MEMORANDUM J Mayor and Aldermen July 24th, 197 R.A. Freeman City Clerk Re: Land Use Contract - Oceanshores Developments Ltd. - 2300 block Wilson Avenue Council members will recall that-on December 9th, 1974 a Public Hearing was held with respect to the above-noted matter and the Notice of Public Hearing issued at that time contained the following particulars: By-law No. 1346: To authorize the Council to encer into a Land Use Contract with Oceanshores Developments Ltd., 1313 West Pender Street, Vancouver, B.C., in the fo:m and to the extent set forth in "Land Use Contract No. 7“ which is set forth in a Schedule annexed to and made part of the By-law and the said Land Use Contract No. 7 shall extend to and shall regulate the development and use of lands described as: . ° i. Lot 1, Block 4, Plan 1213; 44. 5. 128' Lot 2, Block 4, Plan 1213; 4ii. Lot A, Block 4, Plan 17571; iv. Lot C, Block 4, Plan 20063; v. Lot D, Block 4, Plan 20063; all of District Lot 379, Group One, New Westminster District. The above property is located at 2351 Wilson Avenut-, 2369, 2381, 2385, and 2389 Bury Street, and upon its issuance Land Use Contract No. 7 will permit the land, buildings, and structures located or to.be located thereat to be used for certain uses peraitted in the RM-2 (Medium-Density Apartment Residential) Zones as set out in Section 4 of the said Land Use Contract No. 7 in order to permit the construction of a 43~suite apartment building and various provisions are contained in the said Land Use Contract concerning the subdivision of the property, the size, shape and siting of buildings and structures and various other matters. . In addition to By-law No. 1346 Council was considering By-law No. 1343 in connection with the same matter and By-law No. 1343 simply declared the property involved to be a "Development Area". The Developer has now firmed up his plans and is prepared to proceed and both By~laws will require minor amendments to take into account a changed legal description of one of the parcels of land and also to insert the final details of the Land Use Contract. Accordingly, we would suggest that if Council wish to proceed with this matter consideration be given to the following three resolutions: 1. "That the third reading of By~law No. 1343 as given on the Eighteenth day of November, 1974 be rescinded." 2. "That Section 1 of By-law No. 1343 be amended by striking out the letter '(q)' where it twice appears therein to refer to the section thereby added to Subsection (1) of Section 202A of By-law No. 918 and inserting in its place the letter '(v)' ;