The Crack Cocaine of City Finance

The density bonus policy in the City of North Vancouver is not scheduled to be discussed until after the OCP Public Hearing on September 29th.

Jak's View of Vancouver v.3

Community Amenity Contributions — CACs — are a debilitating and socially-destructive drug that the City of Vancouver has fallen addicted to over the last twenty years.  They are, to be frank, the crack cocaine of city finance and they need to be flushed right out of our system.

Perhaps many of you have never heard of CACs; they are not, after all, everyday talk in the coffee shops and diners.  CACs are a bribe developers pay the city to allow them to breach the previously agreed zoning for a particular lot.  If you want to exceed the height limits, floor space ratio (FSR), use profile, or some other aspect of what the local community has determined is best for their neighbourhood, you can negotiate a fee — the CAC — with City Planning that will get you off the regulatory hook.  City Planning then puts that money toward specific…

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