TAMRMS#: B06
7.1
REQUEST FOR DECISION
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Lakeview Business District Servicing Project Land Acquisition
Presented by: Jordan Betteridge, Manager AMLIIS, Engineering and Tanya Hynes, Senior Municipal Land Specialist, Engineering
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RECOMMENDED MOTION(S)
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That the Chief Administrative Officer is authorized to approve and execute all land agreements to acquire land on behalf of the City of St. Albert to support Project Charter ENG-085 Lakeview Business District Servicing, provided that all such agreements are within the approved funding limits of the approved Lakeview Business District Servicing capital budget.
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SUMMARY
In accordance with Council Policy C-CAO-01- Chief Administrative Officer (CAO) Delegations, the CAO can approve and execute agreements to acquire land at or below fair market value, provided that the value of the acquisition does not exceed $499,999. There are several parcels or tracts of land that need to be acquired to support the Lakeview Business District Servicing Project. There are sufficient funds within the existing project for the land acquisition; however, the value of some of the individual acquisitions exceeds the CAO's authority and requires Council approval.
The proposed motion will allow the City to streamline the execution of land acquisition agreements for the Lakeview Business District Servicing Project. Delayed land acquisition has been identified as a significant project risk as it is not recommended to tender for any construction activities until necessary land agreements have been obtained.
ALIGNMENT TO COUNCIL DIRECTION OR MANDATORY STATUTORY PROVISION
Council Policy C-CAO-01
5. Financial Conditions and Activities
c. The Chief Administrative Officer may:
xiii. Approve and execute agreements to acquire land at or below fair market value, provided that the value of the acquisition does not exceed $499,999.
BACKGROUND AND DISCUSSION
The Lakeview Business District Servicing Project has r...
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