Item - 2011.MM14.30

City Council on November 29, 30 and December 1, 2011, adopted the following:

1.         City Council support the application for Zoning By-law Amendment and Site Plan Approval for 9-21 Grenville Street generally in accordance with the revised plans dated November 16, 2011 and date stamped by the Chief Planner November 21, 2011, subject to the draft Zoning By-law amendment, appended to the September 15, 2011, Planning Report (Attachment 6) being amended to reflect the above plans and to reflect the following changes:

a.         the height of the proposed building be 50-storeys, with the  maximum number of dwelling units not to exceed 495, with no other revisions to the envelope of the building;

b.         a minimum of 126 parking spaces to be provided in a 5 level parking garage,  including a maximum of 89 residents parking spaces, a maximum of 8 car-share parking spaces, and a minimum of 29 commercial parking spaces to be located in a public commercial parking garage. Any parking spaces not purchased by an owner of a residential unit in the proposed building will be set aside as part of the commercial parking garage; and

c.         a Section 37 contribution in the total amount of $2,800,000, to be paid as follows:

i.           prior to issuance of the first above grade permit, a payment of $800,000 towards Yonge Street and local area street improvements; and

ii.         prior to the registration of the condominium corporation , and to be set out  as a condition of draft condominium approval, a further payment of $2,000,000, comprised of the following: $1,130,000 towards Yonge Street and local area streetscaping improvements ;  $500,000 towards the upgrade of St. Luke Lane ; $350,000 towards widening of sidewalks on Grenville Street and Wood Street ; and $20,000 towards LOFT Community Services for building improvements, or towards the works described above if such improvements are not feasible.  These payments will not be subject to indexing, and, in consideration of the total payment of $2,800,000, no public art contribution will be required.

2.         The Owner agrees to provide at least 42 dwelling units to be constructed in the building  that are  capable of being designed as three-bedroom dwelling units in compliance with the provisions of the Ontario Building Code, and these dwelling units will  be shown on any marketing plans as three-bedroom units and will  be marketed as potential three-bedroom dwelling units.  These units may be sold and/or constructed with fewer bedrooms with provisions in the condominium documentation to allow renovation to three-bedroom units.

3.         City Council authorize the City Solicitor, in consultation with the Chief Planner, to make such revisions to the draft Zoning By-law (Attachment 6) as may be necessary to give effect to the above conditions.

4.         The City endeavour to provide the applicant Notice of (Site Plan) Approval Conditions so as to implement the above by  January 18, 2012.

5.         Except as modified or altered by Parts 1 to 4 above, City Council's decision made on October 24 and 25, 2011, with respect to the applications (Item TE10.4) will continue to apply.

6.         City Council direct the City Solicitor  to attend before the Ontario Municipal Board to implement same, with the necessary  Zoning By-law Amendment, Section 37 agreement and Notice of Approval (Site Plan) Conditions.