Lease Disposition to BC Housing - Portion of 1030 Old Victoria Road
Motion
That Council approve, subject to BC Housing agreeing to a good neighbour agreement and the establishment of a Community Advisory Committee, the disposition of a 3-year lease, with the option for two 2- year renewals, for a portion of City -owned land located at 1030 Old Victoria Road to the Provincial Rental Housing Corporation.
Sources
Agenda itemCity agenda
Staff reportPage 1
Purpose
To seek Council approval to issue a 3-year lease, with the option for two 2-year renewals, to the Provincial Rental Housing Corporation for a portion of City-owned land located at 1030 Old Victoria Road to facilitate BC Housing’s construction and operation of a Navigation Centre.
Staff recommendation
That Council approve the disposition of a 3-year lease, with the option for two 2-year renewals, for a portion of City-owned land located at 1030 Old Victoria Road to the Provincial Rental Housing Corporation.
DocumentsStaff report about Community Health & Wellbeing, Housing, Land Use & Urban Form