HomeMy WebLinkAboutTR-76-87 REPORT #4
TOWN OF NEWCASTLE
J
REPORT File #
Res. #
By-Law #
MEETING: COUNCIL
DATE: October 13, 1987
REPORT #: TR-76-87 FILE #:
SUBJECT: SALE BY DISPOSAL SD87-3, PROPERTY LOCATED AT PART LOT 29, CONCESSION V,
MAIN STREET, ORONO
RECOMMENDATIONS:
It is respectfully recommended to Council the following:
1. That this report be received; and
2. That the offer from Mr. and Mrs. Llyle West, in the amount of $150.00 for
the property located at Part Lot 29, Concession V, Main Street, Orono,
not be accepted; and
3. That the Town of Newcastle not dispose of said property.
BACKGROUND AND COMMENT:
Further to a previous recommendation from Council, staff had obtained an appraisal
of the property located at Part Lot 29, Concession V, Main Street, Orono. The
appraisal received from Property Valuators and Consultants Ltd. , Bowmanville,
estimated the value of the property at $870.00. Subsequently, staff was instructed
to liquidate the property.
A "Sale by Quotation" was publicly advertised which provided an opportunity for any
interested party to submit an "Offer to Purchase".
Bids were received and tabulated as follows:
Bidder Bid Amount
Mr. and Mrs. Llyle West $ 150.00
Orono, Ontario
Page - 2 -
TR-76-87
SALE BY DISPOSAL SD87-3, PROPERTY LOCATED AT PART LOT 29, CONCESSION V,
MAIN STREET, ORONO
A letter has been received from the Chairman of the Orono Downtown Business
Improvement Area requesting that the Town of Newcastle withhold the sale of this
land as it is felt it could be made use of in plans to revitalize the downtown area.
See Schedule "A" attached.
After further review of the situation and in view of the low bid received, staff
recommend that the bid from Mr. and Mrs. Llyle West not be accepted as offered and
that the Town of Newcastle not dispose of said property.
Respectfully submitted, Recommended for presentation
to the Committee,
Seri r X//
r y era
. Blanchard, rence Kotseff,
Treasurer. Chief i istrative Officer.
LAB/hjm
Attachment
SCHEDULE "A"
ORONO DOWNTOWN BUSINESS IMPROVEMENT AREA
Orono, Ontario
Town of Newcastle
Bowmanville, Ontario
Attention:
Larry Kotseff,
Chief Administrative Officer
Dear Larry
Further to our telephone conversation on
September 25th re : the sale of a pie-shaped piece
of land west of Main Street in the Orono Downtown area
I wish to inform you that the Orono D.B. I .A. would
ask the Town to withhold the sale of this land.
As stated over the phone the D.B. I .A. committee
has visited Elora and is to meet with a representative
of Heritage Canada on September 30th at 3 : 30 p.m.
There is a strong feeling within the membership of
the D.B. I.A. that lands owned by the Town, west of Main
Street , could be made use of in plans to revitalize
the downtown area.
Possibly we will see you on September 30th but if
not we will be in contact in the near future when ideas
could be discussed.
i
Yours truly
Roy Forrester
Chairman
Orono D.B. I .A.
I