A2 ADMINISTRATIVE REPORT Date: August 10, 1995 Dept. File No. A076 TO: Vancouver City Council FROM: Manager of Real Estate SUBJECT: Dedication of a Corner Cutoff for Left-turn Bays on Clark Drive at Broadway: 1300 East Broadway (Queen Alexandra Elementary School) RECOMMENDATION THAT Council authorize the Manager of Real Estate to proceed with the dedication of a 3.8 square metre (41 square feet) corner cutoff from Lot 1 of Lot A, Block 160, District Lot 264A Plan 15408 known as 1300 East Broadway from the Vancouver School Board at a cost of $40,800. Funding to be provided from Streets Basic Capital Unallocated Account No. 12/01/4827/999 - Granville @ King Edward - LeftŸturn Bay. GENERAL MANAGER'S COMMENTS The General Manager of Corporate Services RECOMMENDS approval of the foregoing. COUNCIL POLICY There is no Council policy directly applicable to this matter. PURPOSE The purpose of this report is to request Council's approval to proceed with the dedication of a 3.8 square metre (41 square foot) corner cutoff from Lot 1 of Lot A, Block 160, District Lot 264A, Plan 15408, (the Queen Alexandra Elementary School on the corner of Clark and Broadway) see Appendix A. BACKGROUND On July 21, 1994, City Council approved the design and construction of left-turn bays on Clark Drive at Broadway. Interim and permanent designs were approved. The above dedication is required for the permanent design. The Manager of Real Estate was authorized to commence negotiations for lands required for report back to Council. CURRENT SITUATION The Vancouver School Board at its meeting on March 27, 1995 agreed to dedicate the required portion of its school site for street widening purposes in exchange for the funds required to relocate the existing concrete retaining wall and related works to within the new property line. In addition the City will at its own cost demolish the corner of the retaining wall and remove all debris as required to allow for its reconstruction. Funding of $40,800 for the relocation of the retaining wall is available from the Streets Basic Capital Unallocated Account 12/01/4827/999 - Granville @ King Edward - Left-turn Bay. Funding in this account has been held for several years to be applied towards property acquisition for a proposed left turn bay. Property owners have been contacted and have been unwilling to sell. It is now appropriate to use funding for other purposes. The Manager of Real Estate is of the opinion that the cost of $40,800 for the retaining wall is reasonable in exchange for the portion of the school site to be dedicated for road. * * * * *