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Toronto and East York Community Council · 2024-10-24 · 2024.TE17.12

The filed record

148-158 Avenue Road and 220-234 Davenport Road - Community Benefits Charge In-kind Contribution Value Report

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The decision

2024-11-13 · Toronto City Council · adopted

As filed

City Council on November 13 and 14, 2024, adopted the following: 1. City Council receive the report (October 7, 2024) from the Director, Community Planning, Toronto and East York District for information.

On the agenda

As the city filed it

On July 19, 2023, City Council approved the Zoning By-law Amendment application at 148-158 Avenue Road and 220-234 Davenport Road to permit a 108-metre (35 storeys, excluding mechanical penthouse) mixed-use building with 330 residential units. The application includes the conveyance of 207 and 209 Avenue Road (an area of approximately 365 square metres) as off-site parkland dedication, which will result in the expansion of Ramsden Park and an increase to the park frontage on Avenue Road.

Show the rest of As the city filed it, 524 more characters as filed

The parkland conveyance is to be delivered as a combination of the applicant's Section 42 parkland dedication requirement and a Community Benefits Charge ("CBC") in-kind contribution. City Council directed City Planning staff to report back on the value of the CBC in-kind contribution. The purpose of this report is to inform City Council that the acquisition of the off-site parkland requires 63% of the value of the in-kind CBC contribution in conjunction with the Section 42 contribution for the above-noted development.

Staff recommended

The Director, Community Planning, Toronto and East York District recommends that: 1. City Council receive this report for information.

Considered

  • 2024-10-24 · Toronto and East York Community Council · adopted

    Decision as filed

    The Toronto and East York Community Council recommends that: 1. City Council receive the report (October 7, 2024) from the Director, Community Planning, Toronto and East York District for information.

  • 2024-11-13 · Toronto City Council · adopted

On the record

The item as the City filed it

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