Item - 2022.MM47.47
Tracking Status
- City Council adopted this item on July 19, 20, 21 and 22, 2022 without amendments.
MM47.47 - Completion of City-owned site at 5200 Yonge Street to allow for successful launch of City-initiated Food Incubator Program - by Councillor John Filion, seconded by Councillor Mike Colle
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 18 - Willowdale
City Council Decision
City Council on July 19, 20, 21 and 22, 2022, adopted the following:
1. City Council authorize the General Manager, Economic Development and Culture and the Executive Director, Corporate Real Estate Management to provide rent abatement for the additional rent payable from July 1, 2022 to December 31, 2022 in the total amount of $79,617 by the tenants, Da Endz Restaurant Inc., Chic Peas Vegan Cuisine Incorporated, Teta's Kitchen Inc., Bunhaus Eats Inc. at 5200 Yonge Street and extend the lease term for a further period of six (6) months.
2. City Council authorize the General Manager, Economic Development and Culture and the Executive Director, Corporate Real Estate Management, to ensure that all outstanding improvements to the facility and all other planned supports for the vendors are in place as soon as possible.
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2022/mm/bgrd/backgroundfile-228762.pdf
(July 19, 2022) Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2022/mm/bgrd/backgroundfile-228950.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM47.47 be referred to the General Government and Licensing Committee. A two-thirds vote of the Council Members present is required to waive referral.