Bar Owners, Corporation Negotiating Rent Increase

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There are several of the bar owners who have signed off on their leases already because they feel that that is a proper rent.”That was Tourism Minister Lindsay Grant speaking to the ongoing issue of the rental increase for bars on the Frigate Bay Strip.Minister Grant spoke with WINN FM about the situation where some bar owners have publicly railed against the increase contained in their new lease agreements.

He said the proposed increase has not been finalized and that the bar owners contesting the rent hike and the Frigate Bay Development Corporation are now in the negotiation stage.“The matter of the rental; the matter was not finalized. There is no finality to the agreement as yet. We prepared some leases having spoken to the bar over a year ago, a year ago, telling them that the corporation .

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