4841 to 4881 Yonge Street, 2 and 50 Sheppard Avenue East and 4 and 6 Forest Laneway - Authorization to Amend Section 37 Agreement - by Councillor John Filion, seconded by Councillor Shelley Carroll

The Development also includes the replacement of 25 existing residential rental units. As a precondition to enacting the Zoning By-law Amendment, City Council required the Owner to enter into an Agreement pursuant to Section 37 of the Planning Act which required the Owner to construct and complete a Social Facility, along with a Child Care Facility. The Section 37 Agreement was executed and registered on title on June 15, 2015. Since the Section 37 Agreement was registered, City Council authorized amendments to that agreement related to, among other matters, delaying the delivery of the Social Facility and the Child Care Facility. An Amending Section 37 Agreement was registered on title on January 22, 2019, which implemented those previously authorized amendments. The Owner has requested that the delivery of the Child Care Facility and the Social Facility be delayed by a further five (5) months as a result of unanticipated weather-related construction delays and construction delays arising out of events beyond the Owner's control. Children's Services Staff and Planning Staff are satisfied that the requested delays are acceptable. The Section 37 Agreement must be amended to allow for these extensions of time. This matter is time sensitive and urgent because without the requested extension of time for the delivery of the Child Care Facility and the Social Facility, the Owner will be in breach of its obligations pursuant to the Section 37 Agreement as of May 1, 2019, before the next meeting of City Council.

authorize the City Solicitor and any other necessary staff to take the necessary steps to carry out City Council's decision.