That Report RS2025-038, Proposed Surplus Declaration, Closure and Sale of Road Allowances adjacent to Lot 2 and Lot 3, Concession 3, Laxton, be received;
That the subject property, being road allowances legally described as Part of the Road Allowance between Concession 2 and Concession 3; Laxton; Kawartha Lakes (Part of PIN: 63112-0209); and Road Allowance between Lot 3 and Lot 4, Concession 3, Laxton; Kawartha Lakes (PIN: 63112-0223), be declared surplus to municipal needs;
That the sale of the road allowance to the adjoining landowner be supported, in principle, in accordance with the provisions of By-Law 2018-020, as amended, and the Municipal Act, 2001, and subject to the parties entering into a conditional Agreement of Purchase and Sale (including a condition that the subject road allowance merge with the purchaser’s adjacent properties on closing);
That the sale of the road allowances be conditional upon the subject road allowances reverting to City ownership at the conclusion of the purchaser’s project term (estimated at 30 years);
That Council set the value of the land at the set price of $2.50 per square foot of interior road allowance, unless the purchasers wish to pay for an appraisal, in which case, Council set the value of the land at the lower of the set price of $2.50 per square foot of interior road allowance or the appraised value;
That staff be directed to commence the process to stop up and close the said road allowance;
That a by-law (with any amendments deemed necessary) to close the road and authorize its disposition shall be passed, if appropriate;
That a deeming by-law be passed contemporaneously with the disposition by-law, if required;
That the Mayor and Clerk be authorized to sign all documents to facilitate the road closing and conveyance of the lands; and
That these recommendations be brought forward to Council for consideration at the next Regular Council Meeting.