HomeMy WebLinkAboutDTS-08-046 - Cash-in-Lieu of Parking Policy - Downtowni
KITC~~R
Development &
Technical Servite$
REPORT
deport To: Development and Technical Services Committee
late of Meeting: March ~, X008
submitted ~~: Jeff IIIlillmer, DirectorofPlanning
Prepared By: Lisa Thompson, Planning ~~ 9-741-847
ward~~ involved: All
date of deport: March 1, ~a08
Report No.: DTS-08-o4fi
ub~ect: dash-In-Lieu of Parking Policy ~ Downtown
REC~MMENDATI~N:
~. That the revised Cash*In-Lieu of Parking poiioy attached to Report DTI-~~-046 be
adopted and incorporated into the City of Kitchener Policy Manual.
BAG~CFtOUND:
In 199a the pity of Kitchener undertook a comprehensive Parking Requirements study which
was prepared by humming Dockburn Limited. but of the stud}, one of the recommendations
was to implement aCash-In-Lieu of Parking policy for the Downtown, A policy was prepared by
staff and adapted by council on July g,199~~
Section 4~ of The Planning Act continues tv give municipalities the ability to exempt an owner or
occupant from providing required perking provided an agreement is entered into. This
exemption allows municipalities to accept monetary payments where required parking facilities
are being exempt.
Aside from making cash-in-lieu of parking payments, there are other options available to
developers where parking cannot be accommodated on site, The City's honing By-law permits
required parking spaces to be located off site within BOO metres of the subject properky provided
certain regulations are met and an agreement is registered on title, Alternatively a property
owner would have the option of applying for a minor variance to the Committee of Adjustment
requesting a reduction to the required number of parking spaces; however, with the existence of
the cash-in-lieu option there are limited circurr~stances in which a variance could be justified.
The existing Cash~In~Lieu of Parking policy is based an the 1990 construction east of
~~O,aaa.aa per space. It was intended that the amount would be reviewed and approved
annually by Council. Eighteen years have elapsed since the initial implementation of the policy
without any adjustment to the construction cast,
REPORT:
The existing Cash-In-Lieu of Parking palicy has been little used in the past, however, new
Provincial legislation with regard to infill development and intensification and the increased
popularity of adaptive reuse of existing buildings may render the palicy as a more desirable and
useful tool, bath now and in the earning years and should therefore be updated to reflect current
construction casts, The palicy can only be a valuable tool if it is kept current by providing for
annual inflationary increases,
It is estimated that in ~~08 the construction cast far an above grade parking space to be
a,400.aa, and a single below grade space is estimated to be up to 4a,000.00, Below grade
parking facilities typically have a ~g~0°l~ premium for additional excavation, ventilation, lighting,
maintenance etc These figures were derived from the ~~~2 parking garage tender put nut by
the City. The ~00~ casts were increased by 4°lo per year to bring them in lane with ~O~S
construction costs. They were also confirmed as being reasonable by the consultant who
designed the garage as well as one of the firms that bid on the project.
The figure proposed to be utilized in the palicy does not factor in land cost but rather, is based
on the assumption that any new parking structure will be constructed on land already awned by
the City of Kitchener. It is further Hated that development of any surface parking lots are a
chart-term interim measure and that multi-level parking structures are the long-terra soletion.
Far the purpose of the cash-in-lieu of parking palicy staff recamr~ends the fee be increased to
~,D00.~0 per parking space. This is a blended cast between an above grade and below
grade structure. since these contributions are being applied to~vard a future structure, whose
design at this time is unknown, a oast midway between an above grade and below grade
structure is reasonable.
FINANCIAL tMPLICATI~N:
The intent of the recar~r~ended approach is to bring the palicy up to date with current
eanstructian casts to ensure adequate funds are being collected to be utilized in the
construction of future City parking structures. This amount will be adjusted annually, based on
the statistics Canada Nan-Residential Building Construction Price Index, and included in the
annual schedule of Fees Charges.
C~~IM~NICATI~N;
None required,
Z
~~~~~VI~I~i
Revising the current policy to bring construction costs for parking structures up to date with
actual construction costs and to adjust the amount on an annual basis wilt ensure adequate
funds are being coiiectd at any time the policy is utilized, If an owner or occupant chooses to
use the cash-in-lieu of parking option, the monies collet#ed will he utilized to defray the cast of
developing future pity parking structures.
Lisa T o ps , APT
Developme T' chnician
J mer
D~ e r of Planning
J n McBride
Director of Transportation Planning
Attachments:
Proposed Revised ash~In~Lieu of Parking Policy
asM-In-Lieu of Pa~~cing Polio
{a} That the Cash-i n-Lieu of Parking Policy apply to the Dawntawn Area as identified in
official Plan flap fib, as may be amended from time to time,
fib} That the Cash-In-Lieu of Parking Policy be based an a ~~a8 construction cast of
~,a~4.~~ per parking space. This amount to be adjusted January 1 ~t of each year
based on the Statistics Canada f~on-Residential Building Canstruction Price Index.
~c} That in circumstances where the developer i unable to provide the required number of
parking spaces, the cast of the spaces which cannot be created will be paid far by the
developer to the City's Parking Reserve Fund.
~d~ That applicatians far Cash~ln-Lieu of Parking be submitted to the Development and
Technical Services Department at the time of application far Site Plan Approval and that
bath applicatians be processed concurrently,
{e} That a Review Cornrnittee comprised of the Directors of Planning, Transportation
Planning, Legal Services and Finance crtheir designate be established to review the
merits of each application and to grantapproval if deemed appropriate.
~f} That in the case of a Cash-ln^Lieu of Parking application being approved, such payment
must be received by the City prior to the issuance of the building permit,
fig} That all Cash-in-Lieu of Parking agreements be registered an title priarta the issuance
of the building permit.
~h} That all funds generated through Cash-ln-Lieu of Parking payments be placed in a
special fund as specified by Section 4~ of The Planning Act and that such funds be used
to defray expenses incurred by the City in the acquisition, establishment, layout, ar
improvement of existing ar additional parking lots ar facilities.
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