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Additions to Council, April 9, 2013ADDITIONS TO COUNCIL, TUESDAY, APRIL 9, 2013 Budget 1. Copy of 2013 Capital Budget presentation. Reports 1. Niagara Falls Bus Maintenance Facility -copy of presentation 2. Additional Report & By -law L- 2013 -19 Elgin Block Lease Extension, 4673 Ontario Avenue Ltd. and the City A by -law to authorize the execution of an Extension of Lease Agreement with 4673 Ontario Avenue Ltd. Respecting the extension of the Lease of a portion of the Elgin Block for the Information Systems department. 4/8/2013 Update Opportunity to address 2013 Capital Budget • Outline of projects previously approved and ongoing (January 22nd report F- 2013 -02) • Capital Budget binders were provided • Amendments were provided February 26th • Additional amendments provided tonight • Budget has been developed prioritizing projects departmentally & corporately • Based on affordability 1 4/8/2013 i6"°■ra: f ft‘i: a': 1'2' Funding Sources • Development Charges • Special Purpose Reserves • Gas Tax • Provincial and Federal Grants • External Contributions • Traffic Lighting Replacement & Upgrades • Victoria Centre Streetscape Revitilization 2 4/8/2013 1J,.ft".=Pis,4,160744 Fire $ 1,009,500 Municipal Works $ 25,564,828 Transportation $ 338,000 Recreation & Culture $ 227,929 Building $ 1,620,500 Library $ 157,000 Information Systems $ 251,499 Small Business Office $ 50,000 Cemeteries & Parks $ 1,168,000 Total 41, - • . Chart 1 • Included in Budget Binder • Worksheet that summarizes projects & funding sources • Continued from 2012 • Preapproved in 2013 • Projects fully funded own sources • Listing of Priority 1 projects 3 4/8/2013 Debt Management Strategy • In 2012, staff presented a financial planning tool to address capital asset needs • Identified strategy that 1) increased capital reinvestment 2) utilized existing debt servicing retirement room 3) resulted in no new taxation unicipaT1Y tlpdae • No debt issued in 2012; approved $5,942,876 • Will be going to market for completed projects in 2013 • Will include additional $1,267,981 for Museum • Three projects included in 2013 Budget require debt financing: Ailanthus Ave. Kalar Road (updated) City Hall HVAC $790,475 $849,271 $863,062 4 90 80 70 In 60 50 • 40 30 20 10 0 Debt Projection by Year A (A) (P) Projection(P) (p) (PI (P) (P) tP (P) (A) Actual O .-1 N re) ocr If1 o 1-.. co Of O .-1 N en .■1 N .-1 .-1 .--1 .-1 ri .--1 .--1 .--1 i N N N co O co O co O co co O co O O O O N N r4 N N N N N N N N N N N 14,000,000 12,000,000 10,000,000 8,000,000 6,000,000 a 4,000,000 - 2,000,000 _ Comparison: Actual vs. Available Debt Financing �-1 N M R 1/1 1D 1, CO of 0 rl N M Co O Co o 0 0 0 0 0 0 0 0 0 N N N N N N N N N N N N N an Available New Capital Investment with debt Actual / Committed New Capital Investment with debt 4/8/2013 5 4/8/2013 6 08/04/2013 Proposed Niagara Falls Bus Maintenance Facility PROJECT OVERVIEW April 9, 2013 Council Directions Oct. 2011/Jan. 2012 /July 2012 • One Integrated Operation - "WEGO" and Niagara Falls Transit Operations • Maximize the Use of Provincial, Federal and GO Funding ($22,300,000) • Examine Indoor Bus Storage Options • Energy Efficient Building— Energy Design Workshop • Investigate Space Reductions & Design Changes z 1 The Project • Integrated Operations — Transit, WEGO & Go Transit • Montrose Road Business Park (Kalar & Brown) • 104,400 ft2 Building — Administration (13 %), Maintenance (53 %) and Storage(36 Buses 34 %) • Fully Accessible — Employees & Visitors • Capable of Servicing Commercial Buses • Equivalent to "LEED GOLD" • EAA Approved 3 Indoor Bus Storage • 36 Parking Spaces Included in Tender • 12 Allocated for Go Transit Buses • 24 Spaces Represent 60% of N.F. Transit /WEGO Needs • 80% of Fleet can be Stored using Maintenance Area 4 08/04/2013 2 Tender Process • Prequalified 6 General Contractors • 5 Bids Received - Aquicon Low Bid at $19,589,00 • Aquicon Completed MacBain & Grace Centre • Tender Price Reflects the Space Reductions and Design Changes Requested by Council • Cost Reduced by Over $3M Since 90% Estimate 5 Comparison of Bus Maintenance Facility Budget to Project Costs (36 -Bay (60%) Storage Option) VTS Capital Budget Project C04 d6Nlmt (City) Class'D' (225'30%) Estimate Cl ass 'C' (t 15 %( Estimate Cless'8 (31056) Estimate Class'4' (x55) E Tender Price Architect DesliatKontiact AdmXAtration 51,155,000 51,529,900 51,529900 51,680,900 50,800,000 51,850,000 Project Managemere& Belated Services 5300,000 5243,SOO 5243,600 5244,600 5348000 5348,000 OEpethniratlmreetlptiona 525,000 505,000 $50,000 575,000 575000 520,000 EwI0s,*nMI Assessment (1PAP &Phase 1) 5100000 555,000 555,000 585,000 585,000 $85,000 Property Purchase - 5800,000 5925,000 H/8 11/5 H/5 Site Prapantbn end Development) And IT, Telephone and 51,000,000 sem. , APProaab, Perm., Survey 5822,5000 $822,500 5693,500 5693,500 693,500 Hydro, Slpage, Inspection &Cammbabning Allowances 5325,000 $325, W0 5325,000 5300,000 $210000 160,000 Building Construction • 36 Bays /5 %allowance) 518,005,000 $24,350,800 $22.635800 523,230,000 523464,500 521,000,000 Soil Improvement Program aaa 5245,000 5258.000 Fnnhun, Fixtures & Equipment (FF &E) 5400,000 540,00 5400000 5400,00 5400000 400,000 Tools, Heavy Equipment $250000 5250,000 5250,000 5250,000 3250,000 250,000 Hoq{onstrucllon Cantinger,yA owiince 525000 525000 5250,0 5250,00 5150,00 1000 NMmeelomtebb HST (51.16%) 5400,00 540,000 5400 ,000 5400,000 $40,000 Tabl 522,300,00 529496,80 529,536,80 521,608,000 529,021,00 525,114.500 6 08/04/2013 3 Summary of Project Budget A. Project Costs Aquicon Contract $19,589,000 Contingency $1,400,000 Site Preparation $758,000 Project Design, Approvals, Design, Furnishings, Equipment, Road Improvements $3,967,500 $25,714,500 B. Project Contributions Federal, Provincial and Go Transit $22,300,000 Difference $3,414,500 7 City's Contribution • $3,414,500 Contribution Required • Represents 12% of Total Project Costs • Compare to: $6M in Immediate Repairs $15M for a New Facility • 50 Year Investment in Transit 8 08/04/2013 4 Next Steps • Execute Contract with Aquicon • Initiate Construction in April 2013 • Complete Construction in Fall 2014 9 08/04/2013 5 L- 2013 -19 Nia a ra lls April 9, 2013 REPORT TO: Mayor James M. Diodati and Members of the Municipal Council City of Niagara Falls, Ontario SUBMITTED BY: Legal Services SUBJECT: L- 2013 -19 Elgin Block Lease Extension 4673 Ontario Avenue Ltd. and the City Our File No. 2007 -311 RECOMMENDATION 1. That the City settle any possible claims relating to the Lease between Historic Niagara Development Inc. and The Corporation of the City of Niagara Falls, dated January 1, 2008, for a total payment of $6,000.00. 2. That the City enter an extension of the existing Lease in a form acceptable to the Chief Administrative Officer, the Director of Finance and the City Solicitor, for the premises currently occupied by the Information Systems department located at 4673 Ontario Avenue, in the City of Niagara Falls, at a gross all inclusive rent of $4,000.00, plus HST, per month. EXECUTIVE SUMMARY The City's Lease of part of the Elgin Block expired at the end of February, 2011. Since that time, the City has been an overholding Tenant. During the period of overholding, the Landlord has the right to charge rent at a rate of 150% of the rate stated in the Lease. Staff have negotiated a resolution of the situation with the Landlord. Under the terms of the settlement, a claim for back rent will be settled for