Item - 2020.MM23.19

City Council on July 28 and 29, 2020, adopted the following:

1. City Council declare the City-owned property at 25 Bellevue Avenue surplus, with the intended manner of disposal to be way of a long-term lease to a non-profit organization to be selected through a competitive process for affordable housing purposes, and City Council direct staff to take all steps necessary to comply with the City's real estate disposal process set out in Article 1 of Toronto Municipal Code Chapter 213, Real Property.

2. City Council direct the Executive Director, Housing Secretariat and the Executive Director, Corporate Real Estate Management, in consultation with the Chief Executive Officer, CreateTO, to take the following actions and report to the Planning and Housing Committee in the fourth quarter of 2020, on a plan to activate the 25 Bellevue Avenue parking lot to create new affordable rental housing to be operated by a non-profit organization:

a.  work with the Toronto Parking Authority to identify new parking opportunities in both on and off street locations suitable for replacement of parking spaces within the vicinity of the proposed development, should an investment in parking on-site be deemed not feasible; and
 

b.  issue a competitive call for proposals to identify a non-profit developer and operator, from an organization whose vision for the site would reflect the values of the neighbourhood, with the site to be leased for a 99 year term, subject to City Council's approval.