Item - 2018.MM36.15
- City Council adopted this item on January 31, 2018 without amendments.
MM36.15 - Development Charges Credit for New Park Secured through Development Application (30 and 50 Mutual Street) - by Councillor Kristyn Wong-Tam, seconded by Councillor Shelley Carroll
- Decision Type:
- 27 - Toronto Centre-Rosedale
City Council Decision
City Council on January 31 and February 1, 2018, adopted the following:
1. City Council approve a development charge credit against the Parks and Recreation component of the Development Charges for the design and construction by the Owner of the Above Base Park Improvements to the satisfaction of the General Manager, Parks, Forestry and Recreation; the development charge credit shall be for the Site Plan Application (15 270190 STE 27 SA) associated with Phase I of the proposed development at 30 and 50 Mutual Street; the development charge credit shall be in an amount that is the lesser of the cost to the Owner of designing and constructing the Above Base Park Improvements, as approved by the General Manager, Parks, Forestry and Recreation, and the Parks and Recreation component of development charges payable for the Phase I development in accordance with the City's Development Charges By-law, as may be amended from time to time.
Background Information (City Council)
(February 1, 2018) Fiscal Impact Statement from the Interim Chief Financial Officer
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM36.15 be referred to the Toronto and East York Community Council. A two-thirds vote of the Council Members present is required to waive referral.