Executive Committee
The full agenda, as filed
All 28 items in the clerk’s order. Each carries the city’s own words: the staff recommendation, what the body decided, and its status. Nothing below is written by us.
Items 1 to 25 of 28Show 2550100all
EX6.1amended
This report responds to City Council's 2021 direction to the City Manager to complete an independent external review of executive compensation policies and practices at City agencies and corporations and review and update the City's Guiding Principles for the Development of Senior Executive Compensation Policies (the "Guiding Principles"). This report provides the findings of the review and seeks Council's approval of updated Guiding Principles. While the City is not the employer of agency and corporation executives, it supports agencies and corporations to set executive compensation in a transparent, rational, accountable and fair manner, taking into account the responsible use of taxpayer and ratepayer funds. Strategic compensation ensures senior executives are attracted and retained in the increasingly competitive labour market. An independent external review of executive compensation at City agencies and corporations found that their policies were developed using some or all the components of the City's framework, and that most organizations' current policies and practices are consistent with those utilized in the public, broader public, and not-for-profit sectors, and in some cases, the private sector. The review also found key elements of the 2014 Guiding Principles to be sound, prudent, and reasonable but suggested changes in specific areas to better reflect current leading market practice and labour market conditions. The Guiding Principles have been updated to provide flexibility for agencies and corporations while ensuring alignment to market indicators. The amendments include limited use of private sector comparators and incentive pay in accordance with predetermined criteria and within market norms. Utilizing the methodologies outlined in the updated Guiding Principles will result in caps to City agency and corporation executive compensation commensurate with their benchmarks.
The Executive Committee recommends that: 1. City Council approve the updated Guiding Principles for the Development of Senior Executive Compensation Policies at City Agencies and Corporations in Attachment 1 to the report (June 26, 2023) from the City Manager. 2. City Council request the Boards of Directors of City agencies and corporations listed in Schedule B of Attachment 1 to the report (June 26, 2023) from the City Manager to adopt or amend as appropriate their organization's executive compensation policy to align with the Guiding Principles for the Development of Senior Executive Compensation Policies at City Agencies and Corporations in Attachment 1 to the report (June 26, 2023) from the City Manager, and to apply it to new executives hired and newly created executive positions. 3. City Council direct the Boards of Directors of City agencies and corporations listed in Schedule B of Attachment 1 to the report (June 26, 2023) from the City Manager to provide their organizations' Board-approved adopted or amended executive compensation policy to the City Manager by the first quarter of 2024. 4. City Council provide this report to the Boards of Directors of those City agencies and corporations that were not in scope for this review, except for the Seniors Housing Corporation to which the Guiding Principles apply, for their review, reference and use as those Boards deem appropriate. 5. City Council consider the condition set by City Council in Item 2022.EX34.31 (July 19, 2022) as satisfied and permit Toronto Hydro on a go forward basis to amend its current compensation policies, or amend the base or incentive compensation provisions of its existing employment contracts with Toronto Hydro senior executives or to hire any new permanent senior executives. 6. City Council direct that Confidential Attachment 1 to the report (July 4, 2023) from the City Solicitor remain confidential in its entirety, as it contains advice that is subject to solicitor-client privilege.
Staff recommendation as filed
The City Manager recommends that: 1. City Council approve the updated Guiding Principles for the Development of Senior Executive Compensation Policies at City Agencies and Corporations in Attachment 1. 2. City Council request the Boards of Directors of City agencies and corporations listed in Schedule B of Attachment 1 to this report to adopt or amend as appropriate their organization's executive compensation policy to align with the Guiding Principles for the Development of Senior Executive Compensation Policies at City Agencies and Corporations in Attachment 1, and to apply it to new executives hired and newly created executive positions. 3. City Council direct the Boards of Directors of City agencies and corporations listed in Schedule B of Attachment 1 of this report to provide their organizations' Board-approved adopted or amended executive compensation policy to the City Manager by Q1 2024. 4. City Council provide this report to the Boards of Directors of those City agencies and corporations that were not in scope for this review, except for the Seniors Housing Corporation to which the Guiding Principles apply, for their review, reference and use as those Boards deem appropriate. 5. City Council consider the condition set by City Council in Item 2021 EX34.31 (July 19, 2022) as satisfied and permit Toronto Hydro on a go forward basis to amend its current compensation policies, or amend the base or incentive compensation provisions of its existing employment contracts with Toronto Hydro senior executives or to hire any new permanent senior executives.
EX6.2adopted
The purpose of this report is to provide City Council with an overview of the City's actions to address talent and attraction challenges in Toronto Building, Fleet Services and Paramedic Services. This report also seeks ratification and approval for the Memoranda of Agreement negotiated between the City of Toronto and CUPE, Local 79 and TCEU Local 416. The agreement with CUPE Local 79 applies revised wage grades and/or salary structure to sixteen (16) bargaining unit classifications within the Toronto Building Division. These revised Toronto Building wage grades would be applied retroactively from January 1, 2022 and will increase their hourly rate by an average of approximately 13% to align with current market rates. This Memorandum was proposed in response to concerns with compensation, complexity of assignments and workload volume in Toronto Building, all of which are negatively impacting the recruitment and retention of staff. Higher or similar salaries offered for less work volume, scope and responsibility in smaller, neighbouring municipalities has presented recruitment and retention issues for the division, especially in competing for top talent in very tight labour market conditions. This coupled with the current state of rising inflation rates, high cost of living and stringent provincial building code qualifications, places additional pressures with recruitment efforts to find and secure quality applicants. This has presented significant challenges in hiring fully qualified staff. As a result, the Division is hiring more inexperienced candidates and relying on large unsustainable amounts of overtime in an effort meet service demands. The agreement with TCEU Local 416 applies to three occupations (i.e., mechanics) in two City divisions (Fleet Services and Paramedic Services) that deal with vehicle maintenance and repair. While Toronto Fire Services also employs mechanics, they are not part of TCEU Local 416 bargaining unit. The agreement with TCEU Local 416 was proposed to address systemic issues related to recruitment and retention of mechanics in Fleet Services and Paramedic Services. In two years, the turnover rate of mechanics in Toronto Paramedic Services and Fleet has increased from 7% to 20% annually. Currently, approximately 23% of mechanic positions are vacant and the divisions are struggling to attract highly-skilled individuals, which is affecting the divisions' service levels. The barriers to attracting and retaining staff are attributable to two systemic issues: below-market wages and a constrained labour market driven by an overall shortage of this skilled trade in Southern Ontario. The agreement with TCEU Local 416 proposes a higher wage for specific roles within the maintenance teams at Fleet Services and Paramedic Services, as well as an apprenticeship program to pipeline talent into the City.
The Executive Committee recommends that: 1. City Council ratify and approve the Memorandum of Agreement in Confidential Attachment 2 to the report (June 26, 2023) from the Deputy City Manager, Infrastructure Services, the Deputy City Manager, Corporate Services, the Deputy City Manager, Community and Social Services, and the Chief People Officer between the City of Toronto and Canadian Union of Public Employees, Local 79, in order to effect a revised union wage schedule for incumbents in the noted classifications in the Toronto Building Division. 2. City Council authorize the City Manager, in consultation with the Chief Building Official and Executive Director, Toronto Building, to draw the wage increases payable in 2023 from the Building Code Service Improvement Reserve (XR1305). 3. City Council ratify and approve the Memorandum of Agreement in Confidential Attachment 3 to the report (June 26, 2023) from the Deputy City Manager, Infrastructure Services, the Deputy City Manager, Corporate Services, the Deputy City Manager, Community and Social Services, and the Chief People Officer between the City of Toronto and Toronto Civic Employees Union, Local 416 in order to effect a revised union wage schedule for incumbents in the noted classifications in the Toronto Paramedic Services and Fleet Services, subject to the other caveats within the Memorandum. 4. City Council authorize the City Manager, in consultation with the Chief People Officer, to make the necessary amendments to rates of pay and other issues identified as agreed changes in the Memoranda of Agreement for the noted classifications in Toronto Building, Toronto Paramedic Services and Fleet Services. 5. City Council authorize the public release of the confidential labour relations information in Confidential Attachment 1 to report (June 26, 2023) from the Deputy City Manager, Infrastructure Services, the Deputy City Manager, Corporate Services, the Deputy City Manager, Community and Social Services, and the Chief People Officer, after the conclusion of collective bargaining with CUPE Local 79 and TCEU Local 416 following the expiry of the 2020-2024 collective agreements, including ratification and approval of the collective agreements, by Council, and the completion of all related proceedings.
Staff recommendation as filed
The Deputy City Manager, Infrastructure Services, the Deputy City Manager, Corporate Services, the Deputy City Manager, Community and Social Services, and the Chief People Officer recommend that: 1. City Council ratify and approve the Memorandum of Agreement in Confidential Attachment 2 between the City of Toronto and Canadian Union of Public Employees, Local 79, in order to effect a revised union wage schedule for incumbents in the noted classifications in the Toronto Building Division. 2. City Council authorize the City Manager, in consultation with the Chief Building Official, to draw the wage increases payable in 2023 from the Building Code Service Improvement Reserve (XR1305). 3. City Council ratify and approve the Memorandum of Agreement in Confidential Attachment 3 between the City of Toronto and Toronto Civic Employees Union, Local 416 in order to effect a revised union wage schedule for incumbents in the noted classifications in the Toronto Paramedic Services and Fleet Services, subject to the other caveats within the Memorandum. 4. City Council authorize the City Manager, in consultation with the Chief People Officer, to make the necessary amendments to rates of pay and other issues identified as agreed changes in the Memoranda of Agreement for the noted classifications in Toronto Building, Toronto Paramedic Services and Fleet Services. 5. City Council authorize the public release of the confidential labour relations information in Confidential Attachment 1, after the conclusion of collective bargaining with CUPE Local 79 and TCEU Local 416 following the expiry of the 2020-2024 collective agreements, including ratification and approval of the collective agreements, by Council, and the completion of all related proceedings.
