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5. sale of lAND – 2809 glenwood drive – lot 35, plan 4m-896
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COMMITTEE RECOMMENDATIONS
That Council:
1.
Declare the property known municipally as 2809 Glenwood
Drive, containing approximately 0.274 ha (0.677 ac.), described as being Lot
35, Registered Plan 4M-896, in the City of Ottawa and shown hatched on Annex
‘A’ attached, as surplus to the City’s needs;
2.
Approve the sale of the property detailed in
Recommendation 1, subject to a drainage easement described as Part 25, Plan
4R-9968, to Peter J. Richard, for the amount of $40,000 plus GST, pursuant to
an Agreement of Purchase and Sale that has been received.
RECOMMENDATIONS DU COMITÉ
Que le Conseil :
1.
déclare
excédentaire, par rapport aux besoins de la Ville, la propriété portant
l’adresse municipale 2809, promenade Glenwood, ayant une superficie
approximative de 0,274 hectare (0,677 acre), décrite comme le lot 35, plan
enregistré 4M-896, ville d’Ottawa, et illustrée par la partie hachurée de
l’annexe A;
2.
approuve
la vente de la propriété visée à la recommandation 1, sous réserve d’une
servitude de drainage décrite comme la partie 25 du plan 4R-9968, à Peter J.
Richard, pour la somme de 40 000 $ (TPS non comprise), conformément à une
convention d’achat et de vente qui a été reçue.
Documentation
1.
Chief
Corporate Services Officer’s report dated 25 January 2006
(ACS2006-CRS-RPM-0024).
Report
to/Rapport au :
Corporate Services and Economic Development Committee
Comité des services organisationnels et du
développement économique
and Council / et au Conseil
25 January 2006 / le 25 janvier 2006
Submitted by/Soumis par : Greg Geddes, Chief Corporate Services Officer/
Contact Person/Personne
ressource : Gordon MacNair, Acting Manager, Real Estate Services
Real Property Asset Management/ Gestionnaire par intérim, Services
immobiliers, Gestion des biens immobiliers
(613) 580-2424 x 21217, Gordon.MacNair@ottawa.ca
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SUBJECT: |
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OBJET : |
VENTE DE TERRAIN – LOT 35, PLAN 4M-896 - 2809, PROMENADE
GLENWOOD
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REPORT
RECOMMENDATIONS
That the Corporate Services and Economic Development Committee recommend
that Council:
1. Declare the property known municipally as 2809 Glenwood Drive, containing approximately 0.274 ha (0.677 ac.), described as being Lot 35, Registered Plan 4M-896, in the City of Ottawa and shown hatched on Annex ‘A’ attached, as surplus to the City’s needs;
2. Approve the sale of the property detailed in Recommendation 1, subject to a drainage easement described as Part 25, Plan 4R-9968, to Peter J. Richard, for the amount of $40,000 plus GST, pursuant to an Agreement of Purchase and Sale that has been received.
RECOMMANDATIONS DU RAPPORT
Que le Comité des services organisationnels et
du développement économique recommande au Conseil :
1. de déclarer excédentaire, par rapport
aux besoins de la Ville, la propriété portant l’adresse municipale 2809,
promenade Glenwood, ayant une superficie approximative de 0,274 hectare
(0,677 acre), décrite comme le lot 35, plan enregistré 4M-896, ville d’Ottawa,
et illustrée par la partie hachurée de l’annexe A;
2. d’approuver la vente de la propriété
visée à la recommandation 1, sous réserve d’une servitude de drainage décrite
comme la partie 25 du plan 4R-9968, à Peter J. Richard, pour la somme de
40 000 $ (TPS non comprise), conformément à une convention d’achat et de
vente qui a été reçue.
BACKGROUND
The subject property, known municipally as 2809 Glenwood Drive, is located in Rosemeadow Subdivision in the former Village of Metcalfe. Lot 35, Plan 4M-896 was conveyed to the Township of Osgoode by 3190170 Canada Ltd., together with three other lots to be held as security pending completion of all obligations as required under the Subdivision Agreement registered on 25 February 1994.
