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By-law No. 4788

By-law Number:
A by-law to amend Zoning By-law No. 4404, as amended, to: Increase the distance which applicants can provide parking from their development from 150 metres of the development site to anywhere within the Downtown zone; Increase the amount of parking which developers can meet via payment of cash-in-lieu from 25% to 50%; Reduce the payment-in-lieu fee calculation for motor vehicle parking from 1.5 to 1 times the value of the land and construction costs (including paving) for the equivalent amount of parking required on the affected site; Allow, subject to Council approval, applicants to donate to the City the equivalent land area to meet the Zoning By-law’s off-street parking requirements; Allow developments with current surface parking lots approved under a previously approved Development Permit to apply to transfer the required parking to a parking structure in the Downtown zone; and Allow a developer to provide a car-share vehicle and stall which shall serve as the equivalency of the parking requirements for six multi-family dwelling units in all residential zones.