Item - 2019.MM11.31
Tracking Status
- City Council adopted this item on October 29 and 30, 2019 without amendments.
MM11.31 - 650 Kingston Road - Building Permit issuance to Facilitate Canada Mortgage and Housing Corporation Affordable Housing Financing - by Councillor Brad Bradford, seconded by Councillor Ana Bailão
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 19 - Beaches - East York
City Council Decision
City Council on October 29 and 30, 2019, adopted the following:
1. City Council authorize the Chief Building Official to enter into a development charge deferral agreement as set out in Chapter 415-8C, for building permit application 19 123234 SHO 00 PP at 650 Kingston Road, to defer payment of the applicable development charge calculated as of the date of building permit issuance, to a date on or before November 6, 2019, with interest payable on the deferred amount at an appropriate short term rate to be determined by the Chief Financial Officer and Treasurer, for a building permit issued on October 30 or 31, 2019, subject to full payment of all other applicable fees and charges at permit issuance, and the payment of the deferred development charge by the end of the deferral period, after which time the permit may be revoked if full payment of the deferred development charges is not received.
Background Information (City Council)
Motions (City Council)
That Councillor Brad Bradford be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:
650 Kingston Road - Conditional Building Permit Issuance to Facilitate Canada Mortgage and Housing Corporation Affordable Housing Financing
Reason for Urgency:
This Motion is urgent because a deferral is required to ensure sufficient funding is secured from the Canada Mortgage and Housing Corporation to advance this affordable housing project.