EX6.3adopted
Capital Variance Report for the Twelve months Ended December 31, 2022
The purpose of this report is to provide City Council with the City of Toronto capital spending for the twelve month period ended December 31, 2022. Furthermore, this report seeks Council's approval for in-year budget adjustments to the 2022 Approved Capital Budget and Plan. As illustrated in Table 1 below, City's 2022 capital expenditure was $3.602 billion or 64.4% of the 2022 capital budget of $5.597 billion for the period ended December 31, 2022. - Tax Supported Programs and Agencies reported capital expenditures of $2.524 billion representing 62.3% of their collective 2022 Approved Capital Budget of $4.051 billion. - Rate Supported Programs reported capital expenditures of $1.078 billion, representing 69.7% of their collective 2022 Approved Capital Budget of $1.546 billion. Table 1 : Capital Variance Summary Table 1 Corporate Capital Variance Summary for the Period Ended December 31, 2022 2022 Approved Budget* 2022 YE Actual Expenditures $M $M % City Operations 2,380.3 1,219.1 51.2% Agencies 1,670.3 1,305.2 78.1% Tax Supported: 4,050.6 2,524.3 62.3% Rate Supported: 1,546.4 1,078.0 69.7% TOTAL 5,596.9 3,602.3 64.4% *Note: Includes 2021 carry forward funding The City's actual capital spending through the twelve months of 2022 is $3.602 billion. This represents a higher dollar value than the $3.545 billion spent in 2021, partially as a result of cost escalation driven by inflation. However due to a materially larger base budget in 2022 compared to the prior year, coupled with $300 million in paused capital spending initiated to help address the remaining 2022 COVID-19 funding shortfall, the spending rate is lower in 2022 compared to 2021. The $300 million pause in capital spending to address the COVID-19 funding shortfall that is further detailed below, accounts for roughly 7.4% of the 2022 tax supported capital budget, adjusting for this factor the 2022 spend rate would increase to 70.7%. 2022 spend rates were further impacted by ongoing significant global supply chain issues triggered by COVID-19 were worsened by the conflict in the Ukraine. In addition the labour market has made access to skilled trade workers more challenging which severely impacted capital delivery, these supply chain and labour market challenges were experienced in all sectors, all markets and jurisdictions. Impacts resulting from the inter-governmental funding shortfall In 2022, the City actively engaged with Federal and Provincial counterparts at all levels to secure continued COVID-19 funding support. The City continued to experience significant and unprecedented financial impacts, both in the form of added costs and revenue losses as a direct result of the COVID-19 pandemic. The 2022 Operating Budget was balanced based on the expectation of continued COVID-19 support funding from the Government of Canada and Province of Ontario with a total amount of $1.4 billion. The City has received $850 million in federal and provincial support funding and has generated internal savings of $154 million compared to budgeted estimates, resulting in a remaining COVID-19 funding shortfall of $395 million in 2022. To address the remaining $395 million shortfall, a backstop strategy is required to offset the COVID-19 related 2022 operating budget deficit. This includes a $300 million adjustment to the 2022 Capital Budget consistent with the paused capital projects summarized below and detailed in appendix 6; as well as a further $95 million one-time draw from the COVID-19 backstop. Due to the absence of further Federal and Provincial contributions, the COVID-19 backstop will now be reduced to $1.039 billion, which remains sufficient to manage 2023 budgeted COVID-19 impacts of $933 million but absent further 2023 funding supports would be insufficient to address continued COVID-19 impacts expected in 2024 and future years, with 2024 impacts currently estimated to be $720 million to $927 million. $300 million Required Capital Adjustment As previously reported to Council, the backstop strategy included the requirement to pause and potentially reduce up to $300 million in approved 2022 Capital projects. The $300 million reflected 7.4% of the 2022 Tax Supported Capital Budget and was proportionately allocated across all City Programs and Agencies based on the level of Debt/Capital from Current (CFC) or Provincial Gas Tax funding within the 2022 Capital Budget. The allocation predominantly impacts the City's capital investments for Toronto Transit Commission (TTC); Transportation Services; Parks, Forestry & Recreation; and Corporate Real Estate Management, which combined, reflect $236.0 million or nearly 80% of the total $300 million impact. Appendix 6 of this report provides further details on impacted projects and notes the impacts by program or agency across the following three categories: 1. Cancelled or Permanently Reduced Projects ($97.9 million) - Capital projects or programs initially paused to now be permanently reduced. - For reductions to capital programs (i.e. major road rehabilitation), specific capital work or discrete locations were not necessarily eliminated, rather 2023 work plans were developed with reduced available funds based on the requirement for paused capital work. 2. 2022 Budget Reductions with Initiatives Incorporated in Future Capital Plans ($188.3 million) - Projects reduced from the 2022 Capital Plan and subsequently added back in futures years either through additions approved as part of the 2023 - 2032 Capital Plan or accommodated within approved and available future year funding. 3. Other Adjustments ($13.7 million) - Predominantly reflects adjustments in available funding sources enabling new non-debt funding to be added to existing projects, freeing up CFC funding to be eliminated from the Capital Plan, without an overall change to total project funding. 2022 will mark the second instance since the start of the pandemic where capital projects were reduced or adjusted to offset COVID-19 impacts with the first occurrence applying $263 million in 2020 capital underspending to the COVID-19 backstop. There is currently no further direction to pause or reduce any 2023 Capital work that was approved as part of the 2023 budget process.
The Executive Committee recommends that: 1. City Council approve in-year budget adjustments to the 2022-2031 Approved Capital Budget and Plan as detailed in Appendix 4a to the report (June 26, 2023) from the Chief Financial Officer and Treasurer. 2. City Council approve capital adjustments consistent with details provided in Appendix 6 to the report (June 26, 2023) from the Chief Financial Officer and Treasurer and direct $300 million in Capital from Current funding to the COVID-19 backstop (XQ0703) to be applied against the 2022 COVID-19 funding shortfall.
Staff recommendation as filed
The Chief Financial Officer and Treasurer recommends that: 1. City Council approve in-year budget adjustments to the 2022-2031 Approved Capital Budget and Plan as detailed in Appendix 4a. 2. City Council approve capital adjustments consistent with details provided in Appendix 6 and direct $300 million in Capital from Current funding to the COVID-19 backstop (XQ0703) to be applied against the 2022 COVID-19 funding shortfall.
EX6.4adopted
Operating Variance Report for the Twelve Months Ended December 31, 2022
The purpose of this report is to provide City Council with the Operating Variance for the twelve months ended December 31, 2022. The City continued to experience significant financial impacts, both in the form of added costs and revenue losses as a direct result of the lasting impacts of the COVID-19 pandemic. The 2022 Operating Budget expected continued COVID-19 support funding from both the Government of Canada and Province of Ontario totalling $1.4 billion. Of this budgeted amount, the City received actual Federal and Provincial COVID-19 support funding of $850.3 million across multiple COVID-19 funding streams. In addition to COVID-19 support funding, the City has generated internal savings of $153.5 million associated with actual COVID-19 impacts compared to budgeted estimates. These savings have further offset the COVID-19 funding gap, resulting in a final 2022 Year-End COVID-19 funding shortfall of $395.3 million. Table 1 below details the budgeted 2022 City-wide COVID-19 related financial impacts against secured COVID-19 support funding; and the resulting financial position that is reflected in the year-end variance. Table 1: 2022 COVID-19 Financial Impacts Category ($M) 2022 Budget (COVID-19 Impacts) Fed/Prov Funding Internal Savings Remaining 2022 Shortfall Transit 561.1 452.6 (17.1) 91.4 Shelters* 288.3 86.8 0 201.6 Municipal 490.1 251.5 (136.2) 102.4 Public Health 59.6 59.4 (0.2) 0 Total City 1,399.1 850.3 (153.5) 395.3 * COVID-19 impacts above Budgeted estimates for Shelters of $40M have been offset through program specific funding and internal savings. The 2022 Year-End COVID-19 funding shortfall of $395.3 million reflects an improvement from the $726.0 million shortfall previously reflected in the Nine Month Operating Variance reported to Council in December 2022, as a result of the following: - Added Provincial funding towards Transit Impacts ($37.4 million); - Provincial support towards the City's remaining 2022 COVID-19 shortfall ($235.0 million); and - Greater than previously projected internal savings attributed to the Q4 performance of Corporate Revenues such as the Municipal Accommodation Tax, Parking Tag and Parking Authority revenues ($58.3 million). The City had requested that the Federal government provide $235 million in further COVID-19 support funding for 2022 impacts, which would have matched the final Provincial contribution towards the remaining 2022 shortfall. Due to the absence of further funding support to address the remaining $395 million shortfall, a portion of the City's backstop strategy will be used to offset the COVID-19 related 2022 operating budget deficit. This includes a $300 million adjustment to the 2022 Capital Budget consistent with the paused capital projects detailed in appendix 6 of the Capital Variance Report; as well as a further $95 million one-time draw from the COVID-19 backstop. The COVID-19 backstop will now be reduced to $1.039 billion prior to any additional reserve contributions, which remains sufficient to manage the 2023 budgeted COVID-19 impacts of $933 million only. However absent of further funding supports would be insufficient to address continued COVID-19 related impacts expected in 2024 and future years, with 2024 impacts previously estimated to be between $720 million to $927 million. Tax Supported Programs: The following table summarizes the year-end financial position of the City's Tax Supported Operations as of December 31, 2022 reflecting an unfavourable variance of $395.3 million. Table 2: Tax Supported Operating Variance Summary Variance ($M) Favourable / (Unfavourable) 2022 December Year End Tax Supported Operating Variance Summary Budget Actual Var City Operations 2,992.3 2,883.1 109.3 Agencies 2,971.9 2,890.0 81.9 Corporate Accounts (1,319.0) (916.1) (402.9) Total Variance 4,645.2 4,856.9 (211.7) Less: Toronto Building and City Planning 64.6 Less: Obligations and Reserve Allocations 119.0 Total Adjusted Variance (Prior to Backstop Funding) 4,645.2 4,859.9 (395.3) As noted above, due to the absence of further Provincial or Federal funding, the City will address the $395.3 million shortfall through the City's COVID-19 backstop strategy. These efforts are required to maintain a balanced 2022 year-end result. Twelve Month Year-End Spending Results: As noted in Table 2 above, for the twelve months ended December 31, 2022, Tax Supported Operations experienced an unfavourable net variance of $395.3 million or 9% of the 2022 Budget prior to backstop funding. The unfavourable variance is driven entirely by the COVID-19 funding shortfall. Rate Supported Programs : Rate Supported Programs reported a favourable net variance of $99.9 million. The favourable variance is attributed to favourable revenue and expense variances in all three Rate Supported programs. Rate Supported Programs are predominantly funded by user fees that are used to pay for the services provided and the infrastructure to deliver them. Solid Waste Management Services and Toronto Water's respective year-end surpluses, must be transferred to the Waste Management Reserve Fund and Wastewater and Water Stabilization Reserves, respectively, to finance capital investments and ongoing capital repairs and maintenance. Table 3: Rate Supported Operating Variance Summary Variance ($M) Favourable / (Unfavourable) 2022 December Year End Rate Supported Operating Variance Summary Budget Actual Var Solid Waste Management Services 0.0 (29.6) 29.6 Toronto Parking Authority (14.4) (31.6) 17.2 Toronto Water 0.0 (53.1) 53.1 Total Variance (14.4) (114.3) 99.9
The Executive Committee recommends that: 1. Due to the absence of any further 2022 COVID-19 support funding, City Council approve the one-time redirection of $300 million in 2022 budgeted Capital From Current funds as detailed in the year end 2022 Capital Variance Report, as well as a one-time withdraw of $95.3 million in COVID-19 backstop funding from the Tax Rate Stabilization Reserve to offset the remaining unfavourable variance to the 2022 Operating year-end results. 2. City Council approve the recommended expenditure authority as detailed in Appendix D to the report (June 26, 2023) from the Chief Financial Officer and Treasurer.
Staff recommendation as filed
The Chief Financial Officer and Treasurer recommends that: 1. Due to the absence of any further 2022 COVID-19 support funding, City Council approve the one-time redirection of $300 million in 2022 budgeted Capital From Current (CFC) funds as detailed in the year end 2022 Capital Variance Report, as well as a one-time withdraw of $95.3 million in COVID-19 backstop funding from the Tax Rate Stabilization Reserve to offset the remaining unfavourable variance to the 2022 Operating year-end results. 2. City Council approve the recommended expenditure authority as detailed in Appendix D of this report.
EX6.5adopted
Capital Variance Report for the Four months Ended April 30, 2023
The purpose of this report is to provide City Council with the City of Toronto capital spending for the four month period ended April 30, 2023, as well as projected expenditures to December 31, 2023. Furthermore, this report seeks Council's approval for in-year budget adjustments to the 2023 Adopted Capital Budget and Plan. Table 1 below summarizes the City's 2023 actual capital expenditures compared with the 2023 approved capital budget for the period ended April 30, 2023 as well as the projected expenditures by December 31, 2023. Table 1: Capital Variance Summary Table 1 Corporate Capital Variance Summary for the Period Ended April 30, 2023 2023 Adopted Budget* 2023 4M Actual Expenditures 2023 Projected YE Expenditures $M $M % $M % City Operations 2,634.4 399.4 15.2% 2,181.1 82.8% Agencies 1,734.2 256.1 14.8% 1,585.0 91.4% Tax Supported: 4,368.6 655.5 15.0% 3,766.1 86.2% Rate Supported: 1,562.3 197.0 12.6% 1,349.0 86.4% TOTAL 5,930.9 852.5 14.4% 5,115.2 86.2% *Note: Includes 2022 carry forward funding The City's actual capital spending through the first four months of 2023 is $852.5 million or 14.4% of the adopted capital budget of the year. The projected spending rate is 86.2% by year-end based on submissions from City divisions and agencies.
