Item - 2022.MM47.43

City Council on July 19, 20, 21 and 22, 2022, adopted the following:

1. City Council exempt the stratified parcel of fee simple land at 501-521 Yonge Street, Toronto, designated as Parts 16, 21, 29, 30, 37, 38, 39, 40, 41, 52, 53, 54, 55, 56, 57, 58, 59 and 61 on Plan 66R-32139 (the "Conveyance Lands"), required to be conveyed to the City pursuant to the Planning Act by Lanterra 501 Yonge Developments Limited (the "Developer") from the application of Section 5.4.5 of the Policy for Accepting Potentially Contaminated Lands (the "Policy"), subject to ongoing indoor air and ground water monitoring requirements pursuant to the Certificate of Property Use affecting 501-521 Yonge Street, but not directly affecting the Conveyance Lands, and substantially on the major terms and conditions set out below, and including such other terms and conditions as deemed appropriate by the Executive Director, Corporate Real Estate Management, and in a form satisfactory to the City Solicitor:

a. the Conveyance Lands are not identified in the environmental reports; the Conveyance Lands should be identified in the reports or as a separate report that includes a discussion regarding the environmental condition (soil, groundwater and soil vapour) of the Conveyance Lands and specific risk assessment and Certificate of Property Use requirements for the Conveyance Lands, and that report is to be provided to the City in acceptable form to the Executive Director, Corporate Real Estate Management;

b. provision of a site plan report, as required by the Certificate of Property Use, documenting the construction of the hard and/or soft caps at the Conveyance Lands, and documenting the barrier construction and quality at the Conveyance Lands is to be provided in acceptable form to the Executive Director, Corporate Real Estate Management;

c. provision of a Qualified Person final statement letter that is consistent with the Policy and to the satisfaction of the City's third party peer reviewer;

d. provision of a reliance letter consistent with the Policy is to be provided;

e. provision of the Ministry of the Environment, Conservation and Parks Freedom of Information request response should be provided, as well as confirmation as to whether the results of the response alter the conclusions of the Phase One ESA Report;

f. the Developer shall provide verification that there are no groundwater wells, soil vapour, or indoor air monitoring requirements located on the Conveyance Lands that are coming to the City, verification that all Certificate of Property Use obligations and legislative requirements are currently being met and the Developer shall provide an updated Health and Safety Plan (in order to address concerns relating to subsurface worker exposures); and

g. the Developer shall enter into an indemnity agreement with the City whereby the Developer assumes all responsibility and indemnifies the City from any and all liability associated with monitoring obligations set out in the Certificate of Property Use on 501-521 Yonge Street.

2. City Council authorize the conveyance of the Conveyance Lands even though Risk Management Measures are not consistent with the Policy; barriers, use of special personal protective equipment and air monitoring during subsurface works, ground water monitoring, soil vapour monitoring and indoor air monitoring are all required in the risk assessment and Certificate of Property Use for the development property and each of the above as demonstrated by the Developer are not acceptable under City Policy for the conveyance of Conveyance Lands.

3. City Council authorize the conveyance of the Conveyance Lands even though the Modified Generic Risk Assessment did not calculate the risks for subsurface worker exposure to soil through direct contact and the risk assessment did not address potential vapour inhalation exposure within a trench, which must be considered for the risk assessment of the Conveyance Lands.

4. City Council authorize the Executive Director, Corporate Real Estate Services, or their designate, to enter into an indemnity agreement whereby the Developer assumes all responsibility and indemnifies the City from any and all liability associated with such monitoring obligations under the Certificate of Property Use on 501-521 Yonge Street.