HomeMy WebLinkAboutWD-26-88 TOWN OF NEWCASTLE
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REPORT File #
Res.
By-Law #
MEETING: GENERAL PURPOSE AND ADMINISTRATION MEETING
DATE: APRIL 18, 1988
REPORT #: WD-26-88 FILE #:
SUBJECT: URBAN VS RURAL ROAD CROSS SECTION FOR THE SERVICING
OF THE SOUTH BOWMANVILLE INDUSTRIAL PARK
RECOMMENDATIONS:
It is respectfully recommended that the General Purpose and
Administration Committee recommend to Council the following:
1. THAT this report be received for information;
REPORT
1.0 BACKGROUND
1.1 At the meeting of Council held on Monday, April 11, 1988 the
following resolution was passed:
THAT Staff Report PD-31-88 be forwarded for consideration
to the Council Meeting of April 25, 1988;
AND WHEREAS the said lands are being listed at current
market value, that the Director of Planning, the
Director of Public Works, and the Treasurer meet with
the developers of the South Bowmanville Industrial Park
to discuss the financing of services relating to draft
conditions of subdivision approval and local road
improvements and report back to the General Purpose and
Administration Committee by April 18, 1988.
. . .2
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REPORT WD-26-88
III
2.0 RESULTS OF THE MEETING
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2.1 On Monday, April 11, 1988 a meeting was held with
representatives of the developers (Memphis Holdings)
to discuss the issues raised in the above noted resolution.
The following were present:
Richard Sobottka - Senior Vice President, The Buchman
Group of Companies
Steven Frank - W. Frank Real Estate Limited
Susan Rogers - Solicitor, Goodman & Carr
Dennis Szechy - Inducon
Elana Bridgeman - Inducon
Walter Evans - Director of Public Works
Terry Edwards - Director of Planning & Development
John Blanchard - Treasurer
3.0 ITEMS DISCUSSED
3.1 Financing of the construction of the Road and Storm Sewers
by means of the Local Improvement Act
3.1.1 After some discussion, Mr. Sobottka stated that financing
the construction of the road and storm sewers by means of
of the Local Improvement Act provides no benefit to them
and they are not interested in pursuing the matter further.
3.2 Listing of All Costs
3.2.1 The Developers were asked if they would be willing to
provide a "Pro Forma", that is, a summary at all costs
related to the land to arrive at a "cost of serviced land" .
. . .3
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REPORT WD-26-88
3.2.2 The answer was no, as much of the required information
is private and confidential.
3.2.3 It was agreed that a summary of the "servicing costs"
would be included in the report to reflect all of the
known servicing costs.
3.2.4 Following is the summary, based on available information.
COST/ACRE
RURAL URBAN RURAL URBAN
Roadwork $1,037,000 $1,413,000 $7,391 $10,071
Storm Sewers 0 938,000 0 6,686
Sub Total $1,037,000 $2,351,000 $7,391 $16,757
Sanitary Sewers,
Watermains &
Watercourse Improvments 2,649,000 2,649,000 18,881 18,881
Sub Total 3,686,000 5,000,000 26,272 35,638
External Roads 132,500 132,500 944 944
(Lake Road)
$3,818,500 $5,132,500 $27,217 $36,582
Difference: $9,365
*Based on 140.3 net acres
3.3 Schedule for Construction of the Road
3.3.1 The Developer advised that the schedule for the construction of
the road will be dependent upon the rate of sales of lots in the
subdivision.
. . .4
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REPORT WD-26-88
3.4 Market Value
3.4.1 The Developers confirmed that the land would be sold for
market value.
3.5 Lot Levy
3.5.1 The possibility of the Town financing the difference
in cost between the urban and rural cross-section by means
of a lot levy payable at the time of sale of the land
was discussed. This suggestion was not met with a positive
response.
3.6 Letter from Developers
3.6.1 The Developers advised that they would be meeting as a
group on Wednesday, April 13 and would respond to the
above matters by letter. It was intended that this letter
would be available by Thursday so that it could be included
with this report.
3.6.2 The letter is not available at the time of writing this
report.
Respectfully submitted, Recommended for presentation
to the Committee,
A-ff
Walter A. Evans, P. Eng., Lawrenc Kotseff,
Director of Public Works. Chief A mi istrative Officer.
:llv
15 April 1988