Amendment to Lease Agreement with Shining Through Centre for Children with Autism at 305 Greenfield Avenue

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The decision

2021-07-14 · Toronto City Council · adopted

As filed

City Council on July 14, 15 and 16, 2021, adopted the following: 1. City Council authorize the Executive Director, Corporate Real Estate Management, to amend the terms of the below market rent lease between the Shining Through Centre for Children with Autism, as tenant, and the City of Toronto, as landlord, to permit the tenant to perform and fund the tenant in respect of State of Good Repair and Accessibility for Ontarians

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with Disabilities Act compliance work on behalf of the Landlord with a preliminary estimated value of $3,000,000, exclusive of Harmonized Sales Taxes, on terms and conditions satisfactory to the Executive Director, Corporate Real Estate Management, including compliance with the City's fair wage policies and labour trade contractual obligations, and in a form satisfactory to the City Solicitor.

On the agenda

As the city filed it

The purpose of this report is to seek City Council ("Council") authority to amend the terms of a below market rent lease agreement with Shining through Centre for Children with Autism (the "Tenant") for the property known as 305 Greenfield Avenue (the "Leased Premises"), as previously authorized by Council, to permit the Tenant to perform capital work on behalf of the City. A preliminary total cost estimate values the work at $3,000,000 (exclusive of Harmonized Sales Tax).

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Of that total value, $2,500,000 is attributed to Accessibility for Ontarians with Disabilities Act compliance work and $500,000 is attributed to State of Good Repair work (the "Work"). The subject amended lease term was inadvertently excluded from the recommendations in a previous report on this matter, and this report seeks to obtain Council authority to fund the Tenant for the Work.

Staff recommended

The Executive Director, Corporate Real Estate Management recommends that: 1. City Council authorize the Executive Director, Corporate Real Estate Management, to amend the terms of the below market rent lease between the Shining Through Centre for Children with Autism, as tenant, and the City of Toronto, as landlord, to permit the tenant to perform and fund the tenant in respect of State of Good Repair and Accessibility

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for Ontarians with Disabilities Act compliance work on behalf of the Landlord with a preliminary estimated value of $3,000,000, exclusive of Harmonized Sales Taxes, on terms and conditions satisfactory to the Executive Director, Corporate Real Estate Management, including compliance with the City's fair wage policies and labour trade contractual obligations, and in a form satisfactory to the City Solicitor.

Considered

2021-06-29 · General Government and Licensing Committee · adopted
Decision as filed
The General Government and Licensing Committee recommends that: 1. City Council authorize the Executive Director, Corporate Real Estate Management, to amend the terms of the below market rent lease between the Shining Through Centre for Children with Autism, as tenant, and the City of Toronto, as landlord, to permit the tenant to perform and fund the tenant in respect of State of Good Repair and Accessibility for Ontarians
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with Disabilities Act compliance work on behalf of the Landlord with a preliminary estimated value of $3,000,000, exclusive of Harmonized Sales Taxes, on terms and conditions satisfactory to the Executive Director, Corporate Real Estate Management, including compliance with the City's fair wage policies and labour trade contractual obligations, and in a form satisfactory to the City Solicitor.
2021-07-14 · Toronto City Council · adopted

On the record

The item as the City filed it

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