, Batol 4 ae THE CORPORATION OF THE CITY OF PORT COQUITLAM Mr. BeR. Kirk DATE: March 5, 1991 City Administrator File No. 7/91 Carlos Felip Director of Planning Parking Agreement - 2614 Shaughnessy Street Planning and Development Committee - March 6, 1991 RECOMMENDATION That the Mayor and Clerk be authorized to sign the attached parking agreement, when completed. BACKGROUND: On February 25, 1991, Counci]. in Committee considered an application for parking from Poco Cabaret Limited, of 2614 Shaughnessy Street. The Cabaret has an approved licence to operate with 225 seats; an application to increase that number to 325 seats was rejected by Council on March 4, 1991. The applicant wants now to proceed with the agreement, limited to 45 parking stalls, to comply with the requirements emanating from the 225 seats Cabaret. DISCUSSION s Poco Cabaret Limited has nearly completed the upgrading of their facility at 2614 Shaughnessy Street. In order to begin the operation of the Cabaret, with a capacity of 225 seats, they require the provision of parking, which they cannot accommodate within their property. The applicants have agreed with the conditions for the agreement requested by Council ($7.50 per month per stall plus $350.00 per stall initial payment), and this agreement has been prepared by our Solicitors. “It is now in order for Council to authorize the Mayor and Clerk to ratify the agreement. Carlos Felip, M./Arch. M.C.1.P. . Registered Planner, Director of Planning )