City CouncilMeeting 25
Lansdowne Partnership Plan - Authorization to Proceed to the Next Steps in the Redevelopment Report
Council was asked to
- the requirement that 10% of new residential units constructed as part of Lansdowne 2.0 by the future applicant be given to a non-profit housing provider to own and operate for the purposes of providing affordable housing on site, and that this requirement included in future purchase agreements for air and subterranean rights at Lansdowne Park stemming from the Lansdowne 2.0 proposal
- this requirement allows for a cash equivalent of the value of the units to be alternatively provided to the city for the purpose of building affordable housing.
Lost
7 for, 17 against
- Affects
- City-wide
- Agenda item
- 7.2
- Motion number
- 2023 - 25-16
- City file number
- ACS2023-PRE-GEN-0009
How each member voted
The recitals
- one of the seven negotiating principles council approved for staff in relation to the replacement of sports facilities with contemporary facilities is: “Affordable housing will be a key consideration in whatever is negotiated”
- when affordable housing was initially proposed by staff for Lansdowne 2.0, it was for at least 10 per cent of units to be provided as affordable on site
- this commitment was to be "embedded in the process to seek bids for air rights, consistent with Council direction"
- this commitment was to be “a requirement for the successful purchaser of air rights and will be the baseline built into the agreement between the winning bidder of the air rights (developer) and the housing provider;” THEREFORE
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This entry was transcribed from the City Clerk's official minutes. If anything here looks wrong, the minutes are the authority.
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