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HomeMy WebLinkAboutFCS-13-138 - 1011-1111 Homer Watson Blvd - Commercial DevStaff Report I r finance and Corporate Services Department wvwuukitchenerca REPORT TO: Committee of the Whole DATE OF MEETING: August 26, 2013 SUBMITTED BY: Steve Ross, Ext. 7266 PREPARED BY: Steve Ross, Ext. 7266 WARD(S) INVOLVED: Ward 3 DATE OF REPORT: August 19, 2013 REPORT NO.: FCS -13 -138 SUBJECT: 1011/1111 Homer Watson Blvd — Commercial Development RECOMMENDATION: That the Mayor and Clerk be authorized to execute an Agreement with 2242123 Ontario Inc., 1473450 Ontario Limited and 1869071 Ontario Limited regarding a proposed Commercial Development at 1011/1111 Homer Watson Blvd, substantively in the form presented to an in camera meeting of Caucus on August 12, 2013, and to the satisfaction of the City Solicitor; That legal staff be directed to attend the Ontario Municipal Board on or before October 15, 2013, to request approval of the related Official Plan Amendment and Zoning By -law Amendment, substantively in the form presented to an in camera meeting of Caucus on August 12, 2013, and to the satisfaction of the City Solicitor; EXECUTIVE SUMMARY: N/A REPORT: The Agreement addresses all outstanding legal matters with the owners of 1011/1111 Homer Watson Blvd including an Ontario Municipal Board appeal of council's refusal of an Official Plan Amendment and Zoning By -law Amendment. Although no Plan of Subdivision is currently before the OMB, the Agreement also addresses a few matters normally addressed at the Plan of Subdivision stage, including parkland contribution and general layout of streets, Blocks and a storm water management pond. The related Official Plan Amendment and Zoning By -law Amendments will be presented to the Ontario Municipal Board for approval at a public hearing currently scheduled for October 15, 2013. The developer and the City will jointly lead evidence in support of the settlement. As this is a matter of ongoing litigation, the Agreement shall remain confidential. Execution of the final form of Agreement will be subject to the City Solicitor being satisfied in all matters and in the final form of the Agreement. 5 -1 FINANCIAL IMPLICATIONS: Not applicable COMMUNICATIONS: The City will request and support approval of the Zoning By -law Amendment and Official Plan Amendment at a public hearing of the Ontario Municipal Board currently scheduled for October 15, 2013 at Kitchener City Hall. CONCLUSION: Staff recommends that Council enter into the Agreement substantively in accordance with the Agreement presented to Council on August 12, 2013, as it represents a comprehensive solution to long term corporate goals and land use planning goals. ACKNOWLEDGED BY: Dan Chapman, Deputy CAO 5 -2