SCHEDULE 2 CATEGORY ASSESSMENTS – Categories Market Rent Outgoings/Utilities Maintenance Rent Reviews Legal Fees Term (including amendments requested by the Tenant) Group One Commercial Rate All paid by the All maintenance Market Rent Review 100% Tenant No longer than 20 determined by Tenant, including requirements paid at end of each Term and subject to Council’s Valuer Rates, taxes and by the Tenant or 5 whichever the Tenant and levies ever is shorter plus Council’s annual fixed 2-4% requirements. increases The Lease Term may include several options. Group Two Up to 70% discount All paid by the All maintenance Annual fixed 2-4% 100% Tenant No longer than 20 of Commercial Rate Tenant, including requirements paid years and subject to determined by Rates, taxes and by the Tenant the Tenant and Council’s Valuer. levies Council’s requirements. The Lease Term may include several options. Group Three $100 - $500 per All paid by the All maintenance Annual CPI increase 50% but not more No longer than 20 annum Tenant, including requirements paid than $1,000 Tenant years and subject to taxes and by Tenant and/or (amendments the Tenant and levies Council requested by Council’s Tenant pay 100% ) requirements. The Lease Term may include several options.
SCHEDULE 2 – CATEGORY ASSESSMENTS Categories Market Rent Outgoings/Utilities Maintenance Rent Reviews Legal Fees (including amendments requested by the Tenant) Term Group One Commercial Rate determined by Council’s Valuer All paid by the Tenant, including Rates, taxes and levies All maintenance requirements paid by the Tenant Market Rent Review at end of each Term or 5 whichever ever is shorter plus annual fixed 2-4% increases 100% Tenant No longer than 20 and subject to the Tenant and Council’s requirements. The Lease Term may include several options. Group Two Up to 70% discount of Commercial Rate determined by Council’s Valuer. All paid by the Tenant, including Rates, taxes and levies All maintenance requirements paid by the Tenant Annual fixed 2-4% 100% Tenant No longer than 20 years and subject to the Tenant and Council’s requirements. The Lease Term may include several options. Group Three $100 - $500 per annum All paid by the Tenant, including taxes and levies All maintenance requirements paid by Tenant and/or Council Annual CPI increase 50% but not more than $1,000 Tenant (amendments requested by Tenant pay 100% ) No longer than 20 years and subject to the Tenant and Council’s requirements. The Lease Term may include several options.
cp2017-06-01_communication_equipment_on_council_property_policy.docx