CreateTO
The full agenda, as filed
All 4 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.
RA25.1adopted
Action Items and New Matters Referred by City Council
The report provides an update on action items arising out of prior meeting of the CreateTO Board of Directors. This report also provides summary information regarding matters that City Council has, since the prior meeting of the Board, directed CreateTO to become involved in.
The Board of Directors of CreateTO: 1. Received the report (September 27, 2021) from the Chief Legal Counsel and Corporate Secretary, CreateTO for information.
Staff recommendation as filed
The Chief Legal Counsel and Corporate Secretary, CreateTO recommends that: 1. The Board of Directors of CreateTO receive this report for information.
RA25.2adopted
The Vice President, Development, CreateTO will provide a verbal update on progress that has been made on the Housing Now Initiative since the previous Board meeting.
The Board of Directors of CreateTO: 1. Received the report (September 27, 2021) from the Vice President, Development, CreateTO for information.
Staff recommendation as filed
The Vice President, Development, CreateTO recommends that: 1. The Board of Directors of CreateTO receive this report for information.
RA25.3amended
Basin Street Media Hub - Update
The Basin Media Hub is a development proposal being advanced by CreateTO on behalf of Toronto Port Lands Company (TPLC), for a purpose-built and state-of-the-art film, television, and digital media complex in the Film Studio District of the Port Lands. This development will significantly contribute to ongoing growth of Toronto's screen-based industries and represent a major step forward in the revitalization of the Port Lands. At its meeting on October 12, 2021, the TPLC Board of Directors will be considering a term sheet (the "Term Sheet") which Management has negotiated with the preferred proponent. The purpose of this report is to advise the Board that, subject to the decision of the TPLC Board of Directors, the Chief Executive Officer will provide a further report to the October 12, 2021 CreateTO meeting with additional information, and a recommendation to City Council on the proposed term sheet.
The Board of Directors of CreateTO: 1. Recommended that: a. City Council approve the term sheet in substantially the form attached as Confidential Attachment 2 to the report (September 30, 2021) from the Executive Vice President, Strategic Development, CreateTO to the Toronto Port Lands Company Board of Directors. b. City Council authorize Toronto Port Lands Company to execute the term sheet in substantially the form attached as Confidential Attachment 2 to the report (September 30, 2021) from the Executive Vice President, Strategic Development, CreateTO to the Toronto Port Lands Company Board of Directors, and any lease resulting therefrom, provided that such lease is approved by or conditional upon approval by the CreateTO Board of Directors. c. City Council direct that Confidential Attachments 1 and 2 to the report (September 30, 2021) from the Executive Vice President, Strategic Development, CreateTO remain confidential in their entirety as they are about a pending disposition of land by the Board of Directors of Toronto Port Lands Company and about a position, plan or instruction to be applied to negotiations carried on or to be carried on by or on behalf of the Board of Directors of Toronto Port Lands Company. 2. Extended appreciation to the Chief Executive Officer, CreateTO, and the Executive Vice President, Strategic Development, CreateTO for their work on leading this project on the Basin Street Media Hub.
Staff recommendation as filed
The Chief Executive Officer, CreateTO recommends that: 1. The Board receive this report for information.
RA25.4received
Update on the Position of Chief Executive Officer, CreateTO
Further to the decisions of the Board of Directors of CreateTO at its meetings on October 9, 2020 [Item RA17.7] and on May 11, 2021 [Item RA22.4] regarding the position of Chief Executive Officer, the Chair will provide an update on the recruitment process for Chief Executive Officer, CreateTO.
The Board of Directors of CreateTO: 1. Received the item for information.