Redwood Meadows Lease Agreement

We have an agreement in principle between Redwood Meadows City Council and the president and the Tsuut`ina council, which must be approved with the votes of both municipalities. „Our goal is to reconcile our values with Tsuu T`ina First Nation and demonstrate the economic and social benefits of renegotiating the lease,“ Welsh said. The delegation/registration document is a legal document that requires a witness and a state commissioner. Townsite offers free eide services to all tenants. Redwood Meadows Mayor Paul Sawler says the Tsuut`ina Nation and the City of Redwood Meadows have been in talks since 2016 for an extension of the lease. They have now reached a point where they have an agreement in principle on the renewal of the lease, on which the two municipalities vote. Although the current lease does not expire until 2049, some residents who attended the city`s last general meeting said they wanted some security on the status of the lease negotiations. A designation is a procedure under Indian law that allows Aboriginal communities to make reserve land available for leasing purposes. In order to obtain a designation for the purpose of leasing or renewing a principal lease, the land for rent must be subject to an environmental assessment, review, legal description, and then the approval of a communal vote of Tsuut`ina members for the land to be designated and leased.

„Once you fall below 30 years, banks will only issue mortgages… For the duration of the lease minus five years „, said Sawler. “ When it depends on 25 years, all of a sudden, people who move to Redwood Meadows can only have a 20-year mortgage. The stewardship arrangement is an agreement between the company and Tsuut`ina Anderson said there was still 70 years on the lease when she bought her home in Redwood Meadows in 1980. There are 36 years of lease left today. If the vote is secured, the lease will be renewed for a further 75 years, which was the duration of the original lease and the name established by the Tsuut`ina Nation and the Government of Canada. There are 29 years left on the current lease, Sawler said. The following question is asked of the delegates of the subtenants by ballot: he found that the renewal of the tenancy agreement will facilitate the obtaining of mortgages for residents and that they will not face a decrease in the duration of rents. Redwood Meadows Mayor John Welsh said that while no lease negotiations are currently underway, he is confident the lease will be renewed as the City Council has worked to establish a positive relationship with Tsuu T`ina First Nation. In the meantime, each subtenant should have received their detailed rental information file in the mail, which contains a form for voter delegation. Lawyer Linda Anderson, who has lived in the community since 1980 and was a city councillor for 15 years, said the lease was still on the agenda of Redwood Meadows City Council`s annual general meetings.

In the event of a positive vote, a new 75-year lease will be concluded from 2021. The new lease expires in 2095. The owners buy their houses, but the land is rented by the Tsuut`ina. Our new enterprise agreements, as well as the new Head Lease, are expected to be approved by two federal government departments, Indigenous Services Canada (ISC) and the Department of Justice (DOJ). The two departments participated in the discussions and generally approved the proposed rent renewal contracts. The infrastructure, the cost of extending the lease and the other key factors mentioned above make up the package as a whole. For the lease to be approved at Redwood Meadows, a two-thirds majority is required for renewal. It`s one vote per tenant. The lease must also be supported by the voters of the Tsuut`ina Nation.