105 Fourth Street - Designation of a Portion of the Property Used by New Toronto Seniors Centre as a Municipal Capital Facility

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The decision

2019-01-30 · Toronto City Council · adopted

As filed

City Council on January 30 and 31, 2019, adopted the following: 1. City Council pass a By-law pursuant to Section 252 of the City of Toronto Act, 2006, providing authority to: a. enter into a municipal capital facility agreement at 105 Fourth Street with the Toronto Community Housing Corporation, which leases approximately 3,250 square feet of exclusive space and a number of associated parking spaces (the "Leased Premises") to the City; and b.

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exempt the Leased Premises from taxation for municipal and school purposes, with the tax exemption being effective from the latest of: i. the commencement date of the lease; ii. the date the municipal capital facility agreement is entered into; and iii. the date the tax exemption By-law is enacted. 2. City Council pass a resolution that the municipal capital facility in Part 1 above is for the purposes of the City and is for public use. 3. City Council direct the City Clerk to give written notice of the By-law to the Minister of Finance, the Municipal Property Assessment Corporation, the Toronto District School Board, the Toronto Catholic District School Board, the Conseil scolaire Viamonde, and the Conseil scolaire catholique MonAvenir.

On the agenda

As the city filed it

This report seeks Council's authority for the adoption of the necessary By-law to designate a portion of the property owned by the Toronto Community Housing Corporation and occupied by the New Toronto Seniors Centre at 105 Fourth Street as a municipal capital facility, and to provide a property tax exemption for municipal and education purposes. The municipal capital facility agreement will provide an exemption for 3,250 square feet of space and the associated parking spaces currently occupied by the New Toronto Seniors Centre.

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The New Toronto Seniors Centre is located in the Lakeshore Boulevard West and Islington Avenue area and offers recreational programming for older adults. The seniors centre offers a wide range of activities, including fitness, sports, cards, and arts and crafts. The Centre, which is operated and funded by the City's Parks, Forestry and Recreation Division, is geared to providing programs that suit the needs of the community.

Staff recommended

The Interim Controller recommends that: 1. City Council pass a By-law pursuant to Section 252 of the City of Toronto Act, 2006, providing authority to: a. Enter into a municipal capital facility agreement at 105 Fourth Street with the New Toronto Seniors Centre, which leases approximately 3,250 square feet of exclusive space and a number of associated parking spaces (the "Leased Premises") from the Toronto Community Housing Corporation; and b.

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Exempt the Leased Premises from taxation for municipal and school purposes, which tax exemption is to be effective from the latest of (i) the commencement date of the lease, (ii) the date the municipal capital facility agreement is entered into, and (iii) the date the tax exemption By-law is enacted. 2. City Council pass a resolution that the above municipal capital facility is for the purposes of the City and is for public use. 3. City Council direct the City Clerk to give written notice of the By-law to the Minister of Finance, the Municipal Property Assessment Corporation, the Toronto District School Board, the Toronto Catholic District School Board, the Conseil Scolaire de District du Centre-Sud-Ouest, and the Conseil Scolaire de District Catholique Centre-Sud.

Considered

2019-01-14 · General Government and Licensing Committee · amended
Decision as filed
The General Government and Licensing Committee recommends that: 1. City Council pass a By-law pursuant to Section 252 of the City of Toronto Act, 2006, providing authority to: a. Enter into a municipal capital facility agreement at 105 Fourth Street with the Toronto Community Housing Corporation, which leases approximately 3,250 square feet of exclusive space and a number of associated parking spaces (the "Leased Premises") to the City; and b.
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Exempt the Leased Premises from taxation for municipal and school purposes, with the tax exemption being effective from the latest of (i) the commencement date of the lease, (ii) the date the municipal capital facility agreement is entered into, and (iii) the date the tax exemption By-law is enacted. 2. City Council pass a resolution that the above municipal capital facility is for the purposes of the City and is for public use. 3. City Council direct the City Clerk to give written notice of the By-law to the Minister of Finance, the Municipal Property Assessment Corporation, the Toronto District School Board, the Toronto Catholic District School Board, the Conseil scolaire Viamonde, and the Conseil scolaire catholique MonAvenir.
2019-01-30 · Toronto City Council · adopted

On the record

The item as the City filed it

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