#2 - Application - 8635, 8655, 8675 & 8695 Cook Crescent_PLN_051623

Based on the new road cross-section and the preliminary functional road design reviewed and accepted by the Engineering and Transportation Departments, a 2.05 m wide portion of the existing Spires Road road allowance adjacent to the frontages of the subject development site along the existing southern and eastern property lines has been identified for road closure (Attachment 2). The area, which is approx. 213.2 m2 (2,294.9 ft2), is surplus to Engineering and Transportation needs. Prior to rezoning bylaw adoption, the applicant is required to enter into a purchase and sale agreement with the City for the owner’s purchase of the surplus lands, which is to be based on business terms approved by Council. The primary business terms of the purchase and sale agreement will be brought forward to Council with the road closure bylaw, in a separate report

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