Anemki Mountain Corp

Lands

Written by Fort William First Nation - January 25, 2013

CORRECTION NOTICE

TO: ALL FORT WILLIAM FIRST NATION MEMBERS

RE: FORT WILLIAM FIRST NATION SAWMILL LANDS DESIGNATION VOTE SCHEDULED FOR FEBRUARY 23, 2013

INFORMATION PACKAGE pursuant to Notice of Referendum signed on January 3, 2012 and posted on January 12, 2013  

 

 

PLEASE TAKE NOTICE of the following error contained in page 27 of the Information Document pursuant to the Notice of Referendum signed on January 3, 2012 and posted on January 12, 2013:

 

The provisions of the Sublease Consent Agreement which provide for a direct lease with Resolute in the event of default by the Lessee, Fort William First Nation LP, are still under negotiation with respect to the obligation to repair and rebuild in the event of damage or destruction by fire or other peril.   At this time, it is contemplated that the obligation to repair and rebuild will be that of the First Nation, not Canada or Resolute.

 

Therefore, the following sentences found at page 27 of the Information Document:

 

“6. The obligations to repair and rebuild in the event of damage or destruction by fire or other peril will be assumed by Resolute as the Lessee.  Resolute will maintain property insurance as noted in paragraph 5 above and will be obligated to use such proceeds to repair and rebuild”.

 

should read as follows:

 

“6.  The obligations to repair and rebuild in the event of damage or destruction by fire or other peril is contemplated to be that of the First Nation.  Resolute will maintain property insurance as noted in paragraph 5 above and it is anticipated that the First Nation will be named as additional insured on such policies of insurance.  The proceeds of insurance will be paid over to Canada and/or the First Nation, and the First Nation will be obligated to use such proceeds to repair and rebuild should Resolute elect to continue the lease.  This is consistent with the terms under the proposed Headlease and Sublease.  Please note that the issue is still being negotiated and at this time and is subject to final agreement being obtained.  The copy of the Headlease available for inspection at the Band Office identifies the proposed wording for this issue by underline and with a note to draft clarifying that the underlined language is still subject to final agreement by the Resolute, Canada and the First Nation.”

 

 

We apologize for this oversight.

Attached is the new document.
 Info Doc 7
Info Doc 7
Title : Info Doc 7
File name : Info-Doc-7.doc
Date : January 25, 2013