 7 1 s` 134 \ , rI�„' ii /bt i rt_ i;-Ki r ........ NE- 709 4 . 713 1 9f � :, J 4 �� .: . - i f Roane i ' 1 plan Kicr .r, .., t 16 � _ " j' t r � ■ r , ,. O,Jrcr h " r c , t. Esl ff]fce office. �<<+ r �' : 7 ..3 n , �1 156 NE 5,,, ,/ ., / 1 Mezzanine 1 _