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.
RA8.1adopted
Third Quarter Financial Results
For the nine months ending September 30, 2023, CreateTO's gross expenditures are $1.35 million favourable compared to budget. Annual expenditures are expected to be $0.65 million favourable.
The Board of Directors of CreateTO: 1. Received the report (October 31, 2023) from the Chief Executive Officer, CreateTO for information.
Staff recommendation as filed
The Chief Executive Officer recommends that: 1. The Board of Directors of CreateTO receive this report for information.
RA8.2adopted
The Housing Now Initiative leverages City-owned land for the purpose of creating new mixed-use, mixed-income communities near transit. Housing Now is part of the City's HousingTO 2020-2030 Action Plan, Toronto's overall strategy to address a range of housing needs. Since Housing Now began in January 2019, the City has included 22 locations across Toronto. These properties are estimated to produce over 16,000 new homes with approximately one-third being affordable rental homes. A further six sites are part of the Initiatives pipeline for preliminary due diligence. Housing Now currently has development approvals for 10 properties. A ground-breaking ceremony was hosted for first project to hit the construction milestone at 5207 Dundas Street West in August 2023. This report provides the CreateTO Board of Directors with a broad status update on the progress made to-date on activating the 22 properties and future pipeline sites. The Housing Now Initiative is coordinated through a Steering Committee, representing the project partners comprising senior staff from the Housing Secretariat, City Planning and CreateTO.
The Board of Directors of CreateTO: 1. Received the report (October 31, 2023) from the Chief Executive Officer, CreateTO for information.
Staff recommendation as filed
The Chief Executive Officer recommends that: 1. The Board of Directors of CreateTO receive this report for information.
RA8.3adopted
Mount Dennis Campus Opportunity
The CreateTO Board and City Council directed the Chief Executive Officer, CreateTO to report back to the CreateTO Board in 2023 on the status of the viability of the three sites identified in the Mount Dennis area, pursuant to RA30.6 - Mount Dennis Campus Opportunity , referred by the CreateTO Board to City Council as GL30.16 - Mount Dennis Campus Opportunity . This report provides a further update on this review and confirms the addition of one site after a thorough review and the continued due diligence on the first three potential sites. A Memorandum of Understanding was executed between CreateTO and George Brown College to continue this due diligence work which speaks to the feasibility of a post-secondary campus and City-building opportunities in the Mount Dennis area, feeding into the George Brown College lead Campus Master Plan review.
The Board of Directors of CreateTO: 1. Directed that the confidential information contained in Confidential Attachment 1 to the report (October 31, 2023) from the Chief Executive Officer, CreateTO remain confidential in its entirety, as it is about a position, plan, procedure, criteria, or instruction to be applied to any negotiations carried on or to be carried on by or on behalf of the Board of Directors of CreateTO.
Staff recommendation as filed
The Chief Executive Officer of CreateTO recommends that: 1. The Board of Directors of CreateTO direct that the confidential information contained in Confidential Attachment 1 remain confidential in its entirety, as it is about a position, plan, procedure, criteria, or instruction to be applied to any negotiations carried on or to be carried on by or on behalf of the Board of Directors of CreateTO.
RA8.4received
2024 Schedule of CreateTO Meetings
In accordance with Board of Directors of CreateTO Procedure By-law, the Board determines the place in Toronto, day and hour of its regular meetings and the schedule of those meetings shall be publicly available by the first meeting of the Board in each calendar year. City Council on October 11 and 12, 2023, approved the 2024 schedule of meetings for City Council and its Committees. The schedule of meetings for the Board of Directors of CreateTO has been developed to avoid dates, whenever possible, that conflict with the approved City Council schedule; and to avoid days of cultural or religious significance. The following meetings of the Board of Directors of CreateTO have been scheduled for 2024: Thursday February 1, 2024 at 1:30 p.m. Friday March 8, 2024 at 1:30 p.m. Monday April 22, 2024 at 2:30 p.m. Wednesday June 19, 2024 at 1:30 p.m. Friday Sep. 27, 2024 at 2:30 p.m. Tuesday Oct. 29, 20 at 1:30 p.m. Thursday Nov. 28, 2024 at 1:30 p.m. All meetings are to be held by video conference.
The Board of Directors of CreateTO received the item for information.