ADMINISTRATIVE REPORT Date: October 3, 1996 Dept. File No. TO: Vancouver City Council FROM: General Manager of Engineering Services SUBJECT: Payment-In-Lieu Parking Application 869 Beatty Street RECOMMENDATION A. THAT Council approve in principle the offer of payment-in-lieu in the amount of $26,600 by Hong Kong Construction Ltd. for DE 401419, for the waiver of 2 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: 869 Beatty Street Applicant: Mark Ostrey for Hong Kong Construction Ltd. Zoning: D.D. DE No. 401419 Type of Development: existing 3-storey building with a previously approved fourth floor addition with mezzanines - change of use in basement Use: 206m2 of excluded residential storage area changed to commercial storage area Legal Description: Lot B, Block 68, Plan VAP23202, District Lot 541 -2- Parking Required: 2 Parking Provided: 0 No. of Spaces for Payment-In-Lieu: 2 Recommended Amount/Space: $13,300 Total Payment-In-Lieu Amount: $26,600 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. * * * * *