Finance and Economic Development Committee

WHEREAS the City of Ottawa Housing Services Branch has identified an interest in pursuing the property that is the subject of this report with the goal of redeveloping the site for affordable supportive housing; and WHEREAS the current deadline imposed for a decision on this matter and the structure of the right of first offer agreement preclude consideration of Housing Services’ interest; and WHEREAS staff have advised that it is in the City’s best interest to ask for an extension of the deadline so that City would have time to have the fair market value of the property determined by two qualified appraisers (as required under the City’s Real Property Acquisition Policy) and Parkway House would have time to obtain an updated appraisal by a qualified appraiser, if it wishes, in order for the City to properly consider whether to buy the property and to allow for discussions between City staff and Parkway House representatives to see if an agreement could be reached on the price for the property, subject to Committee and Council approval; THEREFORE BE IT RESOLVED that the Finance and Economic Development Committee direct staff to immediately request, in writing, that Parkway House officials extend the deadline for the City to respond to the right of first offer to purchase on or before July 11, 2014 for the reasons set out in this motion; and BE IT FURTHER RESOLVED that staff report back to Council on the response by Parkway House to the request for an extension when this repor

the subject report to the Planning and Growth Management Department to receive information on 1445 and 1451 Wellington Street West and to conduct a policy based review. Referral

That, in accordance with Procedure By-law 2006-462, as amended, the Finance and Economic Development Committee resolve In Camera pursuant to Subsection 13(1)(d), labour relations or employee negotiations and Subsection 13(1)(f), the receiving of advice that is subject to solicitor-client privilege, including communications necessary for that purpose, with respect to Collective Bargaining in 2014 with: 1) CUPE 503 Inside/Outside, Part-time Recreation and Culture, and Summer Aquatics; 2) Civic Institute of Professional Personnel; and 3) Ottawa Professional Fire Fighters’ Association.