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CITY OF VANCOUVER ADMINISTRATIVE REPORT |
Date: |
February 12, 2004 | |
Author: |
Joanne Griffin | |
Phone No.: |
7928 | |
RTS No.: |
3964 | |
CC File No.: |
5802 | |
Meeting Date: |
March 9, 2004 |
TO: |
Vancouver City Council |
FROM: |
General Manager of Engineering |
SUBJECT: |
Local Improvements Flat Rates |
RECOMMENDATION
THAT the flat rates shown on the "List of Projects Certified Complete in 2003", on file in the City Clerk's Office, be approved.
COUNCIL POLICY
Policies governing the Local Improvement process are set out in the Vancouver Charter and Local Improvements Procedure By-law.
Clause 51B of the Local Improvement Procedure By-law provides that, by resolution, Council may establish a flat rate per foot frontage with respect to any two or more projects of a like nature, based on the average cost per foot frontage of such projects, as established by Council.
PURPOSE
This report requests Council approval of flat rates to be charged to property owners for their share of local improvement projects certified complete in 2003. These rates will be used for local improvement billings to be sent out in March 2004.
DISCUSSION
For the Local Improvement projects certified complete in 2003, flat rates have been derived from contract costs and the cost of work done by City forces, together with other general expenses and an allowance for interest over the construction period.
These flat rates have been developed in accordance with the provisions of the Vancouver Charter and the Local Improvement Procedure By-law; they do not exceed by more than the allowable 10% the estimated rates approved by Council in the respective Second Step reports for each Court of Revision.
The applicable rates are shown on the "List of Projects Certified Complete in 2003" on file in the City Clerks Office.
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