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Agrivalue Processing Business Incubator Facility Charges | |
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| | Leased Space Agreement:
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 | 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 |
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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.
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