That Report RS2025-002, Proposed Surplus Declaration, Closure and Sale of a Portion of Road Allowance adjacent to 100 and 114 Front Street East and 27 Anne Street, Bobcaygeon, be received;
That the subject property, being a portion of road allowance adjacent to 100 and 114 Front Street East and 27 Anne Street, and legally described as Prince Street on Plan 70 between Main Street & Front Street; Kawartha Lakes, being Part of PIN: 63130-0284 (LT), be declared surplus to municipal needs;
That the sale of the portion of road allowance to the adjoining landowners 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 portion of road allowance merge with the purchaser(s)’s adjacent properties on closing);
That, if one of the adjacent landowners decides they do not wish to proceed with purchasing their respective portion of the road allowance, that portion of the road allowance be sold to the remaining purchasers;
That, if necessary to clear title, 100 Front Street East be required to consent to the dismissal of the existing encroachment agreement registered on title;
That Council set the value of the land at the set price of $2.50 per square foot of interior road allowance, unless the purchaser wishes 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 portion of 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.