Quote:
Originally Posted by Sheba
Won't the Oakridge site's CAC contribution go towards those things? I thought some of it was going into the mall.
|
Portions of the massive CAC's that will be collected from the Oakridge Mall development will go back into the Mall development but None of the future CAC allocation for the sites surrounding the mall will go to fund area improving assets. As of now the City is proposing extracting 100% of the CAC's towards building below market (affordable) housing for all of the sites that will be upzoned around the mall. COV needs better / more swimming pools. Take a look at North Vancouver District. thats something they do well.. build great recreation centres.
Threaded Mode