Item - 2020.GL13.8
Tracking Status
- This item was considered by General Government and Licensing Committee on June 2, 2020. The General Government and Licensing Committee has referred this item to an official or other body without making a decision. Consult the text of the decision for further information on the referral.
GL13.8 - Toronto Employment and Social Services Lease at 2900 Warden Avenue, Suite 225
- Decision Type:
- ACTION
- Status:
- Referred
- Ward:
- 22 - Scarborough - Agincourt
Committee Decision
The General Government and Licensing Committee:
1. Referred the item to the Executive Director, Corporate Real Estate Management, in consultation with Toronto Employment and Social Services and ModernTO, for further review and a report to the September 14, 2020 meeting of the General Government and Licensing Committee.
Origin
Summary
This report seeks authority to enter into a new sublease agreement with Bridlewood Mall Management Inc., as sub-landlord, for approximately 37,000 square feet of space at 2900 Warden Avenue, Suite 225, Scarborough (the "Leased Premises"), for use by Toronto Employment and Social Services. The rentable area of the Leased Premises is subject to the sub-landlord's right to re-measure the Leased Premises, provided that any increase in square footage shall not exceed five percent (5 percent) for the purposes of calculating rent. The sublease is for a term of ten (10) years. CreateTO has reviewed, and agrees that entering into the lease agreement is the most optimal approach to ensuring program delivery at this time.
Background Information
https://www.toronto.ca/legdocs/mmis/2020/gl/bgrd/backgroundfile-147408.pdf
Motions
That the item be referred to the Executive Director, Corporate Real Estate Management, in consultation with Toronto Employment and Social Services and ModernTO, for further review and a report to the September 14, 2020 meeting of the General Government and Licensing Committee.