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HomeMy WebLinkAboutWD-64-88 TOWN OF NE`.' CASTLE REF- NEETINGS: GENERAL PURPOSE AND ADMINIST-`. MEETIC3 DATE: 0 `IOBER 17, 1988 'PORT i': ',:D-64-88 FILE #: :; ,ACT: PURCHASE OF LAND AT THE SOUTF, CORNER OF LIBERTY AND BASELINE ROAD i ZECOMMENDATIOHS: j It is respectfully recommender. -.':wt the General Purpose and Administration Committee recd;' to Council the following: 1. THAT this report be rece;. In Camera; and 2. THAT the Town purchase a :_ -.-el of land consisting of approximately 3,617 square feet, locatF: the south/east corner of Liberty Street and Baseline Road for $3<: : ,'i; and 3. THAT the cost of this purcli--se be drawn from the Roads Capital Reserve Fund. i I i 4. THAT Council authorize the_ .._,ro r and Clerk to execute the Agreement of Purchase and Sale and ty the necessary by-law be passed. (Attachment No.l) REPORT • I 1.0 BACKGROUND 1.1 Baseline Road from Liberty,- c,`.reet to Soper Creek was reconstructed in 1987 (Contract T87-17) . i i Page 2 WD-64-88 1.2 In orUer to -provide the required .,rning radius and to provide for good visibility for north bound traffic on Liberty Street proceeding j east bound on Baseline Road, a parcel of land is required at the south:/east corner of the intersection of Liberty Street and Baseline Road (Refer to k. tachment No.2) For various reasons, the required land was not purchased in 1987 and the intersection was reconstructed with less than the required turning radius. 2.0 COMMENT j 2.1 Most of the land adjacent to Baseline Road, east of Liberty Street, is zoned industrial and there are several industrial buildings located there now. As a result, a large proportion of the traffic using the intersection consists of large trucks. 2.2 In March, 1988, Frank Sworik of F.A: Sworik and Associates was retained to provide an appraisal report and to negoiate with the owners of the proparty for the land required by the Town. 2.3 Frank Sworik is an accredited appraiser and has several years experience with the Ministry of Transportation as an Appraiser and Land Purchase Agent. 2.4 Mr. Sworik has provided an appraisal report and under my direction has negoitated an "Offer to Sell" with the owners' of the land, 608607 Ontario Incorporated. 2.5 The "Offer to Sell" provides for the purchase of the required land, approximately 3,670 square feet, for $32,000. The offer also requires the owner to remove the existing residence and foundations and backfill the excavation with clean fill at their expense. The Town is required, in addition to the compensation of $32,000, to provide the owners with a standard entrance according to the Town's standards, approxiamtely 130 feet east of Liberty Street and provide the vendor with a registered survey on or before closing. 3.0 RECOMMENDATION 3.2 I have reviewed the appraisal report and recommend that the required parcel of land be purchased and that the cost be funded from the 1988 Capital Public Works Budget. I I . . .3 Page 3 WD-64-88 4.0 REVIEW WITH THE TREASURER 4.1 This report has been reviewed with the Treasurer who concurs with i the recommendation. II Respectfully submitted, Recommended for presentation to the Committee, Walter A. Evans, P. Eng., Lawrence E. Kotseff, Director of Public Works. Chief Administrative Officer. :llv September 29, 1988 i i i III o j i