HomeMy WebLinkAboutCSD-07-093 - Renewal of Park License Agreement (Pt of Lot 37, German Co Tract)
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Community Services
Report To:
Date of Meeting:
Submitted By:
Community Services Committee
October 15, 2007
Prepared By:
Ward(s) Involved:
Date of Report:
Report No.:
Subject:
Greg Hummel, Acting Director
Operations Division
Peter Wetherup, Parks Planner, ext. 2403
Forest-Rockway (5)
October 2, 2007
CSD-07-093
RENEWAL OF PARK LICENSE AGREEMENT (PT OF LOT
37, GERMAN COMPANY TRACT)
RECOMMENDATION:
That subject to the satisfaction of the City Solicitor, the Mayor and Clerk be authorized to
execute a license Agreement Renewal (5 years) with Ontario Realty Corporation
(formerly Hydro One Networks Inc.) relating to lands in the Forest Heights community,
more particularly described as Part of lot 37, German Company Tract, giving the City a
license to use and allow the public to use those lands.
REPORT:
The license area includes Hydro corridor sections running from Old Maple Lane through Forest
West Park and contains approximately 6.27 acres (2.5 hectares). It contains approximately 600
meters (0.4 miles) of community trail and a portion of Forest West Park.
License renewal is now on a 5 year basis and we have existing licenses expiring through to
2023 that will be renewed (license length has varied from 5-20 years in the past).
The City entered into the licenses with Ontario Hydro (Hydro One Networks Inc.) as the need
arose for the extension of the community trail system and open space system. This portion has
been under license since 1985.
FINANCIAL IMPLICATIONS:
The park license is being offered at a yearly rate of $2.00 and the municipality is responsible for
500/0 of the realty taxes (approximately $416 per acre) and maintenance of the corridor.
Greg Hummel, Acting Director
Operations Division
AP