Item - 2024.MM20.13

City Council on July 24 and 25, 2024, adopted the following:

1. City Council increase the 2024 Operating Budget for Non-Program by $300,000.00 gross, $0 net, fully funded by Section 37 funds obtained in the development at 859, 861, and 875 Eglinton Avenue West and 2020 Bathurst Street, secured for benefits to the community, for the purpose of providing one-time capital funding to the Toronto District School Board for capital improvements to the schoolyard at Fairbank Public School, subject to the Toronto District School Board entering into an acceptable Community Access Agreement with the City.

2. City Council request the General Manager, Parks, Forestry and Recreation to participate in the preparation of the Community Access Agreement, in consultation with the Ward Councillor and the Chief Planner and Executive Director, City Planning, 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 at Fairbank Public School, for a term of 25 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.