Item - 2019.MM9.57

City Council on July 16, 17 and 18, 2019, adopted the following:

1.  City Council authorize an amendment to the Section 37 Agreement between the City and Alit Don Valley Property Inc., dated August 20, 2013 and Section 111 Agreement dated December 30, 2013 between the City and Alit Don Valley Property Inc., to permit the issuance of a building permit for two of Buildings A, B, or C prior to Building E being ready for occupancy provided that the 140 replacement rental units to be located in Building E (Parcel A) shall be ready and available for residential use and occupancy prior to the issuance of any above-grade building permit for the last building on Parcels A or B, being Building A, B, C, or D.

2.  City Council authorize an amendment to the Section 37 Agreement between the City and Alit Don Valley Property Inc., dated August 20, 2013, to allow the issuance of a conditional above grade structural permit in advance of the required sanitary sewer upgrades being installed and operational, provided that the owner has fulfilled the following conditions:

a.  executed a subdivision agreement;

b.  posted security,  in an amount to be determined by the General Manager, Toronto Water,  to secure the installation of the sanitary sewer upgrade;

c.  completed all necessary approvals for the sanitary sewer upgrade to the satisfaction of the General Manager, Toronto Water; and

d.  commenced construction of the sanitary sewer upgrade.

3.  City Council authorize and direct the City Solicitor to prepare such amendment agreement as is required and to register the same on title to the subject lands in priority to other interests to the satisfaction of the City Solicitor.

4.  City Council authorize the appropriate City Officials to take necessary steps to implement Parts 1, 2 and 3 above, including execution of an amending Section 37 and/or Section 111 Agreement.

5.  City Council authorize the City Solicitor and any other necessary staff to take the necessary steps to carry out City Council’s decision.