Item - 2022.ZB21.11
Tracking Status
- This item was considered by Board of Management of the Toronto Zoo on April 14, 2022 and was adopted without amendment.
ZB21.11 - Toronto Zoo Community Conservation Campus (TZC3) - Project Budget Increase
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Confidential Attachment - A plan to be applied to any negotiations to be carried out on behalf of the Toronto Zoo
Board Decision
The Board of Management of the Toronto Zoo:
1. Approved an increase in the construction budget for the Community Conservation Campus from $28 million construction plus soft costs to $41.3 million inclusive of soft costs with the understanding that the additional budget will be supported through the existing 10-year capital plan, the Toronto Zoo Wildlife Conservancy and external funding partners.
2. Adopted the recommendation in Confidential Attachment 1 to the report (March 30, 2022) from the Chief Executive Officer, Toronto Zoo.
3. Directed that Confidential Attachments 1, 2, and 3 to the report (March 30, 2022) from the Chief Executive Officer, Toronto Zoo, remain confidential until negotiations are complete, as they pertain to a plan to be applied to negotiations to be carried out on behalf of the Toronto Zoo.
Decision Advice and Other Information
The Board of Management of the Toronto Zoo recessed its public session to meet in closed session to consider this item, as it pertains to a plan to be applied to negotiations to be carried out on behalf of the Toronto Zoo.
Origin
Summary
This report recommends increasing the project budget for the Community Conservation Campus Project (Front Entrance and Welcome Area Project).
Background Information
https://www.toronto.ca/legdocs/mmis/2022/zb/bgrd/backgroundfile-223800.pdf
Appendix A - Toronto Zoo Community Conservation Campus Schematic Design
https://www.toronto.ca/legdocs/mmis/2022/zb/bgrd/backgroundfile-223974.pdf
Confidential Attachment 1
Confidential Attachment 2 - Letter of Intent
Confidential Attachment 3 - Table of Project Costs