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File #: 21-464    Version: 1 Name:
Type: Staff Report Status: Passed
File created: 9/22/2021 In control: Council
On agenda: 9/27/2021 Final action: 9/27/2021
Title: Cash in Lieu of Parkland Dedication - 916 and 920 Old Esquimalt Road
Attachments: 1. Appendix A Local Government Act Section 510 Requirment for Provisoinof Park Land or Payment for Parks Purposes, 2. Appendix B Key Map and Air Photo, 3. Appendix C Bare Land Strata Plan EPS6543, 4. Appendix D Appraisal Report
REQUEST FOR DECISION

DATE: September 22, 2021 Report No. DEV-21-068
TO: Laurie Hurst, Chief Administrative Officer
FROM: Bill Brown, Director of Development Services
SUBJECT:

Title
Cash in Lieu of Parkland Dedication - 916 and 920 Old Esquimalt Road
End

RECOMMENDATION:

Recommendation
That Council accept $36,250.00 as cash in lieu of parkland dedication based on five percent (5%) of the appraised value of the $725,000.00 (Appendix D) for the proposed five-lot subdivision as proposed in Plan EPS6543 (Appendix C) and that the funds be deposited in to the Parkland Acquisition Reserve Fund.
Body

RELEVANT POLICY:

Declaration of a Climate Emergency
Local Government Act
Official Community Plan Bylaw, 2018, No. 2922
Zoning Bylaw, 1992, No. 2050
Parking Bylaw, 1992, No. 2011
Development Application Procedures and Fees Bylaw, No. 2791, 2012
Subdivision and Development Control Bylaw, 1997, No. 2175

STRATEGIC RELEVANCE:

Strategic Goal: Enhance opportunities for Parks & Recreation

Operational Strategy: Continue with opportunity to replenish Parkland Acquisition Fund.

BACKGROUND:

Appendices
Appendix A: Section 510 of the Local Government Act
Appendix B: Subject Property Map, Air Photo, OCP Maps
Appendix C: Proposed subdivision
Appendix D: Appraisal report

Timeline
September 11, 2019 - Subdivision Application Received (the application was submitted prior to rezoning bylaw being adopted).
June 22, 2020 - Zoning Bylaw 2948 adopted.
March 12, 2021 - Development Permit Application (Subdivision) received.
June 14, 2021 - Council approves the subdivision Development Permit.
July 12, 2021 - Council approves payment of fifty percent (50%) of the cost of the appraisal.
August 25, 2021 - Appraisal report received.

Purpose of the Application

The owners of the subject properties have applied to have it subdivided into five lots and a common property access [Appendix C]. Because more than two additional lots are being created and because staff can find no e...

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