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The City’s Finance and Economic Development Committee today recommended waiving the City’s option to re-purchase lands around Carp Airport for $4.4 million.
The City sold the Carp Airport in 2011 to West Capital Development, and they will continue to operate the airport and implement an economic development plan for the surrounding lands. The City would negotiate amendments to the existing agreement with West Capital Development, enabling the developer to better implement its economic development plan for both the airport and the surrounding lands.
The Committee also approved reconveying land within the South Merivale Business Park to the original owner, Zena-Kinder Holdings. The land was conveyed to the City at no cost in 1996 under an agreement that would have seen the City build roads and provide other municipal servicing. Zena-Kinder Holdings has proposed developing the site with no need for those roads or servicing and the Committee approved terminating the original agreement, which would remove an estimated liability of $7 to $10 million from the City.
The Committee approved a brownfield redevelopment grant for up to $1.3 million along Carling Avenue, just east of Richmond Road. Approval of this brownfield grant will ensure that a contaminated site is properly remediated prior to development. The applicant could also defer up to $1.2 million in eligible costs towards development charges once they proceed with plans to build a mixed-use facility with commercial, office and storage space. The development promises to generate more than $7 million in direct construction value and an estimated $10.5 million in new residential and commercial assessment value would be added to the property tax assessment roll at full development.
The Committee approved a motion to address a health and safety issue affecting homes on Whitewood Avenue in Manotick. The motion recommends options for installing domestic water services in response to a historic contamination issue. The preferred option would include fire protection servicing, funded through cost-recovery from affected residents and $1.3 million from the City’s water rate reserve. If the consultation process with affected residents cannot be resolved prior to the completion of the design process, staff will proceed with installation of the City-funded domestic water services only.
Recommendations from today’s meeting will rise to Council on Wednesday, February 10.
For more information on City programs and services, visit ottawa.ca or call 3-1-1 (TTY: 613-580-2401). You can also connect with us through Facebook, Twitter and Instagram.
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The City sold the Carp Airport in 2011 to West Capital Development, and they will continue to operate the airport and implement an economic development plan for the surrounding lands. The City would negotiate amendments to the existing agreement with West Capital Development, enabling the developer to better implement its economic development plan for both the airport and the surrounding lands.
The Committee also approved reconveying land within the South Merivale Business Park to the original owner, Zena-Kinder Holdings. The land was conveyed to the City at no cost in 1996 under an agreement that would have seen the City build roads and provide other municipal servicing. Zena-Kinder Holdings has proposed developing the site with no need for those roads or servicing and the Committee approved terminating the original agreement, which would remove an estimated liability of $7 to $10 million from the City.
The Committee approved a brownfield redevelopment grant for up to $1.3 million along Carling Avenue, just east of Richmond Road. Approval of this brownfield grant will ensure that a contaminated site is properly remediated prior to development. The applicant could also defer up to $1.2 million in eligible costs towards development charges once they proceed with plans to build a mixed-use facility with commercial, office and storage space. The development promises to generate more than $7 million in direct construction value and an estimated $10.5 million in new residential and commercial assessment value would be added to the property tax assessment roll at full development.
The Committee approved a motion to address a health and safety issue affecting homes on Whitewood Avenue in Manotick. The motion recommends options for installing domestic water services in response to a historic contamination issue. The preferred option would include fire protection servicing, funded through cost-recovery from affected residents and $1.3 million from the City’s water rate reserve. If the consultation process with affected residents cannot be resolved prior to the completion of the design process, staff will proceed with installation of the City-funded domestic water services only.
Recommendations from today’s meeting will rise to Council on Wednesday, February 10.
For more information on City programs and services, visit ottawa.ca or call 3-1-1 (TTY: 613-580-2401). You can also connect with us through Facebook, Twitter and Instagram.
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