Item - 2019.CC5.7
Tracking Status
- City Council adopted this item on March 27 and 28, 2019 with amendments.
CC5.7 - 1245 Dupont Street, 1260 Dufferin Street, and 213 Emerson Avenue - Official Plan Amendment and Zoning Amendment Applications - Request for Directions
- Decision Type:
- ACTION
- Status:
- Amended
- Ward:
- 9 - Davenport
City Council Decision
City Council on March 27 and 28, 2019, adopted the following:
1. City Council direct the City Solicitor to secure the following matters as a legal convenience to support development through a Section 37 Agreement between the City and the owner:
a. prior to the issuance of the first above grade building permit for Phase 1 of the development, the owner shall submit to the City a letter of credit in a value equal to 15 percent of the estimated construction cost of the community recreation facility, inclusive of the community centre and related works, the ice skating facility, child care centre, and the above base park improvements to the parkland dedication to the satisfaction of the General Manager, Parks, Forestry and Recreation, minus the value equivalent of the letter of credit to secure 120 percent of the Parks and Recreation component of the Development Charges for Phase 1 of the development, for the purpose of a warranty to guarantee the construction of said works by the owner, to the satisfaction of the General Manager, Parks, Forestry and Recreation;
b. the 150 affordable rental housing units which are required to be provided by the owner pursuant to City Council's adoption of Item TE33.5, Parts 6a. and 6g. on June 26, 2018 shall be ready and available for occupancy prior to the issuance of an above grade building permit for the second building to be constructed as a part of Phase 2 of the development, to the satisfaction of the Chief Planner and Executive Director, City Planning; and
c. the owner shall create a Park Master Plan in consultation with Parks, Forestry, and Recreation staff and the local community, for the parkland dedication required in connection with the development and adjacent City-owned lands, to the satisfaction of the General Manager, Parks, Forestry and Recreation.
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2019/cc/bgrd/backgroundfile-130966.pdf
Motions (City Council)
That City Council delete the City Solicitor's Recommendation 1.a.
Recommendation to be deleted:
1. a. prior to the issuance of the first above-grade building permit for Phase 1 of the development, the owner shall submit a letter of credit equal to 120 percent of the Parks and Recreation component of the Development Charges payable for all Phases of the development, to be adjusted in accordance with changes to Development Charges payable over time, to secure the owner's financial obligations to construct a recreation centre and above-base park improvements to the parkland dedication for which the provision of a development charge credit has been authorised in accordance with City Council's adoption of Item TE33.5, Recommendation 8 and Recommendation 9, on June 26, 2018, to the satisfaction of the General Manager, Parks, Forestry and Recreation;
and, adopt instead the following:
1. prior to the issuance of the first above grade building permit for Phase 1 of the development, the owner shall submit to the City a letter of credit in a value equal to 15 percent of the estimated construction cost of the community recreation facility, inclusive of the community centre and related works, the ice skating facility, child care centre, and the above base park improvements to the parkland dedication to the satisfaction of the General Manager, Parks, Forestry and Recreation, minus the value equivalent of the letter of credit to secure 120 percent of the Parks and Recreation component of the Development Charges for Phase 1 of the development, for the purpose of a warranty to guarantee the construction of said works by the owner, to the satisfaction of the General Manager, Parks, Forestry and Recreation.