3100 Weston Road - Designation of a Portion of the Property Used by Parks, Forestry and Recreation as a Municipal Capital Facility

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The decision

2019-11-26 · Toronto City Council · adopted

As filed

City Council on November 26 and 27, 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 with The Order of St. Basil The Great Holding Corporation, which leases approximately 48,419 square feet of space at 3100 Weston Road to the City of Toronto, with respect to a facility for a community centre and ancillary parking (the "Leased Premises"); 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: 1. the commencement date of the lease; 2. the date the Municipal Capital Facility Agreement is entered into; and 3. the date the Tax Exemption By-law is enacted. 2. City Council pass a resolution that the Municipal Capital Facility referenced in Part 1 above is for the purposes of the City of Toronto as a community centre 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, le Conseil scolaire Viamonde, and le Conseil scolaire catholique MonAvenir.

On the agenda

As the city filed it

This report seeks City Council's authority for the adoption of the necessary By-law to designate a portion of the property owned by The Order of St. Basil The Great Holding Corporation and leased to the City of Toronto as a Municipal Capital Facility and to provide an exemption for municipal taxes and education taxes. The Municipal Capital Facility Agreement authorized by the By-law will provide an exemption for approximately 48,419 square feet plus ancillary parking, less 15 spaces reserved for the landlord.

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The Parks, Forestry and Recreation Division occupies 48,419 square feet of space used as a community centre and the lease will serve as a renewal of an existing lease which commences on December 1, 2019. The Carmine Stefano Community Centre provides recreational programming opportunities for all ages and a wide range of activities that include, but are not limited to, parents and preschoolers, fitness, art, music, dance, social, sports, and after-school programs. The total area being leased is approximately 49,833 square feet; however, as there are two existing sub-tenants, the 1,414 square feet they occupy will not be included in the exemption.

Staff recommended

The 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 with The Order of St. Basil The Great Holding Corporation, which leases approximately 48,419 square feet of space at 3100 Weston Road to the City of Toronto, with respect to a facility for a community centre and ancillary parking (the "Leased Premises"); 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: 1. the commencement date of the lease; 2. the date the Municipal Capital Facility Agreement is entered into; and 3. the date the Tax Exemption By-law is enacted. 2. City Council pass a resolution that the Municipal Capital Facility referenced in Recommendation 1 is for the purposes of the City of Toronto as a community centre 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, le Conseil scolaire Viamonde, and le Conseil scolaire catholique MonAvenir.

Considered

2019-11-18 · General Government and Licensing Committee · adopted
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 with The Order of St. Basil The Great Holding Corporation, which leases approximately 48,419 square feet of space at 3100 Weston Road to the City of Toronto, with respect to a facility for a community centre and ancillary parking (the "Leased Premises"); 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: 1. the commencement date of the lease; 2. the date the Municipal Capital Facility Agreement is entered into; and 3. the date the Tax Exemption By-law is enacted. 2. City Council pass a resolution that the Municipal Capital Facility referenced in Recommendation 1 is for the purposes of the City of Toronto as a community centre 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, le Conseil scolaire Viamonde, and le Conseil scolaire catholique MonAvenir.
2019-11-26 · Toronto City Council · adopted

On the record

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