TO: MAYOR AND ALDERMEN June 5th, 1972.

FROM: THE INDUSTRIAL & COMMUNITY DEVELOPMENT COMMITTEE

Report from the Industrial & Community Development Committee Meeting held Monday,

June Sth, 1972 at 11:00 a.m.

‘Present: Alderman E.W. Mabbett VJ \/ § 4 1 SJ
Alderman G.R, Laking JU 2 19
K.J. Stinson. Respectfully submitted.

Land Sales

ften TI

Re: Pennington application te purchase property in order to comply with Subdivision
By-law requirements. - See attached map.

Comments: Earlier a request for rezoning and subdivision was tendered by the applicant,

. At that time a road right-of-way was requested in order to secure a future
road pattern. in order the applicant meet the subdivision by-law minimum let require-
ments a purchase of a 3.7' strip narrowing to 0' over 20¢' is necessary. This en-
volves 740 sq. ft. of City land and contains a portion of a lane. It was generally
agreed that the applicant be required to carry our the necessary consolidation and
reimburse the City $100.00 for the land.

Recommendation: The Committee recommends the iand strip shown on the attached plan
be sold with an upset price of $100.00 and further that the land

be coneaolidated with Lot 477, Plan 39184 at the applicant's expense.

CT eI CST Eee et eT ee ES