The Executive Committee recommends that: 1. City Council approve in-year budget adjustments to the 2023-2032 Adopted Capital Budget and Plan as detailed in Appendix 4 to the report (June 26, 2023) from the Chief Financial Officer and Treasurer.
Staff recommendation as filed
The Chief Financial Officer and Treasurer recommends that: 1. City Council approve in-year budget adjustments to the 2023-2032 Adopted Capital Budget and Plan as detailed in Appendix 4.
EX6.6adopted
Operating Variance Report for the Four Months Ended April 30, 2023
The purpose of this report is to provide City Council with the Operating Variance for the four months ended April 30, 2023 as well as projections to year-end. This report also requests City Council's approval for amendments to the 2023 Approved Operating Budget that have no impact on the City's Net Budget. In 2023, the City continues to experience significant financial impacts, both in the form of added costs and revenue losses as a direct result of the lasting impact of the COVID-19 pandemic. As a result, the 2023 Operating Budget was balanced based on the expectation of continued COVID-19 support funding from the Government of Canada and Province of Ontario with a total amount of $932.8 million. To date, $55.2 million in 2023 COVID-19 support funding has been committed specific to Public Health costs. In addition to COVID-19 support funding, the City has generated $32.2 million in offsets associated with projected COVID-19 impacts compared to budgeted estimates, resulting in a $845.4 million remaining COVID-19 funding shortfall in 2023. Table 1 below details the budgeted 2023 City-wide COVID-19 related financial impacts against secured and assured COVID-19 support funding; and the resulting financial position that is reflected in the year-end variance projections: Table 1: 2023 Anticipated COVID-19 Financial Impacts COVID-19 Impacts ($Millions) 2023 Budget Committed Fed/Prov Funding Internal Offsets / Savings Remaining 2023 Shortfall Transit 366.4 366.4 Shelters 317.2 317.2 Other Municipal Pressures 161.9 161.9 Public Health 87.4 55.2 32.2 0 Total COVID-19 Impacts 932.8 55.2 32.2 845.4 Tax Supported Programs: The following table summarizes the projected year-end financial position of the City's Tax Supported Operations as of April 30, 2023. Table 2: Tax Supported Operating Variance Summary Variance ($M) Favourable / (Unfavourable) 2023 April YTD 2023 Year-End Projection Budget Actual Var Budget Actual Var Tax Supported Operating Variance Summary City Operations 1,026.0 1,064.4 (38.4) 3,038.8 3,161.1 (122.3) Agencies 974.2 944.2 30.0 2,897.4 2,850.1 47.3 Corporate Accounts (280.7) (80.5) (200.1) (1,027.5) (209.3) (818.2) Total Variance 1,719.6 1,928.1 (208.6) 4,908.7 5,801.9 (893.2) Less Toronto Building 4.1 (8.1) 12.2 (16.1) (34.9) 18.8 Less City Planning 3.8 2.1 1.8 9.7 6.1 3.6 Total Variance-Excluding Toronto Building/City Planning 1,711.7 1,934.2 (222.5) 4,915.1 5,830.7 (915.6) % of Gross Budget (13%) (19%) Four Month Year-to-Date and Projected Year-End Spending Results: As noted in Table 2 above, for the four months ended April 30, 2023, Tax Supported Operations experienced an unfavourable net variance of $ 222.5 million or (13%) of planned expenditures adjusted for Toronto Building and City Planning. It is important to note that the April 30 th experience is a snapshot in time and the year-end projection is based on current and expected future impacts. The continued impact of COVID-19 and any deviation from expectations to year end will impact variance projections. Any changes will be reflected in variance reporting for the twelve months ending December 31, 2023. For year-end, the City is projecting an unfavourable variance of $915.6 million or (19%) of the 2023 Gross Operating Budget, adjusted for Toronto Building and City Planning. The projected unfavourable variance results from: $845.4 million COVID-19 funding shortfall; $111.7 million projected unfavourable variance within Shelter Services attributed to the Refugee Response funding shortfall of $97 million and greater than expected overall shelter services costs; and $41.5 million projected favourable across all other divisions and agencies. Rate Supported Programs: Rate Supported Programs reported a favourable year-to-date net variance of $7.2 million. Table 3: Rate Supported Operating Variance Summary Variance ($M) Favourable / (Unfavourable) 2023 April YTD 2023 Year-End Projection Budget Actual Var Budget Actual Var Solid Waste Management Services (7.2) (7.1) (0.1) 0.0 (5.7) 5.7 Toronto Parking Authority (4.5) (12.0) 7.5 (25.4) (32.9) 7.5 Toronto Water 12.9 13.1 (0.2) 0.0 (17.0) 17.0 Total Variance 1.2 (6.0) 7.2 (25.4) (55.6) 30.2 The favourable variance is largely driven by Toronto Parking Authority, attributed to both expense savings as well as positive revenue variances. The year end is projecting no change in the variances for Toronto Parking Authority from the current experience, with a more favourable outlook in Toronto Water, as higher consumption rates are expected to continue. Rate Supported Programs are funded entirely by the user fees that are used to pay for the services provided and the infrastructure to deliver them. Solid Waste Management Services and Toronto Water's respective year-end surpluses, if any, must be transferred to the Wastewater and Water Stabilization Reserves and Waste Management Reserve Fund, respectively, to finance capital investments and ongoing capital repairs and maintenance.
The Executive Committee recommends that: 1. City Council acknowledge the projected unfavourable year-end operating variance attributed to the COVID-19 financial impacts and remaining funding shortfall that is expected absent any further federal and provincial COVID-19 funding support. 2. City Council approve the budget adjustments and any associated complement changes detailed in Appendix D to the report (June 26, 2023) from the Chief Financial Officer and Treasurer to amend the 2023 Approved Operating Budget, with no impact on the Net Operating Budget of the City. 3. City Council authorize vendor fees detailed in Appendix E to the report (June 26, 2023) from the Chief Financial Officer and Treasurer, and consistent with the 2023 Budget to be added to the current police reference checks and other police documents fees charged to the public by the Toronto Police Service and City Council amend City of Toronto Municipal Code Chapter 441, Fees and Charges to reflect these new fees.
Staff recommendation as filed
The Chief Financial Officer and Treasurer recommends that: 1. City Council acknowledge the projected unfavourable year-end operating variance attributed to the COVID-19 financial impacts and remaining funding shortfall that is expected absent any further federal and provincial COVID-19 funding support. 2. City Council approve the budget adjustments and any associated complement changes detailed in Appendix D to amend the 2023 Approved Operating Budget, with no impact on the Net Operating Budget of the City. 3. City Council authorize vendor fees detailed in Appendix E and consistent with the 2023 Budget to be added to the current police reference checks and other police documents fees charged to the public by Toronto Police Service and amend City of Toronto Municipal Code Chapter 441, Fees and Charges to reflect these new fees.
EX6.7adopted
Deferred Revenue Report at December 31, 2022
The City of Toronto (City) receives monies from external parties and is obligated to set these monies aside for specific purposes outlined in Provincial legislation or third party agreements. These monies may also be set aside for goods and services that will be provided in the future. In both instances, the receipt of these monies creates obligations for the City that must be settled at a future date. An example of such an obligation is the collection of development charges when building permits are issued. These development charges will contribute to the cost of growth related infrastructure required to provide municipal services that support new development. When these monies are received, they are recognized on the City's Statement of Financial Position as Deferred Revenue which is a liability. The deferred revenue amounts are recognized as earned revenue only when the committed investment is completed and expenditures recognized as tangible capital assets in the Statement of Financial Position or as operating expenses in the Statement of Operations and Accumulated Surplus. This report provides an update of deferred revenue balances at December 31, 2022, and earned revenue for the year ended December 31, 2022, which was included in the City's Statement of Operations and Accumulated Surplus in the consolidated financial statement. As at December 31, 2022, the City recognized $5,623.9 million in deferred revenues, increased by $2,259.6 million in monies received and reduced by $1,538.9 million in earned revenues as compared to the December 31, 2021 balance of $4,903.2 million. This balance represents accumulated deferred revenue balances, which are a reflection of obligated investments not yet completed to support growth, or goods and/or service commitments that the City must deliver to third parties, not yet earned and recognized as revenue. Deferred revenues are fully committed based on contractual obligations to support growth-related infrastructure investments in the community, or other service or operational performance obligations.
The Executive Committee: 1. Received the report (June 26, 2023) from the Chief Financial Officer and Treasurer for information.
Staff recommendation as filed
The Chief Financial Officer and Treasurer recommends that: 1. Executive Committee receive the Deferred Revenue Report at December 31, 2022 for information.
EX6.8adopted
City of Toronto Reserve and Reserve Fund Balances as at December 31, 2022
Reserves and Reserve Funds established by Toronto City Council (Council) are key in the financial management and operations of the City of Toronto (City). These funds are set aside to help offset future capital needs, future obligations such as employee expenses, fiscal pressures from ongoing programs and unforeseen costs or revenue shortfalls, minimizing annual tax rate fluctuations. As an example, prudent financial management requires the City to retain a Tax Rate Stabilization Reserve balance as a contingency to address unanticipated and emergency events. The City of Toronto has committed to maintaining a Tax Rate Stabilization Reserve balance of no less than 2% of annual property tax revenues for this purpose. Reserves and Reserve Funds are drawn upon to finance operating and capital expenditures as designated by Council; the contributions to, or draws from, Reserve and Reserve Funds represent a source or use of funds. Contributions to Reserves and Reserve Funds are not revenue earned by the City; similarly, draws are not expenses. Total Reserve and Reserve Funds are consolidated within the City's Accumulated Surplus position on the Consolidated Statement of Financial Position. These balances have accumulated over a number of years with deliberate contributions over the last few years to address COVID-related financial challenges at the expense of contributions that otherwise would have supported the City's capital program. Outside of planned reserve contributions for specific uses, some contributions are made when there are excess cash inflows over budgeted amounts, or when there are lower expenditures than budgeted or when there are timing impacts to commitments originally planned and approved. With the ongoing impacts of the pandemic and the increased financial pressures on the City, it is likely these balances will be drawn down. It is essential to understand that based on current practices and the current budget there is no predictable source of funding to replenish the balances. This report provides 2022 activity to December 31, 2022 for the City's Reserves and Reserve Fund balances. Reserves and Reserve Funds balances as at December 31, 2022 totalled $5,431.6 million, an increase of $1,321.3 million over the December 31, 2021 balance. This change is the result of prior year budget surplus allocations, along with various deliberate contributions, such as land sales credited directly to the land acquisition reserve fund, as authorized by Council. The majority of the City's reserve and reserve fund balances ($5,135.6 million, or 94.6%) are committed to future Council directed activities that include capital and operating expenditures and rate-based activities. Only the remaining balance of $296 million, or 5.4% of total reserves and reserve funds is uncommitted and available to respond to various unanticipated costs, stabilize various funding sources, including the tax base, or for emergency purposes such as extreme weather events.
The Executive Committee: 1. Received the report (June 26, 2023) from the Chief Financial Officer and Treasurer for information.
Staff recommendation as filed
The Chief Financial Officer and Treasurer recommends that: 1. Executive Committee receive the City of Toronto Reserve and Reserve Fund Balances report as at December 31, 2022 for information.
