âGiven the economic environment over the past three years, we didn't complete the mining of the site,â he said. Nugent, in business since 1912, sells sand to automakers and foundries who use it to make molds for metal components. The company employees 48 people at its sites in Norton Shores and Dalton Township. Nugent Sand Company Inc., 2925 Lincoln. For the residents of Idlewild, many whose roots in the resort stretch back for generations, it's a request that has promoted a lot of questions.
Common area maintenance charges. Common Area Maintenance charges, or CAM for short, are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property.
This means that businesses must account for upcoming common area maintenance costs when they determine whether or not a new space is affordable to lease. Expenses For the accounting purposes of a business that signs a commercial lease with a CAM clause, money spent on common area maintenance is an operating expense. This appears on the business's profit and loss statement as an expense and on the cash flow statement as an outflow of cash.