Board Minutes February 2024: Difference between revisions
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→Downtown Shop Annex and Storage
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*Vaughan: If we were to get it for March 1st, he said he would be happy giving us access a few weeks earlier (before our lease officially starts). | *Vaughan: If we were to get it for March 1st, he said he would be happy giving us access a few weeks earlier (before our lease officially starts). | ||
*Alex: If it's not a financial burden, the sooner the better. | *Alex: If it's not a financial burden, the sooner the better. | ||
*Matt: Our current lease is up July 2025, with option to renew for 5 years. This space gives us an additional chance to rent for longer. | *Matt: Our current lease is up July 2025, with option to renew for 5 years. This space gives us an additional chance to rent for longer. I think we should also take it now. | ||
*Coreen: Something I wanted to put on people's radar is that one of our big funfers/grant streams required us have long-term leases (at least five years). We should make sure a three year lease doesn't disqualify us. I can check. | |||
*Stephen: Sounds like we want to pursue this lease subject to changing the current hours and making sure it doesn't effect our funding eligibility. | |||
*Coreen: We still don't have a budget. We need a budget. We need to understand our projected revenue with these new obligations. We need to be doing our diligence on this before we rush ahead. | |||
=== Pop-up store options === | === Pop-up store options === | ||