Authorization to Release Section 37 and 45 Funds to Toronto District School Board for the King Edward Junior and Senior Public School Yard Revitalization - by Councillor Mike Layton, seconded by Councillor Joe Cressy

Section 37 and Section 45 funds have been secured and received from various developments in the vicinity of the School for parkland improvements and/or may be redirected to another purpose, at the discretion of the Chief Planner and Executive Director, City Planning, in consultation with the Ward Councillor, provided that the purpose is identified in the City of Toronto Official Plan and will benefit the community in the vicinity of the lands. The Community Access Agreement to be signed by the Toronto District School Board will contain provisions governing the purpose of the funds, the financial reporting requirements, and access to the revitalized grounds at King Edward Junior and Senior Public School. The Community Access Agreement will be executed between the City and the Toronto District School Board, drawn up in consultation with the local Councillor.

245, 251 and 255 College Street, 39 and 40 Glasgow Street, secured for streetscape improvements but as there remains funds unspent, the contribution may be redirected to another purpose, at the discretion of the Chief Planner and Executive Director, City Planning, in consultation with the Ward Councillor, provided that the purpose is identified in the City of Toronto Official Plan and will benefit the community in the vicinity of the lands, in the amount of $74,280.92 (Source Account: XR3026-3700679). 2. City Council request City staff from the Management Services Branch of the Parks, Forestry and Recreation Division to participate in the preparation of the Community Access Agreement and City Council request the City Solicitor to draw up the Agreement, in consultation with the Ward Councillor and Community Planning staff. 3. City Council authorize the execution of a Community Access Agreement with the Toronto District School Board for the playground improvements at King Edward Junior and Senior Public School, to the satisfaction of the City Solicitor. 4. City Council direct that the funds be forwarded to the Toronto District School Board once the Toronto District School Board has signed a Community Access Agreement with the City governing the purpose of the funds, the financial reporting requirements and addressing community access to the playground facilities, satisfactory to the City Solicitor, and prepared in consultation with the General Manager, Parks Forestry and Recreation, and the Ward Councillor.