3190170 Canada Ltd. notified the
City on 24 November 2004 that they would not be able to fulfill their
obligations as required under the Subdivision Agreement. They also confirmed the City’s intent to
draw on the remaining securities to have all outstanding works completed which
includes a top lift of asphalt on the roads and some remedial work on the
ditches and culverts in the subdivision.
DISCUSSION
The purchaser, through the offices of Coldwell
Banker – Coburn Realty, has submitted an offer in the amount of $40,000 to
purchase the subject lot in the Rosemeadow Subdivision.
The sale of the subject property is required to off-set the cost of completing outstanding works in the Rosemeadow Subdivision. The property was circulated to all City Departments and there was no requirement indicated to retain the property in City ownership. An external and utility circulation determined that there was no other interest in the property. Although the cost of the work has not been finalized, staff has indicated that it could result in a cost to the City of approximately $125,000 if the four lots are not sold to cover these costs. Council considered one lot on 25 January and the other two lots are currently listed for sale.
The sale price is in keeping with the market value estimated by an independent appraisal. The current zoning is R [191] Residential Zone. The intended use of the property by the Purchaser is the construction of a single- family residence, which is in compliance with the current zoning.
The offer is considered fair and
reasonable and is recommended for acceptance.
CONSULTATION
In accordance with policies approved by City Council on 14 November 2001, the availability of the property was circulated to all client City Departments, including the Housing Branch, Public Works and Services and Planning and Growth Management, to determine if the parcel should be retained for a City mandated program. The circulation of this property predated the implementation of the new circulation practices and only the Local Architectural Conservation Advisory Committee Co-ordinator was circulated. Neither the Housing Branch nor any other City Department expressed interest in retaining the property. The utility companies were also circulated and no requirements were indicated. Consultation was also undertaken with Planning and Growth Management, Environmental Management Group, with respect to the Greenspace Master Plan and their comments are indicated under the Environmental Implications section of this report. The ward Councillor has been made aware of the intent to dispose of the subject property and supports staff’s recommendation.
ENVIRONMENTAL IMPLICATIONS
The proposed surplus property declaration and sale of 2809 Glenwood Drive will not impact upon the natural environment interests of the City. This site within the Village of Metcalfe is designated as residential in the Village Plan. The lot has previously been cleared and supports limited vegetation. This property is not needed to support any of our natural environment objectives within the City’s Official Plan or in either of the drafts for the Greenspace Master Plan or the Forest Strategy.
HOUSING FIRST POLICY
The Official Plan policy directs that the City make land available for affordable housing and give priority for the sale or lease of surplus City-owned property for this purpose.
The Housing First Policy approved by Council on 13 July 2005, establishes priority consideration to the Housing Branch in the identification of potentially surplus City-owned property, to be used in achieving the City’s affordable housing program targets. The policy also requires that the Official Plan target of 25% affordable housing, be met on any City-owned property sold for residential development. Where viable residential properties are disposed of without a condition requiring an affordable housing component, 25% of the proceeds from the sale are to be credited to a housing fund to be used for the development of affordable housing elsewhere in the City.
The subject property is zoned residential and was transferred to the City as security for the completion of works in accordance with subdivision approval. The property therefore does not meet the affordable housing criteria outlined in the Housing First Policy.
FINANCIAL IMPLICATIONS
This transaction represents
revenue of $40,000 to the Corporation less real estate commission in the amount
of $2,200. The balance will be credited
to a Public Works and Services Account No. 134162-407005.
SUPPORTING DOCUMENTATION
Attached, as Annex "A" is a sketch showing the surplus property.
DISPOSITION
Following Council’s approval, Real Asset Property Management and Legal Services Branches will finalize the Agreement of Purchase and Sale.
