Town of Ponoka Council Meeting Agenda April 28 2026
Campus Alberta Central subleases Civic Centre space
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Description
The Town of Ponoka continues to sublease part of its Civic Centre to Campus Alberta Central for $125,000 annually plus executory costs under a five-year agreement expiring in August 2028. The tenant holds an option to renew the sublease for an additional five-year term.
Contract Details
Contract Amount
$125,000 per annum plus proportionate executory costs
Vendor
CAMPUS ALBERTA CENTRAL
Agency
Town of Ponoka, Canada
Contract Type
FACILITIES
Document Date
April 28, 2026
Contract Term
Five-year sublease term expiring August 2028, with a five-year renewal option
Renewal Date
2028-08-31
Renewal Info
Initial five-year sublease term ends August 2028, after which Campus Alberta Central may exercise a five-year renewal option on mutually agreed terms.
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