1995-041 To Enter into a Lease Agreement between Telesave Communications for Office Facilities
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THE COR~ORATION OF THE TOWNSHIP OF ORO-MEDONTE
BY-LAW NO. 95-41
Being a By-law to Enter Into a Lease Agreement Between Telesave
communioations for Office Faoilities
WHEREAS Telesave Communications desires to secure office space
facilities;
AND WHEREAS the space is available in the Public Works Building;
NOW THEREFORE BE IT RESOLVED that The corporation of the Township
of Oro-Medonte enacts as follows:
1. That the lease agreement between Telesave Communications and
The corporation of the Township of Oro-Medonte for premises
described as Pt. Lot 16, Conc. 9, former Medonte, be
accepted, effective April 1, 1995.
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 seoond time this 5th day of April, 1995.
By-Law read a third time and finally passed this 5th day of
April, 1995.
THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE
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Mayor, Ian Beard
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iiMerk, Darlene snoebridge
Schedule "A"
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""';THIS AGREEMENT MADE THIS ":5lh DAY OF ,t:dp/i /
, 1995.
BETWEEN:
CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE
hereinafter called the Township
.
-AND-
TELESAVE COMMUNICATIONS
hereinafter called Telesave
The Township shall rent to Telesave office space in the former
Medonte Township Office, Pt. Lot 16, Conc. 9, former Medonte, based
on the following terms and conditions:
(1) The Township shall provide one room of approximately 8" x 8"
in the basement of the building.
(2) The Township shall allow Telesave access to the room as
required on a 24 hour basis.
(3) In the event of the sale of the building, the Township will
provide Telesave with 120 days notice of the sale and will
give them the same opportunity provided others to purchase the
building.
(4) That the Township will not rent any additional rooms in the
building to anyone or any Company who would offer competition
to Telesave.
Telesave agrees to the following terms and conditions:
(1) Telesave will pay the Township $100.00 per month for the
rental, payments made quarterly in advance.
(2) Telesave will obtain all necessary approvals in order to
operate their business.
(3) Telesave will provide their own insurance for their equipment
and hold the Township harmless.
(4) Telesave will provide their own security for their equipment
if required.
Either party may terminate this agreement by providing written
notice 120 days before termination.
That this agreement shall be effective April 1, 1995 for a period
of 1 year and may be renegotiated or renewed at the end of 1 year.
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TELESAVE COMMUNICATION
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MAYOR
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