Item - 2014.PG34.5

City Council on July 8, 9, 10 and 11, 2014, adopted the following:

1.         City Council authorize the Chief Corporate Officer to enter into of a License Agreement between the City and Ryerson University permitting Ryerson to display the restored Sam the Record Man signage, referred to in the report (June 10, 2014) from the Deputy City Manager, Cluster B on the roof of the City-owned building at 277 Victoria Street, such Licensing Agreement to be on the terms and conditions contained in Schedule "1" to the report June 10, 2014) from the Deputy City Manager, Cluster B and satisfactory to the Chief Corporate Officer in consultation with the City Solicitor.

2.         City Council approve an amendment to Chapter 694 of the Municipal Code, Signs, General to permit the display of a roof sign and a projecting sign as described in Attachment 3 to the report (June 10, 2014) from the Deputy City Manager, Cluster B at the premises municipally known as 277 Victoria Street.

3.         City Council authorize the City Solicitor to release the Easement Agreement registered as Instrument Numbers AT1868230, AT1868231 and AT1868232 from title to Ryerson's new Student Learning Centre and its Gould Street Library once Ryerson has:

a.         executed the Licensing Agreement for 277 Victoria Street to the satisfaction of the City Solicitor;

b.         installed the restored Sam Signage on the roof of 277 Victoria Street to the satisfaction of the Chief Corporate Officer and the Chief Building Official; and

c.         entered into an Amending Site Plan Agreement, which is registered on title to Ryerson's new Student Learning Centre at 341, 347 and 349 Yonge Street, such Agreement to provide for  the installation and maintenance by Ryerson of a plaque directing interested persons to the location of the Sam Signage at 277 Victoria Street, the Agreement and plaque to be to the satisfaction of the Chief Planner and Executive Director, City Planning in consultation with the City Solicitor and the Manager, Heritage Preservation Services.

4.         City Council direct the appropriate City staff to examine funding sources for a "Toronto Music City" sign that would anchor the Sam Signage to the building and provide a visual link to a possible music related facility at 38 Dundas Street East.

5.         City Council authorize the City Solicitor to prepare any necessary Bills for introduction in Council to implement Council's decision, subject to such stylistic and technical changes as may be required.

6.         City Council direct Real Estate Services and Economic Development and Culture Division staff to explore the temporary use of 38 Dundas Street East (formerly occupied by Hakim Optical), in conjunction with The Downtown Yonge BIA or other related organizations including Music Advisory Council, the Canadian Independent Music Association, or Ryerson University, as a possible "Toronto Music City" or other related facility for music development, promotion, tourism and export development and report back to the appropriate committee in 2015.

7.         In the event that 277 Victoria Street is sold in the future for re-development, City Council direct the Director, Real Estate Services to include in any Request for Proposal, reference to the cultural heritage significance of the Sam Sign, the need to preserve and maintain the sign on any new development on the site and further, in any response to the Request for Proposal, to include details of the method by which the sign is to be re-installed and how the maintenance of the sign is to be secured in perpetuity.