City of Regina Council Meeting Minutes June 3, 2025
Council Approves REAL Lease Assignment on REAL Campus
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Description
City Council authorized Regina Exhibition Association Limited to finalize an Assignment, Assumption and Amendment of Lease Agreement, transferring the existing May 14, 2021 lease with YQR Distillery Ltd. to 102207241 Saskatchewan Ltd. The approval maintains the lease on the REAL Campus under the terms described in the City Manager’s report.
Contract Details
Contract Amount
Landlord contribution capped at $1,000,000 (referenced in failed amendment)
Vendor
REGINA EXHIBITION ASSOCIATION LIMITED
Agency
City of Regina, Canada
Contract Type
FACILITIES
Document Date
June 3, 2025
Contract Term
Existing lease dated May 14, 2021; assignment and amendment to 102207241 Saskatchewan Ltd. (term details not changed by final motion)
Renewal Info
Existing lease dated May 14, 2021 is being assigned and amended; no specific renewal or extension schedule was adopted in the final motion, as the proposed 10-year term with extensions was rejected.
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