We will put the Lease document up shortly. Ian
Sent from my iPhone Begin forwarded message: > From: Justin Lacko <[email protected]> > Date: 8 November, 2012 14:19:23 CST > To: "Ian E. Trump" <[email protected]> > Cc: Ron Bowes <[email protected]>, [email protected] > Subject: Re: Lease Negotiations > > Ian, below are my comments/edits, added to your response: > > All Concerned, > > Our recommendation to the Board and President Ron is to present Leon > A. Brown Limited a check for first and last month’s rent and sign a > Lease. We will have keys and access as soon as the lease is signed > allowing for early move in opportunities. > > Background: > > Justin and I met with Bob Brown and determined the parameters of our > Lease. Mr. Brown seems very engaged and is enjoyable to work with. An > interview with the owner of Republic Architecture confirms Mr. Brown’s > demeanor. > > We managed to gain the following concessions from Leon A. Brown Limited: > > Rent will be 2000.00 per month for the first year > Rent will be 2100.00 per month for the second year > Rent will be 2100.00 per month for the third year – This is largely > due to Justin’s shrewd move during our negotiations, good job! > > We clarified a number of points: > - This is a 2nd floor space, not 4th floor as previously indicated > (Justin's note: My mistake! Sorry guys!) > - Above us is the artist Christian Worthington (unknown, at this time > he does not reside in the space it is for his studio - sometimes he > has an evening wine and cheese so it would be good to stay in touch > with him to make sure we don't disrupt him) > - Below us is Republic Architecture (operating hours 8:00 to 5:00). > > Items not included in rent: > - Electricity > - Cleaning of our space (up to us to keep it clean) > - Window washing (not required, if we want it then we need to arrange for it) > - Light bulbs > - Damage by us > - Garbage removal (We are expected to keep the stairwell free of mess; > they have a warning process before bills arrive if we leave shit all > over) > - An Occupancy Permit is not a requirement of the lease. Bob Brown > specifically said "don't bother" and Shane Solomon of Republic > Architecture said "don't bother." (Justin's note: I'm still open to > researching this for a proper follow-through if anyone is concerned, > but we already have an up-front cost of a couple hundred dollars for > the application and architectural drawings to be prepared.) > > Other Considerations: > - We are advised to carry 2 million dollars of insurance. > - We have access to a BFI Bin in the lane way for garbage disposal - > at no cost. > - If Landlord construction is planned we will be notified before > entrance to our space. > - If Landlord is responding to an emergency situation the space will > be entered without notice. > - The Landlord does like to swing by once a month to just visit - this > is not an inspection, this is a customer call and due diligence on his > part. > - The A/C unit on our floor is not under warranty. If it works we can > use it, if it does not work fixing it is at our expense. Bob said he > has his electrician service it last year and as far as he knows, it > works. We can install units in the back windows though - they (the > windows) are condusive to this. > - Tacks and nails for art on walls should be mounted properly - the > Landlord is flexible on this point. Bob said he didn't really care > what we hung as long as we don't wreck the walls. > - ANY large scale construction projects, or proposed altercation to > the space, must be approved in writing, in advance - Bob really > doesn't want to see any permanent construction going on because the > space is finished, but is okay with hanging panels/floating walls. > - The Landlord would like to be “in the loop” on any large scale > installations. > - In the 2nd year and 3rd year Rent will increase between $5.00 to > $25.00 per month, this is reasonable due to costs of heating, > increasing taxes, etc. The provision to escalate rent is identified > and this is industry standard practice. > - We are free to install our keyfob system on the front door once we > can afford it, and Bob is fine with us installing a lockbox to house a > key to let members in before we get our electric strikes installed > (note: the building usually closes at 5PM and is not open on the > weekends). > > - Bob said that we could have early occupancy as soon as we provide > the first and last months' rent - so we could start moving in stuff as > early as this weekend! > > > Commentary: > > Mr. Bob Brown seems very flexible, amicable and motivated to have us > as tenants. Justin and I asked several questions as to his character > and nature with the owner of Republic Architecture and were pleased to > find that dealing with him is easy. If we are respectful of the space, > and engage Mr. Brown in our plans it will be a harmonious and > enjoyable relationship. Justin and I both feel that this is an upscale > location and fantastic space. It has the ability to attract folks and > we have an opportunity to build a strong relationship with the Yellow > Dog Tavern, Comic World and Towne 8 Cinema. Looking forward, this is a > prime space, as a condominium/apartment complex is going into the > building next door and the area is steadily improving. There is > parking across the street in a lot which we have unconfirmed reports > that it is free after 5:00 PM. > > Justin's commentary: Like Ian mentioned, I think we can give the green > light to this. We have a chance at a truly amazing space that is an > excellent and fair deal, and combined with nearby amenities we have > the opportunity to build partnerships for discounts with these > locations. The numbers we have shown are within our budget numbers > that we have been floating around - let's do it! Onwards with > SkullSpace 2.0!
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