Below Market Sublease Agreement with Canadian Mothercraft Society for a Non-profit Child Care Facility - 45 Dunfield Avenue

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The decision

2020-11-25 · Toronto City Council · adopted

As filed

City Council on November 25 and 26, 2020, adopted the following: 1. City Council authorize a new sublease agreement with Canadian Mothercraft Society for a term of ten (10) years with an option to extend for a further ten (10) years for nominal consideration, substantially based on the terms set out in Appendix A to the report (October 19, 2020) from the Executive Director, Corporate Real Estate Management and the General Manager, Children's Services, and on such other or amended terms and conditions acceptable to the Executive Director, Corporate Real Estate Management.

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2. City Council authorize the City Solicitor to complete all relevant agreements, and all documentation as required, and to deliver any notices, and amend the respective commencement, termination and other dates to such earlier or later date(s), on such terms and conditions, as the City Solicitor, or designate, may from time to time, determine. 3. City Council authorize the Executive Director, Corporate Real Estate Management to execute such documents required to complete the relevant sublease agreements.

On the agenda

As the city filed it

The purpose of this report is to obtain City Council authority to enter into a new sublease agreement with Canadian Mothercraft Society for a ten (10) year term for approximately 5,716 square feet of interior space and 2,734 square feet of exterior space directly adjacent to the interior space for a non-profit child care facility, on the ground floor of the building located at 45 Dunfield Avenue (now 44 Lillian Street), Toronto, Ontario, for nominal consideration.

Staff recommended

The Executive Director, Corporate Real Estate Management, and the General Manager, Children's Services, recommend that: 1. City Council authorize a new sublease agreement with Canadian Mothercraft Society for a term of ten (10) years with an option to extend for a further ten (10) years for nominal consideration, substantially based on the terms set out in Appendix A, and on such other or amended terms and conditions acceptable to the Executive Director, Corporate Real Estate Management.

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2. City Council authorize the City Solicitor to complete all relevant agreements, and all documentation as required, and to deliver any notices, and amend the respective commencement, termination and other dates to such earlier or later date(s), on such terms and conditions, as the City Solicitor, or its designate, may from time to time, determine. 3. City Council authorize the Executive Director, Corporate Real Estate Management, to execute such documents required to complete the relevant sublease agreements.

Considered

2020-11-02 · General Government and Licensing Committee · adopted
Decision as filed
The General Government and Licensing Committee recommends that: 1. City Council authorize a new sublease agreement with Canadian Mothercraft Society for a term of ten (10) years with an option to extend for a further ten (10) years for nominal consideration, substantially based on the terms set out in Appendix A to the report (October 19, 2020) from the Executive Director, Corporate Real Estate Management and the General Manager, Children's Services, and on such other or amended terms and conditions acceptable to the Executive Director, Corporate Real Estate Management.
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2. City Council authorize the City Solicitor to complete all relevant agreements, and all documentation as required, and to deliver any notices, and amend the respective commencement, termination and other dates to such earlier or later date(s), on such terms and conditions, as the City Solicitor, or designate, may from time to time, determine. 3. City Council authorize the Executive Director, Corporate Real Estate Management, to execute such documents required to complete the relevant sublease agreements.
2020-11-25 · Toronto City Council · adopted

On the record

The item as the City filed it

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