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City of Port Coquitlam

Report to Council
To: City Council May 12, 1994

From: J. Maitland,
“Treasurer / Deputy Administrator

Subject: Downtown parking improvements

Recommendation:

1, That City Council autt the demolition of the former Leig' :uare medical building, 1994.
2. That City Council au sonstruction of a parking lotont: —ove site
3. That the estimated cx 2,000 be taken from our Parking. erve.

Background and Commeits:

The firm of J. T. Barkley and Associates was retained to review the feasibility of undertaking
renovation of the former medical building. The Barkley report outlines the condition of the building
and what work would be required to be done in the proposed renovation and in the Executive Summary

he states that “based on the costs identified in this report it does not seem that renovation is
economically “easonable.

Mr. Barkley met with the former FIG Committee to review his report and during the meeting he

_ expressed the opinion that the building was built in the 1950's and was designed to last thirty years and
that if we undertook the renovation we would be looking at extendisz the life of the building for only
another ten to fifteen years.

Some of the major costs of the proposed renovation is a result of th .ding being so close to City
Hall. The committee asked Mr. Barkley to review a proposal unde: ich a canopy would link the
three buildings thus reducing the spatial separation requirements. Mr. Barkley submitted a second
report which outlined that “amalgamation will not result in cost savings but is more likely to result in
additional costs,” | | oe

The options available are:
@ to renovate the building at an estimated cost of $500,000 | | |
e to demolish the building and provide additional parking for the downtown area at an estimated cost

of $52,000

The committee ~ecommends demolition of the building and construction of a 28 space parking lot with
funding comin m our Parking Reserve which had a balance of $417,798 at the end of 1993 and

there are no fur commitments from this reserve.

J. Maitland, Treasurer / Deputy Administrator

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