HomeMy WebLinkAboutAdmin-9-96THE CORPORATION OF THE TOWN OF NEWCASTLE
V 4:01 N11
Meeting: COUNCIL
Date: APRIL 29 1996
Report #: ADMIN. 9 - 9 6File #:
Subject:
Clarington Place Limited
Purchase of lands from the Municipality of Clarington
Recommendations:
File #---
Res. #
By -Law #
It is respectfully recommended that Council approve the following:
1. That Report ADMIN. 9 - 96 be received;
2. That subject to written concurrence of Clarington Place Limited to an
extension of the closing date being received by the Municipality prior to
April 29 1996, the closing date of the Agreement of Purchase and Sale
between the Municipality and Clarington Place Limited, which was
authorized by Council's approval of Report PD -58-95, be extended to May
31, 1996, with the other terms and conditions of the Agreement remaining
the same; and
3. That Clarington Place Limited be advised of Council's decision.
REPORT:
We are enclosing herewith a letter from the Municipal Solicitor in connection
with the Agreement pertaining to Clarington Place Limited and the Municipality
of Clarington, which we believe you will find self-explanatory.
We would recommend that Council approve the following resolution:
THAT, subject to written concurrence of Clarington Place Limited to an
extension of the closing,date being received by the Municipality prior to
April 29 1996, the closing date of the Agreement of Purchase and Sale
between -the Municipality and Clarington Place Limited, which was
authorized by Council's approval of Report PD -58-95, be extended to May
31, 1996, with the other terms and conditions of the Agreement remaining
the same.
Rspectfully submitted,
W. H. Stockwell,
Chief Administrative Officer
WHS : not
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DENNIS- C. HEFFERON
sarrnisr� & souciron
C_/ J
TWephons (41,8) 383-2443
FOGSirniie (418) 36 2448
Suits 2600
130 Adolaide StrW Wept
TORONT04 ONTARIO
M6H ' 3PS
TOX , Box 118
BY FAX
Mr., Wit K Stockwell
thief Administrative Officer
Mulic!PalitY of Clarington
4+0 Temperance Street
Bowmanvitle, Ontario L1C 3A8
Dear Mr. Stockwell.:
April 26j, .11996
fie: Clarington Place Limited
Purchase of Lends from the Municipality of Clarington'
Your File: L07*CL
,4t its rneetingof March 25, 1996, Council authorized the extension of
the closing date of "the above transaction to Apr1*1 30, 1996 by adopting the
recommendation contained in Report #Admin 6-96, Attached to the Report was
a letter from me dated March 20, 1996 in which ! described the progress that
had been made in settling the zoning and various servicing arrangements with
respect to the Clarington Place lands. The completion of the above transaction
is conditional on the execution of a -development agreement with the
Municip�l�ty and other agreements as well 2�s the& 9 oin
secun y wl
resWt #o the construction of new roads, streetscapin� and storm sewers and
security respecting the contribution of Clarington Place Limited to the
urbanization of Highway No. 2.
Before the development agreement with the Municipality can be signed,
a Servicing Agreement between Clarington Place Limited and the Region of
Durham must be executed to deal with certain regional works. Unfortunately,
IF
a problem has recently been identified which must be resolved before the
Servicing Agreement with the Region can be executed. It involves some
engineering redesign work by the developer's consultant to tike into account
an existing fibre optics cable under Highway No. 2, The engineering work
apparently has not been completed and will not be completed in sufficient time
i
- Page 2 -
to allow- the development agreement between Clarington Place Limited and the
Region to kis executed prior to April 3p., 1596. As a result the development
agreement and other agreements with the Municipality which are referred to
above, -also cannot b
e executed by April 3Q, 19966
accordingly, 1 recommend that Council be asked to piss the following
resolution at its meeting on April 29, 1996:
THAT, subject to written concurrence of Clarington Plane Limited to an
extension of the closing date being received by the Municipality prior on
April Z9. 1998, the closing date of the Agreement of Purchase and Sale
between the Municipality and Clarington Place Limited which was
authorized by Council's approval of Report #PD�58-95, be extended to
May 31, 1996, with the other terms and conditions of the Agreement
reinino the .same.
DCHha:
Yours truly,
�f4/\1
Dennis C. Hetfe n