Finance Committee Decisions in Brief

Decision

*The Committee received the report as information.

Background

*City Council budgeted $427,000 for internal audit services for 2016. This is the second year of the five-year contract with PwC.
*Overall, internal audit and consulting expenditures are expected to be within budget parameters. However, project deliverables (i.e. audit reports) are not expected to be tabled with the Standing Policy Committee on Finance until early 2017.

9.1.2 Request to Sell City-Owned Property – Aspen Ridge Neighbourhood Phase 2

Decision

*The Committee approved the recommendations.

Background

*The recommendations are:
-That the Director of Saskatoon Land be authorized to sell 122 single-family lots with legal descriptions of Lots 1 to 22, Block 707; Lots 1 to 13, Block 708; Lots 1 to 22, Block 709; Lots 1 to 18, Block 710; Lots 1 to 12, Block 711; Lots 1 to 29, Block 712; and Lots 1 to 6, Block 713, all Plan No. 102207912, on Bolstad Link, Manor, Turn, and Way through a lot draw process.
-That if the parcels are not sold through the lot draw process, they will be placed for sale over-the-counter on a first-come, first-served basis.
-That the Director of Saskatoon Land be authorized to sell Lots 28 and 29, Block 712 to the highest bidder through a public tender process for the intended use of developing Type II Residential Care Homes, Child Care Centres, or PreSchools with tender conditions and reserve bid prices plus applicable taxes.
-That any of the pre-designated Type II Residential Care Home, Child Care Centre, or Pre-School lots which are not sold through the public tender process be placed for sale over-the-counter on a first-come, first-served basis for the same intended purpose for a period of one year with conditions specified in the Agreement for Sale.
-That the Director of Saskatoon Land be authorized to make minor adjustments to the approved pricing that may be necessary to account for changes in servicing costs and lots being returned.
-That the Director of Saskatoon Land be authorized to administer architectural controls for the 122 single-family lots.
-That the City Solicitor be requested to prepare the Agreements for Sale and that His Worship the Mayor and the City Clerk be authorized to execute the agreements under the Corporate Seal.

9.1.3 Request to Sell City-Owned Property – 2950 McClocklin Road

Decision

*The committee approved the recommendations.

Background

*The recommendations are:
-That the Director of Saskatoon Land be authorized to sell Lot 38, Block 1, Plan No. 102064025 located at 2950 McClocklin Road in the Hampton Village neighbourhood through an open market (standard terms) sales approach in compliance with the terms and conditions outlined in this report.
-That if no offers are received for 2950 McClocklin Road over a 45-day offer acceptance period, the parcel remain for sale over-the-counter until an acceptable market price offer is received.
-That proceeds from the sale be used to partially fund the construction and/or land costs associated with building the future fire hall in the proposed Elk Point neighbourhood.
-That the City Solicitor be requested to prepare the appropriate agreement and that His Worship the Mayor and the City Clerk be authorized to execute the agreement under the Corporate Seal.

9.1.4 Request to Re-Offer and Sell City-Owned Property – Blairmore Suburban Centre, Evergreen and Kensignton Multi-Family Sites

Decision

*The Committee approved the recommendations.

Background

*The recommendations are:

-That the Director of Saskatoon Land be authorized to sell the following land through an open market (standard terms) sales approach in compliance with the terms and conditions outlined in this report:

● Parcels AA and BB, Plan No. 102177862 in the Blairmore Suburban Centre;

● Parcel D, Plan No. 102038150; Parcel E, Plan No. 102064294; Parcel N, Plan No. 102077894; and Parcel DD, Plan No. 102132447 in the Evergreen neighbourhood; and

● Parcel Y, Plan No. 102171732; Parcel 225, Plan No. 102171732; and Parcel 226 (Plan No. to be registered) in the Kensington neighbourhood.

-That if no offers are received for the subject sites over a 30-day offer acceptance period, the parcels remain for sale over-the-counter until acceptable market price offers are received.
-That the Director of Saskatoon Land be authorized to administer development controls for Parcel 226 (Plan No. to be registered).
-That the Director of Saskatoon Land be authorized to provide a 6-month offer to purchase to New Rock Developments (Sask) Inc. for Parcel KK, Plan No. 102137633 under the terms and conditions outlined in this report.
-That the City Solicitor be requested to prepare the appropriate agreements and that His Worship the Mayor and the City Clerk be authorized to execute the agreements under the Corporate Seal.