Item - 2020.GL14.4

The General Government and Licensing Committee recommends that:  

1.  City Council pass a By-law pursuant to Section 252 of the City of Toronto Act, 2006, providing authority to:

a. enter into Municipal Capital Facility Agreements with the landlords of each of the four properties with whom Corporate Real Estate Management has a lease on behalf of the City Councillors (the "Leased Premises"), with respect to approximately 3,633 square feet of combined space, for the purposes of providing municipal capital facilities related to the provision of facilities used by council located at:

- 4630 Kingston Road (Ward 25)
- 1571 Sandhurst Circle (Ward 23)
- 2221 Keele Street (Ward 5)
- 2960 Dufferin Street (Ward 8); and
 

b. exempt the Leased Premises from taxation for municipal and school purposes, with the tax exemption being effective from the latest of:

1. the commencement date of the Lease;

2. the date the Municipal Capital Facility Agreement is entered into; and

3. the date the Tax Exemption By-law is enacted.

2.  City Council direct the City Clerk to give written notice of the By-law to the Minister of Finance, the Municipal Property Assessment Corporation, the Toronto District School Board, the Toronto Catholic District School Board, le Conseil scolaire Viamonde, and le Conseil scolaire catholique MonAvenir.

This report seeks Council's authority for the adoption of the necessary By-laws to designate portions of four properties leased to the City of Toronto for use as City Councillor's constituency offices as Municipal Capital Facilities and to provide exemptions for municipal taxes and education taxes. The municipal capital facility agreements authorized by the By-laws will provide exemptions for approximately 3,633 square feet of combined space. The four properties and their respective square footage are provided below.