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OC 68/2010 - Purchase and Commercial Lease Agreements with Nicor Development Inc. for $250,000 – Greenwater Lake Provincial Park (Rental Cabins) (Minister of Tourism, Parks, Culture and Sport)
Description:

Title: Purchase and Commercial Lease Agreements with Nicor Development Inc. for $250,000 – Greenwater Lake Provincial Park (Rental Cabins)

Minister: Minister of Tourism, Parks, Culture and Sport

Summary: Orders that the Minister of Tourism, Parks, Culture and Sport is approved to:

(a) Enter into a Purchase Agreement, substantially in the form of the attached Schedule A, whereby Nicor Developments Inc. will make in investment expenditure of $250,000 to purchase 23 public rental cabins at Greenwater Lake Provincial Park; and

(b) Enter into a Commercial Lease Agreement for a term of twenty-five years, substantially in the form of the attached Schedule B, and associated Development Agreement, substantially in the form of the attached Schedule C, with Nicor Developments Inc., for the operation of 23 existing rental cabins and development of 10 additional rental units at Greenwater Lake Provincial Park.

See: The Parks Act, section 15





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