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HomeMy WebLinkAboutPD-76-84 6 ° `�G' i REPORT #2 CORPORATION OF THE TOWN OF NEWCASTLE PLANNING AND DEVELOPMENT DEPARTMENT T.T.EDWARDS,M.C.I.P.,Director HAMPTON,ONTARIO LOB UO TEL.(416)263-2231 REPORT TO THE COUNCIL MEETING OF MARCH 26, 1984 REPORT NO. : PD-76-84 SUBJECT: SUBDIVISION AGREEMENT - FILE: 18T-78006 NEWCASTLE SHORELINE PROPERTIES LIMITED PART LOT 25, B.F.C. , FORMER VILLAGE OF NEWCASTLE RECOMMENDATION: It is respectfully recommended to Council that 1 . The Report PD-76-84 be received; and * 2. That the attached By-law authorizing the execution of an agreement between Newcastle Shoreline Properties Limited and the Corporation of the Town of Newcastle be passed; and 3. That the Town Clerk and Mayor be authorized to execute the subject Subdivision Agreement upon payment of all monies due under the terms of the Subdivision Agreement. REPORT NO. : PO-76-84 Page 2 BACKGROUND AND COMMENT: Plan of Subdivision 18T-78006 was draft approved by the Minister of Housing on April 14, 1980. The Plan covers a 6.25 hectare (15.45 acre) parcel of land in Part Lot 25, Broken Front Concession, former Village of Newcastle and involves the development of seven estate residential lots on i the south side of Lakeshore Road. On March 1 , 1982, Council approved By-law 82-27 which authorized the Town to enter into a Subdivision Agreement with Newcastle Shoreline Properties Limited with respect to the subject lands. However, on January 10, 1983, Council adopted a resolution advising Newcastle Shoreline Properties that failing payment of monies outstanding pursuant to the terms of the Subdivision Agreement by March 1 , 1983, that said Agreement shall be subject to renegotiation. Inasmuch as the company failed to pay the monies by the specified date, the Agreement became subject to renegotiation. Newcastle Shoreline Properties recently approached the Town regarding having the Agreement updated and executed. Staff are satisfied with the previously approved Agreement , but note that the development charges payable under the Agreement, have been revised to reflect 1984 lot levies, and to incorporate a levy for rural fire protection and a share of the upgrading of the CNR underpass on Mill Street. As well , the Works Cost Estimate has been updated to reflect 1984 costs. (. . . .3 REPORT NO. : PD-76-84 Page 3 Staff have prepared a By-law (attached) authorizing the entering into the Subdivision Agreement, and repealing By-law 82-27. It is recommended that Council approve the by-law and that the Clerk and the Mayor be authorized to execute the subject Subdivision Agreement upon payment of all monies due under the terms of the Subdivision Agreement. Respectfu b ' ted, i2!P {, T.T. Edwards, M.C.I.P. rr Director of Planning tt JAS*TTE*jip *Attach. March 14, 1984 Applicant: Mr. D.J. Plitz Newcastle Shoreline Properties Limited R.R. #2 CLAREMONT, Ontario LOA lEO THE CORPORATION OF THE TOWN OF NEWCASTLE BY-LAW NUMBER 84- 44 f H " t being a By-law to authorize the entering into of an Agreement with Newcastle Shoreline Properties Limited. The Council of the Corporation of the Town of Newcastle hereby enacts 1 F as follows: 1. THAT the Mayor and Clerk are hereby authorized to execute on behalf of the Corporation of the Town of Newcastle, and seal with the ( ' Corporation's seal , an Agreement between Newcastle Shoreline Properties Limited and the said Corporation dated the day of C .t 1984, in the form attached• heret t"Schedule "V. 2. THAT Schedule "X" attached hereto forms part of this by-law. 6. i 4 3. THAT By-law 82-27 is hereby repealed. BY-LAW read a first time this 26th day of March 1984 BY-LAW read a second time this 26th day of March 1984 Y BY-LAW read a third time and finally passed this 26th day of March 1984 G. B. RICKARD, MAYOR LERK 1.5 5 i i ;: .. ; Fi'e