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Originally Posted by halifaxboyns
I had a quick peak through the HRM act last night because I was curious about this.
From what I was able to find (and I didn't go into depth) the city must sell land at market value, it can't just give it away. I didn't see anything in the act where it said they could exchange land, so they may be taking the position (which makes sense to me) that if they give someone a piece of land they would want one of equal value.
But in the scenario you describe, it might be more difficult. They'd probably end up having to sell the land at market value and then tack on other charges or require other land in exchange to make the values match...the only people I believe they can sell property to below market value is a not-for-profit society.
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Seems as though there were a couple of land swaps based on this article.
Long-awaited land swap ready to go
HRM will own site of new library
By AMY PUGSLEY FRASER City Hall Reporter
Tue. Nov 18 - 5:20 AM
The i’s are dotted and the t’s ready to be crossed on a land swap between the city and the province involving several key downtown properties.
The exchange, which has been brewing for years, will finally put the future home of a new main library under the ownership of Halifax Regional Municipality.
Getting construction started soon on the flagship library branch is "high up" on council’s to-do list, Mayor Peter Kelly said Monday.
"I would hope that this would be one of the main priorities for council."
Mr. Kelly also mentioned other high-priority investments in public transit, public safety and infrastructure needs.
"It’s just finding the proper financial approach so it won’t become a drain on the operations."
The new library is to be built at the corner of Spring Garden Road and Queen Street, adjacent to the site of the old Halifax Infirmary, which the province tore down in 2005.
A 2004 city staff report on the library said it was crucial to have the new building in place by 2009.
The current library, at Spring Garden Road and Grafton Street, was built in the early 1950s. Over the years, council has OK’d hundreds of thousands of dollars in upgrades, but the building still poses "potential health and public safety liabilities," according to the 2004 report.
The land swap, which will go before a council committee this afternoon and then to the province for cabinet approval, also includes the old Queen Elizabeth High School property on Robie Street. Part of that land has already been used to expand the emergency wing at the new Infirmary, part of the Queen Elizabeth II Health Sciences Centre.
The Capital district health authority, a provincial body, now wants to take over the rest of the old school property, but a group called Friends of the Halifax Common opposes further development at the site and wants the land returned to public open space.
A staff report on the land swap says many participants at a recent workshop called for the school site to be used strictly as open space. Members of Friends of the Halifax Common will get a chance to tell that to council themselves tonight. The group is listed on the agenda as making a presentation when the brand new council, elected on Oct. 18, meets tonight for the first time.
The mayor said the city wanted to give the group a chance to voice its concerns publicly.
"This is their opportunity," he said.
It also leaves the door open for further research by city staff, he said.
Also going to the province is the old Birks store site on Barrington Street, which the city has used as a parking lot for the past few years.
At the end of the day, the city will still owe the province about $2 million, but there’s a possibility the city could pay its bill with more land, the mayor said.
Mr. Kelly said other properties are also under review as part of a "long-range program" between the two levels of government. The city might have interest in the Victoria General hospital parking lot on South Park Street "to enhance some of the green space," he said.
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