Item - 2021.MM31.24

City Council on April 7 and 8, 2021, adopted the following:

1.   City Council authorize the receipt of up to $4,000,000 in funds from Toronto Council Fire Native Cultural Centre for use towards the Nathan Phillips Square Indian Residential School Survivors Restoration of Identity Project.

2.   City Council delegate authority for the General Manager, Economic Development and Culture to execute on behalf of the City an agreement with Toronto Council Fire Native Cultural Centre to implement the receipt of funds in Part 1 above on such terms and conditions satisfactory to the City Manager and in a form satisfactory to the City Solicitor.

3.   City Council increase the Approved 2021 – 2030 Capital Budget and Plan for Corporate Real Estate Management by $6,000,000 gross and $0 debt in project costs, with cash flow funding of $1,100,000 in 2021 and future year cash flow commitments of $3,000,000 in 2022 and $1,900,000 in 2023 for the Nathan Phillips Square Indian Residential School Survivors Restoration of Identity Project (CCA257-01);  the transfer of these monies to this project to be funded by the contribution of $4,000,000 from Toronto Council Fire Native Cultural Centre and Section 37 community benefits of $2,000,000 from the following developments:

a. 299 Adelaide Street West and 21-31 Widmer Street, secured for the provision of public art in the amount of $301,954.18 (Source Account XR3026-3700681);

b. 156-174 Front Street West and 43-51 Simcoe Street, secured for the provision of community services and facilities, in the amount of $181,045.82 (Source Account XR3026-3701065);

c. 283 Adelaide Street West, secured for the provision of public art in the amount of $517,000.00 (Source Account XR3026- 3700925); and

d. 20 Edward Street, secured for capital improvements which will benefit the community, in the amount of $1,000,000.00 (Source Account XR3026- 3701042).