Notice of Property Disposition - Rogers Telecommunication Tower Lease Renewal

Type(s)
Public Notice

NOTICE IS GIVEN that the District of North Cowichan, pursuant to sections 26 and 94 of the Community Charter, intends to dispose of land by way of a 5-year lease renewal to Rogers Communications Inc. (“Rogers”) for an existing telecommunication tower and related works.

The land currently leased to Rogers and proposed for lease renewal is a 60m x 60m site at Maple Mountain, Section 11, Range 6, Comiaken Land District (located at coordinates 48’-49’-54”, West Latitude and 123’ – 36’ – 13” North Latitude).

In consideration for the 5-year lease renewal (November 1, 2024 to October 31, 2029) and the option to renew for two additional 5-year terms, Rogers will pay an annual rent to North Cowichan of $43,200 in 2024, plus annual rent increases equal to CPI thereafter.

North Cowichan’s Chief Administrative Officer will consider the execution of this lease renewal & modification agreement following publication of the required notice.

 

Tricia Mayea

Deputy Corporate Officer