Item - 2024.MM16.9

City Council on March 20 and 21, 2024, adopted the following:

1. City Council increase the 2024 Operating Budget for Non-Program by $300,000.00 gross, $0 net, (Cost Centre: NP2161) fully funded by Section 37 funds obtained in the development at 1-11 Bloor Street West, 768-784 Yonge Street, and 760-762 Yonge Street, secured for local park improvements (Source Account: XR3026-3701060), for the purpose of providing one-time capital funding to the Toronto District School Board for improvements to the schoolyard and running track at Jesse Ketchum Junior and Senior Public School, subject to the Toronto District School Board entering into an acceptable Community Access Agreement with the City.

2. City Council request the City Solicitor to draw up the Agreement, in consultation with the Ward Councillor, the Chief Planner and Executive Director, City Planning, and the General Manager, Parks, Forestry and Recreation, provided acceptable terms can be agreed upon.

3. City Council authorize the General Manager, Parks, Forestry and Recreation to execute on behalf of the City a Community Access Agreement with the Toronto District School Board for the capital improvements to the schoolyard and running track at Jesse Ketchum Junior and Senior Public School, for a term of 20 years and on such other terms and conditions satisfactory to the General Manager, Parks, Forestry and Recreation, and in a form satisfactory to the City Solicitor.

4. City Council direct that if a mutually acceptable Community Access Agreement cannot be agreed upon that the funds will not be transferred to the Toronto District School Board and shall be made available for other community facilities in the local community.