EX6.9amended
This report seeks Council authority for the introduction of the by-law necessary to levy and collect taxes for the 2023 taxation year on railway roadways and rights-of-way and on land used as transmission or distribution corridors owned by power utilities, totalling approximately $7.00 million in taxation revenue, of which the municipal share is $6.49 million and the provincial education share is $0.51 million. The 2023 levy has decreased slightly from the 2022 levy total of $7.05 million (with a $6.54 million municipal share and a provincial education share of $0.51 million) due to a reduction in the 2023 total acreage subject to this levy. For 2023, the property tax rates for railway rights-of-way and hydro corridors remain unchanged from 2022. Taxation of railway lands varies across Canada, with some provinces utilizing a per-acre rate for railway lands, and most western provinces using tonnage per linear kilometre rates. In Ontario, per-acre rates are not increased annually. From 2005 to 2016 railway rates remained static, followed by modest rate increases in 2017 and again in 2018, with no rate increases since. If railway and hydro rates had been indexed to inflation to reflect increases in the Consumer Price Index in each year since 2005, an additional $3.05 million would be generated from the levy in 2023, including an increase in the municipal portion of revenues (including the Education share of Hydro One levy) of approximately $2.82 million.
The Executive Committee recommends that: 1. City Council authorize the levy and collection of taxes for the 2023 taxation year on railway roadways and rights-of-way and on land used as transmission or distribution corridors owned by power utilities, in accordance with subsection 280 (1) of the City of Toronto Act, 2006 and subsection 257.7 (1) of the Education Act. 2. City Council request the Province of Ontario to enact regulations to prescribe a levy on Railway Roadway and Rights of Way and on Power Utility Transmission and Distribution Corridors for the 2023 taxation year, reflecting inflationary increases since 2018 when the current rates were reached.
Staff recommendation as filed
The Controller recommends that: 1. City Council authorize the levy and collection of taxes for the 2023 taxation year on railway roadways and rights-of-way and on land used as transmission or distribution corridors owned by power utilities, in accordance with subsection 280 (1) of the City of Toronto Act, 2006 and subsection 257.7 (1) of the Education Act.
EX6.10amended
2023 Heads and Beds Levy on Institutions
This report requests Council authority to adopt a by-law to levy amounts in the 2023 taxation year for colleges and universities, public hospitals, and correctional facilities (the "institutions"), estimated at approximately $19.6 million (annual "Heads and Beds" levy) based on the current legislative rates. A levy of $75 per head or bed has been in effect since 1987. If the rates had been increased to reflect increases in the Consumer Price Index in each year from 1987 to 2023 (such that the 2023 rate would be $170.64 for each full time student, provincially rated bed, or resident place), an additional $24.9 million in tax revenue would be received in 2023. This is an issue faced by all Ontario municipalities.
The Executive Committee recommends that: 1. City Council authorize the levy and collection of amounts for the 2023 taxation year on colleges and universities, public hospitals, and correctional facilities as authorized by Section 285 of the City of Toronto Act, 2006 and City Council direct that the maximum prescribed amount of $75 be applied per provincially rated hospital bed, full time student, or resident place as prescribed by Ontario Regulation 121/07. 2. City Council forward the Item to the Premier of Ontario and the Ontario Minister of Finance and request the Province to increase the $75.00 levy annually by the rate of inflation.
Staff recommendation as filed
The Controller recommends that: 1. City Council authorize the levy and collection of amounts for the 2023 taxation year on colleges and universities, public hospitals, and correctional facilities as authorized by Section 285 of the City of Toronto Act, 2006 and City Council direct that the maximum prescribed amount of $75 be applied per provincially rated hospital bed, full time student, or resident place as prescribed by Ontario Regulation 121/07.
EX6.11adopted
Toronto Water 2023 Capital Budget and 2024-2032 Capital Plan Adjustments
This report requests City Council's authority to amend Toronto Water's Approved 2023 Capital Budget and 2024-2032 Capital Plan by adjusting project cash flows contained within the Budget and Plan, respectively, to align forecasted project accelerations and deferrals. Additional reallocations to project cashflows and project costs are requested where project costs exceed the current approved cashflows and project costs. These reallocations will allow Toronto Water to continue to deliver projects within its capital plan. The adjustments will have a zero dollar impact on the 2023 Capital Budget and 2024-2032 Capital Plan and will align the budget and plan with Toronto Water's capital project delivery schedule and program requirements.
The Executive Committee recommends that: 1. City Council authorize the reallocation of cashflows and corresponding funding within Toronto Water's Approved 2023 Capital Budget and 2024-2032 Capital Plan in the amount of $18.185 million, for acceleration and deferral of projects, as presented in Schedule A (Part A and B) to the report (June 23, 2023) from the General Manager, Toronto Water, with a zero Budget impact. 2. City Council authorize the reallocation of project costs, cashflows and corresponding funding in Toronto Water's Approved 2023 Capital Budget and 2024-2032 Capital Plan in the amount of $15.939 million from projects that have been awarded under budget or completed to those requiring additional funding in the same amount as presented in Schedule A (Part C) to the report (June 23, 2023) from the General Manager, Toronto Water, with a zero Budget impact.
Staff recommendation as filed
The General Manager, Toronto Water recommends that: 1. City Council authorize the reallocation of cashflows and corresponding funding within Toronto Water's approved 2023 Capital Budget and 2024-2032 Capital Plan in the amount of $18.185 million, for acceleration and deferral of projects, as presented in Schedule A (Part A and B) to the report, with a zero Budget impact. 2. City Council authorize the reallocation of project costs, cashflows and corresponding funding in Toronto Water's Approved 2023 Capital Budget and 2024-2032 Capital Plan in the amount of $15.939 million from projects that have been awarded under budget or completed to those requiring additional funding in the same amount as presented in Schedule A (Part C), with a zero Budget impact.
EX6.12adopted
Update on City Partnership to Advance Community Safety and Wellbeing on the Transit System
This report responds to Council directions EX3.13 to the Toronto Transit Commission (TTC) and the City of Toronto to develop further actions to advance the integrated work of the TTC, Toronto Police Service (TPS) and City divisions to improve community safety on the transit system and provide wellbeing supports to an unprecedented number of vulnerable individuals seeking respite on the TTC over the winter months. TTC Staff issued a separate progress report to the TTC Board on June 12th. On March 30, 2023, City Council directed the TTC and City of Toronto staff to strengthen the partnerships by collaborating on the following: 1. Investigate other jurisdiction's transit safety approaches; 2. Engage other orders of government to support municipal efforts 3. Increase the use of Streets to Homes and their outreach partners as an effective means to support vulnerable people in the transit system. 4. Enhance integrated data monitoring and reporting to guide decision-making. 5. Enhance equity and inclusion efforts on the transit system. In January 2023, the City of Toronto and the TTC launched a partnership with the Toronto Police Service and community service providers to improve community safety and wellbeing on the transit system. This multi-disciplinary approach combined security measures using community safety ambassadors, security guards and temporarily redeployed police officers along with community-focused interventions consisting of shelter and housing outreach and referrals and mental health and addictions services to support individuals with complex needs using the transit system. The collection and integration of data across all three organizations is integral to this work to effectively deploy resources as the hot spots requiring greater support are identified within the transit system. Data integration will also allow for the identification of trends to understand if positive impacts are being achieved. Based on the data collected since January 2023, there are positive indicators that show that community safety and wellbeing is improving. While riders' perceptions of safety remain low, the rate of actual offences against employees and customers has declined since January. Additionally, for those individuals in the transit system with complex needs, almost 2,100 site visits from Streets-to-Homes teams have occurred since January resulting in individuals being referred to shelters and being connected with mental health supports. These interventions have been put in place as rapidly as possible to address the immediate and acute need to support people with complex needs in the transit system. However, as Toronto continues to experience the long-term social and economic impacts of COVID-19, the transit system continues to be a site where people with complex needs need to be supported. This creates unsustainable financial pressures and shortfalls on the TTC and the City of Toronto's operating budgets, requiring long term commitments from all orders of government to fund the shortfall.
The Executive Committee: 1. Received the report (June 26, 2023) from the Executive Director, Social Development, Finance and Administration and the General Manager, Shelter, Support and Housing Administration for information.
Staff recommendation as filed
The Executive Director, Social Development, Finance and Administration and the General Manager, Shelter, Support and Housing Administration recommend that: 1. Executive Committee receive this report for information.
EX6.13amended
St. Lawrence Centre for the Arts Redevelopment
At its meeting on June 20, 2023, the Board of Directors of CreateTO considered item RA5.4 and made recommendations to City Council. Summary from the report (June 6, 2023) from the Chief Financial Officer, CreateTO: At its meeting of May 11, 2022, City Council adopted EX32.10 which endorsed the building program for a new reimagined St. Lawrence Centre for the Arts ("STLC") developed through a consultation process with the performing arts and creative communities. Council also directed CreateTO in consultation with TO Live to: - Explore options for and complete the schematic design process to reimagine the STLC, informed by current capital funding (i.e., SOGR), the heritage approach and the building program developed through a consultation process; - Complete an updated Class D cost estimate; - Explore the opportunity for a renovation budget for the existing building; and - Provide an update to the project budget and funding strategy (funding strategy to be addressed by TO Live in their report back to their board). The STLC is managed by TO Live and located at 27 Front Street East, in the heart of the St. Lawrence Neighbourhood. The purpose of the report is to provide the Board of Directors of CreateTO (the "Board") with the results of the design competition to develop a winning schematic design, report on a renovation option, and seek approval to transition the project to Corporate Real Estate Management, Project Management Office to manage the design and construction of the new STLC pursuant to the Major Capital Project Approval Process. TO Live, as part of their reporting, will present an update on the funding strategy to support the new STLC outlined in this report to the TO Live Board on June 28, 2023. Executive Committee and Council will consider recommendations from the CreateTO and TO Live Boards on this matter at its meeting on July 11 and July 19-21, 2023, respectively. The STLC has played a key role in the evolution of the City's cultural fabric. Constructed by the City of Toronto as a Canadian centennial project, the STLC opened its doors in February 1970. For 52 years the building, alongside its counterpart, Meridian Hall, has served performers and hosted performances that have entertained citizens and visitors. Today, following the impacts of the pandemic, a new cultural landscape is emerging that calls for a reimagining of the STLC that builds upon the renewed values and themes heard through the consultation process, and which aligns with the TO Live five-year Strategic Plan - programing priorities; flexible spaces; equity, access and affordability; creative process; and delivery systems that will support the next generation of artists, performers, creatives and the local community. The proposed rebuild of the STLC will create a cultural ecosystem where renewed cultural spaces, innovative spaces and gathering spaces will anchor the STLC as a cultural and civic hub along the important Front Street cultural corridor. A new STLC will support the following key objectives: - Build cultural capacity in the City, which will secure longevity of space for the creative community; - Create new spaces that will serve the functional needs of the cultural and creative sector and the local community based on the following key principles which emerged from consultation process; - dynamic and highly flexible spaces; - a building constructed for extreme usability; - a bold and open building that fits the neighbourhood; and - a future facing building for a decarbonized world. - Enable the versatility of spaces to serve performance and presentation, creation and incubation and the local artistic community as well as enable TO Live to showcase the world's most innovative artistic programs through presentation; - Create a new state-of-the-art cultural hub and community asset for the City that will be equipped with cutting-edge broadcast technology and livestreaming equipment, virtual and augmented reality technology and high-speed connectivity to support the next generation of creatives and generate economic activity in Toronto; - Support the cultural and retail importance of Front Street East as a "Cultural Corridor and Retail Priority Street" in the City's Downtown Plan; - Contribute to the enhancement of the public realm with improved connections to Berczy Park, Scott Street and Meridian Hall and a new outdoor plaza on Scott Street; and - Comply with Version 4 of the Toronto Green Standards, for City Agency, Corporation and Division Owned Facilities to meet the City's TransformTO objectives. CreateTO, in collaboration with TO Live and Corporate Real Estate Management, pursuant to the City's Major Capital Project Approval Process, and as directed by Council through Item2020.EX12.6 and Item2022.EX32.10, have completed the following tasks as part the Phase One - Concept Design: - Development of a building program through community consultation (refer to Attachment 2); - Development of a design concept as established by the STLC Design Competition with the selection of the winning submission by Hariri Pontarini Architects, LMN Architects, Tawaw Architecture Collective, Smoke Architecture and SLA (collectively the "PH Design Team") (refer to Attachment 1); and - A Class D Cost Estimate Upon Council's adoption of the recommendation contained in this report and the funding strategy proposed by TO Live, the design and construction of the project will be transitioned to the City's CREM's Project Management Office.
