Town of Carleton Place Committee of the Whole Agenda 2026-05-12
Arena canteen lease proposed for Matt Waters
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Description
The Town of Carleton Place plans to award a three‑season lease to Matt Waters to operate the municipal arena canteen, with a base rent of $850 per month plus HST and a lease‑to‑own arrangement for key kitchen equipment at $125 per month plus HST. The agreement would run from July 1, 2026 through June 30, 2029, with options for two additional one‑year extensions based on performance.
Contract Details
Contract Amount
$850.00 per month plus HST for lease; $125.00 per month plus HST for equipment lease-to-own (initial three-year term); approximately $10,200 per year in lease payments plus $1,500.00 per year for equipment
Vendor
WATERS, MATT
Agency
Town of Carleton Place, Canada
Contract Type
FOOD_SERVICES
Document Date
May 12, 2026
Contract Term
July 1, 2026 – June 30, 2029 (three ice seasons), with option for two additional one-year extensions
Renewal Date
2029-06-30
Renewal Info
Initial term is three ice seasons (July 1, 2026 – June 30, 2029) with Town retaining the option to extend for two additional one‑year terms based on satisfactory performance; monthly lease fees escalate by 3% annually during the term. Equipment lease-to-own runs for the initial three-year term, after which ownership may transfer upon full payment.
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