The former Credit Union at 44 Fourth Avenue North is a step closer to being used again.
At the regular meeting of Yorkton Council July 16, the owners received a parking exemption for the property.
The owners of 44 Fourth Avenue North are actively pursuing redevelopment of the property for use as a dental clinic. Because the property has been vacant, any development would be required to meet current Zoning regulations including the provision of off-street parking. Based on the proposed use, eight parking spaces are required but the current site can only provide for four, explained Carleen Koroluk, Land Use Planner with the City.
The situation had a number of potential solutions including;
Subject to Council approval, the Developer pays $3,000 per exempted space to the City to be used for future off-site parking improvements and/or maintenance as per Section 5.6.2 of the current Zoning Bylaw.
The Developer has applied to Planning Services, seeking an exemption for four parking spaces in exchange for $3,000 payment-in-lieu (totalling $12,000), said Koroluk.
Council was unanimous in granting the exemption with a payment-in-lieu.
