Re-Opening and Amending Item 2025.EY20.2 - 56, 58 and 60 Fieldway Road - Community Benefits Charge In-Kind Report - by Councillor Amber Morley, seconded by Councillor Alejandra Bravo

Following further discussions, City Staff have determined that up to 55 percent of the Community Benefits Charge contribution (4 percent of the land value) will be required to realize the public art plan for the site. The remainder of the Community Benefits Charge, net of the in-kind contribution, will need to be paid at the time of the building permit issuance. Requires Re-opening: Etobicoke York Community Council Item 2025.EY20.2 (March 26 and 27, 2025, City Council meeting), as it relates to the percentage Community Benefits Charge contribution set out in Part 1.

Planning, generally in accordance with recommendations from the Toronto Public Art Commission and in consultation with City Planning, at a total cost to the owner of up to 55 percent of four percent of the value of the land (net of any exclusions or exemptions authorized under the Community Benefits Charge By-law), as determined the day before the day the building permit is issued in respect of the development, with the projected costs of the in-kind contributions to be evidenced through cost estimates provided by the owner and approved by the City; and b. amending Part 1.c. by deleting the words "33 percent" and replacing them with "55 percent" so that Part 1.c. now reads as follows: 1.c. to the extent that the estimated cost of the in-kind contribution is less than 55 percent of four percent of the value of the land, the difference in value between the final estimated cost of the in-kind contribution and four percent of the value of the land, as determined the day before the building permit is issued in respect of the development, will be provided in cash.