MEMO TO: MAYOR & ALDERMEN April 13th, 1973

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FROM: R.A. FREEMAN ()
_ u

APR 16 1973

Street to Spruce Park Properties Ltd,

Jj

Re: Proposed Sale of Portion of Kennedy

At the regular Council meeting held on April 9th, 1973 the Council
requested further clarification with respect to the above noted matter and
we will attempt to do so in this memorandum and the attachments.

closing the portion of Kennedy Street and developine the City owned property

sed by the developer of the property
located immediately to the west of Kennedy

associated company of Spruce Park Properties Ltd.), Although this request
for a joint development was not approved — see attachment "A" hereto and
particularly the underlined section in the City's letter of June 30th, 1971
shown thereon ~ it is nevertheless correct to Say that the proposal to

clese Kennedy Street at Lincoln Avenue arose at that time at the request
of our Engineering and Planning Departments,

As will be seen from attachment "B" — letter from T.F. Roote Ltd.
dated August 16th, 1971 ~ the suggestion of a possible joint development was
accepted and in the underlined portion of the letter the Council will see
that a further meeting was requested to discuss this and the proposed
cancellation of Kennedy Street, Nothing further developes in this file
until the suggestion that the City should transfer ownership of its property
immediately to the east of Kennedy Street (Lot 203) to Meridian Developments
Ltd. in exchange for property owned by Meridian Developments in the City's
Ecological Area. Attachment "C" is a memorandum from “ir. Pollock dated
October 12th, 1972 and the plan that was attached to the memorandum is also
shown. This plan, incidentally, is the original sketch plan that was pre-
pared in the spring of 1971 when the proposal for the closure of Kennedy
Street and the joint development of the property by T.F. Roote Ltd. and the
City arose. We have underlined the last sentence in Mr, Pollock's memorandum
and the resolution mentioned therein is shown marked on attachment "D" which
is our letter of October 18th, 1972 to Meridian Developments solicitor.

Attachment "E" is the formal resolution passed by the Council on
Gctober 23rd, 1972 which authorized the various property trades with Meridian

Developments and the last paragraph will be of particular interest to the
Council,

The last attachment, attachment "F", shows the two final sub-
division plans that have been prepared, one for Spruce Park Properties on
the left numbered one and the one for Meridian Developments on the right
numbered two. Looking at subdivision plan number two, the area of land
shown cross hatched is the portion of Kennedy Street that Council agreed
to sell to Meridian Developments last Monday night and it should be partic-
ularly noted that this portion of Kennedy Street forms part of the eleven
lot subdivision contemplated in the last paragraph of the resolution shown
on attachment "E", Spruce Park Properties subdivision - number one on the
left of the attachment "F" ~ is a nine lot subdivision and a portion of

Kennedy Street that was proposed to be transferred to that company is also
shown cross hatched,