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Sale of Land - Land not Required for Waterfront Drive -

Humber Bay Shores - Rear of 2063 Lake Shore Boulevard

West (Ward 2 - Lakeshore Queensway)

The Corporate Services Committee recommends the adoption of the following report (October16, 1998) from the Commissioner of Corporate Services:

Purpose:

To authorize the sale of the property described in this report.

Funding Sources, Financial Implications and Impact Statement:

The property will be assembled with the adjoining private property for the nominal consideration of $2.00 to promote development and expand the City's tax base, and facilitate the implementation of various public objectives related to the Motel Strip (Humber Bay Shores) Secondary Plan.

Recommendations:

It is recommended that:

(1)the surplus property described as Part of the Water Lot Patented to John Duck, formerly in the City of Etobicoke, now City of Toronto, located at the rear (east) of 2063 Lake Shore Boulevard West, being vacant land comprising an area of approximately 88 m2 (945 sq. ft.) be sold to the abutting owner, Prombank Investment Limited, at 2063 Lake Shore Boulevard West for a nominal consideration of $2.00; and

(2)the appropriate City officials be authorized and directed to take the necessary action to give effect thereto.

Council Reference/Background/History:

City Council, at its meeting held on October 1 and 2, 1998, adopted, without amendment, Clause No. 25 contained in Report No. 13 of the Corporate Services Committee, thereby declaring the subject land surplus and directing staff to offer the property for sale to the abutting owner.

Comments and/or Discussion and/or Justification:

Extensive negotiations between adjacent owners and the Motel Strip Public Partnership (Toronto and Region Conservation Authority, the City of Etobicoke, and Metro Toronto) regarding property boundary rationalization was undertaken.

The parties to the aforementioned public partnership were authorized by their respective approval bodies to rationalize property holdings in the area to accomplish various objectives including the creation of a regional park and a waterfront road. Most of the real estate exchanges were completed in the last two years.

Once the detailed design of the road was completed, and its construction advanced, it became obvious that certain additional remnants west of the road (Parcels A and B on the attached sketch) which were originally acquired through a negotiated acquisition, were surplus to public needs and should be transferred to the abutting owners. Had the final road alignment been identified earlier, these parcels would have been incorporated into the original land exchange. Accordingly, pursuant to City Council direction, the abutting owner, Prombank Investment Limited, was approached and wishes to acquire this property for the nominal consideration of $2.00. This conveyance does not provide any density to the site and implements the finalization of the co-operative property boundary rationalization.

Conclusions:

The property is not required for municipal purposes and was declared surplus. Staff were directed to offer the property for sale to the abutting owner, and agreement was reached for a nominal $2.00 in furtherance of various public objectives related to the implementation of the Humber Bay Shores Regional Park in the context of co-operative property boundary rationalizations between the public and private owners.

Contact Name:

Mr. Francois (Frank) G. Bedard, Telephone: (416) 394-8096; Fax No.: (416) 394-8895; E-mail: fbedard@pathcom.com.

(A copy of the sketch, referred to in the foregoing report, was forwarded to all Members of Council with the November9, 1998, agenda of the Corporate Services Committee and a copy thereof is also on file in the office of the City Clerk.)

 

   
Please note that council and committee documents are provided electronically for information only and do not retain the exact structure of the original versions. For example, charts, images and tables may be difficult to read. As such, readers should verify information before acting on it. All council documents are available from the City Clerk's office. Please e-mail clerk@city.toronto.on.ca.

 

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