Rules of Procedure
Councillor Cormier moved to waive reading of the resolution.
CARRIED
The following resolution was presented:
THAT the City of Greater Sudbury authorize the sale of the unopened road allowances, one foot reserve blocks, turn-around blocks, and park purposes lots on deemed plan of subdivision 53M-1146, legally described as: PIN 73508-1133(LT) James Street, PIN 73508-1134(LT) Laura Street, PIN 73508-1135(LT) Roger Street, PIN 73508-1136(LT) Gladu Crescent, PIN 73508-1141(LT) Block 67, PIN 73508-1140(LT) Block 68, PIN 73508-1139(LT) Block 69, PIN 73508-1138(LT) Block 70, PIN 73508-1137(LT) Block 71, PIN 73508-1145(LT) Lot 40, PIN 73508-1144(LT) Lot 41, PIN 73508-1143(LT) Lot 47, and PIN 73508-1142(LT) Lot 48, all on Plan 53M-1146, part of Lot 11, Concession 2, Township of Capreol, City of Greater Sudbury;
AND THAT the City of Greater Sudbury directs staff to prepare a by-law to authorize the sale of land and the execution of the documents required to complete the real estate transaction;
AND THAT the net proceeds of the sale be credited to the Parks Section 50 Reserve. Fifty percent of the funds shall be allocated for the acquisition of parkland based on the adopted priority list outlined in the Green Space Advisory Panel report, as amended, and the other fifty percent of the funds shall be allocated for the acquisition of parkland or park development in Ward 6.