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HomeMy WebLinkAboutCAO-17-018 - Land Exchange and Sale of Land to the owner of 447 Deer Ridge Drive REPORT TO: Finance and Corporate Services Committee DATE OF MEETING: May 29, 2017 SUBMITTED BY: Brian Bennett, Manager, Business Development, 519-741-2200 x7230 PREPARED BY: Rob Morgan, Capital Investment Advisor, 519-741-2200 x 7734 ARD (S) INVOLVED: Ward(s) DATE OF REPORT: May 16, 2017 REPORT NO.: CAO- 17-018 SUBJECT:Land exchange and sale of land to the owner of 447 Deer Ridge Drive. ___________________________________________________________________________ RECOMMENDATION: That the Mayor and Clerk be authorized to execute an Agreement with the owner of 447 sq. m., legally described as Part 1 on Plan 58R-19735, at a purchase price of $12,204.00, and that the subject land b acquisition from the owner of 447 Deer Ridge Drive of a parcel of land having an area of 12.3 sq. m., legally described as Part 2 on Plan 58R-19735, at a purchase price of $1,328.00, with all costs of this transaction to be borne by the owner of 447 Deer Ridge Drive; said agreement to be to the satisfaction of the City Solicitor; and further, Thatthe Mayor and Clerk be authorized to execute all documentation required to complete the transaction, said documentation to be to the satisfaction of the City BACKGROUND/REPORT: The City has been approached by the owner of 447 Deer Ridge Drive who wishes to purchase a 113 m sq. sliver of parkland behind his home to landscape and increase his amenity area. (Part 1 on attached Plan) The City has a general principle that parkland not be disposed of except in exceptional at 447 Deer Ridge Drive provides rationale for the sale of this parkland. The lot was created out of a Park Block and was severed off by Reference Plan and conveyed property located on Joseph Schoerg Crescent in the Pioneer Tower area. The zoning of the lot was then changed to Residential to allow construction of the home. The original rear lot line *** This information is available in accessible formats upon request. *** Please call 519-741-2345 or TTY 1-866-969-9994 for assistance. 2 - 1 was based on the wetland buffer, within which a trail would be built. The rationale for the proposed lot line is the location of the completed trail. Staff circulated the request to members of the Property Management Team and the Grand River Conservation Authority and no concerns were raised. Design and Development staff from the Operations Division has requested that should Council see fit to sell this parcel that on plan)to allow for a more appropriate buffer between the existing trail and the property line. The applicant has agreed to this. The zoning boundary between the Residential and Park zones would be adjusted to agree with the new lot line in an upcoming City-initiated minor amendment. ALIGNMENT WITH CITY OF KITCHENER STRATEGIC PLAN: The recom through the delivery of core service. FINANCIAL IMPLICATIONS: Less $1328.00 Total purchase price : $10,876.00 COMMUNITY ENGAGEMENT: INFORM council / committee meeting. . . ACKNOWLEDGED BY: Jeff Willmer, CAO 2 - 2 2 - 3