The Executive Committee recommends that: 1. City Council adopt the St. Lawrence Centre Design Competition jury's selection of Hariri Pontarini Architects, LMN Architects, Tawaw Architecture Collective, Smoke Architecture and SLA as the winning submission for the St. Lawrence Centre for the Arts Design Competition. 2. City Council request the Board of Directors of CreateTO to direct the Chief Executive Officer, CreateTO, to transition the next stages of this building program, including design and construction of the St. Lawrence Centre, within existing approved, and other available funds, to the Executive Director, Corporate Real Estate Management. 3. City Council request the Board of Directors of TO Live to direct the President and Chief Executive Officer, TO Live, in consultation with the Executive Director, Corporate Real Estate Management and the Executive Director, Financial Planning, to establish a stage gate process and proceed with Contract Documents and Class A Budget Estimates aligned to a fundraising strategy, as set out in Confidential Attachment 1 to the report (June 14, 2023) from the President and Chief Executive Officer, TO Live, between the TO Live Foundation and the City, which will inform future budget submissions. 4. City Council direct that Confidential Attachment 1 to the report (June 14, 2023) from the President and Chief Executive Officer, TO Live remains confidential in its entirety as it contains financial information supplied in confidence to the Board of Directors of TO Live which, if disclosed, could reasonably be expected to significantly prejudice the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.
Staff recommendation as filed
The Board of Directors of CreateTO recommends that: 1. City Council adopt the St. Lawrence Centre for the Arts Design Competition jury's selection of Hariri Pontarini Architects, LMN Architects, Tawaw Architecture Collective, Smoke Architecture and SLA as the winning submission for the St. Lawrence Centre for the Arts Design Competition. 2. City Council direct the Chief Executive Officer, CreateTO, to transition this project to the Executive Director, Corporate Real Estate Management.
EX6.14amended
The Beaches-East York Pilot Project is part of the Expanding Housing Options in Neighbourhoods (EHON) initiative. The purpose of the Pilot Project is to review appropriate City-owned sites in Beaches-East York (Ward 19) and work with the development industry and in consultation with the community to build a "missing middle" demonstration project. The processes and approaches developed through this initiative will inform how missing middle projects may be built on other sites, both publicly- and privately-owned, within the city. The purpose of this report is to seek City Council authority for the transfer of the City-owned property at 72 Amroth Avenue ("the Property") from the City to a CreateTO managed corporation, Build Toronto Inc., or an affiliate of Build Toronto Inc. This report responds to direction received in Item PH.20.3 "Expanding Housing Options in Neighbourhoods: Beaches-East York Pilot Project" to facilitate, through an appropriate development procurement process, the design and construction of demonstration projects, as part of the Beaches-East York Pilot Project. This report further seeks City Council authority for city-initiated Official Plan and Zoning By-law Amendments on the property to address policy and zoning barriers in the development of missing middle housing types.
The Executive Committee recommends that: 1. City Council direct that the City-owned property at 72 Amroth Avenue be allocated to the Beaches-East York Pilot Project for the purposes of developing missing middle housing solutions on City-owned, transit-oriented properties. 2. City Council grant authority to the Executive Director, Corporate Real Estate Management to approve an agreement to transfer 72 Amroth Avenue, and agreements related thereto, to a CreateTO managed corporation, Build Toronto Inc. or an affiliate of Build Toronto Inc., substantially on the major terms and conditions set out in Confidential Attachment 1 to the report (June 26, 2023) from the Deputy City Manager, Corporate Services and the Chief Planner and Executive Director, City Planning, and including such other terms and conditions that are acceptable to the Executive Director, Corporate Real Estate Management and in a form satisfactory to the City Solicitor. 3. City Council authorize severally each of the Executive Director, Corporate Real Estate Management and Director, Transaction Services to execute the documents required to complete the transfer transaction upon notice from CreateTO of a closing date for the disposal of 72 Amroth Avenue for redevelopment purposes. 4. City Council request the Chief Planner and Executive Director, City Planning, to advance any Official Plan Amendments and Zoning By-law Amendments required to provide permissions for missing middle housing opportunities on the property at 72 Amroth Avenue, to prepare the property at 72 Amroth Avenue for marketing missing middle housing opportunities on the lands. 5. City Council request the CreateTO Board to approve a market offering process for 72 Amroth Avenue following approval of a business case from the Chief Executive Officer, CreateTO, and direct the Chief Executive Officer, CreateTO to administer the market offering process utilizing its pre-qualified Broker roster to expedite marketing. 6. City Council direct that the City-owned property at 72 Amroth Avenue be de-designated as a municipal parking facility and cease to be managed by the Toronto Parking Authority and the City of Toronto Municipal Code Chapter 950, Traffic and Parking, Schedule XXXIV: Municipal Parking Facilities be amended to reflect such de-designation. 7. City Council authorize the City Solicitor to introduce the necessary Bills and make any necessary minor modifications, technical amendments, or by-law amendments as may be identified by them, or by the Executive Director, Corporate Real Estate Management, in order to give effect to Recommendation 6 above. 8. City Council request the Executive Director, Environment and Climate, and the General Manager, Transportation Services, in consultation with the Chief Executive Officer, CreateTO and the President, Toronto Parking Authority, to explore the feasibility of electrifying the existing Bikeshare station on Amroth Avenue and integrating it with a new on-street Electric Vehicle charging station. 9. City Council authorize the public release of Confidential Attachment 1 to the report (June 26, 2023) from the Deputy City Manager, Corporate Services and the Chief Planner and Executive Director, City Planning, following the closing of the transactions contemplated in Confidential Attachment 1 to the report (June 26, 2023) from the Deputy City Manager, Corporate Services and the Chief Planner and Executive Director, City Planning. 10. City Council request the Board of Directors of CreateTO to direct the Chief Executive Officer, CreateTO, in consultation with the Chief Planner and Executive Director, City Planning and the local Councillor, to establish an advisory group in first quarter of 2024 to advise on the Beaches-East York Pilot Project at 72 Amroth Avenue, and help inform lessons learnt in developing missing middle of a similar scale on other appropriate sites. 11. City Council direct the Chief Building Official and Executive Director, Toronto Building, in consultation with the Fire Chief and General Manager, Toronto Fire Services and the Chief Planner and Executive Director, City Planning, to facilitate the design and construction of missing middle housing forms, while meeting Building Code objectives, in support of the City's housing strategy and the Expanding Housing Options in Neighbourhoods initiative by: a. hiring a Building Code Consultant for technical consulting services to study the feasibility of supporting egress in multi-residential buildings of up to four stories, including additional life safety and other measures which would meet the objectives and intent of the Ontario Building Code, and report back on these findings to the Planning and Housing Committee in the first quarter of 2024; and b. working in partnership with the Chief Planner and Executive Director, City Planning, incorporate any alternative options for compliance into the "Expanding Housing Options in Neighbourhoods" initiative and other missing middle projects in the City of Toronto.
Staff recommendation as filed
The Deputy City Manager, Corporate Services and the Chief Planner and Executive Director, City Planning recommend that: 1. City Council direct that the City-owned property at 72 Amroth Avenue be allocated to the Beaches-East York Pilot Project for the purposes of developing missing middle housing solutions on City-owned, transit-oriented properties. 2. City Council grant authority to the Executive Director, Corporate Real Estate Management to approve an agreement to transfer 72 Amroth Avenue, and agreements related thereto, to a CreateTO managed corporation, Build Toronto Inc. or an affiliate of Build Toronto Inc., substantially on the major terms and conditions set out in Confidential Attachment 1 and including such other terms and conditions that are acceptable to the Executive Director, Corporate Real Estate Management and in a form satisfactory to the City Solicitor. 3. City Council authorize (severally each of) the Executive Director, Corporate Real Estate Management and Director, Transaction Services to execute the documents required to complete the transfer transaction upon notice from CreateTO of a closing date for the disposal of 72 Amroth Avenue for redevelopment purposes. 4. City Council request the Chief Planner and Executive Director, City Planning, to advance any Official Plan Amendments and Zoning By-law Amendments required to provide permissions for missing middle housing opportunities on the property at 72 Amroth Avenue, to prepare the property at 72 Amroth Avenue for marketing missing middle housing opportunities on the lands. 5. City Council request the CreateTO Board to approve a market offering process for 72 Amroth Avenue following approval of a business case from the Chief Executive Officer, CreateTO, and direct the Chief Executive Officer, CreateTO to administer the market offering process utilizing its pre-qualified Broker roster to expedite marketing. 6. City Council direct that the City-owned property at 72 Amroth Avenue be de-designated as a municipal parking facility and cease to be managed by the Toronto Parking Authority and the City of Toronto Municipal Code Chapter 950, Traffic and Parking, Schedule XXXIV: Municipal Parking Facilities be amended to reflect such de-designation. 7. City Council authorize the City Solicitor to introduce the necessary Bills and make any necessary minor modifications, technical amendments, or by-law amendments as may be identified by them, or by the Executive Director, Corporate Real Estate Management, in order to give effect to Recommendation 6 above. 8. City Council request the Executive Director, Environment and Climate, and the General Manager, Transportation Services, in consultation with the Chief Executive Officer, CreateTO and the President, Toronto Parking Authority, to explore the feasibility of electrifying the existing Bikeshare station on Amroth Avenue and integrating it with a new on-street EV charging station. 9. City Council authorize the public release of Confidential Attachment 1 to this report following the closing of the transactions contemplated in Confidential Attachment 1.
EX6.15adopted
Build Toronto Inc. (Build Toronto) 2022 Annual General Meeting and Audited Financial Statements
City Council authorized the establishment of Build Toronto in 2008 pursuant to section 148 of the City of Toronto Act, 2006, and Ontario Regulation 609/06. Build Toronto was incorporated under the Business Corporations Act (Ontario) (OBCA) on November 13, 2008. The City is the sole shareholder. Subsection 94(1) requires that the Board of Directors of Build Toronto call an annual meeting of its Shareholder by no later than fifteen months after holding the last preceding annual meeting. The last annual meeting was held by City Council on July 19, 2022. Subsection 154(1) of the OBCA requires that the Shareholder receive the Build Toronto Statements and the Auditor's Report at the annual meeting of the Shareholder. Section 149(2) of the OBCA requires that the Build Toronto Shareholder at each annual meeting appoint one or more auditors to hold office until the close of the next annual meeting and allows the Shareholder to authorize the Auditor's fee for the service. Section 6.8 of the Shareholder Direction to Build Toronto requires Build Toronto to provide an annual update to City Council, in addition to the requirement of the OBCA to hold an annual general meeting.
The Executive Committee recommends that: 1. City Council treat that portion of the City Council meeting at which to the letter (June 26, 2023) from the Executive Vice President and Chief Financial Officer, Build Toronto, is considered as the Annual General Meeting of the Shareholder for Build Toronto by: a. receiving the 2022 Annual Report for Build Toronto Inc. in Attachment 1 to the letter (June 26, 2023) from the Executive Vice President and Chief Financial Officer, Build Toronto; b. receiving the CreateTO's 2022 Highlights Report in Attachment 2 to the letter (June 26, 2023) from the Executive Vice President and Chief Financial Officer, Build Toronto; and c. receiving the Board-approved 2022 Audited Financial Statements for Build Toronto Inc. in Attachment 3 to the letter (June 26, 2023) from the Executive Vice President and Chief Financial Officer, Build Toronto. 2. City Council appoint KPMG LLP as the Auditor of Build Toronto Inc. for fiscal year 2023. 3. City Council direct the City Clerk to forward a copy of the "Build Toronto 2022 Audited Financial Statements" forming Attachment 3 to the letter (June 26, 2023) from the Executive Vice President and Chief Financial Officer, Build Toronto, to the Audit Committee for information.
