OTHERAPPROVED

City of Medicine Hat Energy, Land and Environment Committee AgendaPacket 2026-06-18

Land Donation Approved for Miywasin Seniors Housing Project

Reduced sale price (market value: $412,000); City reimbursed $412,000 from Capital ReservesCity of Medicine HatMIYWASIN FRIENDSHIP CENTRE (MEDICINE HAT)June 18, 2026

Trusted by teams at

Description

City Council approved the donation (at a reduced sale price) of 301 Spencer Street SE to Miywasin Friendship Centre for the Miywasin Seniors Housing Project. The transaction is valued at the market assessment of $412,000, with a corresponding transfer from City Capital Reserves to Land & Real Estate. A conditional Purchase and Sale Agreement includes provisions for buy-back if project milestones are not met.

Contract Details

Contract Amount

Reduced sale price (market value: $412,000); City reimbursed $412,000 from Capital Reserves

Vendor

MIYWASIN FRIENDSHIP CENTRE (MEDICINE HAT)

Agency

City of Medicine Hat, Canada

Contract Type

OTHER

Document Date

June 18, 2026

Contract Term

Transfer of land; buy-back if unused within up to 24 months for $1

Renewal Date

2028-06-18

Renewal Info

Conditional on Miywasin securing grants within 24 months, obtaining development permit within 12 months, and commencing construction within 18 months of permit; City may buy back if unmet.

More from MIYWASIN FRIENDSHIP CENTRE (MEDICINE HAT)