St. Lawrence Centre Redevelopment - Options Review

2. Subject to the Board choosing Option 2 above, request City Council to support the redevelopment concept for the St. Lawrence Centre as described in Option 2 in Confidential Attachment 1. 3. Subject to the Board choosing Option 2 above, and subject to Council supporting the redevelopment concept, direct the President and Chief Executive Officer, TO Live to work with the Chief Financial Officer and Treasurer to create a budget and to allocate funding for the project as outlined in Confidential Attachment 1. 4. Establish a St. Lawrence Centre Redevelopment Committee, including the terms of reference for the Committee and request the Chair to send a letter to the next meeting with the terms of reference. 5. Pursuant to the establishment of a St. Lawrence Centre Redevelopment Committee, direct the President and Chief Executive Officer, TO Live to work with all relevant parties including the City's divisions and agencies, to develop a plan for advancing the redevelopment concept including considerations regarding governance, finance, legal, procurement and planning, and recommend the plan to the Board for approval. Further to this, a project budget for the planning and design period will be developed and brought forward to the Board for approval at the next scheduled Board meeting. 6. Direct that Confidential Attachment 1 remain confidential in its entirety as it pertains to a plan to be applied to any negotiations carried on or to be carried on by or on behalf of the Board of Directors of TO Live.