A2 ADMINISTRATIVE REPORT Date: January 22, 1997 Dept. File No.2101 C.C. File: 5651 TO: Vancouver City Council FROM: General Manager of Engineering Services SUBJECT: Payment-In-Lieu Parking Application 700 Davie Street RECOMMENDATION A. THAT Council approve in principle the offer of payment-in-lieu in the amount of $26,600 by E.D.I. & G. Investments Inc. for DE 401402, 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: 700 Davie Street Applicant: Merrick Hunter of W.T. Leung Architects for E.D.I. & G Investments Inc. Zoning: D.D. DE No. 401402 Type of Development: New 1-storey building Use: 447m2 Retail Legal Description: Lot 37 & 38, Block 102, Plan 210, District Lot 541 Parking Required: 4 Parking Provided: 2 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. * * * * *