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.
It is a charge passed on by the landlord to the tenant for costs incurred by the landlord in maintaining the common area of the property. Examples of CAM expenses include maintaining parking lots and snow removal. CAM charges arise in the context of triple-net lease. If you have a triple-net lease, you most likely are required to pay property tax, building insurance and CAM charges. Typically, the client is assessed CAM charges based upon the percentage of space they occupy of the total property.