Town of Courtenay Minutes Regular Council Meeting 2026-05-13
Courtenay To Negotiate New VIRL Market Lease
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Description
Council instructed staff to negotiate a new market lease with Vancouver Island Regional Library for its Courtenay branch at 300 6th Street, with an initial term of up to 15 years and renewal options. The City will also terminate an existing art installation service agreement and provide statutory notice of disposition before bringing the draft lease back for approval.
Contract Details
Vendor
Vancouver Island Regional Library (VIRL)
Agency
Town of Courtenay, ND
Contract Type
FACILITIES
Document Date
May 13, 2026
Contract Term
Initial term of up to 15 years, with options to renew
Renewal Info
Existing lease to be replaced by a new market lease with an initial term of up to 15 years and options to renew; details of renewal options to be defined in the forthcoming draft agreement.
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