110, 114 and 120 Broadway Avenue - Request for Directions Regarding Local Planning Appeal Tribunal Hearing

The confidential instructions to staff in Confidential Attachment 1 to the report (July 22, 2020) from the City Solicitor were adopted by City Council and are now public, as follows: 1. City Council authorize the City Solicitor to secure in the Section 37 Agreement as a legal convenience to support development the following additional matters: a. a cash contribution of $100,000.00 to be paid by the Owner prior to the issuance of the first above-grade building permit for the proposed development to be allocated to the expansion of bike share facilities; and b. the $100,000.00 cash contribution is to be indexed upwardly in accordance with the Statistics Canada Non-Residential Construction Price Index for the Toronto Census Metropolitan Area, reported quarterly by Statistics Canada in Building Construction Price Indexes Publication No. 18-10-0135-01, or its successor, calculated from the date of the Section 37 Agreement to the date of payment. The balance of Confidential Attachment 1 to the report (July 22, 2020) from the City Solicitor remains confidential in accordance with the provisions of the City of Toronto Act, 2006, as it contains advice that is subject to solicitor-client privilege.