Item - 2024.EY15.11

The Etobicoke York Community Council recommends that:  

1. City Council assume the municipal services relating to Plan of Subdivision 66M-Plan No. 2533.

2. City Council authorize the Director, Engineering Review, Engineering and Construction Services, to release the performance guarantee held with respect to the municipal services in accordance with the Subdivision Agreement, dated May 29, 2015  between Lakeshore EMPC Two Limited, 2226704 Ontario Incorporated, Minto 3600 Lakeshore Commercial Incorporated, Stockton 3600 Lakeshore GP Incorporated, 3600 Lakeshore GP Incorporated and the City of Toronto.

3. City Council authorize and direct the City Solicitor to prepare an assumption By-law to assume the public highway within Plan of Subdivision 66M-2533 and to bring it forward for enactment.

4. City Council authorize and direct the City Solicitor to register the assumption By-law as enacted in the Land Registry Office, at the expense of the Owner.

5. City Council authorize the appropriate City Officials to take the necessary action to give effect to City Council's decision.

6. City Council authorize the appropriate City Officials to transfer ownership of the street lighting system constructed within Plan of Subdivision 66M-2533 to Toronto Hydro Energy Services Incorporated. 

This report recommends City assumption of the municipal services installed under the terms of the Subdivision Agreement, dated May 29, 2015, between Lakeshore EMPC Two Limited, 2226704 Ontario Incorporated, Minto 3600 Lakeshore Commercial Inc., Stockton 3600 Lakeshore GP Incorporated, 3600 Lakeshore GP Incorporated and the City of Toronto relating to registered Plan of Subdivision 66M -2533.