Item - 2025.MM28.34
Tracking Status
- City Council adopted this item on March 26 and 27, 2025 without amendments.
MM28.34 - Reimbursement for Environmental Work at 640 Lansdowne Avenue to Magellan Community Charities - by Councillor Alejandra Bravo, seconded by Councillor Gord Perks
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 9 - Davenport
City Council Decision
City Council on March 26 and 27, 2025, adopted the following:
1. City Council authorize the Executive Director, Corporate Real Estate Management, in consultation with the Chief Executive Officer, CreateTO and the Executive Director, Housing Secretariat, to negotiate and execute an amendment to the ground lease between the City of Toronto and the Magellan Community Charities dated September 19, 2019 to provide, either directly or through CreateTO, a reimbursement to Magellan Community Charities for demonstrated environmental remediation and implementation costs incurred, up to a maximum of $1,500,000 associated with the implementation and compliance of the risk management measures required under Section 13.1 of the ground lease and such other terms and conditions acceptable to the Executive Director, Corporate Real Estate Management, in consultation with the Executive Director, Housing Secretariat, and in a form satisfactory to the City Solicitor.
Background Information (City Council)
Communications (City Council)
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM28.34 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.