Application by 1260479 BC Ltd. for Rezoning at 9600/9620 Garden City Road from the "Two-Unit Dwellings (RD1)" Zone to the "Low Density Townhouses (RTL4)" Zone

The City's OCP establishes a policy framework for the provision of market rental housing. Small-scale projects, including townhouse developments with five or more units and less than 60 units, are not required to provide purpose-built market rental units so long as a CIL contribution is made to the City's AHRF. The CIL contribution amount for townhouse developments is $3.09 per buildable square foot. In accordance with the City's Market Rental Housing Policy, the total CIL contribution is $23,848.17, which the applicant is required to provide prior to final adoption of the rezoning bylaw. Amenity Space Consistent with the OCP, the applicant has opted to provide a voluntary contribution to the City's Leisure Facilities Reserve Fund in the amount of $11,545.00 ($2,309 .00/unit) in lieu of providing common indoor amenity space on-site. The applicant is required to provide this prior to final adoption of the rezoning bylaw. Where the contribution is not received within one year of the rezoning bylaw receiving third reading, the contribution shall be recalculated based on the rate in effect at the time of payment, as updated periodically and published in a City bulletin.

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