Item - 2020.TE16.33

The Toronto and East York Community Council recommends that:  

1. City Council authorize the City to accept conveyance of parkland dedication in association with an infill and tower block redevelopment project at 2-50 Secord Avenue and 48-108 Eastdale Avenue prior to environmental remediation of the parkland in order to allow residents of 12 existing rental units, partially located within the proposed parkland dedication lands, to remain in their units until they can be relocated into new replacement rental units constructed at another location on the development site.

2. City Council provide relief from the applicable provisions of the City policy entitled "Policy for Accepting Potentially Contaminated Lands to be Conveyed to the City under the Planning Act" to permit environmental remediation of the parkland dedication lands to take place after conveyance.

3. City Council require the owners of lands at 2-50 Secord Avenue and 48-108 Eastdale Avenue, prior to the conveyance of the parkland to the City, to provide financial security to the City to guarantee future demolition of the existing rental units and environmental remediation to the Ministry of Environment, Conservation and Parks standards as per Ontario Regulation 153/04 of the proposed parkland dedication in the amount satisfactory to the Executive Director, Corporate Real Estate Management, in consultation with the General Manager, Parks, Forestry and Recreation.

4. City Council authorize and direct the City Solicitor to enter into such agreements and take such steps as may be required in her sole discretion in order to implement the recommendations above.

This report seeks authority to accept conveyance of parkland in association with an infill and tower block redevelopment project at 2-50 Secord Avenue and 48-108 Eastdale Avenue prior to environmental remediation of the parkland and to provide relief from the applicable provisions of the City policy entitled "Policy for Accepting Potentially Contaminated Lands to be Conveyed to the City under the Planning Act" requiring remediation prior to conveyance.

The proposed delay in environmental remediation will allow residents of existing rental housing, partially located within the proposed parkland dedication lands, to stay in their units until they can be relocated into new replacement rental units constructed at another location on the development site. Future environmental remediation is proposed to be secured by financial security posted pursuant to a Section 37 Agreement which will be registered against title to the development site and is a precondition of the final approval of the proposed redevelopment by the Local Planning Appeal Tribunal.