Item - 2014.EX44.3
Tracking Status
- City Council adopted this item on August 25, 2014 with amendments.
- This item was considered by Executive Committee on August 20, 2014 and was adopted with amendments. It will be considered by City Council on August 25, 2014.
- See also By-law 966-2014
EX44.3 - Proposed Basketball Training Centre at Exhibition Place
- Decision Type:
- ACTION
- Status:
- Amended
- Ward:
- 19 - Trinity-Spadina
City Council Decision
City Council on August 25, 26, 27 and 28, 2014, adopted the following:
1. City Council exempt the approximately 1.4 acre shown on the sketch attached as Appendix A (the "Leased Lands") to the report (August 6, 2014) from the City Manager, from the notification requirements set out in Item MM52.17 adopted by City Council at its meeting held on June 10, 11, 12 and 13, 2014.
2. The Letter of Intent ("LOI") in Appendix A to the report (August 6, 2014) from the City Manager be amended to reflect the following new business terms:
a. Baseball Diamond to be converted to temporary parking at Maple Leaf Sports and Entertainment Limited (MLSE) cost;
b. Maple Leaf Sports and Entertainment Limited (MLSE) deliver $1 million to City to be held and used to fund the re-conversion of the temporary parking to functional green space on the Baseball Diamond site; re-conversion to occur when “new parking facility” is established;
c. Maple Leaf Sports and Entertainment Limited (MLSE) to fund a grounds-wide parking study up to $200,000;
d. Maple Leaf Sports and Entertainment Limited (MLSE) to contribute $2.0 million (less the $200,000), matched by the City, towards creation of “new parking facility” on grounds within a defined time horizon based on findings of parking study; and
e. No alternative replacement green space required north of Medieval Times.
3. City Council declare the Leased Lands surplus and approve the City and the Board of Governors of Exhibition Place entering into a lease agreement with Maple Leaf Sports and Entertainment Limited for use of the Leased Lands for the construction and operation of a basketball training facility, substantially on the terms and conditions of the revised Letter of Intent ("LOI") contained in Appendix A to the supplementary report (August 25, 2014) from the City Manager, which includes changes to reflect the amendments arising from Part 2 above, and on such other terms and conditions deemed appropriate by the Board's Chief Executive Officer, the City's Deputy City Manager and Chief Financial Officer and the City Solicitor.
4. City Council authorize and direct staff to take all steps necessary with respect to the Leased Lands to comply with the City’s real estate disposal process set out in Chapter 213 of the City of Toronto Municipal Code.
5. City Council pass a by-law pursuant to Section 252 of the City of Toronto Act, 2006, providing authority to:
a. enter into a municipal capital facility agreement with Maple Leaf Sports and Entertainment Limited (MLSE) in respect of the portions of the high-performance basketball training centre ("Basketball Training Facility") within the Leased Lands that will be used as an eligible municipal capital facility for cultural, recreational and tourist purposes as a result of public use for the majority of the operating hours of the facility, when such portions can be determined ("the Municipal Capital Facility Portion of the Facility");
b. exempt the Municipal Capital Facility Portion of the Facility from property taxation for municipal and school purposes, which tax exemption is to be effective from the later of the following dates: the date the municipal capital facility agreement is signed, the date the tax exemption by-law is enacted, or the commencement date of the Lease with Maple Leaf Sports and Entertainment Limited (MLSE); and
c. the Municipal Capital Facility Portion of the Facility from development charges if such charges would otherwise be exigible.
6. Council declare the Municipal Capital Facility Portion of the Facility to be for the purposes of the City and for public use.
7. City Council authorize the City Clerk to give written notice of the By-law when enacted pursuant to the requirements of the City of Toronto Act, 2006.
8. As a result of entering into a lease agreement with Maple Leaf Sports and Entertainment Limited, City Council request the General Manager, Exhibition Place, in consultation with the Canadian National Exhibition, to make best efforts to secure an interim baseball venue suitable for CNE baseball tournaments
9. City Council direct the Acting General Manager, Parks, Forestry and Recreation to work with the community stakeholders, including Toronto Community Housing Corporation, Toronto District School Board, Toronto Catholic District School Board, Basketball Canada, The Toronto Raptor Foundation, the Basketball Leadership Academy (BLA), Ontario Basketball Association (OBA), MLSE and others on the development of a city-wide basketball development program, ensuring affordable access is a principle foundation of the program, and to report back at the first meeting of the Community Development and Recreation Committee on the cost and potential funding and program partners including MLSE, the Basketball Leadership Academy (BLA) and Ontario Basketball Association (OBA).
