OFFICIAL COMMUNITY PLAN BYLAW 7100 AND 9000, AMENDMENT BYLAW 10213 AND RICHMOND ZONING BYLAW 8500, AMENDMENT BYLAW 10212 (RZ 17-788900)

The Servicing Agreement and other covenants registered in favour of the City will provide that the City may at its option and in its sole discretion require the developer to provide a cash contribution to the City in lieu of constructing the required dike upgrades, based on a cost estimate acceptable to the City which shall be the greater of the amount of $5,085,000 or the estimated cost of all required dike improvements based on an approved Servicing Agreement design, as determined to the City’s satisfaction.

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