THAT Council receive Staff Report PBS.25.091, entitled “Recommendation Report – Request to Purchase portion of Railway Street”;
AND THAT Council enact a By-law to lift the 0.3 metre reserve described as Block B on Registered Plan 811;
AND THAT Council enact a By-law to Stop Up and Close the Railway Street Road Allowance and deem the lands surplus to the needs of the Corporation;
AND THAT Council direct staff to proceed with the following Option:
- Option 4 – Transfer Entire Road Allowance to Applicant
THAT Council approve the transfer of the entire Railway Street Road Allowance to the applicant, with the lands to be merged with the purchaser’s property and used for driveway/access purposes only, and at the purchase price set at the proposed value of $300,000, reflective of the intended use;
AND THAT the transfer agreement include a restriction on use limiting the use of the conveyed lands to driveway and access purposes only;
AND THAT Council authorize the Mayor and Clerk to execute the Agreement of Purchase and Sale and all documentation required to complete the sale;
AND THAT all costs associated with the transfer of the lands be the responsibility of the purchaser.