Item - 2025.MM35.31

City Council on December 16 and 17, 2025, adopted the following:

1. City Council amend Item 2017.CC34.5 by:

a. deleting Parts 4b and 4c of the instructions to staff:

b. the details of the lease term in respect of the non-profit licensed daycare centre community benefit will be finalized between the Owner and the City substantially in accordance with the City of Toronto’s Child Care Term Sheet; and

c. the parties shall negotiate a Section 37 Agreement in this regard, which will be registered on title to the property.

and:

b.    adopting instead the following new Parts 4b and 4c:

b. the details of the lease term or the conveyance at no cost to the City in respect of the non-profit licensed daycare centre community benefit will be finalized between the Owner and the City substantially in accordance with the City of Toronto’s Child Care Term Sheet or such other terms and conditions as are satisfactory to the City Solicitor in consultation with the General Manager, Children’s Services and the Executive Director, Corporate Real Estate Management; and

c. the parties shall amend the Section 37 Agreement registered as Instrument Number AT5499194 on August 19, 2020, as amended by the Amending Section 37 Agreement registered as Instrument Number AT5655580 on February 19, 2021; to give effect to the new Part 4b.

2.  City Council amend Item 2025.GG24.14 by:

a. deleting Part 1:

City Council authorize the Executive Director, Corporate Real Estate Management to enter into a nominal sublease agreement (the “Sublease”) with Macaulay Centres for Children, as subtenant, (the “Subtenant”) for a term of ten years (the "Term") with an option to renew for a further ten years in respect of premises at the property municipally known as 115 Broadway Avenue, as set out in Appendix A (the “Subleased Premises”) to the report (September 5, 2025) from the Executive Director, Corporate Real Estate Management and the General Manager, Children's Services, as illustrated on the Location Map and Floor Plan of the Subleased Premises set out in Appendix B and Appendix C to the report (September 5, 2025) from the Executive Director, Corporate Real Estate Management, and the General Manager, Children's Services respectively, and including such other or amended terms and conditions that are acceptable to the Executive Director, Corporate Real Estate Management and in a form satisfactory to the City Solicitor.

and:

b. adopting instead the following new Part 1:

City Council authorize the Executive Director, Corporate Real Estate Management to enter into either:

1. a nominal sublease agreement with Macaulay Centres for Children, as subtenant, if the City enters into a 99 year head lease with the Owner; or

2. a nominal lease agreement with Macaulay Centres for Children, as tenant, if the City acquires ownership of the daycare space through conveyance; in either case, for a term of ten years, with an option to renew for a further ten years in respect of premises at the property municipally known as 115 Broadway Avenue, as set out in Appendix A to the report (September 5, 2025) from the Executive Director, Corporate Real Estate Management and the General Manager, Children’s Services, as illustrated on the Location Map and Floor Plan of the Premises set out in Appendices B and C to the report, and including such other or amended terms and conditions that are acceptable to the Executive Director, Corporate Real Estate Management and in a form satisfactory to the City Solicitor.