Staff recommendation as filed
The Build Toronto Inc. (Build Toronto) Board recommends that City Council: 1. Treat that portion of the City Council meeting at which this report is considered as the Annual General Meeting of the Shareholder for Build Toronto: a. receive the 2022 Annual Report for Build Toronto Inc.; b. receive the CreateTO's 2022 Highlights Report; and c. receive the Board-approved 2022 Audited Financial Statements for Build Toronto Inc. 2. Appoint KPMG LLP as the Auditor of Build Toronto Inc. for fiscal year 2023. 3. Direct the City Clerk to forward a copy of the Board-approved 2022 Audited Financial Statements for Build Toronto Inc. to the Audit Committee for information.
EX6.16adopted
Casa Loma Corporation 2022 Annual General Meeting and Audited Financial Statements
At its meeting of May 17, 2023, the Board of the Casa Loma Corporation, considered the report from the Chief Executive Officer, forming Attachment 3 of this letter. The Board approved recommendations in the report, as shown above.
The Executive Committee recommends that: 1. City Council treat that portion of the City Council meeting at which the letter (June 23, 2023) from the Chief Executive Officer, Casa Loma Corporation is considered as the Annual General Meeting of the Shareholder for Casa Loma Corporation by: a. receiving the "Casa Loma Corporation 2022 Annual Report" and the "Casa Loma Corporation 2022 Audited Financial Statements" forming Attachments 1 and 2 to the letter (June 23, 2023) from the Chief Executive Officer, Casa Loma Corporation, respectively; and b. appointing Welch LLP as the Auditor of Casa Loma Corporation for fiscal year 2023 and authorizing the Board of Directors of Casa Loma Corporation to fix the remuneration of the Auditor. 2. City Council forward a copy of the "Casa Loma Corporation 2022 Audited Financial Statements" forming Attachment 2 to the letter (June 23, 2023) from the Chief Executive Officer, Casa Loma Corporation to the Audit Committee for information.
Staff recommendation as filed
The Board of Directors of the Casa Loma Corporation recommends: 1. That City Council treat that portion of the City Council meeting at which this item is considered as the Annual General Meeting of the Shareholder for Casa Loma Corporation, and: a. receives the "Casa Loma Corporation 2022 Annual Report", and the "Casa Loma Corporation 2022 Audited Financial Statements", forming Attachments 1 and 2 to this letter, respectively; and b. appoints Welch LLP as the Auditor of Casa Loma Corporation for fiscal year 2023, and authorizing the Board of Directors of Casa Loma Corporation to fix the remuneration of the Auditor. 2. That City Council forward a copy of the "Casa Loma Corporation 2022 Audited Financial Statements", forming Attachment 2 to this letter, to the Audit Committee for information.
EX6.17adopted
Lakeshore Arena Corporation 2022 Annual General Meeting and Audited Financial Statements
At its meeting of June 23, 2023, the Board of the Lakeshore Arena Corporation (LAC, operating as the Ford Performance Centre), considered the report from the Executive Director of LAC, forming Attachment 4 of this letter. The Board approved recommendations in the report, as shown above.
The Executive Committee recommends that: 1. City Council treat that portion of the City Council meeting at which the letter (June 26, 2023) from the Executive Director, Lakeshore Arena Corporation is considered as the Annual General Meeting of the Shareholder for Lakeshore Arena Corporation by: a. receiving Board-approved the "Lakeshore Arena Corporation 2022 Annual Report" and the "Lakeshore Arena Corporation 2022 Audited Financial Statements" forming Attachments 1 and 2 to the letter (June 26, 2023) from the Executive Director, Lakeshore Arena Corporation, respectively; b. appointing Welch LLP as the Auditor of Lakeshore Arena Corporation for fiscal year 2023, and authorizing the Board of Directors of Lakeshore Arena Corporation to fix the remuneration of the Auditor; and c. receiving the "Lakeshore Arena Corporation Executive Compensation Disclosure 2022" forming Attachment 3 to the letter (June 26, 2023) from the Executive Director, Lakeshore Arena Corporation. 2. City Council forward a copy of the "Lakeshore Arena Corporation 2022 Audited Financial Statements" forming Attachment 2 to the letter (June 26, 2023) from the Executive Director, Lakeshore Arena Corporation to the Audit Committee for information.
Staff recommendation as filed
The Board of Directors of the Lakeshore Arena Corporation recommends: 1. That City Council treat that portion of the City Council meeting at which this item is considered as the Annual General Meeting of the Shareholder for Lakeshore Arena Corporation, and: a. receive Board-approved the "Lakeshore Arena Corporation 2022 Annual Report", and the "Lakeshore Arena Corporation 2022 Audited Financial Statements", forming Attachments 1 and 2 to this letter, respectively; b. appoint Welch LLP as the Auditor of Lakeshore Arena Corporation for fiscal year 2023, and authorize the Board of Directors of Lakeshore Arena Corporation to fix the remuneration of the Auditor; and, c. receive the "Lakeshore Arena Corporation Executive Compensation Disclosure 2022", forming Attachment 3 to this letter; 2. That City Council forward a copy of the "Lakeshore Arena Corporation 2022 Audited Financial Statements", forming Attachment 2 to this letter, to the Audit Committee for information.
EX6.18adopted
This report transmits materials submitted by the Board of Directors of Toronto Community Housing Corporation (TCHC) to the City. Management of TCHC confirms that all financial information was made available to the auditors for the performance of the audit. This report recommends the actions necessary to comply with the requirements of the Business Corporations Act, for holding the Annual General Meeting of the Shareholder of TCHC, including receipt of its Annual Report and Audited Consolidated Financial Statements (Statements) for 2022 and appointment of the auditor for 2023. TCHC's 2022 Statements were audited by KPMG LLP and received an unqualified opinion stating that the financial statements present fairly, in all material respects, the financial position of the TCHC as at December 31, 2022, and its results of operations for the year then ended in accordance with Canadian public sector accounting standards. The report also provides information on subsidiaries and joint ventures, individual compensation of executive officers, and additional items as directed by the Shareholder.
The Executive Committee recommends that: 1. City Council treat that portion of the City Council meeting at which the letter (June 26, 2023) from the President and Chief Executive Officer, Toronto Community Housing Corporation and the Chair, Board of Directors of Toronto Community Housing Corporation, is considered as the Annual General Meeting of the Shareholder for Toronto Community Housing Corporation by: a. receiving the Letter to the Shareholder from the Toronto Community Housing Corporation's Chair of the Board of Directors and the President and Chief Executive Officer, dated April 30, 2023, transmitting the "Toronto Community Housing Corporation 2022 Annual Report: Opening Doors for the Future - Celebrating 20 years" and "Additional Information" (including Executive Compensation Disclosure), forming Attachment 1 to the letter (June 26, 2023) from the President and Chief Executive Officer, Toronto Community Housing Corporation and the Chair, Board of Directors of Toronto Community Housing Corporation; b. receiving the "Toronto Community Housing Corporation 2022 Audited Consolidated Financial Statements", forming Attachment 2 to the letter (June 26, 2023) from the President and Chief Executive Officer, Toronto Community Housing Corporation and the Chair, Board of Directors of Toronto Community Housing Corporation; c. appointing KPMG LLP as the Auditor of Toronto Community Housing Corporation for fiscal year 2023, and authorizing the Board of Directors of Toronto Community Housing Corporation to set the fee of the Auditor; and d. receiving the Toronto Community Housing Corporation's executive compensation disclosure included in "Additional Information" of Attachment 1 to the letter (June 26, 2023) from the President and Chief Executive Officer, Toronto Community Housing Corporation and the Chair, Board of Directors of Toronto Community Housing Corporation. 2. City Council direct the City Clerk to forward a copy of the "Toronto Community Housing Corporation 2022 Audited Consolidated Financial Statements" forming Attachment 2 to the letter (June 26, 2023) from the President and Chief Executive Officer, Toronto Community Housing Corporation and the Chair, Board of Directors of Toronto Community Housing Corporation, to the Audit Committee for information.
Staff recommendation as filed
The President and Chief Executive Officer and Chair of the Board of Directors of Toronto Community Housing Corporation recommend that: 1. City Council treat that portion of the City Council meeting at which this Report is considered as the Annual General Meeting of the Shareholder for Toronto Community Housing Corporation by: a. receiving the Letter to the Shareholder from the Toronto Community Housing Corporation's Chair of the Board of Directors and President and Chief Executive Officer dated April 30, 2023 transmitting the "Toronto Community Housing Corporation 2022 Annual Report: Opening Doors for the Future - Celebrating 20 years" and "Additional Information" (including Executive Compensation Disclosure), forming Attachment 1 to this Report; b. receiving the "Toronto Community Housing Corporation 2022 Audited Consolidated Financial Statements", forming Attachment 2 to this Report; c. appointing KPMG LLP as the Auditor of Toronto Community Housing Corporation for fiscal year 2023, and authorizing the Board of Directors of Toronto Community Housing Corporation to set the fee of the Auditor; and d. receiving the Toronto Community Housing Corporation's executive compensation disclosure included in "Additional Information" of Attachment 1 to this Report. 2. City Council direct the City Clerk to forward a copy of the "Toronto Community Housing Corporation 2022 Audited Consolidated Financial Statements", forming Attachment 2 to this Report, to the Audit Committee for information.
EX6.19amended
Toronto Hydro Corporation Annual General Meeting and 2022 Audited Financial Statements
The City of Toronto is the sole shareholder of THC. THC is a holding company which wholly- owns two subsidiaries: 1. Toronto Hydro-Electric System Limited, which distributes electricity; and 2. Toronto Hydro Energy Services Inc., which provides street lighting and expressway lighting services in the City. Toronto Hydro Corporation (THC) pays the City dividends, calculated based on 60% of the prior year's net income after net movements in regulatory balances, in accordance with the City of Toronto's Amended and Restated Shareholder Direction Relating to Toronto Hydro Corporation (the "Shareholder Direction") to Toronto Hydro Corporation (THC), subject to legal requirements. Toronto Hydro Corporation (THC) paid the City $84.6 million in dividends in 2022, along with a first quarter dividend of $24.6 million for 2023. Additional information in respect of 2022 fiscal year operations can be found in Toronto Hydro Corporation's (THC's) 2022 Annual Report, including a summary of highlights, customer service level achievements and information in respect of the delivery of Toronto Hydro Corporation's (THC's) capital program.
