https://barrie.ca.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4580028&GUID=7B4BAF00-3F9C-42CD-BCA7-C00506BE4700Legistar15https://barrie.ca.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4580028&GUID=7B4BAF00-3F9C-42CD-BCA7-C00506BE47007B4BAF00-3F9C-42CD-BCA7-C00506BE4700-2023-02-22-19-47-51Title: LEASE OF CITY OWNED PROPERTY - 24 MAPLE AVENUE (WARD 2) 1. That the Mayor and City Clerk be authorized to execute as landlord a commercial lease agreement for the vacant restaurant and adjacent patio space located at 24 Maple Street in a form satisfactory to the Director of Legal Services and the Director of Corporate Facilities, subject to the following general terms and conditions: a) A restaurant/boutique grocery store use; b) Approximately 3,110 square feet of vacant space plus the unused outdoor patio; c) An initial 5-year term at lease rate of $18 per square foot plus tenant utilities and a prorated share of the building’s maintenance, insurance and taxes for the leased space, including the unused outdoor patio; and d) Options for two 5-year extensions, at rates to be negotiated. 2. That approximately $20,000 in funding from approved capital project FC1129 - Year Round Downtown Market New Development be utilized to remove and replace the painted tubular steel railing currently surrounding the patio with a glass or other architecturally appealing railing system. 3. That Wed, 22 Feb 2023 19:47:51 GMT