ADMINISTRATIVE REPORT

Date: February 22, 1999

Author/Local:J. Griffin/7928

RTS No. 534

CC File No. 5802

TO:	Vancouver City Council
FROM:	General Manager of Engineering Services
SUBJECT:	Local Improvements Flat Rates

RECOMMENDATION

THAT the flat rates shown on the "List of Projects Completed in 1998", 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 1998. These rates will be used for local improvement billings to be sent out in March 1999.

DISCUSSION

For the Local Improvement projects completed in 1998, 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 1998", on file in the City Clerk's Office.

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(c) 1998 City of Vancouver