Draft Bylaw to Accept Payment in Lieu of Parking Space Requirements
Draft bylaw text establishing the financial requirements for payment in lieu of parking.
TOWN OF VIEW ROYAL
A BYLAW TO ACCEPT PAYMENT IN LIEU OF PARKING SPACE REQUIREMENTS
- This Bylaw may be cited for all purposes as “Payment In Lieu of Parking Bylaw 853”.
Definitions
- For the purpose of this Bylaw the following words have the following meanings:
“Town” means the Town of View Royal.
“Parking Space” means a dedicated space set aside for the purpose of parking a motor vehicle.
Payment In Lieu of Parking
In all areas identified in Schedule A of this bylaw, the owner or occupier of the land, building or structure may, in lieu of providing the required parking spaces as required by Town regulations for a given use, pay to the Town the amount of $12,000 for each parking space varied from those required in Town regulations for that use. Schedule A describes the maximum amount of required parking spaces which can be paid for in-lieu of providing the parking space, expressed in a percentage of required parking spaces.
If this option is taken, the owner or occupier of the land, building or structure must also pay an additional $10,000 per reduced parking space if the Town owns and operates an off-street parking facility within 250 metres of the land, building or structure for which the parking spaces are required.
READ A FIRST TIME THIS ___ DAY OF ___, 2013
READ A SECOND TIME THIS ___ DAY OF ___, 2013
READ A THIRD TIME THIS ___ DAY OF ___, 2013
ADOPTED BY COUNCIL, SIGNED BY THE MAYOR AND THE CLERK AND SEALED WITH THE SEAL OF THE TOWN OF VIEW ROYAL THIS DAY OF ___, 2013