Item - 2019.MM1.2

City Council on December 4, 5 and 13, 2018, adopted the following:

1. City Council authorize the City to enter into an agreement with the Toronto District School Board for the redevelopment of the Davisville Junior Public School that provides for additional grant funding from the City of $1.528 million, resulting in an increase in the City's total commitment from $6.807 million to $8.335 million, to support the design and construction of an additional third floor and underground garage, and that provides for the shared use by the City of the gymnasium and ancillary space, on terms satisfactory to the General Manager, Parks, Forestry and Recreation and in a form satisfactory to the City Solicitor; and City Council direct that the 2020 Non-Program Budget include provisions for the disbursement of the additional $1.528 million of Section 37 funds in 2020. 
 

2.  In the event that Section 37 funds eligible to support this project are not received by the City prior to when the funds are required in 2020, City Council direct the General Manager, Parks, Forestry, and Recreation to report back to City Council through the 2020 Budget process with options and a funding strategy to allow for the planned scope of this project to be fully implemented.

 
3.  City Council authorize the City to enter into a Lease, as tenant, with the Toronto District School Board for approximately 0.452 acres of land situated in the south west corner of the Davisville Junior Public School site, for a term of 49 years at a base rent of one dollar ($1.00) per annum, and on such other terms and conditions as may be satisfactory to the General Manager, Parks, Forestry and Recreation and the Deputy City Manager, Corporate Services and in a form satisfactory to the City Solicitor, to facilitate the construction by the City of an aquatic and community recreation facility.

 
4.  City Council authorize the City to convey to the Toronto District School Board, for nominal consideration, the City-owned land at Davisville Junior Public School shown as Part 1 on Sketch PS-2017-068 in Schedule A to Member Motion MM1.2 on such terms and conditions as may be acceptable to the General Manager, Parks, Forestry and Recreation and the Deputy City Manager, Corporate Services and in a form satisfactory to the City Solicitor.
 

5.  City Council authorize that the General Manager, Parks, Forestry and Recreation, or successor or designate, to administer and manage the Lease, including the provision of any consents, certificates, approvals, waivers and notices of termination, provided that the General Manager, Parks, Forestry and Recreation, may at any time, refer consideration of such matters to City Council for its determination and direction.
 

6.  City Council authorize the City Solicitor to complete the transactions on behalf of the City, including payment of any necessary expenses, amending the closing, due diligence and other dates, and amending and waiving terms and conditions, on such terms as they consider reasonable.