THE CORPORATION OF THE CITY OF PORT COQUITLAM C 0 UJ I

MEMORANDUM JAN 1§ 1978

TO: Mayor and Council January 12th, 1978

FROM: Planning & Zoning Committee

Re: R#12-76 - Land Use Contract for
64-Townhouse Units on Lougheed Highway

Council will recall that in December 1976 third
reading was given to a Land Use Contract with Airwate Cellcrete
to develop 64 townhouses on a site between Lougheed Highway
and Imperial Avenue.

Since third reading on the Land Use Contract the
proposed development has become inactive on the part of the
developer.

One of the clauses in the Land Use Contract is that
the development has to proceed in two stages with eight months
apart. The reason for this clause was te ensure that not all
64 units would come on the market in 1977.

We were recently approached by the developer to waive
this clause. The reason given is that the development is not
feasible if it has to proceed in two stages. The developer
also claimed that this is part of the reason why the proposed
project had been inactive for over a year.

Upon request by the developer the Planning and Zoning
Committee reviewed this clause and recommends that it be waived
so that the development can proceed. The Committee feels that
impact of this development is not as Significant as anticipated
as housing starts in 1977 were much lower than Council's policy
would permit. Furthermore, if the project had proceeded in 1977
it would be in its second stage by now.

Pa

L. Lee,
Planning Officer.

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See Sched. le b of’

Loud Use Coutrael bu reveese Siecle,
Cyry Crean