The Good news, everything is proceeding… just not as quickly as we would like. Unfortunately, whenever you have 3 parties involved with 3 lawyers, extensions are going to be a common occurrence. We are just going to have to be patient as we are very, very close to a community park.
The Official Update below is from Andrew McNeely through Councillor Phil Bannon.
Discussions continue with the Executors of the James Coultice Estate for the Town to acquire +/- 4 to 5 acres for a neighbourhood park, and, +/- 135 acres of environmentally sensitive lands for their long term protection. The general configuration of the parcels and the Terms and Conditions for the acquisition of the referenced lands remains consistent with the August 2010 Conditional Offer of Purchase & Sale Agreement that was authorized by Council. The Town has granted the Coultice Estate an extension on the clearing of Conditions associated with the Purchase & Sale Agreement which now expires in mid-February 2012 . The Coultice Estate requires the additional time to resolve their on-going discussions with Revenue Canada about land valuations in support of a charitable receipt issued under the Federal Government’s Eco-Gift program.
Andrew McNeely , MCIP, RPP | Director of Planning and Building Services | Planning and Building Department
Town of Whitchurch-Stouffville