Item - 2025.MM29.14

City Council on April 23 and 24, 2025, adopted the following:

1. Despite Toronto Municipal Code Section 415-26 (B), City Council authorize that the conveyance of parkland to the City pursuant to Section 42 of the Planning Act as contemplated in Site Specific Zoning By-law 1012-2022 may be encumbered by:
 

a. a maximum of 7 below grade concrete caissons distributed within the southern half of the future parkland, where such  encumbrance is deemed acceptable by the General Manager, Parks and Recreation in consultation with the City Solicitor and such encumbrance is subject to compensation payable to the City at the time of conveyance, in an amount determined by the General Manager, Parks and Recreation and the Executive Director, Corporate Real Estate Management; and

b. limiting distances that restrict construction relating to two triangular sections having a combined area of approximately 8.1 square metres located at the southern boundary of the future parkland and commencing at a height of  approximately 103.3 metres above ground corresponding to  the lower level of the 9th storey of the adjacent building to the south, where such encumbrances are deemed acceptable by the General Manager, Parks and Recreation in consultation with the City Solicitor and such encumbrances are subject to compensation payable to the City at the time of conveyance, in an amount to be determined by the General Manager, Parks and Recreation and the Executive Director, Corporate Real Estate Management, and which limiting distances are set out in a limiting distance agreement on terms that are satisfactory to the General Manager, Parks and Recreation and the City Solicitor.