Item - 2013.PB24.2

The Toronto Preservation Board recommends to the North York Community Council that:

1.         City Council state its intention to designate the property at 2384 Yonge Street (Postal Station K) under Part IV, Section 29 of the Ontario Heritage Act.

2.         If there are no objections to the designation in accordance with Section 29(6) of the Ontario Heritage Act, City Council authorize the City Solicitor to introduce the bill in Council designating the property under Part IV, Section 29 of the Ontario Heritage Act.

3.         If there are objections in accordance with Section 29(7) of the Ontario Heritage Act, City Council direct the City Clerk to refer the designation to the Conservation Review Board.

4.         If the designation is referred to the Conservation Review Board, City Council authorize the City Solicitor and appropriate staff to attend any hearing held by the Conservation Review Board in support of Council's decision on the designation of the property.

5.         City Council grant authority for the execution of a Heritage Easement Agreement under Section 37 of the Ontario Heritage Act with the owners of the property 2384 Yonge Street.

6.         City Council authorize the City Solicitor to introduce the necessary bill in Council authorizing the entering into of a Heritage Easement Agreement.

This report recommends that City Council state its intention to designate the property at 2384 Yonge Street under Part IV, Section 29 of the Ontario Heritage Act for its cultural heritage value and grant authority for a heritage easement agreement.  Located on the west side of Yonge Street between Helendale and Montgomery Avenues in North Toronto, the site contains Postal Station K, which was listed on the City of Toronto Inventory of Heritage Properties in 1974.  A development proposal integrates the post office building into a residential development in its entirety and the new owners have agreed to the designation of the property under the Ontario Heritage Act and to enter into a Heritage Easement Agreement with the City.