ADMINISTRATIVE REPORT



                                                Date: October 2, 1995
                                                Dept. File No.148 589      
                                           (5002)


   TO:       Vancouver City Council

   FROM:     General Manager of Engineering Services

   SUBJECT:  Payment-in-Lieu Parking Application
             799 Homer Street - Ford Theatre



   RECOMMENDATION

        A.   THAT Council approve in principle the offer of payment-in-lieu
             in the amount of $120,000 by Live Entertainment of Canada Inc.
             for DE 400420, for the waiver of 10 parking spaces required by
             the approved DP 216461; 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 the  approved
   DP  216461  and  to  make  payment-in-lieu.    The  particulars  of  the
   application are as follows:

   Address:                 799 Homer Street
   Applicant:               Jim Moodie Consultants for Live
                            Entertainment of Canada Inc.
   Zoning:                  DD
   DE No.                   400420
   Type of Development:     New performing arts theatre
   Use:                     Theatre (6,038 m›)
   Legal Description:       Lot F, Block 55, Plan LMP17405, 
                            District Lot 541

                                     - 2 -




   Parking Required:                   25  (10  full-time  plus  15  during
   (theatre staff)                     matinees)
   Parking Provided:                   0
   No. of Spaces for Payment-in-Lieu:  10
   Recommended Amount/Space:           $12,000
   Total Payment-in-Lieu Amount:       $120,000

   A review of this application found that an off-site parking covenant was
   required due to  site constraints  for 10 full-time  parking spaces  for
   theatre staff and 15  part-time parking spaces for theatre  staff during
   matinees.   The  applicant  has had  difficulty  in securing  a  parking
   covenant, therefore; payment-in-lieu is  an appropriate alternative  for
   the 10 full-time staff spaces.  The value of pay-in-lieu is based on the
   value at the date of the original Development Permit approval.  Once the
   pay-in-lieu bylaw  is approved and the applicant makes the contribution,
   the  requirement for the parking covenant for 10 full-time staff parking
   spaces will be waived.

   For  Council's information, Live  Entertainment of Canada  Inc. has also
   asked  that the requirement for the 15  part-time spaces be waived.  The
   Library  Square parkade, which has surplus parking for its needs, should
   be able to  accommodate the  short-term parking needs  of theatre  staff
   during matinees, though they would compete
   with general public demands.  This  has been approved by the Director of
   Land Use and  Development in  consultation with the  General Manager  of
   Engineering Services.   In addition, Live  Entertainment of Canada  Inc.
   will be advertising the Library Square parkade on their theatre tickets.



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