Housing Agreement - 2345 Kenworth Road
Motion
That: 1. “Housing Agreement Bylaw 2023 No. 7363” (to secure unit affordability) pass first reading; 2. “Housing Agreement Bylaw 2023 No. 7363” pass second reading; 3. “Housing Agreement Bylaw 2023 No. 7363” pass third reading; and, 4. Council direct Staff to register a covenant on the title of the land to reinforce the terms of the housing agreement.
Sources
Agenda itemCity agenda
Staff reportPage 2
Purpose
To obtain Council approval for a housing agreement for a 40-unit personal care facility at 2345 Kenworth Road in order to permit a 50% reduction in the development cost charges.
Staff recommendation
That: 1. “Housing Agreement Bylaw 2023 No. 7363” (to secure unit affordability) pass first reading; 2. “Housing Agreement Bylaw 2023 No. 7363” pass second reading; 3. “Housing Agreement Bylaw 2023 No. 7363” pass third reading; and, 4. Council direct Staff to register a covenant on the title of the land to reinforce the terms of the housing agreement.
DocumentsStaff report about Housing, Land Use & Urban Form