the Niagara Parks Commission (the "Commission”) entered into a lease and operating agreement (the "Lease") with Niaga...

O.C. 1736/2023

Ontario — Orders in Council

the Niagara Parks Commission (the "Commission”) entered into a lease and operating agreement (the "Lease") with Niaga...

O.C. 1736/2023

Ontario — Orders in Council

id="main-content">

Order in Council 1736/2023

On the recommendation of the undersigned, the Lieutenant Governor of Ontario, by and with the advice and concurrence of the Executive Council of Ontario, orders that:

Whereas the Niagara Parks Commission (the "Commission”) entered into a lease and operating agreement (the "Lease") with Niagara Adventure Excursions Inc. ( NAE ), on October 23, 2015, for the financing, design, building and operation of zip line and aerial adventure course attractions over a portion of the Commission's lands;

And

whereas the Lease expires on September 30, 2030;

And

whereas NAE wishes to do capital improvements on the zipline and aerial adventure course;

And

whereas such capital improvements require financing which further requires that the Lease be extended until September 30, 2035;

And

whereas further due diligence and planning will be undertaken, including any required duty to consult analysis, prior to the capital improvements being made;

Now therefore pursuant to subsection 7(1)(3) of the Niagara Parks Act, R.S.O. 1990, c. N.3, approval is hereby given to the Commission:

to extend the term of the Lease until September 30, 2035; and

to execute such documents as may be necessary for that purpose.

Ministry of Tourism, Culture and Sport

Approved and Ordered:

November 23, 2023

Updated: December 07, 2023

Published: December 07, 2023

Document details

CollectionOntario — Orders in Council
CitationO.C. 1736/2023
Typeorder_in_council
Volume / chapteroc-17362023
Languageen
Formathtml
SourcePROVINCIAL
Identifier7cfc380aaebe89b3bc38fbe5cdcdf55415ea2035

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