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Property Disposition Public Information Session

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Presentation on theme: "Property Disposition Public Information Session"— Presentation transcript:

1 Property Disposition Public Information Session
Welcome Property Disposition Public Information Session December 17th, 2013 Prince Philip School

2 Introductions Ellen Warling Manager of Planning & Accommodation
Facilities Management Department Hamilton-Wentworth District School Board Brenda Khes Associate Planner, GSP Group Pat Hudyma Property Planner

3 Agenda Brief Presentation – Prince Philip School
Property Disposition Process Q & A

4 PRINCE PHILIP SCHOOL 125 RIFLE RANGE RD., HAMILTON
Source: Google Earth Map Site

5 PRINCE PHILIP SCHOOL 2.19 Hectares (5.41 Acres)
Source: Google Earth Map Site

6 SUBJECT PROPERTY SUMMARY
PRINCE PHILIP SCHOOL 125 RIFLE RANGE RD., HAMILTON Subject building is approximately 32,000 ft2 in size and is situated on a acre ( hectare) site Situated in a mature residential area on the southeast corner of Rifle Range Road and Whitney Ave., in the City of Hamilton Frontage on both roads with access from Whitney Ave. Adjacent land includes Alexander Park to the east, hydro corridor and religious building to the south, St. Mary’s High School to the north and residential units to the west

7 Rationale School Boards must consider the disposition of surplus property to generate funds for their capital projects Disposition of property may be whole sites or portions of sites deemed excess to school needs Revenue generated through property sales is the Board’s primary source of funds for the construction of new schools While the Ministry of Education provides funding for the construction of new schools, there is still a substantial contribution required by the Board. School Boards are in a position where they must consider the disposition of surplus property to generate funding in support of new school construction and or the acquisition of new school sites. Disposition of property also relates to excess land on a portion of school property on which a school will continue to operate. Generating revenue through property sales is the Board’s primary funding mechanism for purchasing new school sites. It remains in the best interest of the Board, students and community ratepayers to achieve the maximum return for surplus properties, while recognizing the need to maintain community involvement throughout the disposition process.

8 Offer to Preferred Agents
Process Public Information 60 days Nov to Jan. 2014 Current Status Declare Surplus Board Motion January 2014 Offer to Preferred Agents 90 days February to May 2014 Sell on Open Market 2014

9 Offer to Preferred Agents
Public Information Public Information 60 days Nov to Jan 2014 Key communication period to inform local communities in advance of potential property dispositions Not required by legislation – an approach unique to HWDSB Public has until January 17th, 2014 to provide their comments regarding the property being declared surplus. Comments shall be attached to the Report to Board. Note: Date has been extended from January 3rd, 2014 Declare Surplus Board Motion January 2014 Offer to Preferred Agents 90 days Feb to May 2014 Sell on Open Market 2014

10 Offer to Preferred Agents
Declare Surplus Public Information 60 days Nov to January 2014 Ontario Regulation 444/98 under the Education Act governs the disposition of School Board properties Board must adopt a resolution declaring the property surplus to their needs Administration may look at revenue maximization strategies – i.e. amending the Official Plan; re-zoning, developing lands to registration of lots; creating an approved plan of subdivision Declare Surplus Board Motion January 2014 Offer to Preferred Agents 90 days Feb to May 2014 Sell on Open Market 2014

11 Offer to Preferred Agents
Public Information 60 days Nov to January 2014 Per the Education Act, properties must be sold at fair market value The following have first opportunity to acquire Board Sites: Other Local School Boards Mohawk College - College Boreal McMaster University Crown in right of Ontario City of Hamilton Crown in right of Canada Declare Surplus Board Motion January 2014 Offer to Preferred Agents 90 days Feb to May 2014 Sell on Open Market 2014

12 Offer to Preferred Agents
Sell on the Open Market Public Information 60 days Nov to January 2014 If no preferred agent is interested, Boards may dispose of the property as they see fit The most common approach is through a public bidding process Sale of property must be at fair market value It is up to the buyer to ensure compliance with all provincial and municipal planning regulations Declare Surplus Board Motion January 2014 Offer to Preferred Agents 90 days Feb to May 2014 Sell on Open Market 2014

13 Contact Information Input to the Board: GSP Group Inc – Attn: Brenda Khes, Associate Planner 29 Rebecca Street, Suite 200 Hamilton, On L8R 1B3 Other questions or concerns: GSP Group as above or ext or Pat Hudyma ext. 2479


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