Item - 2020.TE13.43

The Toronto and East York Community Council recommends that:

1.  City Council exempt the applicant at 57-77 Wade Avenue from providing 14 of the 47 non-residential parking spaces required under City of Toronto Site Specific Zoning By-law 1663-2019 and the 47 parking spaces required under City of Toronto Site Specific Zoning By-law 1664-2019, subject to a $200,340.00 payment-in-lieu of parking, providing the applicant signs a Payment-In-Lieu of Parking Agreement with the City, to the satisfaction of the City Solicitor.

This report seeks City Council's approval to exempt the applicant from a portion of the parking requirement specified in Site Specific By-law 1663-2019 to provide 47 non-residential parking spaces and the parking requirement specified in Site Specific By-law 1664-2019 to provide 47 parking spaces.  The applicant is only able to accommodate 33 parking spaces on-site and has requested a Payment-in-Lieu of Parking to the City, which amounts to $200,340.00 for the proposed 14 parking space shortfall.

The parking exemption is considered appropriate since the parking space shortfall will not have a significant impact on parking conditions in the area.

Section 40 of the Planning Act grants City Council the authority to approve payment-in-lieu of parking.  This application has been made pursuant to the City's Payment-In-Lieu of Parking Policy, adopted in July 2004. City Council approval is required as this matter has not been delegated.