a total payment of $6,000.00 and an Extension of Lease Agreement entered at a rate of $4,000.00 per month. BACKGROUND In 2008, the City entered into a Lease for the premises located at 4673 Ontario Avenue, in the City of Niagara Falls; a building known as the Elgin Block. The monthly rent required pursuant to that Lease is $3,099.88, subject to an adjustment based upon the Consumer Price Index. During the life of the Lease, the Consumer Price Index adjustment was never made, giving rise to a potential claim by the Landlord as against the City. In August of 2010, the Elgin Block changed hands. The City continued to occupy the premises. In February of 2013, the new Landlord gave notice of an intention to enforce its rights under the Lease. Negotiations ensued. The Landlord also had the premises measured by an architect and determined they were larger than was assumed by Historic Niagara Development Inc. The architect has determined the area of the space in question to be 3,993 ft.2. Thus, the rate of the rent April 9, 2013 - 2 - L- 2013 -19 proposed for the Extension of Lease Agreement is approximately $10.00 per square foot. The rate in the expired Lease was also $10.00 per square foot, however, the premises were thought to be somewhat smaller and so the monthly rental was $3099.80. The term of the Extension of Lease Agreement is to run from March 1, 2011, to February 29, 2016. The fourth and fifth years of the Extension of Lease Agreement (2014 and 2015) will be subject to a cost -of- living increase based on the Consumer Price Index. The potential claim for back rent against the City is at least $37,198.56. ANALYSIS /RATIONALE The proposal represents a reasonable resolution of the current situation. It resolves any claims for back rent and secures the premises for the City for a further 2 years. FINANCIAL /LEGAL IMPLICATIONS A potential claim is resolved at a considerable discount. CITY'S STRATEGIC COMMITMENT The proposed transaction is in keeping with Council's commitment to financial sustainability. Recommended by: Respectfully submitted: KB Ken Beaman, City Solicitor K n Todd, Chief Administrative Officer CITY OF NIAGARA FALLS By -law No. 2013 - A by -law to authorize the execution of an Extension of Lease Agreement with 4673 Ontario Avenue Ltd. respecting the extension of the Lease of a portion of the Elgin Block for the Information Systems department. THE COUNCIL OF THE CORPORATION OF THE CITY OF NIAGARA FALLS ENACTS AS FOLLOWS: 1. An Extension of Lease Agreement dated the 1" day of March, 2011 and made between 4673 Ontario Avenue Ltd. as Landlord, and The Corporation of the City of Niagara Falls as Tenant, respecting the extension of the Lease Agreement for part of the Elgin Block building municipally known as 4673 Ontario Avenue, Niagara Falls, for use by the Information Systems department, as attached hereto, is hereby approved and authorized. 2. The Mayor and Clerk are hereby authorized to execute the said Extension of Lease Agreement. 3. The Clerk is hereby authorized to affix the corporate seal thereto and to deliver the said Extension of Lease Agreement. Passed this ninth day of April, 2013. DEAN IORFIDA, CITY CLERK JAMES M. DIODATI, MAYOR First Reading: Second Reading: Third Reading: April 9, 2013. April 9, 2013. April 9, 2013. THIS EXTENSION OF LEASE AGREEMENT made this 1st day of March, 2011. BETWEEN: 4673 ONTARIO AVENUE LTD. Hereinafter referred to as the "Landlord" OF THE FIRST PART; - and - THE CORPORATION OF THE CITY OF NIAGARA FALLS Hereinafter referred to as the "Tenant" OF THE SECOND PART. WHEREAS by Lease Agreement dated the 1 S` day of January, 2008, and made between Historic Niagara Development Inc. as Landlord and The Corporation of the City of Niagara Falls as Tenant, (the "Lease "), the parties entered into a Lease Agreement for part of the building municipally known as 4673 Ontario Avenue, in the City of Niagara Falls, more particularly described in the Lease; AND WHEREAS by Transfer registered as Instrument No. SN290940 on the 25`h day of August, 2010, the Lease was transferred from Historic Niagara Development Inc. to 4673 Ontario Avenue Ltd., the Landlord herein; AND WHEREAS the Lease, according to its terms, expired on the 28th day of February, 2011; AND WHEREAS the Lessee wishes to extend the Lease for a further five (5) years commencing March 1, 2011; NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the sum of One Dollar ($1.00) paid by the Tenant to the Landlord and other mutual terms and conditions herein contained and subject to and with the benefit of the Landlord's and Tenant' s covenants, provisos and conditions in all respects as are contained in the Lease, the parties agree as follows: 1. The Landlord agrees to extend the term of the Lease for an additional term of five (5) years from the l' day of March, 2011 to the 29`h day of February, 2016. 2. The Tenant hereby covenants to pay during the extended term unto the Landlord, its successors and assigns, (at such place or places as the Landlord shall designate from time to -2- time in writing), without any deductions, defalcation or abatement whatsoever, rent as follows: (a) For the first and second years of the extended term of the Lease, the sum of THIRTY SEVEN THOUSAND AND ONE HUNDRED AND NINETY -EIGHT 56/100 DOLLARS ($37,198.56), plus applicable taxes, payable monthly in advance by the Tenant to the Landlord in equal monthly instalments of THREE THOUSAND AND NINETY -NINE 88/100 DOLLARS ($3,099.88), plus applicable taxes, on the 1 s` day of each and every month, commencing on March 1, 2011, to and including February 1, 2013; (b) For the third year of the extended term of the Lease, the sum of FORTY -EIGHT THOUSAND DOLLARS ($48,000.00), plus Harmonized Sales Tax, payable monthly in advance by the Tenant to the Landlord in equal monthly instalments of FOUR THOUSAND DOLLARS ($4,000.00), plus Harmonized Sales Tax, on the 15t day of each and every month, commencing on March 1, 2013, to and including February 1, 2014; (c) For the fourth year of the extended term of the Lease, the amount paid by the Tenant as set out in paragraph 2(b) above shall increase by an amount defined as the percentage increase in the Consumer Price Index for Canada as of February, 2014 and shall be payable on the same terms and conditions as set out in paragraph 2(b) above; and (d) For the fifth year of the extended term of the Lease, the amount paid by the Tenant for the fourth year of the extended term of the Lease shall increase by an amount defined as the percentage increase in the Consumer Price Index for Canada as of February, 2015 and shall be payable on the same terms and conditions as set out in paragraph 2(b) above. 3. The Tenant acknowledges that it has no further right to renew the Lease at the expiry of the extended term. 4. The Landlord and Tenant hereby covenant that they will perform and observe their covenants, provisos and conditions in the Lease as fully as if such covenants, provisos and conditions had been herein repeated in full with such modifications only as are necessary to make them applicable to this Extension of Lease Agreement. IN WITNESS WHEREOF the parties hereto have hereunto affixed their corporate seals, duly attested by the hands of their proper signing Officers and the said signing Officers certify that they -3- have authority to bind their corporation. 4673 ONTARIO AVENUE LTD. Philip Ritchie, President THE CORPORATION OF THE CITY OF NIAGARA FALLS Per: James M. Diodati, Mayor Dean Iorfida, City Clerk