ADMINISTRATIVE REPORT
Date: April 17, 1996
Dept. File No. F593
TO: Vancouver City Council
FROM: Manager of Real Estate
SUBJECT: Property Acquisition for Road Improvements
on the East Side of Oak Street at 71st Avenue
- 991-995 West 71st Avenue
RECOMMENDATION
THAT Council authorize the Manager of Real Estate to proceed with
the acquisition of 16.4 square metres (176 sq. ft.) of land for
road purposes from 991-995 West 71st Avenue, legally described as
the common property of Strata Lot 1 and 2, District Lot 319, Strata
Plan VR 579 at a total cost of $21,880 plus 3% net GST under the
terms contained in the Offer To Purchase and this report.
Funding for the acquisition is to be provided from Streets Basic
Capital Account No. 12/31/0198/999.
GENERAL MANAGER'S COMMENTS
The General Manager of Corporate Services RECOMMENDS approval of
the foregoing.
COUNCIL POLICY
There is no Council policy directly attributed to this matter.
BACKGROUND
Oak Street is a major entry into the City with traffic from the Oak
Street Bridge and Marine Drive. At 71st Avenue, traffic from Marine
Drive must merge onto Oak Street. This is an awkward merge with bridge
traffic over a short distance and has been a problem for B.C. Transit in
the past.
Road modifications have been made in conjunction with the recent Oak
Street Bridge closure to eliminate the merge by providing 3 northbound
lanes. As part of this project, property acquisition is required to
widen the boulevard for pedestrian space.
CURRENT SITUATION
The subject property is zoned RM-3A (Multi-family Residential) and
improved with a strata titled duplex constructed in 1978. The proposed
widening of Oak Street at this location necessitates the acquisition of
16.4 square metres (176 square feet) of land from the frontage of the
property. In addition to the permanent loss of land, damages will
include loss of landscaping, relocation of existing fencing and
proximity damages to the subject building. A historical review of the
site indicates no record of contaminating uses.
Following lengthy negotiations the owners of 991-995 West 71st Avenue
have agreed to sell the required property of the City at a purchase
price of $21,800 in full satisfaction of all disruptive factors relating
to the City's purchase of the land and on those terms and conditions
outlined in the City's Offer to Purchase dated March 5, 1996.
The Manager of Real Estate Services considers the acquisition price to
represent fair compensation for the property.
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