ADMINISTRATIVE REPORT


                                                Date: February 6, 1996
                                                Dept. File No. 120 573


   TO:       Vancouver City Council

   FROM:     General Manager of Engineering Services

   SUBJECT:  Burrard  Landing -  Proposed  Closure of  Portions of  Unnamed
             Roads North of Hastings Street and West of Burrard Street


   RECOMMENDATION

        A.   THAT, once dedicated, all those portions of road shown hatched
             on the attached plan in  Appendix A be closed, stopped  up and
             leased to the abutting property owner, Marathon Realty Company
             Ltd., at a nominal rate for interim uses.  

             No  legal right or obligation is created hereby and none shall
             arise thereafter  until  the lease  is  executed.   The  lease
             agreement  must  be  satisfactory  to the  Director  of  Legal
             Services and the City Engineer.

        B.   THAT, once dedicated, all those portions of road shown hatched
             on the attached  plan in Appendix B be  closed, stopped up and
             leased to the abutting property owner, Marathon Realty Company
             Ltd.,  at a  nominal  rate for  marina  uses, subject  to  the
             conditions listed in Appendix C.


   COUNCIL POLICY

   Authority  for closing and disposing of streets  and lanes is set out in
   the Vancouver Charter.


   PURPOSE

   This report requests Council approval to close, stop up and lease to the
   abutting property owner, Marathon Realty Ltd., portions of road north of
   Hastings  Street and west of Burrard Street, once dedicated, for interim
   use until construction  of the  infra-structure commences  and for  long
   term use related to the marina operation for roads covered by water.


   BACKGROUND

   Upon enactment  of the  zoning for  Burrard Landing, the  roads in  this
   phase  of the  development will  be dedicated  to the  City.   Since the
   developer has  tenants occupying the land  to be dedicated as  road, and
   would  like  the   ability  to  continue   the  tenant's  leases   until
   construction  begins on the infrastructure, a  condition was included in
   the Burrard Landing referral report  to accommodate interim   uses.   At
   the  public hearing on September 15, 1994, Council approved the rezoning
   of  201  Burrard  Street  (Burrard  Landing)  subject  to  a  number  of
   conditions including:

        "THAT  Council permit,  at  the discretion  of  the City  Engineer,
        either the  lease back to Marathon,  at a nominal rate  of $100, or
        the  granting  of an  encroachment  agreement (which,  at  the City
        Engineer's discretion,  may be for a  nominal rate and for  a fixed
        term)  of   portions  of  the  street   dedication,  including  the

        waterfront    walkway,   until   required   for   construction   of
        infrastructure,  the  terms  of   the  lease  or  the  encroachment
        agreement,  as the case  may be, to  be to the  satisfaction of the
        Director of Legal Services and the City Engineer."

   One  of the  requirements  of subdivision  for  Burrard Landing  is  the
   dedication  of the extension of 'Burrard Place' to the harbour headline.
   This  dedication occurs  in  the waterlot  where  marina development  is
   permitted.  The developer would  like to lease back the water  area over
   the dedicated road for marina use.  

   A  similar  situation   occurred  in  the  first  phase   of  Marathon's
   development  in Coal  Harbour, the  Marina Neighbourhood.   On  July 27,
   1993, Council approved the use of  the water area over dedicated road in
   the  Marina Neighbourhood development in  Coal Harbour at  a nominal fee
   for  marina  operations.   Subsequent to  this,  on September  14, 1993,
   Council  approved the closure and  lease of portions  of these dedicated
   roads in the  Marina Neighbourhood development to  the abutting property
   owner, subject to a number of conditions. 

   DISCUSSION

   Marathon  is  presently  finalizing  the subdivision  plan  for  Burrard
   Landing and will  be dedicating roads  to the City.   In order to  lease
   these roads back  to Marathon, the roads, once dedicated, must be closed
   and stopped up.  

   The portions  of the road to be leased  to Marathon on a temporary basis
   until  the roads are needed  for construction of  the infrastructure are
   shown in  Appendix A.  As approved by Council at the public hearing, the
   terms of the lease will be to  the satisfaction of the City Engineer and
   the Director of Legal Services.


   The portions of the  road to be leased to the developer  for marina uses
   are shown in  Appendix B.  The terms of the lease, listed in Appendix C,
   are similar to the existing lease for the Marina Neighbourhood.  As with
   the Marina Neighbourhood, staff  recommend that the road be  leased back
   to  the developer at a nominal rate as the land will be dedicated to the
   City by Marathon.  


   CONCLUSION

   As approved by Council at the Burrard Landing public hearing for interim
   uses  and similar  to the  Marina Neighbourhood  for marina  uses, staff
   recommend  that portions of the road, once dedicated, be closed, stopped
   up  and leased to the  abutting property owner,  Marathon Realty Company
   Ltd., at a nominal rate.

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