Quote:
Originally Posted by GenWhy?
From the City's website:
"Get background information on CACs. Select 'show more' to get details and documents.
If you would like historical reports, email [email protected]."
I bet some of the CAC money went towards the Granville bridge bikelane upgrade? also likely a bit into the pot that collects money for social housing and childcare.
Anyone smarter than Robert know where the CAC money went?
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EDIT: Wrong rezoning
It mentions a CAC of $40,225,000
Cash $24.5 million 9.5 million for childcare, 8.5 million for social housing, 2 million for active transportation in South Vancouver, 4.5 million for the VAG plaza
15.7 million for that building next to the Grosvenor project across the street
https://council.vancouver.ca/20170124/documents/p3.pdf
RE: Granville Connector funding
Quote:
Both the Granville Bridge Connector and Drake Street projects are included in the 2019-2022
Capital Plan. The majority of the funding include development contributions such as Community
Amenity Contributions (CACs), City-wide Development Cost Levies (DCLs) and other developer
contribution reserves. Staff are also coordinating with TransLink to pursue additional funding
support and will explore opportunities for Federal and Provincial stimulus contributions should
opportunities arise. The multi-year project budget and funding structure for the Granville Bridge
Connector and Drake Street is outlined below:
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https://council.vancouver.ca/20200916/documents/cfsc2.pdf