50 Richmond Street East - Nominal Lease Agreement with Unity Health Toronto

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The decision

2024-12-17 · Toronto City Council · adopted

As filed

City Council on December 17 and 18, 2024, adopted the following: 1. City Council authorize the Executive Director, Corporate Real Estate Management, on behalf of the City as landlord, to enter into an up to ten-year nominal lease agreement (the "Lease") with Unity Health Toronto (the "Tenant") for the property municipally known as 50 Richmond Street East (the "Leased Premises"), as identified in Attachment 2 to the report

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(November 5, 2024) from the Executive Director, Corporate Real Estate Management, on terms and conditions acceptable to the Executive Director, Corporate Real Estate Management, or their designate, including base building and Accessibility for Ontarians with Disabilities Act work to be carried out by the Tenant at the Leased Premises in which the City will contribute up to $10.025 million (net of Harmonized Sales Tax), in consultation with the Medical Officer of Health, and in a form satisfactory to the City Solicitor. 2. City Council adopt the confidential instructions to staff in Confidential Attachment 1 to the report (November 5, 2024) from the Executive Director, Corporate Real Estate Management. 3. City Council authorize the public release of the confidential instructions to staff in Confidential Attachment 1 to the report (November 5, 2024) from the Executive Director, Corporate Real Estate Management, at the discretion of the Executive Director, Corporate Real Estate Management. Confidential Attachment 1 to the report (November 5, 2024) from the Executive Director, Corporate Real Estate Management remains confidential at this time in accordance with the provisions of the City of Toronto Act, 2006, as it pertains to a plan to be applied to any negotiations carried on or to be carried on by or on behalf of the City. Confidential Attachment 1 to the report (November 5, 2024) from the Executive Director, Corporate Real Estate Management will be made public at the discretion of the Executive Director, Corporate Real Estate Management.

The vote

Adopt Item · Carried, 4-2

For (4)Lily Cheng, Nick Mantas, Paul Ainslie, Vincent Crisanti

Against (2)Jon Burnside, Stephen Holyday

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On the agenda

As the city filed it

The purpose of this report is to seek Council authority for the City, as landlord, to enter into a nominal lease agreement (the "Lease") with Unity Health Toronto (the "Tenant") for the property municipally known as 50 Richmond Street East (the "Leased Premises"). The Lease, along with a future service level agreement, will enable the Tenant, in partnership with Toronto Public Health ("TPH"), to operate clinic programming to enhance services to respond to urgent health needs in the downtown core.

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Toronto Public Health is relocating some of its clinical services as a result of the ModernTO Council-approved sale of 277 Victoria Street. Details associated with existing tenants at the Leased Premises are identified in Confidential Attachment 1.

Staff recommended

The Executive Director, Corporate Real Estate Management recommends that: 1. City Council authorize the Executive Director, Corporate Real Estate Management, on behalf of the City as landlord, to enter into an up to ten-year nominal lease agreement (the "Lease") with Unity Health Toronto (the "Tenant") for the property municipally known as 50 Richmond Street East (the "Leased Premises"), as identified in Attachment 2,

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on terms and conditions acceptable to the Executive Director, Corporate Real Estate Management, or their designate, including base building and Accessibility for Ontarians with Disabilities Act work to be carried out by the Tenant at the Leased Premises in which the City will contribute up to $10.025 million (net of Harmonized Sales Tax), in consultation with the Medical Officer of Health, and in a form satisfactory to the City Solicitor. 2. City Council adopt the confidential instructions to staff contained in Confidential Attachment 1 to this report. 3. City Council authorize the public release of the confidential instructions to staff contained in Confidential Attachment at the discretion of the Executive Director, Corporate Real Estate Management.

Considered

2024-11-20 · General Government Committee · adopted
Decision as filed
The General Government Committee recommends that: 1. City Council authorize the Executive Director, Corporate Real Estate Management, on behalf of the City as landlord, to enter into an up to ten-year nominal lease agreement (the "Lease") with Unity Health Toronto (the "Tenant") for the property municipally known as 50 Richmond Street East (the "Leased Premises"), as identified in Attachment 2, on terms and conditions
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acceptable to the Executive Director, Corporate Real Estate Management, or their designate, including base building and Accessibility for Ontarians with Disabilities Act work to be carried out by the Tenant at the Leased Premises in which the City will contribute up to $10.025 million (net of Harmonized Sales Tax), in consultation with the Medical Officer of Health, and in a form satisfactory to the City Solicitor. 2. City Council adopt the confidential instructions to staff contained in Confidential Attachment 1 to the report (November 5, 2024) from the Executive Director, Corporate Real Estate Management. 3. City Council authorize the public release of the confidential instructions to staff contained in Confidential Attachment 1 to the report (November 5, 2024) from the Executive Director, Corporate Real Estate Management, at the discretion of the Executive Director, Corporate Real Estate Management.
2024-12-17 · Toronto City Council · adopted

On the record

The item as the City filed it

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