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6. sale of lAND
– 8343 rosefire drive – lot 45, plan 4m-896
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COMMITTEE RECOMMENDATIONS
That Council:
1. Declare
the property known municipally as 8343 Rosefire Drive, containing approximately
0.30 ha (0.74 ac.), described as being Lot 45, 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 44, Plan 4R-9968, to Nicholas Kanellos and Isobel
Kanellos, 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 8343, promenade Rosefire, ayant une superficie
approximative de 0,30 hectare (0,74 acre), décrite comme le lot 45, 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 44 du plan 4R-9968, à Nicholas
Kanellos et Isobel Kanellos, 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 10 January 2006
(ACS2006-CRS-RPM-0001).
Report
to/Rapport au :
Corporate Services and Economic Development Committee
Comité des services organisationnels et du
développement économique
and Council / et au Conseil
10 January 2006 / le 10 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 – 8343, PROMENADE ROSEFIRE LOT 45, PLAN
4M-896
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REPORT
RECOMMENDATIONS
That
the Corporate Services and Economic Development
Committee recommend that Council:
1. Declare the property known municipally as 8343 Rosefire Drive, containing approximately 0.30 ha (0.74 ac.), described as being Lot 45, 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 44, Plan 4R-9968, to Nicholas Kanellos and Isobel Kanellos, 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 8343, promenade Rosefire, ayant une superficie
approximative de 0,30 hectare (0,74 acre), décrite comme le lot 45, 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 44 du plan 4R-9968, à Nicholas
Kanellos et Isobel Kanellos, 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 8343 Rosefire Drive, is located in Rosemeadow Subdivision in the former Village of Metcalfe. Lot 45, 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 sale of the subject property is required in order to off-set the cost of completing outstanding works in the Rosemeadow Subdivision. 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. 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.
The property was listed for sale through the offices of Coldwell Banker – Coburn Realty at an asking price of $45,000.
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 Local Architectural Conservation Advisory Committee Co-ordinator, Housing Branch, and Planning and Growth Management to determine if the property should be retained for a City mandated program. Neither the Housing Branch nor any other City Department expressed interest in retaining the property. External agencies and utility companies were also circulated and no requirements were indicated. The ward Councillor has been made aware of the intent to dispose of the subject property and is in support of staff’s recommendation.
ENVIRONMENTAL IMPLICATIONS
The proposed surplus property declaration and sale of 8343 Rosefire 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. As a result of these factors, and the location of the lot within the Village of Metcalfe, 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.
FINANCIAL IMPLICATIONS
This transaction represents revenue of $40,000 to the Corporation. The proceeds of the sale, less all costs such as real estate fees, appraisal costs etc. 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
Corporate Services Department - Real Estate Services Division to finalize the
Agreement of Purchase and Sale
Legal Services to finalize transaction.
