That Report RS2018-017, Surplus Declaration and Proposed Disposition by Long Term Lease of City-Owned Property, be received;
That the northern portion of property municipally known as 68 Lindsay Street North and legally described as LT 4 E LINDSAY ST NO RIVER, 5 E LINDSAY ST N RIVER, 6 E LINDSAY ST N RIVER, 7 E LINDSAY ST N RIVER, 8 E LINDSAY ST N RIVER, 9 E LINDSAY ST N RIVER, 10 E LINDSAY ST N RIVER, 11 E LINDSAY ST N RIVER, 12 E LINDSAY ST N RIVER, 13 E LINDSAY ST N RIVER, 14 E LINDSAY ST N RIVER PL 12P; PT LT 15 E LINDSAY ST N RIVER, 16 E LINDSAY ST N RIVER, 17 EAST LINDSAY ST N RIVER PL 12P; PT LT 1 N/S QUEEN ST, 2 N/S QUEEN ST, 3 N/S QUEEN ST, 4 N/S QUEEN ST PL 15P; PT LT 4 W/S CAROLINE ST, 5 W/S CAROLINE ST, 6 W/S CAROLINE ST, 7 W/S CAROLINE ST, 8 W/S CAROLINE ST, 9 W/S CAROLINE ST, 10 W/S CAROLINE ST, 11 W/S CAROLINE ST, 12 W/S CAROLINE ST, 13 W/S CAROLINE ST, 14 W/S CAROLINE ST, 15 W/S CAROLINE ST, 16 W/S CAROLINE ST, 17 W/S CAROLINE ST, 18 W/S CAROLINE ST PL 12P PT 4, 5 57R5191 & PT 6 57R8136, in the Geographic Town of Lindsay, City of Kawartha Lakes, at the northeast corner of Queen Street and Lindsay Street North, Lindsay, and more specifically identified in Appendix A and Appendix B, be declared surplus to municipal needs and disposed of by long term (40 year) lease to the Kawartha Lakes Haliburton Housing Corporation for affordable housing;
That the property be disposed of on the condition that KLHHC undertake all site improvements at its sole cost;
That the disposition be on the condition that the Kawartha Lakes Haliburton Housing Corporation incorporate environmentally friendly standards into its construction;
That the disposition be on the condition that the Kawartha Lakes Haliburton Housing Corporation obtain, at its cost, a Record of Site Condition pursuant to the Ontario Environmental Protection Act, R.S.O. 1990, c. E. 19, as amended.
That the property be disposed of on the condition that, at the end of the term of the lease, the parties either enter into a new lease for KLHHC’s continued use of the property or the property be returned to the City – at the City’s option – as either a vacant site or with the building and/or other site improvements to remain;
That By-law 2018-020 be amended to add a further section 3.04(c): “Or (c) The disposition is to the Kawartha Haliburton Housing Corporation for the purpose of providing affordable housing.”; and
That By-law 2018-020 be amended to add a further section 10.03: “Exception: Section 10.01 does not apply to applications by the Kawartha Lakes Haliburton Housing Corporation, and the City will bear the cost of these transactions.”