Item - 2024.SC17.2

That:

1. City Council request the Executive Director, the Housing Secretariat and the Executive Director, Development Review Division to work with the applicant to explore opportunities and incentives available to enhance the affordable housing options to be provided on site.

That City Council adopt the following recommendations in the report (October 16, 2024) from the Director, Community Planning, Scarborough District:

1. City Council amend the Official Plan, for the lands at 1925 Victoria Park Avenue substantially in accordance with the draft Official Plan Amendment attached as Attachment 5 to this report.

2. City Council amend City of Toronto Zoning By-law 569-2013, as amended for the lands at 1925 Victoria Park Avenue substantially in accordance with the draft Zoning By-law Amendment attached as Attachment 6 to this report.

3. City Council authorize the City Solicitor to make such stylistic and technical changes to the draft Official Plan and draft Zoning By-law Amendments as may be required.

4. City Council allow the owner of the Site to provide an in-kind Community Benefit Charge contribution pursuant to subsection 37(6) of the Planning Act, being:

a. the submission of a public art plan detailing the possible location(s) of any public art installations on the site, the artists selection process, and the design and implementation of the public art installation, generally in accordance with City Planning's Percent for Public Art process, prior to the issuance of the first-above grade building permit and to the satisfaction of the Chief Planner and Executive Director, City Planning Division.

b. the commissioning and installation of public art on the Site, to the satisfaction of the Interim Chief Planner and Executive Director, City Planning Division, generally in accordance with recommendations from the Toronto Public Art Commission and in consultation with the City Planning division, at a total cost to the owner of up to 4 percent of the value of the land (net of any exclusions or exemptions authorized under the Community Benefits Charge By-law), as determined the day before the day the building permit is issued in respect of the development, with the projected costs of the in-kind contributions to be evidenced through cost estimates provided by the owner and approved by the City. To the extent such estimates are less than 4 percent of the value of the land as determined the day before the building permit is issued in respect of the development, the difference in value will be provided in cash.

5. City Council authorize the Interim Chief Planner and Executive Director, City Planning to enter into an agreement pursuant to subsection 37(7.1) of the Planning Act (the "In-kind Contribution Agreement") to address the provision of the in-kind contribution identified in Recommendation 4 above to the satisfaction of the Interim Chief Planner and Executive Director, City Planning and the City Solicitor, with such agreement to be registered on title to the lands prior to the first above grade building permit being issued on the Site, which agreement shall be evidence of arrangements for the provision of the in-kind contribution that are satisfactory to City Council.

That the Scarborough Community Council:

1. Request the Director, Community Planning, Scarborough District to meet with the applicant to clarify their intent either to include affordable housing or not to have affordable housing as a component of the development prior to the next City Council meeting on November 13, 2024.