Item - 2025.MM28.48

City Council on March 26 and 27, 2025, adopted the following:

1. City Council increase the 2025 Operating Budget for Non-Program by $50,000.00 gross, $0 net, (Cost Centre: NP21261) fully funded by Section 37 funds obtained in the development at 2, 4 and 6 Teagarden Court (Source Account: XR3026-3701172), secured for capital improvements to area parks, for the purpose of providing one-time capital funding to the Toronto District School Board for capital improvements to the schoolyard at Hollywood 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 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 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 Hollywood Public School, for a term of 20 years and on such other terms and conditions satisfactory to the General Manager, Parks 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.