That report CMS-EDC-2020-006 dated November 9, 2020 regarding Development of 82, 86-90 Broadway be received;
And that Council direct staff to commence preparations for the eventual sale of the properties for development through a Request for Proposal process as outlined under Scenario One of the report CMS-2020-006 being a 4 storey, 47,300 square foot (sf) building with residential and retail commercial space fronting on Broadway which includes parking for a privately owned residential development within an underground garage and the Town-owned public parking through a mix of surface and underground parking;
And that Planning Division staff be directed to move forward with steps required to rezone the site to establish built form requirements;
And that staff be directed to obtain Phase I and II Environmental Assessments of the property as required, and report to Council with results;
And that staff be directed to obtain a comprehensive parking strategy for the Downtown that considers paid parking recommendations;
And that staff be directed to obtain an Economic Impact Study as a result of the re-development of the property;
And that Council direct staff to make a 2021 capital budget submission of $75,000 for the completion of a Phase I and II Environmental Assessment; a Parking Strategy for the Downtown; and an Economic Impact Study for the development.