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w at er lo oc hr on ic le .c a W at er lo o C hr on ic le | T hu rs da y, Ju ne 23 ,2 02 2 | 18 NOWOPEN NOTICE OF PUBLIC MEETING CITY OF WATERLOO COMMUNITY BENEFITS CHARGE BY-LAW & PARKLAND DEDICATION BY-LAW On June 27, 2022, the City of Waterloo Council will hold a public meeting regarding a pro- posed community benefits charge by-law, and review of the existing parkland dedication by-law, which would apply throughout the city. Enactment of a new community benefits charge by-law and a parkland dedication by-law by Council will occur on a date subse- quent to this public meeting. Community benefits charges are imposed under the Planning Act on new buildings with five or more storeys and ten or more residential units. Like development charges, they are used to help pay for growth-related capital expenditures. Prior to passing a community benefits charge by-law the city must prepare a community benefits charge strategy that, among other things, identifies the facilities and services to be funded from the charge. The city uses the parkland dedication by-law to secure land, or cash-in-lieu of land, from development for parks. The proposed parkland dedication by-law will not contain any changes to the current parkland dedication rates and policies. The purpose of the public meeting is to provide the public with an opportunity to review and provide comments on the community benefits charge strategy, draft parkland dedication by-law, and related city staff report. All interested parties are invited to watch and/or listen to the electronic meeting. Monday June 27, 2022, no earlier than 2:00 pm youtube.com/citywaterloo/live If you would like to submit written comments or make a presentation to Council on June 27, 2022 regarding the meeting,please contact Legislative Services at 519-747-8549 or clerkinfo@waterloo.ca no later than 10:00 am, on Monday June 27, 2022, so that necessary arrangements can be made with respect to the agenda. For more information about the meeting, please contact 519-747-8549 or email clerkinfo@waterloo.ca Copies of the community benefits charge strategy and draft parkland dedication by-law will be available on June 17, 2022 at www.engagewr.ca/cbc-parkland-dedication. For more information, or to receive a copy of the documents, contact Michael Pugliese at michael.pugliese@waterloo.ca or 519-886-2310, ext. 30264. P. 519-886-1550 TTY. 1-866-786-3941 waterloo.ca After opening in 2021, the Streetlights bar in Waterloo announced earlier this year it was closing due to unforeseen cir- cumstances. The building, formerly known as the Chainsaw bar, underwent renovations last year for the Miami-themed club that has sat dormant for months; however, the doors to it were open again on Wednesday afternoon. JUST THE FACTS • New leasee, Kitchener resident Randy Jackson, says he has plans to turn the ven- ue into a Mexican-Caribbean restaurant. Tight-lipped about his vision for now, Jackson said he'll keep some of the fea- tures from the former club, which includ- ed sand, palm trees and tropical plants. With renovations underway, his plan is to open as soon as possible this summer. • Long-range plans for the property are less clear. A title search of 28 King St. N. shows two parcels, including the building and parking lot area extending to Regina Street North, were purchased in Decem- ber of 2021 for $2.8 million and $1.34 million respectively. • The building beside it at 24 King St. N. -- the former Waterloo Stage Theatre that currently houses Erb and Culture night- club -- was purchased by the same compa- ny last December for $2.05 million. The building behind it at 3 Regina St. N. (for- merly the Waterloo Music building), which includes apartments and offices, was pur- chased in December for $7.65 million. • The purchasing company LPMR GP Inc. lists George Georghiades as director. Georghiades and his brother Nick run Lexington Park Real Estate Capital and in 2009 bought the historic Waterloo Hotel building at the corner of Erb and King. It's currently home to several businesses. • Attempts to reach a company repre- sentative were not returned. Lexington Park is behind various development pro- jects in Waterloo, including the historic post office on the west side of King Street North, which is currently undergoing ex- tensive renovations for office and retail purposes. Is something happening your commu- nity you want to know more about? Email the newsroom at editorial@waterloo- chronicle.ca. NEWS WHAT'S GOING ON HERE? BUILDINGS ON BLOCK BEING BOUGHT UP BY DEVELOPER A new tenant says he has plans to convert this former bar into a Caribbean-Mexican restaurant. Bill Jackson/Metroland WONDERING WHAT'S GOING ON SOMEWHERE IN YOUR COMMUNITY? VISIT WATERLOOCHRONICLE.CA BILL JACKSON bjackson@torstar.ca