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←Toronto City Council · 2019-10-02 · 2019.MM10.29

The filed record

Amendment to Bloor Street Transformation Project Agreement with the Bloor Street Business Improvement Area - by Councillor Mike Layton, seconded by Councillor Joe Cressy

The Public Gallery wrote no story on this item. What follows is the city’s own record of what happened to it, as filed: nothing on this page is summarised or scored by us.

The decision

2019-10-02 · Toronto City Council · adopted

As filed

City Council on October 2 and 3, 2019, adopted the following: 1. City Council amend the Bloor Street Transformation Project Agreement to allow the Bloor Street Business Improvement Area to assume ongoing maintenance obligations for the Project and to discontinue annual payments to the City for such maintenance work.

The vote

Adopt Item · Carried, 26-0

For (26)Ana Bailão, Anthony Perruzza, Brad Bradford, Cynthia Lai, Denzil Minnan-Wong, Frances Nunziata, Gary Crawford, Gord Perks, James Pasternak, Jaye Robinson, Jennifer McKelvie, Jim Karygiannis, Joe Cressy, John Filion, John Tory, Josh Matlow, Kristyn Wong-Tam, Mark Grimes, Michael Ford, Michael Thompson, Mike Colle, Mike Layton, Paul Ainslie, Paula Fletcher, Shelley Carroll, Stephen Holyday
The whole record, all 26 members

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On the agenda

As the city filed it

The Bloor Street Business Improvement Area was established in 2006 under the initiative of the Bloor-Yorkville BIA to finance the Bloor Street Transformation Project, an ambitious streetscape improvement plan to reinforce Bloor Street's status as a pedestrian-oriented, premier shopping destination. The City and the Bloor Street Business Improvement Area entered into an agreement dated June 25, 2008 (the "Agreement"), whereby the City provided a loan to the Business Improvement Area for the construction of the Project whereby the Bloor Street Business Improvement Area makes annual contributions to the City for the ongoing maintenance of granite sidewalks and curbs that are part of the Project.

Show the rest of As the city filed it, 465 more characters as filed

An amending agreement was signed on March 1, 2017 to reflect additional project costs and additional revenues applied to the project from development agreements. The Business Improvement Area would like to take on responsibility for the ongoing maintenance of trees and granite sidewalks and curbs installed as part of the Project, and accordingly discontinue their annual maintenance payments to the City. City staff have reviewed the request and are in agreement.

Staff recommended

Councillor Mike Layton, seconded by Councillor Joe Cressy, recommends that: 1. City Council amend the Bloor Street Transformation Project Agreement to allow the Bloor Street Business Improvement Area to assume ongoing maintenance obligations for the Project and to discontinue annual payments to the City for such maintenance work.

    On the record

    The item as the City filed it

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