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HomeMy WebLinkAboutWD-6-85 4 CORPORATION OF THE TOWN OF NEWCASTLE PUBLIC WORKS DEPARTMENT R. DUPUIS, P.ENG., DIRECTOR HAMPTON,ONTARIO TEL.(416)263.2231 LOB 1JO 987-5039 REPORT TO THE GENERAL PURPOSE AND ADMINISTRATION COMMITTEE MEETING OF FEBRUARY 4, 1985. REPORT NO. : WD-6-85 SUBJECT: RELEASE OF PART 2, PLAN IOR-708 WITH RESPECT TO THE REQUIREMENTS OF A SUBDIVISION AGREEMENT BETWEEN THE TOWN AND DARLINGTON INDUSTRIAL ESTATES RECOMMENDATION: It is respectfully recommended: 1. That this report be received; and, 2. That the law firm of Levstein, Bradshaw and Wolkowicz, 1543 Victoria Park Avenue, Suite 201, Scarborough, Ontario, MIL 2T3, be advised that the Town of Newcastle does not consider it desirable to provide a release of Part 2, Plan 1OR-708, with respect to the requirements of a subdivision agreement between the Town and Darlington Industrial Estates; and, 3. That a copy of this report be forwarded to that law firm. . . . .2 x (<) Page 2 REPORT NO. WD-6-85 REPORT: The attached correspondence has been received requesting the Town to release Part 2, Plan 1OR-708 from an outstanding subdivision agreement registered against the said lands. The matter of the developer's obligations in Darlington Industrial Estates has been outstanding for some time and to date, due to a slow moving industrial real estate market and cash flow difficulties, the matter has not been finally resolved. Thus, any requests for clearance must be responded to with the position that the subdivision agreement is not in good standing. This appears to be the only mechanism, short of legal action, to pressure the developer into completing his obligations. Initially, it was believed that the unfulfilled obligations could be reconciled through taxes, however, it has since been determined that legislation does not allow this. With respect to the request at hand, the following should be considered: 1 . The current owner of Part 2, Plan 1OR-708, obviously purchased that parcel under the present circumstances, i .e. , with the Subdivision Agreement as a cloud on title. Thus any releases provided by the Town would improve the disposition of the property; 2. Any concessions would erode the Town's position with respect to future enforcement of the subdivision agreement. Ultimately, through piecemeal disposals of parcels in the subdivision, and subsequent releases by the Town, all obligations on the part of the original developer could be eliminated. .. ..3 Page 3 REPORT NO. WD-6-85 In light of the above, it is recommended that the request of the solicitors representing the current owner of Part 2, Plan IOR-708, be denied. Respectfully submitted, / ` R.G. Dupuis, P. Eng., Director of Public Works. RGD:j co January 30, 1985. Attachment LEVSTEIN, BRADSHAW & WOLKOWICZ BARRISTERS. SOLICITORS. NOTARIES PHILIP BRADSHAW. B.A..LL.D. 154. VICTORIA PARK AVENUE, SUITE 201 IVOR LEVSTEIN. B.A., LL.B ^ R, � SCARBOROUGH. ONTARIO MIL ZT3 IRVING WOLKOWICZ. B.A.. B.C.L., LLB. (416) 752.8810 J, CHARLES A. MORRISON. B.A.. LL.B {✓ 'l I�' r/ ,'� �(1�� OF G[NOURSt WE[KOAY 9.30 A.M.TO 9 R.M. I l J fRIOAY TILL[.10 f.M. Works Department TOMNI Town of Newcastle PULL„�, W;,rtXS 2 nd January, 1985 �.;� Hampton, Ontario LOB 1JO REFER OUR FILE 8412-61W REPLY TO THE ATTENTION OF: Attention: Mr.Ron Dupuis IRVING WOLKOWICZ Dear Sirs: Re: Part of lot 28, Broken Front Concession of the Geographic Township of Darlington, designated as Part 2, Plan IOR-708 JACK ZURBA Please be advised that we act on behalf of the above noted vendor in the proposed sale of the above property schedulled to be concluded on 31st January, 1985. We understand from discussions with the solicitor for the purchaser, Mr. Morris Edelstein, and in discussions with your offices, that there currently exists an outstanding Development Agreement registered against the lands in question. It would appear that the developer of this subdivision is in default of his obligations and, as a result, compliance for the purpose -of purchase cannot be obtained. We are advised that the vendor, Mr. Jack Zurba, has no relation to the developer and is only seeking to sell the property at this time for his own financial purposes. We would kindly request that a release on the above lot from the existing Development Agreement be executed in order to allow for successful completion of the transaction. We understand a meeting of the Town Council shall be held on llth February, 1985 and I would appreciate if you could contact the writer as to the results of- this meeting. We, shall be extending the transaction for several weeks until such time as we hear from you. Yours very truly, LEVSTEIN, BRADSHAW & WOLKOWICZ Per: IRVING WOLKOWICZ IW/i l �-