} j a i i } | i iy March Ist, 1976 instance the reason for the application was to enable two brothers~in- law to obtain mortgages and meet eligibility requirements for the Provincial Home-owners Grants. Alderman Thompson noted that the present construction of the 200 + units in the G.V.R.D. development at Coast Meridian and Prairie will surpass the percentage requirements for rental accommodation and the project is well underway. From the Land Use Committee, February 27th, 1976 regarding an Land Use Comm.re ; frontage exemp. | application for subdivision of the property between Coast Meridian Road, subd. C.Meridian/: Lynwood/Victoria | Lynwood Avenue and Victoria Drive which meets all requirements of the Subdivision of Land By-law except for frontage and recommending that the Council grant a frontage exemption for this proposed subdivision as permitted under Section 712(2) of the Municipal Act. Moved by Alderman Laking: Seconded by Alderman Traboulay: That the recommendation of the Land Use Committee, February 27th, 1976 with respect to an application for subdivision (as shown on City Drawing No. 209-93) of the property between Coast Meridian Road, Lynwood Avenue and Victoria Drive to grant a frontage exemption for this proposed subdivision as permitted under Section 712(2) of the Municipal Act, be approved. Carried. Prior to passage of the foregoing resolution, Alderman Thompson referred to a previous proposal for this property in which more lots were available and houses would have been available at a lower cost and directed a question to Mr. Art Ricard, the Developer who was present in the gallery, as to how much of an increase in price would be due to the larger house and lot as proposed in this application. Mr. Ricard advised that there would be an increase of some $3,000. to $4,000. per unit. Alderman Laking indicated that although the present Proposal would take the units out of A.H.O.P. range, and the 50 foot subdivision proposal would have been an excellent idea, he was oware that the delay to Mr. Ricard to either wait for the new Zoning By-law to be prepared or to proceed with the development under a Land Use Contract would be unreasonable. Alderman Mabbett suggested that there may have been some question as to ‘whether or not the original proposal would have conformed to A.H.O.P. standards and, additionally, there hae been some controversy in the Council in going to a full block of small lots.