Item - 2020.MM25.25
Tracking Status
- City Council adopted this item on October 27, 28 and 30, 2020 without amendments.
MM25.25 - 103 Overbrook Place - Development Charges Pre-Payment Agreement - by Councillor James Pasternak, seconded by Councillor Mike Colle
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 6 - York Centre
City Council Decision
City Council on October 27, 28 and 30, 2020, adopted the following:
1. City Council permit the execution of an amending development charge agreement between the City of Toronto and Sage 147 Elder Realco, the owner of 103 Overbook Place, in a form satisfactory to the City Solicitor, to allow all of the development charges for the 103 Overbrook Place Building Permit (File 20 186427 BLD 00 BA), to be paid within the 14 days subsequent to the issuance of an above grade building permit with the rate that the development charge is to be calculated with the rate in place on the day that the above grade building permit is issued.
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2020/mm/bgrd/backgroundfile-157865.pdf
Motions (City Council)
That Councillor James Pasternak be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:
103 Overbrook Place – Development Charges Pre-Payment Agreement
Reason for Urgency:
This Motion is urgent as it is critical for the project to pay the development charges prior to the November 1, 2020 increase.