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1996-066 ,:" ' ",., '" THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE BY-LAW NO. 96-66 Being a By-law to Enter Into a Lease Agreement Between Madison Telecommunications Inc. for Office Facilities WHEREAS Madison Telecommunications Inc. desires to secure office space facilities; AND WHEREAS the space is available in the former Medonte Administration Office, being Fire station #6, Moonstone meeting room, Part Lot 16, Concession 9 (former Medonte); NOW THEREFORE BE IT RESOLVED that The Corporation of the Township of Oro-Medonte enacts as follows: 1. That the lease agreement between Madison Telecommunications Inc. and The corporation of the Township of Oro-Medonte for premises described as Pt. Lot 16, Conc. 9, former Medonte, be accepted, effective May 1, 1996. 2. That the Mayor and Clerk be authorized to execute said Lease Agreement, attached hereto as Schedule "A" and forming part of this By-law. 3. That this By-law shall come into full force and effect on its final passing thereof. By-Law read a first and second time this 19th day of June, 1996. By-Law read a third time and finally passed this 19th day of June, 1996. THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE ~- = &41- Mayor, Ian Bea d . ~__b_ /!'~ Clerk, Lynda Aiken ,. lit # .. t \ ...... Schedule "A" THIS AGREEMENT MADE THIS 19th DAY OF June , 1996. BETWEEN: THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE (hereinafter called the Township) - and - MADISON TELECOMMUNICATIONS INe. (hereinafter called the Tenant) The Township shall rent to Madison Telecommunications Inc" office space in the former Medonte Administration Office, being Fire Station #6, Moonstone meeting room, Part Lot 16, Concession 9 (former Medonte), based on the following terms and conditions: (1) The Township shall provide one room of approximately 30 square feet in the fire Administration building, (2) The Township shall allow Madison Telecommunications Inc" access to the room as required on a 24-hour, seven day per week basis, Madison Telecommunications Inc" agrees to the following terms and conditions: (1) Madison Telecommunications Inc" will pay the Township $175,00 per month for the rental, payments made quarterly in advance, (2) Madison Telecommunications Inc" will obtain all necessary approvals in order to operate their business if required, (3) Madison Telecommunications Inc" will provide their own insurance for their equipment and hold the Township harmless, (4) Madison Telecommunications Inc" will provide their own security for their equipment if required, (5) Madison Telecommunications Inc" will pay for all renovations required within, Either party may terminate this Agreement by providing 60 days written notice of same, That this Agreement shall be effective from May 1, 1996 for a period of five (5) years and may be renegotiated or renewed at the end of five (5) years, ~~ William Lovell, v.p, Operations - ~~...~ ;f-ul~ Clerk, LYnda Aiken