File #: 25-1279    Version: 1 Name: 1800 McKenzie Redvt-Tri-Partite Agmt & Estoppel
Type: Action Report Status: Agenda Ready
File created: 11/19/2025 In control: Hospitals and Housing Committee
On agenda: 12/3/2025 Final action:
Title: 1800 McKenzie Redevelopment - Tri-Partite Agreement and Landlord Estoppel Certificate
Attachments: 1. Staff Report: 1800 McKenzie Redvt-Tri-Partite Agmt & Landlord Estoppel Cert, 2. Appendix A: Sample Landlord Estoppel Cert & Ack of Notice

Title

1800 McKenzie Redevelopment - Tri-Partite Agreement and Landlord Estoppel Certificate

 

Recommendation

The Hospitals and Housing Committee recommends to the Capital Regional District Board:

1.  That the Tri-Partite Agreement and Landlord Estoppel Certificate in the form required by BC Housing Management Commission for the purposes of authorizing the execution of the Loan and Mortgage documents for the 1800 McKenzie Redevelopment project (1821 McKenzie Avenue PID 006-415-369), be approved; and

2.  That Edward Robbins, Chief Administrative Officer, and Nelson Chan, Chief Financial Officer, or their duly authorized delegates, or any two directors or officers of the Corporation be authorized to do all things necessary to affect the project and take such steps as are required to conclude the financing, construction, and operation of the 1800 McKenzie Redevelopment project, conditional on Final Project Approval.

(WA)