It seems that since no work has started on these properties, the City is planning to buy them back.
http://www.hamilton.ca/NR/rdonlyres...D6C/0/Nov14EDRMS_n231488_v1_8_1__PED11201.pdf
http://www.hamilton.ca/NR/rdonlyres...D6C/0/Nov14EDRMS_n231488_v1_8_1__PED11201.pdf