Report of Closed Session
City
Solicitor and Director of Legal Services
Report
OCSRE17-006
Sale of
1820 Fisher Drive to 2260975 Ontario Ltd.
That
Council approve the recommendations outlined in Report OCSRE17-006 dated May
29, 2017, of the City Solicitor and Director of Legal Services, as follows:
a) That
a by-law be passed to authorize the sale of 8.25 acres of un-serviced
industrial
lands (being Part 2 on the Draft Reference Plan) located at 1820 Fisher Drive
to 2260975 Ontario Ltd. for $123,750 ($15,000 per acre); and
b) That
a by-law be passed to authorize the sale of approximately 9.0 acres of
serviced
lands (being Part 1 on the Draft Reference Plan) located at 1820 Fisher Drive
to 2260975 Ontario Ltd. for $360,000 ($40,000 per acre).
"CARRIED"
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