A1 ADMINISTRATIVE REPORT Date: January 2, 1997 Dept. File No.000 541 cc File: 5807 TO: Vancouver City Council FROM: General Manager of Engineering Services SUBJECT: Encroachment of a Pedestrian Bridge over the Lane East of Seymour Street, North of Robson Street - B.C. Telephone Company RECOMMENDATION THAT Council authorize the continued encroachment of the pedestrian bridge over the lane east of Seymour Street, north of Robson Street as indicated on the plan attached as Appendix A , subject to the following conditions: 1. The rental to be $1,900 per annum, from February 1995 to February 2000, and to be subject to review every five years in accordance with the recommendation of the Manager of Real Estate Services. 2. An agreement to the satisfaction of the Director of Legal Services. 3. No legal right or obligation shall be created and none shall arise hereafter, until the documents are executed. COUNCIL POLICY There is no Council policy directly related to this matter. PURPOSE The purpose of this report is to seek Council's authority for the rental to be charged for the encroachment of the pedestrian bridge. Had it not been for this variance from the standard provisions of the Encroachment By-law, staff could have finalized this agreement without referral to Council. BACKGROUND On September 9, 1964, Council approved an application submitted by the B.C. Telephone Company for permission to construct a pedestrian overpass across the lane, between the then existing B.C. Telephone building at 768 Seymour Street and the proposed parking garage in the 700 block Richards Street. The term of the agreement was 30 years commencing February 15, 1965, and the rental was $1.00 per square foot based on the square footage of lane that the overpass covered which is 140 square feet, for an annual rental of $140.00. CURRENT SITUATION Following negotiations, B.C. Telephone has agreed to a new Encroachment Agreement which will run concurrently with the life of the connected buildings, commencing February 15, 1995, with a rental review every five years. The initial five year period to have an annual rental of $1,900. The Manager of Real Estate Services is of the opinion that the proposed new fee is representative of the current market value. CONCLUSION The General Manager of Engineering Services recommends that the existing pedestrian bridge over the lane east of Seymour Street, north of Robson Street, be validated under the provisions of the Encroachment By-law, subject to the conditions set out in this report. * * * * *