The Executive Committee recommends that: 1. City Council treat the portion of the City Council meeting at which this report is being considered as the Annual General Meeting of the Shareholder for Toronto Hydro Corporation. 2. City Council approve and adopt the shareholder resolution attached as Attachment 2 to the letter (June 26, 2023) from the Board of Directors of Toronto Hydro Corporation in order to re-appoint the auditor of Toronto Hydro Corporation to hold office until the close of the next annual meeting of the shareholder and to authorize the Directors of the Toronto Hydro Corporation to fix the auditor's remuneration. 3. City Council approve and adopt the shareholder resolution attached as Attachment 3 to the letter (June 26, 2023) from the Board of Directors of Toronto Hydro Corporation to approve the amended Toronto Hydro Corporation By-Law 1.1. 3. City Council receive the following documents for information: a. Attachment 1a - Toronto Hydro Corporation 2022 Annual Report; b. Attachment 1b - Toronto Hydro Corporation 2022 Climate Action Status Report; c. Attachment 4 - Toronto Hydro Corporation 2022 Annual Financial Report for the Year Ended December 31, 2022 including Toronto Hydro Corporation's audited consolidated financial statements for 2021 and the auditor's report related thereto; d. Attachment 5 - Toronto Hydro Corporation Annual Information Form for the Year Ended December 31, 2022; e. Attachment 6 - Toronto Hydro Corporation 2022 Environmental Performance Report; f. Attachment 7 - Toronto Hydro 2022 Environment, Social and Governance Report; g. Attachment 8 - Toronto Hydro Corporation Chief Executive Officer and Chief Financial Officer Certification of Annual Filings; h. Confidential Attachment 9a - Executive Compensation Disclosure of Toronto Hydro Corporation for 2022 (Part 1, NEO's); i. Confidential Attachment 9b - Executive Compensation Disclosure of Toronto Hydro Corporation for 2022 (Part 2, All); j. revised Confidential Attachment 10 - Toronto Hydro Corporation Report to the Shareholder for the Year Ended December 31, 2022 and Toronto Hydro Corporation Non-Consolidated Financial Statements dated December 31, 2022; k. Confidential Attachment 11 - Financial Statements of Toronto Hydro-Electric System Limited for the Years Ended December 31, 2022 and December 31, 2021; l. Confidential Attachment 12 - Financial Statements of Toronto Hydro Energy Services Inc. for the Years Ended December 31, 2022 and December 31, 2021; m. Attachment 13 - Toronto Hydro Corporation's First Quarter Report for the Quarter Ended March 31, 2023 including Toronto Hydro Corporation's unaudited consolidated financial statements for the first quarter of 2023; and n. Attachments 14a and 14b - Statement of Remuneration and Expenses for Council Appointees for the Year Ended December 31, 2022. 4. City Council direct that Confidential Attachments 9a and 9b to the letter (June 26, 2023) from the Board of Directors of Toronto Hydro Corporation remain confidential in their entirety as they deal with personal information about identifiable individuals. 5. City Council direct that Confidential Attachments 10, 11 and 12 to the letter (June 26, 2023) from the Board of Directors of Toronto Hydro Corporation remain confidential in their entirety due to the security of the property of the City and securities requirements arising from Toronto Hydro Corporation's status as an offering corporation under the Business Corporations Act, (Ontario) R.S.O. 1990, c.B.16, Toronto Hydro Corporation's status as a reporting issuer under the Securities Act, (Ontario) R.S.O. 1990, c.S.5, and the application by the Ontario Securities Commission of National Instrument 51-102. 6. City Council authorize and direct appropriate City officials to take the necessary action to give effect to Council's decision.
Staff recommendation as filed
It is recommended that City Council, as the sole shareholder of Toronto Hydro Corporation ("THC"): 1. Treat the portion of the City Council meeting at which this report is being considered as the Annual General Meeting of the Shareholder for Toronto Hydro Corporation. 2. Approve and adopt the shareholder resolution attached in Attachment 2 to this report to re- appoint the auditor of THC to hold office until the close of the next annual meeting of the shareholder and to authorize the directors of THC to fix the auditor's remuneration. 3. Approve and adopt the shareholder resolution attached in Attachment 3 to this report to approve the amended THC By-Law 1.1. 3. Receive for its information, the following documents: a. Attachment 1a - Toronto Hydro Corporation 2022 Annual Report b. Attachment 1b - Toronto Hydro Corporation 2022 Climate Action Status Report c. Attachment 2 - Resolution of the Sole Shareholder - City of Toronto, Re-appointing Auditor; d. Attachment 3 - Resolution of the Sole Shareholder - City of Toronto, approval of the amended Toronto Hydro Corporation By-Law 1.1; e. Attachment 4 - Toronto Hydro Corporation 2022 Annual Financial Report for the Year Ended December 31, 2022 including Toronto Hydro Corporation's audited consolidated financial statements for 2021 and the auditor's report related thereto; f. Attachment 5 - Toronto Hydro Corporation Annual Information Form for the Year Ended December 31, 2022; g. Attachment 6 - Toronto Hydro Corporation 2022 Environmental Performance Report; h. Attachment 7 - Toronto Hydro 2022 ESG Report i. Attachment 8 - Toronto Hydro Corporation Chief Executive Officer and Chief Financial Officer Certification of Annual Filings; j. Confidential Attachment 9a - Executive Compensation Disclosure of Toronto Hydro Corporation for 2022 (Part 1, NEO's); k. Confidential Attachment 9b - Executive Compensation Disclosure of Toronto Hydro Corporation for 2022 (Part 2, All); l. Confidential Attachment 10 - Toronto Hydro Corporation Report to the Shareholder for the Year Ended December 31, 2022 and Toronto Hydro Corporation Non-Consolidated Financial Statements dated December 31, 2022; m. Confidential Attachment 11 - Financial Statements of Toronto Hydro-Electric System Limited for the Years Ended December 31, 2022 and December 31, 2021; n. Confidential Attachment 12 - Financial Statements of Toronto Hydro Energy Services Inc. for the Years Ended December 31, 2022 and December 31, 2021; o. Attachment 13 - Toronto Hydro Corporation's First Quarter Report for the Quarter Ended March 31, 2023 including Toronto Hydro Corporation's unaudited consolidated financial statements for the first quarter of 2023; and p. Attachment 14 - Statement of Remuneration and Expenses for Council Appointees for the Year Ended December 31, 2022. 4. Authorize and direct appropriate City officials to take the necessary action to give effect to the above.
EX6.20adopted
Toronto Pan Am Sports Centre Annual General Meeting and 2022 Audited Financial Statements
The Toronto Pan Am Sports Centre (TPASC) 2022 Overview (Attachment 1) provides a brief history of the organization, 2022 operating highlights, an overview of annual general meeting requirements, Board actions related to appointment of the 2023 auditor, 2022 financial statement summary, results of the financial statement audit, 2022 operating financial results, background on the 2023 budget, the future outlook of the organization and a description of the Board composition.
The Executive Committee recommends that: 1. City Council in its capacity as one of the Shareholders of Toronto Pan Am Sports Centre Inc. that it adopt and authorize the City Manager to sign the Resolutions of the Shareholders attached as Attachments 2 and 3 to the letter (June 26, 2023) from the Secretary, Board of Directors, Toronto Pan Am Sports Centre Inc. on behalf of the City that resolve: a. Financial Statements 1. The audited financial statements of the Corporation for the financial year ended December 31, 2022 are received. b. Appointment of Auditors 1. Welch LLP are reappointed as the auditors of the Corporation until the close of the next annual meeting of the shareholders or until their successors are duly appointed. 2. The remuneration of the auditors will be fixed by the directors who are hereby authorized to fix that remuneration. c. Confirmation of Proceedings 1. All by-laws, contracts, acts, proceedings, appointments, elections and payments of any director or officer of the Corporation that were enacted, made, done, or taken since the last annual meeting of the shareholders of the Corporation are approved, ratified, sanctioned and confirmed. d. Approval of Budgets 1. The Budget be and is hereby ratified and approved. 2. Any two directors or officers of the Corporation, be and they are hereby authorized and directed, for and in the name of and on behalf of the Corporation, to do all such acts and things and to execute under the corporate seal of the Corporation or otherwise, and to deliver all agreements, certificates and documents as they may consider necessary or advisable to carry out the provisions of the resolutions passed by the shareholders of the Corporation herein.
Staff recommendation as filed
The Toronto Pan Am Sports Centre Board of Directors at their meetings on September 30, 2022, December 5, 2022, and March 27, 2023, recommended to City Council in its capacity as one of the Shareholders of Toronto Pan Am Sports Centre Inc. that it adopt and authorize the City Manager to sign the Resolutions of the Shareholders attached as Attachment 2 and Attachment 3 to this letter on behalf of the City that resolve: a. Financial Statements 1. The audited financial statements of the Corporation for the financial year ended December 31, 2022 are received. b. Appointment of Auditors 1. Welch LLP are reappointed as the auditors of the Corporation until the close of the next annual meeting of the shareholders or until their successors are duly appointed. 2. The remuneration of the auditors will be fixed by the directors who are hereby authorized to fix that remuneration. c. Confirmation of Proceedings 1. All by-laws, contracts, acts, proceedings, appointments, elections, and payments of any director or officer of the Corporation that were enacted, made, done, or taken since the last annual meeting of the shareholders of the Corporation are approved, ratified, sanctioned, and confirmed. d. Approval of Budgets 1. The Budget be and is hereby ratified and approved. 2. Any two directors or officers of the Corporation, be and they are hereby authorized and directed, for and in the name of and on behalf of the Corporation, to do all such acts and things and to execute under the corporate seal of the Corporation or otherwise, and to deliver all agreements, certificates and documents as they may consider necessary or advisable to carry out the provisions of the resolutions passed by the shareholders of the Corporation herein.
EX6.21adopted
Toronto Port Lands Company Annual General Meeting and 2022 Audited Financial Statements
The City of Toronto Economic Development Corporation (TEDCO) was incorporated in 1986 under the Business Corporations Act (Ontario) (OBCA), and has operated with a revised mandate under the business name Toronto Port Lands Company (TPLC) since 2009. The City is the sole shareholder. Subsection 94(1) of the OBCA requires that the directors of the TPLC call an annual meeting of its Shareholders not later than fifteen months after holding the last preceding annual meeting. The last annual meeting was held by City Council on July 19, 2022. Subsection 154(1) of the OBCA requires that the Shareholder receive the TPLC Statements and the Auditor's Report at the annual meeting of the Shareholder. Section 149(2) of the OBCA requires that the TPLC Shareholder at each annual meeting appoint one or more auditors to hold office until the close of the next annual meeting, and allows the Shareholder to authorize the Auditor's fee for the service. Section 6.8 of the Shareholder Direction requires TPLC to provide an annual update to City Council.
The Executive Committee recommends that: 1. City Council treat that portion of the City Council meeting at which the letter (June 26, 2023) from the Executive Vice President and Chief Financial Officer, Build Toronto is considered as the Annual General Meeting of the Shareholder for Toronto Port Lands Company by: a. receiving the 2022 Annual Report for Toronto Port Lands Company in Attachment 1 to the letter (June 26, 2023) from the Executive Vice President and Chief Financial Officer, Build Toronto; b. receiving the CreateTO's 2022 Highlights Report in Attachment 2 to the letter (June 26, 2023) from the Executive Vice President and Chief Financial Officer, Build Toronto; and c. receive the Board-approved 2022 Audited Financial Statements for Toronto Port Lands Company in Attachment 3 to the letter (June 26, 2023) from the Executive Vice President and Chief Financial Officer, Build Toronto. 2. City Council appoint KPMG LLP as the Auditor of Toronto Port Lands Company for fiscal year 2023. 3. City Council direct the City Clerk to forward a copy of the Board-approved 2022 Audited Financial Statements for Toronto Port Lands Company forming Attachment 3 to the letter (June 26, 2023) from the Executive Vice President and Chief Financial Officer, Build Toronto to the Audit Committee for information.
Staff recommendation as filed
The Toronto Port Lands Company (TPLC) Board recommends that City Council: 1. Treat that portion of the City Council meeting at which this report is considered as the Annual General Meeting of the Shareholder for Toronto Port Lands Company: a. receive the 2022 Annual Report for Toronto Port Lands Company; b. receive the CreateTO's 2022 Highlights Report; and c. receive the Board-approved 2022 Audited Financial Statements for Toronto Port Lands Company 2. Appoint KPMG LLP as the Auditor of Toronto Port Lands Company for fiscal year 2023. 3. Direct the City Clerk to forward a copy of the Board-approved 2022 Audited Financial Statements for Toronto Port Lands Company to the Audit Committee for information.
EX6.22adopted
Toronto Seniors Housing Corporation Annual General Meeting and 2022 Audited Financial Statements
The materials from the adopted recommendations are attached to this transmittal letter for consideration by City Council. As part of the package, the 2022 Annual Report provides information about Toronto Seniors Housing performance and summarizes progress made on key initiatives that the organization undertook during transition in 2022 and since transition occurred on June 1, 2022. The Annual Report also provides information for different stakeholders including tenants, staff, partners and the City of Toronto. Although Toronto Seniors Housing Corporation saw substantial accomplishments in 2022, there is much work to do, and we will continue to focus our work to provide safe, diverse and vibrant communities where tenants have a sense of inclusion and well-being.
