Item - 2023.MM5.43
Tracking Status
- City Council adopted this item on March 29, 2023 without amendments.
MM5.43 - Authorization to Approve a Development Charge Credit for the Design and Construction of the Future Park at 55 Lake Shore Boulevard East - by Councillor Ausma Malik, seconded by Councillor Alejandra Bravo
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 10 - Spadina - Fort York
City Council Decision
City Council on March 29, 30 and 31, 2023, adopted the following:
1. City Council approve a development charge credit against the Parks and Recreation component of the Development Charges for the design and construction by the owner of the Above Base Park Improvements to the new park to be dedicated on the site at 53, 55 and 95 Lake Shore Boulevard East, 15, 33, and 43 Freeland Street and 2 and 15 Cooper Street, all to the satisfaction of the General Manager, Parks, Forestry and Recreation; the development charge credit shall be in an amount that is the lesser of the cost to the owner of designing and constructing the Above Base Park Improvements, as approved by the General Manager, Parks, Forestry and Recreation, and the Parks and Recreation component of the Development Charges payable for the development in accordance with the City's Development Charges By-law, as may be amended from time to time.
Background Information (City Council)
Motions (City Council)
That Councillor Malik be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:
Authorization to Approve a Development Charge Credit for the Design and Construction of the Future Park at 55 Lake Shore Boulevard East
Reason for Urgency:
This Motion is urgent as the Subdivision agreement with the developer will be finalized before the next Council meeting, and represents the last opportunity to incorporate the Above Base Park Improvement conditions into an agreement.