TAKE NOTICE that pursuant to the provisions of Section 24, 26, and 94 of the Community Charter, the City of Prince George (the “City”) proposes to dispose of an interest in the following land to the Prince George Humane Society (“PGHS”):
PID: 012-985-732
Lot 2, District Lot 753, Cariboo District, Plan 9002 REM
(the “Lands”), having a civic address of 4011 Lansdowne Road, Prince George, BC, as shown outlined in this notice.
The proposed disposition is for the lease (the “Lease”) of the Lands and the building located on the Lands between the City and PGHS. The Lease will commence on January 1, 2025, and will expire on December 31, 2028, with an option to extend where mutually agreeable for one renewal term of three (3) years. The consideration to be received by the City of Prince George is rent in the amount of $7.00 for the lease terms of 2025 to 2028 and 2029 to 2031, inclusive.
TAKE NOTICE that in accordance with Section 24 and 94 of the Community Charter, the City’s intention is to provide a form of assistance to PGHS as the value of rent for this lease is an amount that is less than fair market value.
Questions?
Contact: Development Services: | devserv@princegeorge.ca | 250.561.7611 | 2nd Floor, City Hall
View the notice [HERE]