HomeMy WebLinkAboutTR-61-88 TOWN OF NEWCASTLE
�C REPORT File #
I , Res. #
By-Law #
MEETING: GENERAL PURPOSE & ADMINISTRATION COMMITTEE
DATE: July 18, 1988
REPORT #:TR-61-88 FILE #:
SUBJECT:
DISPOSAL OF ARENA PROPERTY - QUEEN STREET
RECOMMENDATIONS:
It is respectfully recommended that the General Purpose and
Administration Committee recommend to Council the following:
1. That report TR-61-88 be received for information.
BACKGROUND & COMMENTS:
At the Committee Meeting of July 4, 1988, Resolution # G.P.A. 503-88
directed that staff meet with Mr. J. Locke to determine his interest in
the arena site and report to the General Purpose and Administrative
Committee on July 18, 1988.
Further to the above, staff met with Mr. Locke and were advised that the
proposed venture would be registered as a non profit corporation with its
purpose being to operate a 125 one and two bedroom senior citizen's
apartment complex. Said facility would include a library, recreation
room, dining area and chapel.
. . .2
TR-61-88 Page 2
The centre would be administered through a management team composed of
United Church Renewal Fellowship directors. A monthly charge for the
rental units would be based on income available under current provincial
guidelines.
Staff indicated to Mr. Locke that Council has authorized disposal of the
property and that his request for a one year moratorium was unreasonable.
He was also advised, that the property would be publicly advertised and
those submitting quotes would be required to provide specific aspects
regarding the proposed use of the property including design and general
architectural aspects. The intention of this approval is to ensure that
any proposed development enhances the general area of downtown
Bowmanville. Prospective interest in the subject property will be given
an appropriate amount of time (approximately 2 months) to respond to the
advertisement for sale.
Mr. Locke was further informed, that the property is presently being
reappraised, in order to update aspects related to the market value of
property. Subsequently, the property would be disposed of in accordance
with Town policy and Council directive. Accordingly, it would be
inappropriate and premature at this time to consider the offer to purchase
of Mr. Locke as indicated in Mr. Locke's correspondence to members of
Council distributed under separate cover. It should be indicated that
several inquiries with respect to this property have surfaced and each
interested party has been given consistent information as to the process
Council will be following regarding disposal of the subject property.
Respectfully submitted, Recommended for presentation
to the Committee
4 J.R. Blanchard, L wren ce E. 0 seff,
Treasurer. Chief dmi ist,ative Officer.
JRB/pp