The Executive Committee recommends that: 1. City Council treat the portion of the City Council meeting at which the letter (June 21, 2023) from the Chief Executive Officer, Toronto Seniors Housing Corporation is considered as the Annual General Meeting of the Shareholder for Toronto Seniors Housing Corporation by: a. receiving the Board-approved "Toronto Seniors Housing Corporation 2022 Annual Report" (BD-April 27-Item 12(a)), forming Attachment 2 to the letter (June 21, 2023) from the Chief Executive Officer, Toronto Seniors Housing Corporation; b. receiving the Board-approved "Toronto Seniors Housing Corporation 2022 Audited Financial Statements" (BD-April 27-Item #9(a)) forming Attachment 3 to the letter (June 21, 2023) from the Chief Executive Officer, Toronto Seniors Housing Corporation; c. appointing KPMG LLP as the Auditor of Toronto Seniors Housing Corporation for fiscal year 2023, and authorizing the Board of Directors of Toronto Seniors Housing Corporation to set the fee of the Auditor as recommended by the Board (BD-April 27-Item #9(b)); and d. receiving the Toronto Seniors Housing Corporation's 2022 executive compensation disclosure forming Attachment 1 to the letter (June 21, 2023) from the Chief Executive Officer, Toronto Seniors Housing Corporation. 2. City Council forward a copy of the Board-approved "Toronto Seniors Housing Corporation 2022 Audited Financial Statements" forming Attachment 3 to the letter (June 21, 2023) from the Chief Executive Officer, Toronto Seniors Housing Corporation to the Audit Committee for information. 3. City Council receive the Financial Impact section regarding known and anticipated financial outlooks and impacts (current and future years) for Toronto Seniors Housing Corporation forming Attachment 2 to the letter (June 21, 2023) from the Chief Executive Officer, Toronto Seniors Housing Corporation.
Staff recommendation as filed
The Toronto Seniors Housing Corporation Board recommends that: 1. City Council treat the portion of the City Council meeting at which these recommendations are considered as the Annual General Meeting of the Shareholder for Toronto Seniors Housing Corporation and: a. receive the Board-approved "Toronto Seniors Housing Corporation 2022 Annual Report" (BD-April 27-Item 12(a)); b. receive the Board-approved "Toronto Seniors Housing Corporation 2022 Audited Financial Statements" (BD-April 27-Item #9(a)); c. appoint KPMG LLP as the Auditor of Toronto Seniors Housing Corporation for fiscal year 2023, and authorizing the Board of Directors of Toronto Seniors Housing Corporation to set the fee of the Auditor; as recommended by the Board (BD-April 27-Item #9(b)); d. receive the Toronto Seniors Housing Corporation's 2022 executive compensation disclosure forming Attachment 1 to this Report; 2. City Council forward a copy of the Board-approved "Toronto Seniors Housing Corporation 2022 Audited Financial Statements" to City Council's Audit Committee for information. 3. City Council receive the Financial Impact section regarding known and anticipated financial outlooks and impacts (current and future years) for Toronto Seniors Housing Corporation, forming Attachment 2 to this Report.
EX6.23amended
City Council on June 14 and 15, 2023, referred Motion MM7.17 to the Executive Committee. Many Toronto residents are protesting being forced to view graphic anti-abortion images, in their homes, and in public spaces, without their consent. Activists have been putting open flyers with such images into residents' mail boxes in communities across Canada. These flyers cause significant harm and distress, especially to young children and to people who have had miscarriages or abortions. Being forced to view these flyers in their homes violates their rights to privacy and to conscience. To protect residents from these harms, while protecting freedom of expression, municipalities such as London, Ontario, and Calgary have adopted by-laws requiring that graphic flyers showing fetuses be enclosed in envelopes with a warning and identifying information. St. Catharines' Council has instructed staff to prepare such a by-law. London, Ontario was the first city in Canada to adopt such a by-law, and it has successfully reduced the number of abusive graphic flyers. Toronto has authority to pass a similar by-law here. The City should also regulate graphic, disturbing images in public spaces and the public right of way. Such regulation is a longstanding request of City Council. There have been at least three separate Motions requesting that Municipal Licensing and Standards develop such regulations, but no such action has been taken: December 5, 2017: MM35.10 Distribution and Display of Graphic Images July 23, 2018: MM44.35 Use of the Public Right of Way for Display of Graphic Images June 15, 2022: MM45.22 Prohibition and Regulation of Graphic Imagery Distributed to Private Residences and Displayed in the Public Realm This problem continues to recur, most recently outside of a number of high schools where students were subjected to graphic imagery that spread false or misleading information about reproductive health.
The Executive Committee recommends that: 1. City Council direct the Executive Director, Municipal Licensing and Standards, in consultation with the City Solicitor, to report to the April 2024 meeting of the Economic and Community Development Committee with a report on regulating the unsolicited delivery of graphic images to residences, so that recipients have a choice whether they wish to view such image, similar to the London Ontario Disturbing Images by-law that requires that any graphic image or photograph purporting to show a fetus, if delivered to a residence: a. be fully concealed within a sealed envelope or package, marked with: i. the name and address of the person responsible for delivery of the graphic image; and ii. a warning that the envelope or package "contains a graphic image that may be offensive or disturbing to some people". 2. City Council direct the Executive Director, Municipal Licensing and Standards, in consultation with the City Solicitor and the General Manager, Transportation Services, to consider the feasibility of prohibiting advocacy signs that display graphic or disturbing images, as directed by City Council in Item 2023.EC4.6, as part of the report to the Economic and Community Development Committee in April 2024.
Staff recommendation as filed
Councillor Dianne Saxe, seconded by Councillor Paula Fletcher, recommends that: 1. City Council direct the City Manager, in consultation with the City Solicitor, to report to the October 11, 12 and 13, 2023 meeting of City Council with a draft by-law regulating the unsolicited delivery of graphic images to residences, so that recipients have a choice whether they wish to view such images; such by-law to be modelled on the London Disturbing Images by-law and should require that any graphic image or photograph purporting to show a fetus, if delivered to a residence: a. be fully concealed within a sealed envelope or package, marked with: i. the name and address of the person responsible for delivery of the graphic image; and ii. a warning that the envelope or package "contains a graphic image that may be offensive or disturbing to some people". 2. City Council direct the Executive Director, Municipal Licensing and Standards to report to the Executive Committee by the end of 2023, proposing how to govern the display of graphic disturbing images in the public right of way.
EX6.24adopted
Request for Presentation from the Toronto Transit Commission on Changes to Wheel-Trans Service
At its meeting on June 12, 2023, the Toronto Accessibility Advisory Committee considered item DI1.1 and made a recommendation to Council.
The Executive Committee recommends that: 1. City Council request the Toronto Transit Commission Board to request the Chief Executive Officer, Toronto Transit Commission to arrange a presentation to the September 5, 2023 meeting of the Toronto Accessibility Advisory Committee on the service planning changes that are being made to the TTC's Wheel-Trans Service, including: a. the rationale for the change(s); b. what equity analysis was conducted to inform the anticipated impacts of the change(s); c. how people with disabilities were consulted in the proposed change(s); d. the status of the re-registration process and how known or anticipated barriers to re-registration will be addressed; and e. a comparison of projected financial costs of operating the Wheel-Trans under Family of Services and the previous Wheel-Trans service model.
Staff recommendation as filed
The Toronto Accessibility Advisory Committee recommends that City Council: 1. Request the Toronto Transit Commission Board to request the Chief Executive Officer, Toronto Transit Commission to arrange a presentation to the September 5, 2023 Toronto Accessibility Advisory Committee meeting on the service planning changes that are being made to the TTC's Wheel-Trans Service, including: - the rationale for the change(s); - what equity analysis was conducted to inform the anticipated impacts of the change(s); - how people with disabilities were consulted in the proposed change(s); - the status of the re-registration process and how known or anticipated barriers to re-registration will be addressed; and - a comparison of projected financial costs of operating the Wheel-Trans under Family of Services and the previous Wheel-Trans service model.
EX6.25amended
The purpose of this report is to request authority to enter into a non-competitive contract with Gensler Architecture & Design Canada Inc. ("Gensler") for architectural services for the FIFA World Cup 2026 Toronto (FWC26 Toronto) capital project at BMO Field in the amount of $4,168,561.70 excluding taxes ($4,241,928.39 net of HST recoveries). A non-competitive contract is necessary to immediately proceed with the capital project at BMO Field in order to meet the specific FWC26 Toronto event timelines as set by FIFA. To ensure efficiencies, staff are seeking authorization to award and enter into a non-competitive contract with Gensler for the FWC26 Toronto capital project at BMO Field. On June 16, 2022, the City of Toronto was announced as an official Host City for the FIFA World Cup 2026 Toronto (FWC26 Toronto). The FIFA World Cup generates significant economic, cultural and community benefits for host cities and countries and increases host cities' profile on the world stage. The significant economic impact anticipated from the event will help sustain Toronto's long-term recovery from the COVID-19 pandemic, especially in the hard-hit tourism, hospitality and entertainment sectors. In July 2022 (EX34.8), City Council authorized the Deputy City Manager, Community and Social Services to negotiate and enter into an agreement with Maple Leaf Sports and Entertainment (MLSE) for activities in support of Toronto's hosting of the FWC26 Toronto, and any amendments and extensions as required, including but not limited to management of temporary and permanent upgrades at BMO Field. The report highlighted benefits of the partnership including MLSE's past and present management of BMO Field, successful management of previous capital construction at the stadium, and expertise as a leader in sport and entertainment. Pursuant to the authority granted by Council, the City and MLSE finalized a Letter of Intent (LOI) in February 2023 that is binding on the parties and sets out a framework for terms of service arrangements specific to FWC26 Toronto hosting. City Council approval is required in accordance with Municipal Code Chapter 195- Purchasing, where the current request exceeds the Chief Purchasing Officer's authority of the cumulative five-year commitment for each supplier, under Article 7, Section 195- 7.3 (D) of the Purchasing By-law or exceeds the threshold of $500,000 net of HST allowed under staff authority as per the Toronto Municipal Code, Chapter 71-Financial Control, Section 71-11A.
The Executive Committee recommends that: 1. City Council grant authority to the City Manager, the Chief Procurement Officer and the Executive Director, FIFA World Cup 2026 Toronto (FWC26 Toronto) Secretariat to negotiate and enter into a non-competitive contract with Gensler Architecture and Design Canada Inc. for architectural services needed for the permanent and temporary upgrades at BMO Field for the FIFA World Cup 2026 Toronto (FWC26 Toronto) in the amount of $4,168,561.70 excluding taxes ($4,241,928.39 net of HST recoveries), on terms and conditions satisfactory to the City Manager and the Executive Director, FIFA World Cup 2026 Toronto (FWC26 Toronto) Secretariat, and in a form satisfactory to the City Solicitor. 2. City Council request the City Manager to report back to the October 11, 12 and 13, 2023 meeting of City Council on the Parts outlined in Item 2022.EX34.8, including: a. the costs for the project; b. the Community Benefits Plan; c. the anticipated economic and community benefits for the City, Provincial Government and Federal Government; and d. the status of intergovernmental negotiations.
Staff recommendation as filed
The City Manager, the Chief Procurement Officer and the Executive Director, FIFA World Cup 2026 Toronto Secretariat recommend that: 1. City Council grant authority to the City Manager, Chief Procurement Officer, and the Executive Director, FWC26 Toronto Secretariat to negotiate and enter into a non-competitive contract with Gensler Architecture & Design Canada Inc. for architectural services needed for the permanent and temporary upgrades at BMO Field for the FIFA World Cup 2026 Toronto (FWC26 Toronto) in the amount of $4,168,561.70 excluding taxes ($4,241,928.39 net of HST recoveries), on terms and conditions satisfactory to the City Manager and the Executive Director, FWC26 Toronto Secretariat, and in a form satisfactory to the City Solicitor.