Item - 2020.NY14.26

Tracking Status

NY14.26 - Request for Zoning By-law Amendment to Reallocate Section 37 Funds Received from the Development - 2772-2778 Keele Street

Decision Type:
ACTION
Status:
Adopted
Ward:
6 - York Centre

Community Council Decision

The North York Community Council:

 

1. Requested the Director, Community Planning, North York District to bring forward a Zoning By-law Amendment report to the North York Community Council pertaining to 2772-2778 Keele Street, to amend the Section 37 provisions of By-law No. 3-2005 (OMB), and authorize that the Section 37 provisions of the site-specific zoning by-law be amended to specify that $30,000 of the secured and uncommitted funds may be used for St. Conrad Catholic School playground improvements, and the balance for parkland improvements in the vicinity of the development site.

Origin

(February 25, 2020) Letter from Councillor James Pasternak

Summary

For the lands known municipally as 2772-2778 Keele St., approved in 2005 for redevelopment, the City secured $200,000 in Section 37 funds for streetscape improvements to Keele St. north of Keele and Wilson, and landscape improvements to Downsview public library on the east side of Keele Street. The funds were secured by a Section 37 Agreement as part of By-law No. 3-2005 (OMB), between the City and Beaverbrook Homes Inc. Vincent Baffa.

 

A payment of $200,000 was then received, and has since accumulated interest in the amount of $16,633.73. To date $164,633.73 remains unspent. After consulting with North York Planning Staff it has been determined that the funds can be redirected to a different purpose after remaining unspent for many years. My office will work with City Planning to amend the existing Zoning By-law Section 37 provisions and redirect $30,000 towards much needed St. Conrad Catholic School playground improvements, and the balance towards parkland improvements in the vicinity of the development site.

 

This Motion recommends that the Section 37 provisions of the site-specific zoning By-law No. 3-2005 (OMB) be amended to specify that $30,000 of the secured and uncommitted funds may be used for St. Conrad Catholic School playground improvements, and the balance for parkland improvements in the vicinity of the development site.

Background Information

(February 25, 2020) Letter from Councillor James Pasternak, Ward 6, York Centre on a Request for Zoning By-law Amendment for 2772-2778 Keele Street to Reallocate Section 37 Funds Received from the development
https://www.toronto.ca/legdocs/mmis/2020/ny/bgrd/backgroundfile-146523.pdf

Motions

Motion to Adopt Item moved by Councillor Shelley Carroll (Carried)
Source: Toronto City Clerk at www.toronto.ca/council