That Items 1 to 5, of the 15th Report of the Council, In Closed Session, BE APPROVED:
1. Offer to Purchase Industrial Lands – 1649304 Alberta Ltd. – Part of Block 3, Plan 33M-544 Being Parts 1 and 5, Plan 33R-18258 – Innovation Park Phase l
That, on the recommendation of the Managing Director, Corporate Services and City Treasurer, Chief Financial Officer, on the advice of the Manager of Realty Services, with respect to the City owned industrial land located on the west side of Innovation Drive in Innovation Park, Phase I, containing an area of approximately 5.5 acres, more or less subject to survey, being comprised of Part Block 3, Plan 33M-544, being part of Parts 1 and 5, Plan 33R-18258, as outlined attached location map, the offer submitted by 1649304 Alberta Ltd. (the “Purchaser”) to purchase the subject property from the City, at a purchase price of $385,000.00 (reflecting a sale price of $70,000.00 per acre), BE ACCEPTED subject to the following conditions:
a) the Purchaser, at its expense, be allowed within ninety (90) days from acceptance of the offer to examine title;
b) the Purchaser, at its expense, be allowed within ninety (90) days from acceptance of the offer to carry out environmental inspections as it might reasonably require;
c) the Purchaser, at its expense, be allowed within ninety (90) days from acceptance of the offer to carry out geotechnical inspections; and
d) the City being able to terminate the existing Farm Lease Agreement on the subject property.
2. Lease Agreement – 177/179 Dundas Street – Dundas Place Field House
That, on the recommendation of the Managing Director, Corporate Services and City Treasurer, Chief Financial Officer, with the review and concurrence of the Managing Director, Parks and Recreation, on the advice of the Manager of Realty Services, with respect to the lease of commercial space known as Dundas Place Field House, located at 177/179 Dundas Street, the following actions be taken:
a) the Lease Agreement (the “Lease”) between The Corporation of the City of London and Westang Home Services, under numbered company 2162538 Ontario Inc., attached as Schedule “A”, BE APPROVED; and
b) the financing for this Lease BE APPROVED as set out in the Source of Financing Report attached hereto as Appendix “A”.
3. Sale of City-Owned Property – Tender 19-22 – 332 Wharncliffe Road North
That, on the recommendation of the Managing Director, Corporate Services and City Treasurer, Chief Financial Officer, and on the advice of the Manager of Realty Services, with respect to the property located at 332 Wharncliffe Road North, being approximately 0.21 acres, further described as Part Lots 5, 6 and 7, Plan 434 (W), designated as Part 2, Plan 33R7913, save and except for Part 1, Plan ER1115597, as in PIN 082480234, the offer submitted by Kiho Chung and Jeong Sun Lee to purchase the subject property from the City, for the sum of $981,000.00 BE ACCEPTED subject to the following conditions:
a) the Purchasers acknowledging that the property is being purchased on an “As-Is” basis;
b) the Purchasers shall have a period of sixty (60) days from the date of acceptance of this agreement to satisfy itself in its absolute discretion as to the geotechnical, soil and environmental condition of the property;
c) the offer is conditional upon the inspection of the property by the Purchasers’ inspector(s), at the Purchasers’ expense, and the obtaining of a report(s) satisfactory to the Purchasers in the Purchasers’ sole and absolute discretion, for a period of sixty (60) days from acceptance; and
d) the City, at its expense, agreeing to prepare and deposit on title, on or before closing, a reference plan if required describing the subject property.
4. Lease of Office Space – 520 Wellington Street, Unit 4 – Centennial House – Building Division
That, on the recommendation of the Managing Director, Corporate Services and City Treasurer, Chief Financial Officer, with the review and concurrence of the Manager, Business Services, on the advice of the Manager of Realty Services, the Lease Agreement (the “Lease”), attached as Schedule “A”, between the City and Centennial House Limited (the “Landlord”), for the lease of approximately 1,281 square feet of useable space located at 520 Wellington Street, Unit 4, for a term of five (5) years and six (6) months, for the City’s Building Division Service Area, at a base semi gross rent of $7.75 per square foot for the first two years, $8.00 per square foot for years three and four and $8.25 per square foot for year five BE APPROVED.
5. Execution of Collective Agreement for Service Employees International Union Local 1 Canada Full-Time and Part-Time Registered Nurses Bargaining Unit – January 1, 2017 – December 31, 2018
That, on the recommendation of the Acting Director of Human Resources, the Civic Administration BE DIRECTED to undertake all administrative acts that are necessary in order for the Mayor and the City Clerk to obtain the necessary authorization to execute the Collective Agreement for the years 2017 to 2018, appended as Appendix “C” to the staff report dated August 13, 2019, pursuant to the Interest Arbitration Award dated August 15, 2018 (Appendix “A”), between The Corporation of the City of London and Service Employees International Union Local 1 Canada.