21 Dec 2020 Council meeting

100 Gordon Street - Revised Agreements

Motion
It was moved and seconded that Council direct staff to: 1. Remove the Option to Purchase registered in favour of the City of Nanaimo from 100 Gordon Street; 2. Update the Revitalization Tax Exemption Agreement for 100 Gordon Street with PEG Companies; and 3. Enter into a parking agreement with PEG Companies – Courtyard by Marriott Hotel to rent reserved parking stalls for use by hotel guests within the City-owned parkade located within the Conference Center Parkade at 101 Gordon Street.