Public Hearing - March 18, 2024 – Minutes - City of Richmond, BC

PH24/3-4 It was moved and seconded That Official Community Plan Bylaw 7100, Amendment Bylaw 10523 be given second and third readings. The motion was not called as discussion ensued in regards to (i) more green space, (ii) establishing a plan for a new school, (iii) building more affordable housing units, (iv) the design details of the buildings, (v) rental rates, tenant income and tenant management, (vi) timeline to build Phase 1A, (vii) additional below grade parking, (viii) tree retention, (ix) Net Zero Carbon Ready inclusive buildings, and (x) options of adding student housing. Discussion further ensued in respect to market rental housing and LEMR units noting that the rental rates and tenant income will be established by the Housing Agreement that will be registered on title. A memorandum of understanding has been made between the developer and S.U.C.C.E.S.S. with respect to the management of the tenants in the LEMR units and as part of the Housing Agreement, the City can include that S.U.C.C.E.S.S. prioritize Richmond residents and/or people that work in Richmond for the rental units and that staff will provide more information in the Housing Agreement report. The question on the motion was then called and it was CARRIED with Cllrs. Day and Wolfe opposed.

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