Item - 2023.MM5.34
Tracking Status
- City Council adopted this item on March 29, 30 and 31, 2023 without amendments.
MM5.34 - Completion of City-owned site at 5200 Yonge Street to allow for successful launch of City-initiated Food Incubator Program - by Councillor Lily Cheng, seconded by Councillor Shelley Carroll
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 18 - Willowdale
City Council Decision
City Council on March 29, 30 and 31, 2023, adopted the following:
1. City Council authorize the General Manager, Economic Development and Culture and the Executive Director, Corporate Real Estate Management to provide a 75 percent rent abatement for the rent payable from January 1, 2023 to March 30, 2023, a 50 percent rent abatement for the rent payable from April 1, 2023 to June 30, 2023 and a 25 percent rent abatement for the rent payable from July 1, 2023 to September 30, 2023 in the total amount of $49,853.34 by the tenants, Da Endz Restaurant Inc., Chic Peas Vegan Cuisine Incorporated, Teta's Kitchen Inc., at 5200 Yonge Street on the condition that each tenant provide sales reports for the period of July 1, 2022 to March 31, 2023 to Corporate Real Estate Management.
2. City Council authorize the General Manager, Economic Development and Culture and the Executive Director, Corporate Real Estate Management to provide a 75 percent rent abatement for the rent payable from January 1, 2023 to March 30, 2023 in the total amount of $8,811.03 by Bunhaus Eats Inc. at 5200 Yonge Street and permit Bunhaus Eats Inc to terminate the lease agreement, effective March 30, 2023.
Background Information (City Council)
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM5.34 be referred to the North York Community Council. A two-thirds vote of the Council Members present is required to waive referral.