A1
ADMINISTRATIVE REPORT
Date:February 23, 1996
TO: Vancouver City Council
FROM: General Manager of Engineering Services
SUBJECT: Local Improvement Flat Rates
RECOMMENDATION
THAT the flat rates shown on the "List of Projects Completed in
1995", 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 Improvements 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 completed
in 1995. These rates will be used for local improvement billings to be
sent out in March 1996.
DISCUSSION
For the Local Improvement projects completed in 1995, 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 Completed in
1995" on file in the City Clerk's Office.
* * * * *