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HomeMy WebLinkAboutCRPS-10-030 - Exec of License Agreement with Region - RofW - Glasgow StREPORT TO: Committee of The Whole DATE OF MEETING: March 22, 2010 SUBMITTED BY: Lesley MacDonald, Director of Legal Services and City Solicitor PREPARED BY: Lesley MacDonald, Director of Legal Services and City Solicitor WARD(S) INVOLVED: Ward 6 DATE OF REPORT: March 2, 2010 REPORT NO.: CRPS - 10-030 SUBJECT: AUTHORIZATION FOR EXECUTION OF LICENSE AGREEMENT WITH THE REGION WITH RESPECT TO LANDS DESCRIBED AS PARTS 12, 13, 14, 15, 16 AND 17, 58R-16652 AND PART OF GLASGOW STREET AS ESTABLISHED BY REGISTERED PLAN 58M-485 FOR OVERLAND STORM FLOW PURPOSES RECOMMENDATION: That the Mayor and Clerk be authorized to execute a License Agreement with The Regional Municipality of Waterloo for the use of the lands described as Part of Lot 39, German Company Tract being Parts 12, 13, 14, 15, 16, and 17 on Reference Plan 58R-16652 and part of Glasgow Street as established by Registered Plan 58M-485 for overland storm flow purposes; said agreement to be to the satisfaction of the City Solicitor. BACKGROUND: On November 2, 2009 Council authorized the execution of a License Agreement between the City and The INCC Corp. over Part of Lot 39, German Company Tract being Parts 12, 13, 15, 16 and 17 on Reference Plan 58R-16652 to allow The INCC Corp. to use the said property for the purpose of a parking lot, landscaped areas, access to adjoining lands and other similar or collateral uses in conjunction with their commercial and retail operation on adjoining lands. The License Agreement dated December 10, 2009 was registered as Instrument Number WR509137 on December 11, 2009. REPORT: The Region has now determined that it requires the use of the said Parts 12, 13, 15, 16 and 17 and Part 14 on Reference Plan 58R-16652 and part of Glasgow Street as established by 4-1 Registered Plan 58M-485 (see attached Plans) to accommodate overland storm flow from the adjacent INCC Corp. development. The Regional storm flows will be passing over the Glasgow Street road allowance adjacent to Parts 12, 13, 15, 16 and 17 on Reference Plan 58R-16652. The said Glasgow Street road allowance is described as Part Lot 39, German Company Tract being Part 14 on Reference Plan 58R-16652 and part of Glasgow Street as established by Registered Plan 58M-485. Section 4.1(b) of the License Agreement registered as Instrument Number WR509137 provided that "the Property may be used only for the purposes set out in Section 1.1. hereof and such other uses as the Licensee may request in writing and the Licensor may approve in writing during the term hereof". Accordingly, The INCC Corp. (the "Licensee") has requested in writing that the City consent to the use of Part of Lot 39, German Company Tract being Parts 12, 13, 14, 15, 16 and 17 on Reference Plan 58R-16652 and part of Glasgow Street as established by Registered Plan 58M- 485 by the Region for overland storm flow purposes. The Region would like to enter into a license agreement with the City with respect to this proposed use on satisfactory terms to be negotiated with the City Solicitor. The City would not be charging any fee and is prepared to give the Region a long term license of 100 years. FINANCIAL IMPLICATIONS: There is no cost to the City and no revenue proposed as a result of this arrangement since The INCC Corp. paid for the lands and associated costs to acquire the lands at the time the City took title to the property. The Region will be responsible for any costs incurred with respect to registration of the license agreement. CONCLUSION: In order to facilitate the timely development of the adjacent lands owned by The INCC Corp. and address the overland storm flow from the adjacent lands to the Region's satisfaction, staff are seeking Council's endorsement of this approach in anticipation of all the details being worked out by the City Solicitor thereafter. 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