Agrivalue Processing Business Incubator Facility Charges

 
 
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 Leased Space Agreement:
.
Lease Space Fees
Year 1*
85% of Base Rate
($280/sq m)
Total Lease Rate - $240
Year 2**
85% of Base Rate
($280/sq m)
Total Lease Rate - $240
Year 3***
100% of Base Rate
($280/sq m)
Total Lease Rate - $280
Suites A – D
490m2
$117,600
$117,600
$137,200
Suites E & F
350m2
$84,000
$84,000
$98,000
Suites G & H
167m2
$40,080
$40,080
$46,760


.
Fixed Service Fees
Suite
Area
Total Fixed Monthly Service Fees
Total Annual
Fixed Service Fee
A - D
490
$2,500
$30,000
E - F
350
$1,775
$21,300
G - H
167
$ 850
$10,200


Fourth Year Lease Option:

The lease agreement may be extended for a fourth (4th) year. Lease rates for the fourth year lease option will be 125% of the base rate.


Metered Utilities at Commercial Rates:

(electricity, water)
 
 
 
 
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For more information about the content of this document, contact Teryle Simpson.
This information published to the web on March 8, 2007.
Last Reviewed/Revised on February 7, 2018.