Item - 2024.MM23.19

Tracking Status

MM23.19 - Re-Opening and Amending Item 2024.PH13.6 - Strategic Opportunity at 267 and 275 Merton Street - by Councillor Josh Matlow, seconded by Councillor Gord Perks

Decision Type:
ACTION
Status:
Adopted
Ward:
12 - Toronto - St. Paul's

City Council Decision

City Council on November 13 and 14, 2024, adopted the following:

 

1. City Council amend its previous decision on Item 2024.PH13.6 by:

 

a. amending Part 2 by adding the words "as amended by Confidential Attachment 1 to this Member Motion" after the words "Confidential Attachment 2 to the report (May 30, 2024) from the Executive Director, Housing Secretariat and the Executive Director, Corporate Real Estate Management", so that Part 2 now reads as follows:

 

2. City Council authorize the public release of Confidential Attachments 1 and 2 to the report (May 30, 2024) from the Executive Director, Housing Secretariat and the Executive Director, Corporate Real Estate Management, following the completion of the developments contemplated in Confidential Attachment 2 to the report (May 30, 2024) from the Executive Director, Housing Secretariat and the Executive Director, Corporate Real Estate Management, as amended by Confidential Attachment 1 to this Member Motion, at the discretion of the Executive Director, Corporate Real Estate Management.

 

b. amending Parts 3 and 4 by adding the words "as amended by Confidential Attachment 1 to this Member Motion" after the words "Confidential Attachments 1 and 2 to the report (May 30, 2024) from the Executive Director, Housing Secretariat and the Executive Director, Corporate Real Estate Management", so that Parts 3 and 4 now read as follows:

 

3. City Council authorize the affordable rental housing units described in Confidential Attachments 1 and 2 to the report (May 30, 2024) from the Executive Director, Housing Secretariat and the Executive Director, Corporate Real Estate Management, as amended by Confidential Attachment 1 to this Member Motion, to be constructed on the lands known as 267 and 275 Merton Street, to be eligible for waivers of fees for planning applications, building permits, parkland dedication and development charges exemptions, unless already paid or exempted by provincial legislation.

 

4. City Council authorize an exemption from taxation for municipal and school purposes for 99 years for the affordable rental housing units described in Confidential Attachments 1 and 2 to the report (May 30, 2024) from the Executive Director, Housing Secretariat and the Executive Director, Corporate Real Estate Management, as amended by Confidential Attachment 1 to this Member Motion, to be located on 267 and 275 Merton Street.

 

2. City Council direct that Confidential Attachment 1 to this motion remain confidential as it pertains to a proposed or pending acquisition or disposition of land by the City of Toronto.
 

3. City Council authorize the public release of Confidential Attachment 1 to this motion following the completion of the developments contemplated in Item 2024.PH13.6, at the discretion of the Executive Director, Corporate Real Estate Management.

Confidential Attachment - A proposed or pending acquisition or disposition of land by the City of Toronto.

Background Information (City Council)

Member Motion MM23.19
https://www.toronto.ca/legdocs/mmis/2024/mm/bgrd/backgroundfile-250284.pdf
Confidential Attachment 1

Motions (City Council)

Motion to Waive Notice (Carried)

Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, need to be waived to permit introduction of Motion MM23.19. A two-thirds vote of Council Members present is required to waive notice.


Motion to Re-open Item (Carried)

Speaker Nunziata advised Council that consideration of Motion MM23.19 requires a re-opening of Item 2024.PH13.6 (June 26 and 27, 2024 City Council meeting) as it pertains to Key Terms for Proposed Transaction. A two-thirds vote of the Council Members present is required to re-open the Item.


Motion to Adopt Item (Carried)
Source: Toronto City Clerk at www.toronto.ca/council