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HomeMy WebLinkAboutFCS-12-066 - Proposed Closure and Conveyance of Part of WestheiREPORT TO:Finance and Corporate Services DATE OF MEETING: April 16, 2012 SUBMITTED BY: Lesley MacDonald, Director of Legal Services and City Solicitor, 519-741-2267 Rob Morgan, Capital Investment Advisor, 519-741-2734 PREPARED BY: Lesley MacDonald, Director of Legal Services and City Solicitor, 519-741-2267 WARD(S) INVOLVED: Ward 7 DATE OF REPORT: April 5, 2012 REPORT NO.: FCS-12-066 SUBJECT: Proposed closure of Part of Westheights Drive (non- travelled extension of West Acres Drive), adjacent to 42 West Acres Drive, and Declaration of Surplus for Conveyance and Acceptance of Offer to Purchase RECOMMENDATION: “That the closure of a portion of Westheights Drive (see attached Schedule “A”) being Parts 1 and 2, Plan 58R-6509, City of Kitchener, Regional Municipality of Waterloo, be approved in principle, and that Legal Services be instructed to proceed with the preparation and advertising of a by-law to close and convey that part of Westheights Dr., subject to the following conditions: 1. That the portion of Westheights Dr. to be closed, described as Part of Westheights Dr, part of a 13’ road widening, R.P. 864, and part of Lot 38, German Company Tract, being Parts 1 and 2 on Plan 58R-6509, in the City of Kitchener be declared surplus to the City’s needs for the purpose of conveying any necessary easements to outside utility agencies and the conveyance of the closed portion to the owner of the adjacent lands located at 42 West Acres Crescent. 2. That the Agreement of Purchase and Sale executed by the Purchaser, being the registered owner of the adjacent lands located at 42 West Acres Crescent, in the amount of $112,000.00, representing fair market value be accepted by the City of Kitchener. 3. That the Purchaser be responsible for all costs associated with the closure of that portion of Westheights Drive, including, but not limited to, any necessary reference plans, appraisals, advertising, by-law registration, easement registrations, all Registry Office fees and disbursements, and the Legal Services administration fee; said costs, committed to in the Agreement of Purchase and Sale by the Purchaser, with advance payment made by the Purchaser to be adjusted once actual costs are known as part of the real estate transaction. è ó ï 4. That the Mayor and Clerk be authorized to execute all documentation, satisfactory to the City Solicitor, to convey the closed portion of road. BACKGROUND: The City of Kitchener has been approached by the owner of 42 West Acres Crescent to purchase the portion of Westheights Drive (the extension of West Acres Crescent where it intersects with Highland Road) that is currently not being used as a road by the City of Kitchener. The grading is not conducive for public access on this portion of the road. REPORT: The adjacent land owner wishes to purchase this portion of road to enhance the development of the lands located at 42 West Acres Crescent. This portion of road is a left over piece of Westheights Drive prior to the reconfiguration of Westheights Drive and a portion of it being renamed to West Acres Crescent. This portion of Westheights Drive does not affect the normal day-to-day traffic. Attached is a map showing the portion of Westheights Drive that is to be closed. As part of the review of this road closure, notice was circulated to internal departments, The Regional Municipality of Waterloo and various outside utility agencies. There has been no confirmation of any easements required at this time. This portion of Westheights Drive does not affect the normal traffic flow on West Acres Crescent as Westheights has been reconfigured for a number of years already and this portion remains unused by normal day-to-day traffic. The proposed portion of Westheights Drive that is to be closed and conveyed has been appraised by an accredited appraiser. A value of $128,000.00 was obtained in the appraisal and the purchase price was reduced to reflect the cost of bringing the lands up to grade to allow development. The proposed road closure will follow the normal road closing procedures and will be advertised in The Record prior to any closing by-law being presented to Council for consideration. FINANCIAL IMPLICATIONS: Any financial implications to the City of Kitchener will be nominal. The cost of the road closure is to be borne by the purchaser as set out in the Agreement of Purchase and Sale. Any costs incurred by the potential conveyance will also be borne by the purchaser. The funds received on closing for the sale of the transaction will be deposited into the City’s Asset Management Reserve Fund. CONCLUSION: It is requested that the above resolution be approved by Council to facilitate the road closure and conveyance of the lands. ACKNOWLEDGED BY: Dan Chapman, Deputy CAO, Finance & Corporate Services è ó î è ó í