9 Sep 2024 Council meeting Housing

Housing Agreement Application No. HA11 - 350 and 398 Franklyn Street (Part 1)

Motion
That “Housing Agreement Bylaw 2024 No. 7387” (To secure rental tenure and non-market rental housing) pass first reading. That “Housing Agreement Bylaw 2024 No. 7387” pass second reading. That “Housing Agreement Bylaw 2024 No. 7387” pass third reading; and, That Council direct Staff to register a covenant 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 53-unit multi-family development at 350 & 398 Franklyn Street to secure rental tenure and non-market rental units.
Staff recommendation
That: 1. “Housing Agreement Bylaw 2024 No. 7387” (To secure rental tenure and non-market rental housing) pass first reading; 2. “Housing Agreement Bylaw 2024 No. 7387” pass second reading; 3. “Housing Agreement Bylaw 2024 No. 7387” pass third reading; and, 4. Council direct Staff to register a covenant to reinforce the terms of the Housing Agreement.
DocumentsStaff report about Housing