Proposed Sale of Single Family Lot: 2400 Block S.E. Marine Drive

ADMINISTRATIVE REPORT

Date: August 29, 2000
Author/Local: Karin Turnbull/7426

RTS No. 1667

CC File No. 5102

Council: September 12, 2000

TO:

Vancouver City Council

FROM:

Director of Real Estate Services

SUBJECT:

Proposed Sale of Single Family Lot: 2400 block S.E. Marine Drive

RECOMMENDATION

A. THAT Council approve to dedicate, by subdivision plan, approximately 85 square metres (915 sq. ft.) of City-owned (P.I.D. 016-766-814) Lot 255, Block 72, Fraserview, Plan 10905 for lane purposes.

B. THAT Council authorize the Director of Legal Services to execute the subdivision plan on behalf of the City to the satisfaction of the Approving Officer.

C. THAT Council approve for the Director of Real Estate Services to sell the remaining parcel by tender.

GENERAL MANAGER'S COMMENTS

The General Manager of Corporate Services RECOMMENDS approval of A, B and C.

COUNCIL POLICY

The Vancouver Charter Section 190 (b) authorizes Council to dispose of City-owned property deemed to be surplus to the City’s needs.

PURPOSE

The purpose of this report is to seek Council approval to dedicate approximately 85 square metres of City-owned Lot 255 for lane purposes and sell the remainder by Tender (seeAppendix A - on file in City Clerk’s Office).

BACKGROUND

The City acquired the subject lot in the 1920's. In 1996 the Property Endowment Fund Board resolved that the Director of Real Estate Services put the property up for sale by tender. As the property is directly at the south western tip of the Fraserview Golf course, Park Board staff were asked if they had any interest in purchasing this property for consolidation with the golf course. They were not interested.

PRESENT SITUATION

The lot is held in the Property Endowment Fund and is zoned RS-1 (one family dwelling district). It is an irregularly shaped lot of approximately 1,179 square metres (12,700 sq. ft.) of which about 85 square metres (915 sq. ft.) need to be dedicated as lane to the satisfaction of the Approving Officer. The area to be dedicated contains two lamp standards, electrical conduit and pavement that encroach onto Lot 255. The remainder of this lot will be sold by tender.

Further the City Engineer has recommended a bulkhead agreement be required as a condition of sale due to the grade change between S.E. Marine Drive and Lot 255.

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TO:	Vancouver City Council
FROM:	Director of Real Estate Services
SUBJECT:	Proposed Sale of Single Family Lot: 2400 block S.E. Marine Drive