A6
                             ADMINISTRATIVE REPORT

                                            Date: August 22, 1996

    TO:       Vancouver City Council

    FROM:     General Manager of Engineering Services

    SUBJECT:  Payment-In-Lieu Parking Application:  1240 Homer Street

    RECOMMENDATION

         A.   THAT Council approve in principle the offer of
              payment-in-lieu in the amount of $106,400 by Linda Baker
              Architect Inc. for DE 400857, for the waiver of 8 parking
              spaces required by Section 4.1.2 of the Parking By-law; and

         B.   THAT the Director of Legal Services be requested to bring
              forward a by-law to amend Schedule A of the Parking By-law
              pursuant to Section 4.11.5 to effect this waiver.

    COUNCIL POLICY

    In 1986, Council approved payment-in-lieu parking provisions.

    PURPOSE

    An application pursuant to Section 4.11 of the Parking By-law has been
    received to waive the number of parking spaces required by Section
    4.1.2 of the By-law and to make payment-in-lieu.  The particulars of
    the application are as follows:

    Address:                   1240 Homer Street
    Applicant:                 Linda Baker Architect Inc. for
                               Graystar Project Management
    Zoning:                    HA-3
    DE No.:                    400857
    Type of Development:       New 6-storey building
    Use:                       Retail/Office (1073m2) and
                               Residential (1662m2)
    Legal Description:         Lot C of 12, Block 76, Plan 6488,
                               District Lot 541
    Parking Required:          Retail/Office - 12
                               Residential - 14
    Parking Provided:          Retail/Office - 4
                               Residential - 14
    No. of Spaces for
      Payment-In-Lieu:         8
    Recommended Amount/Space:  $13,300
    Total Payment-In-Lieu:     $106,400

    A review of this application found that payment-in-lieu is appropriate,
    given the site constraints and the lack of opportunity to provide
    parking by another means.

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