Loading...
HomeMy WebLinkAboutCRPS-07-116 - Declare Land Surplus to the City's Needs - 278 Clifton RdREPORT Report To: Council/Committee of the Whole Date of Meeting: Submitted By: Prepared By: Ward(s~ Involved: Date of Report: Report No.: August 27, 2007 L. Proulx, Director of Facilities Management C. Riordan, Administrative Assistant 1 August 21, 2007 CRPS - 07-116 Subject: DECLARE LAND SURPLUS TO THE CITY'S NEEDS - 278 CLIFTON RD RECOMMENDATION: That the property municipally known as 278 Clifton Road, legally described as Plan 666 PT Lot 96 be declared surplus to the City's needs; and, That the said property be put on the market for sale, subject to the execution of an agreement of purchase and sale satisfactory to the City Solicitor; and further, That the Mayor and Clerk be authorized to execute the necessary documentation to complete this transaction. EXECUTIVE SUMMARY: N/A BACKGROUND: In July 2006, Council authorized staff to retain the services of an environmental consultant and contractor to complete an environmental remediation of the properties at 270, 274, 276, 278, and 280 Clifton Road and 834 Guelph Street where some ash fill had been placed in the 1940's or earlier. As part of the remediation, 4 of the residential units (2 semi-detached buildings) were required to be demolished. Of the owners impacted by this demolition, one of these property owners decided to sell his unit to the City (#278). The remaining property owners decided to retain ownership and the City undertook to have replacement semi-detached units constructed on their lands. Council also authorized the construction of the remaining half of the semi-detached unit at #278 Clifton Road which would be sold upon completion of the remediation. REPORT: The construction of #278 Clifton Road has now been completed and therefore should be considered surplus to the City's needs. Subject to City Solicitor's approval we are proceeding with an appraisal to determine market value. We recommend that Peter Benninger Coldwell Banker Realty be hired to place this property on the market for sale (see attached map). FINANCIAL IMPLICATIONS: All costs associated with this transaction will be paid by the purchaser. The funds received from the sale will be put back into the Clifton Road Project Account 715095. COMMUNICATIONS: N/A CONCLUSION: N/A L. Proulx, CET CMM III Director of Facilities Management Attach. LP/cr