ADMINISTRATIVE REPORT

Date: April 26, 2000
Author/Local: Robert Waite 7217

RTS File # 01467

CC File No. 5655

Council: May 30, 2000

TO:	Vancouver City Council
FROM:	General Manager of Engineering Services
SUBJECT:	Payment-in-Lieu of Parking Application: 1220 Homer St.

RECOMMENDATION

A. THAT Council approve in principle, the offer of payment-in-lieu in the amount of $54,000 by O'Connor Estates Ltd. for the waiver of 4 parking spaces required by Section 4.1.2 of the Parking By-law.

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: 1220 Homer Street
Applicant: Mr. Merwin Chercover
Zoning: HA-3
DE No. 404860
Type of Development: Warehouse
Use: General Office
Legal Description: Lot A of 12 Block 76 Plan 6488 District Lot 541
Parking Required: 4
Parking Provided: 0
No. of Spaces for Payment-in-lieu: 4
Recommended Amount/Space: $13,500
Total Payment-in-Lieu Amount: $54,000

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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(c) 1998 City of Vancouver