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City of Powell River announces lease agreement for Franklin Street property

Three-year term with Mill Town Transport Ltd begins August 1
city-of-powell-river-councillor-maggie-hathaway
City of Powell River councillor Maggie Hathaway.

City of Powell River Council has announced a lease agreement with Mill Town Transport Ltd for the city’s vacant property located at 4474 Franklin Street.

According to a rise and report at the July 21 city council meeting, the lease agreement with the company is for a three-year term beginning on August 1, at a cost of $5,270.65 per annum, plus GST.

City councillor Maggie Hathaway said this was an agreement the city entered into during a closed meeting for storage of trucks.

“It’s a good agreement for a piece of property that is superfluous to our needs at the moment and we receive some income from it,” added Hathaway.