WHEREAS City Council approved the new Parkland Dedication By-law (No. 2022-280) on August 31, 2022; and
WHEREAS the By-law now requires parkland conveyance or cash-in-lieu of parkland to be provided to the City before the issuance of a building permit for a new dwelling if it cannot be demonstrated that parkland dedication has been previously satisfied in accordance with the Planning Act; and
WHEREAS the By-law requires conveyance of parkland or cash-in-lieu of parkland at 5% of the gross land area for low density residential uses; and
WHEREAS 60% of the funds paid are allocated to use in the Ward in which the development is located and forty percent 40% of the funds paid will be allocated for citywide purposes; and
WHEREAS section 3(4) of the By-law permits Council to waive parkland dedication fees; and
THEREFORE BE IT RESOLVED that City Council waive the 60% of the cash-in-lieu of parkland fees required for the pending building permit at 5703 Loggers Way (being the Ward portion); and
BE IT FURTHER RESOLVED that City Council direct Staff to review the Parkland Dedication By-law to determine whether the By-law should be amended to extend the transition clauses for rural building permits outside of Villages where lands were subdivided for individual residential lot purposes prior to the new By-law coming into force and report back to the Agriculture and Rural Affairs Committee by Q3 2024.