Lease Renewal and Arrears Relief Approved for The INN
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Description
The City of St. Thomas Council approved a new lease with The INN for a five-year term, including waiver of outstanding rent arrears and elimination of future annual rent increases. Staff were authorized to negotiate and execute the new agreement.
Contract Details
Vendor
THE INN
Agency
City of St. Thomas, Canada
Contract Type
FACILITIES
Document Date
June 1, 2026
Contract Term
Additional five years (anticipated)
Renewal Date
2031-06-01
Renewal Info
Updated lease anticipated for 5 years with no annual increases; previous arrears waived; existing lease expired prior to renewal.
More from THE INN
More from City of St. Thomas
City of St. Thomas Agenda Packet 2026-06-15
City of St. Thomas Agenda Packet 2026-06-15
City of St. Thomas Agenda Packet 2026-06-15
City of St. Thomas Agenda Twenty-Third Meeting of the One Hundred and Forty-Sixth Council 2026-06-15
City of St. Thomas Agenda Twenty-Third Meeting of the One Hundred and Forty-Sixth Council 2026-06-15
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