Item - 2024.GG17.12

The General Government Committee recommends that:

1. City Council authorize the Executive Director, Corporate Real Estate Management, on behalf of the City, as landlord, to enter into a nominal lease agreement (the “Lease”) with Network Child Care Services, as tenant, for a term of ten years with an option to renew for a further ten years in respect of Unit 1, Level 2, Toronto Standard Condominium Plan Number 2792, municipally known as 21 Western Battery Road, Toronto, ON, M6K 0E3 (the “Leased Premises”), more particularly described in Appendix B and Appendix C to the report (October 1, 2024) from the Executive Director, Corporate Real Estate Management, and the General Manager, Children's Services hereto, substantially on the terms and conditions set out in Appendix A to the report (October 1, 2024) from the Executive Director, Corporate Real Estate Management, and the General Manager, Children's Services, and on such other or amended terms and conditions that are acceptable to the Executive Director, Corporate Real Estate Management and in a form satisfactory to the City Solicitor.

2. City Council authorize each of the Executive Director, Corporate Real Estate Management, and the Director, Transaction Services, Corporate Real Estate Management severally to execute the Lease, and any related documents on behalf of the City.

3. City Council authorize the Executive Director, Corporate Real Estate Management, their successors and designates, to administer and manage the Lease, including the provision of any consents, approvals, waivers, notices (including notices of termination) provided that the Executive Director, Corporate Real Estate Management may, at any time, refer consideration of such matters to City Council for direction and determination.

The purpose of this report is to obtain City Council authority for the City, as landlord, to enter into a ten-year, nominal lease agreement (the "Lease") with Network Child Care Services (the “Tenant”), as tenant, as selected by the General Manager, Children's Services, pursuant to an Expression of Interest ("E.O.I.") process conducted by Children's Services, for the purpose of delivering child care services at a newly constructed centre located at Unit 1, 21 Western Battery Road (the “Leased Premises”).