Mary Jarvis represented Minto Corporation: the Ottawa-Carleton District School Board has selected Minto's bid on its land on McCarthy Road. Sale of the land is conditional on zoning. Right now the land is zoned as institutional and Minto wants to have this changed to residential. Minto will be conducting its own environmental assessment and soil tests. Minto has not definitely decided on the exact form of development, options are single detached dwellings, townhouses, apartments or some combination. In broad terms, Minto expects to build between 200 and 250 units on the 19 acres of land. It plans to submit its plan to the new Council early next year and start construction later in the year.
Jim Bickford outlined the process: the developer submits its plan to the City and the City then forwards the plan to the Community Organization. Minto is experienced in land development and is familiar with the process.
Wendy Stewart: the proposed development is an infill development because it adds housing to an existing developed community. She refered to a City study that said that area has capacity for 5000 additional housing units.
Alan Asselstine: does the City put any restrictions on the proposed development?
Pat Ugocinni: Urbandale is set to start construction on the twin towers north of Quinterra/Riverwood.
Wendy Stewart: Construction of the Alta Vista Parkway is ready to go, this is a needed addition to the road network. The ratio between travellers who take the bus over those who take their cars is called the modal split. This ratio has been growing in favor of those who take the bus. Factors which account for this trend are new buses and improved marketing schemes which allow commuters to pay for bus passes by payroll deductions.
Alan Asselstine presented a Statement of Revenue and Expenses. This statement shows that for the year ending July 31, 2000, that revenues exceeded expenses by $534.
Next meeting: Mon 4 Dec 2000 at 7:30pm