Item - 2020.GL17.9
Tracking Status
- City Council adopted this item on November 25, 2020 without amendments and without debate.
- This item was considered by the General Government and Licensing Committee on November 2, 2020 and adopted without amendment. It will be considered by City Council on November 25, 2020.
GL17.9 - Below Market Sublease Agreement with Canadian Mothercraft Society for a Non-profit Child Care Facility - 45 Dunfield Avenue
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 12 - Toronto - St. Paul's
City Council Decision
City Council on November 25 and 26, 2020, adopted the following:
1. City Council authorize a new sublease agreement with Canadian Mothercraft Society for a term of ten (10) years with an option to extend for a further ten (10) years for nominal consideration, substantially based on the terms set out in Appendix A to the report (October 19, 2020) from the Executive Director, Corporate Real Estate Management and the General Manager, Children's Services, and on such other or amended terms and conditions acceptable to the Executive Director, Corporate Real Estate Management.
2. City Council authorize the City Solicitor to complete all relevant agreements, and all documentation as required, and to deliver any notices, and amend the respective commencement, termination and other dates to such earlier or later date(s), on such terms and conditions, as the City Solicitor, or designate, may from time to time, determine.
3. City Council authorize the Executive Director, Corporate Real Estate Management to execute such documents required to complete the relevant sublease agreements.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2020/gl/bgrd/backgroundfile-157599.pdf
GL17.9 - Below Market Sublease Agreement with Canadian Mothercraft Society for a Non-profit Child Care Facility - 45 Dunfield Avenue
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 12 - Toronto - St. Paul's
Committee Recommendations
The General Government and Licensing Committee recommends that:
1. City Council authorize a new sublease agreement with Canadian Mothercraft Society for a term of ten (10) years with an option to extend for a further ten (10) years for nominal consideration, substantially based on the terms set out in Appendix A to the report (October 19, 2020) from the Executive Director, Corporate Real Estate Management and the General Manager, Children's Services, and on such other or amended terms and conditions acceptable to the Executive Director, Corporate Real Estate Management.
2. City Council authorize the City Solicitor to complete all relevant agreements, and all documentation as required, and to deliver any notices, and amend the respective commencement, termination and other dates to such earlier or later date(s), on such terms and conditions, as the City Solicitor, or designate, may from time to time, determine.
3. City Council authorize the Executive Director, Corporate Real Estate Management, to execute such documents required to complete the relevant sublease agreements.
Origin
Summary
The purpose of this report is to obtain City Council authority to enter into a new sublease agreement with Canadian Mothercraft Society for a ten (10) year term for approximately 5,716 square feet of interior space and 2,734 square feet of exterior space directly adjacent to the interior space for a non-profit child care facility, on the ground floor of the building located at 45 Dunfield Avenue (now 44 Lillian Street), Toronto, Ontario, for nominal consideration.
Background Information
https://www.toronto.ca/legdocs/mmis/2020/gl/bgrd/backgroundfile-157599.pdf