That Council grant an exemption in accordance with Section 524 of the Local Government Act – “Requirements in Relation to Flood Plain Areas,” to permit habitable use of the existing basement level below the required flood control elevation specified in “Zoning and Parking Bylaw No. 303, 2015” as shown in Architectural Plans A-01, A-02, A-03, A-04 dated December 4, 2020 and A-05, A-06 dated December 20, 2017 prepared by Progressive Concept Design, attached as Appendix “B” to Administrative Report No. 20-125 and subject to registration of a Section 219 covenant indemnifying the Municipality and attaching the geotechnical report prepared by EXP Services Inc., dated December 9, 2020, confirming that the building location and design are safe for the intended residential use.