Item - 2020.MM27.31

Tracking Status

City Council adopted this item on December 16, 17 and 18, 2020 without amendments.

MM27.31 - 506 Bloor Street West - Property Tax Exemption for Hot Docs International Documentary Festival and Hot Docs Ted Rogers Cinema - by Councillor Mike Layton, seconded by Councillor Joe Cressy

Decision Type:: ACTION

Status:: Adopted

Ward:: 11 - University - Rosedale

City Council Decision

City Council on December 16, 17 and 18, 2020, adopted the following:

1. City Council request the Controller to report back to the March 29, 2021 meeting of the General Government and Licensing Committee on the conditions of the Private Member's legislation, An Act Respecting Hot Docs, and the financial implications of providing a property tax exemption and cancellation.

Background Information (City Council)

Member Motion MM27.31
https://www.toronto.ca/legdocs/mmis/2020/mm/bgrd/backgroundfile-159515.pdf

Motions (City Council)

Motion to Introduce Motion without Notice moved by Councillor Mike Layton (Carried)

That Councillor Mike Layton be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:

506 Bloor Street West - Property Tax Exemption for Hot Docs International Documentary Festival and Hot Docs Ted Rogers Cinema

Reason for Urgency:

This Motion is urgent as if passed, the property tax exemption could take effect on January 1, 2021 and City Council could cancel taxes levied on the property retroactive to that date.

Motion to Adopt Item (Carried)