10. City Council request that the City of Toronto name and logo be added to the Basketball Training Centre building at Exhibition Place.
11. City Council refer the following motion to the City Manager for consideration:
Moved by Mayor Rob Ford:
That MLSE consider allocating 10 percent of MLSE's community hours for dedicated TCHC resident use.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2014/ex/bgrd/backgroundfile-72768.pdf
Appendix A - Proposed Letter of Intent from Maple Leaf Sports and Entertainment Ltd. to the Board of Governors of Exhibition Place and the City of Toronto
https://www.toronto.ca/legdocs/mmis/2014/ex/bgrd/backgroundfile-72809.pdf
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2014/cc/bgrd/backgroundfile-73092.pdf
Communications (Committee)
https://www.toronto.ca/legdocs/mmis/2014/ex/comm/communicationfile-49502.pdf
(August 19, 2014) Letter from Councillor Mark Grimes (EX.Supp.EX44.3.2)
https://www.toronto.ca/legdocs/mmis/2014/ex/comm/communicationfile-49494.pdf
(August 19, 2014) Letter from R. Bobak (EX.Supp.EX44.3.3)
Motions (City Council)
That as a result of entering into a lease agreement with Maple Leaf Sports and Entertainment Limited, City Council request the General Manager, Exhibition Place, in consultation with the Canadian National Exhibition, to make best efforts to secure an interim baseball venue suitable for CNE baseball tournaments.
Vote (Amend Item (Additional)) Aug-25-2014 12:22 PM
| Result: Carried | Majority Required - EX44.3 - Grimes - motion 1 |
|---|---|
| Total members that voted Yes: 39 | Members that voted Yes are Paul Ainslie, Maria Augimeri, Ana Bailão, Shelley Carroll, Raymond Cho, Josh Colle, Gary Crawford, Vincent Crisanti, Janet Davis, Glenn De Baeremaeker, Frank Di Giorgio, Sarah Doucette, John Filion, Doug Ford, Rob Ford, Mary Fragedakis, Mark Grimes, Norman Kelly, Mike Layton, Chin Lee, Peter Leon, Gloria Lindsay Luby, James Maloney, Josh Matlow, Pam McConnell, Mary-Margaret McMahon, Joe Mihevc, Denzil Minnan-Wong, Ron Moeser, Frances Nunziata (Chair), Cesar Palacio, John Parker, Gord Perks, Anthony Perruzza, Ceta Ramkhalawansingh, David Shiner, Karen Stintz, Michael Thompson, Kristyn Wong-Tam |
| Total members that voted No: 0 | Members that voted No are |
| Total members that were Absent: 6 | Members that were absent are Michelle Berardinetti, Mike Del Grande, Paula Fletcher, Giorgio Mammoliti, James Pasternak, Jaye Robinson |
That MLSE consider allocating 10 percent of MLSE's community hours for dedicated TCHC resident use.
Referred by motion 4b by Deputy Mayor Norman Kelly
That City Council direct the Acting General Manager, Parks, Forestry and Recreation to work with the community stakeholders, including Toronto Community Housing Corporation, Toronto District School Board, Toronto Catholic District School Board, Basketball Canada, The Toronto Raptor Foundation, the Basketball Leadership Academy (BLA), Ontario Basketball Association (OBA), MLSE and others on the development of a city-wide basketball development program, ensuring affordable access is a principle foundation of the program, and to report back at the first meeting of the Community Development and Recreation Committee on the cost and potential funding and program partners including MLSE, the Basketball Leadership Academy (BLA) and Ontario Basketball Association (OBA).
Vote (Amend Item (Additional)) Aug-25-2014 12:24 PM
| Result: Carried | Majority Required - EX44.3 - Thompson - motion 3a |
|---|---|
| Total members that voted Yes: 40 | Members that voted Yes are Paul Ainslie, Maria Augimeri, Ana Bailão, Shelley Carroll, Raymond Cho, Josh Colle, Gary Crawford, Vincent Crisanti, Janet Davis, Glenn De Baeremaeker, Frank Di Giorgio, Sarah Doucette, John Filion, Paula Fletcher, Doug Ford, Rob Ford, Mary Fragedakis, Mark Grimes, Norman Kelly, Mike Layton, Chin Lee, Peter Leon, Gloria Lindsay Luby, James Maloney, Josh Matlow, Pam McConnell, Mary-Margaret McMahon, Joe Mihevc, Denzil Minnan-Wong, Ron Moeser, Frances Nunziata (Chair), Cesar Palacio, John Parker, Gord Perks, Anthony Perruzza, Ceta Ramkhalawansingh, David Shiner, Karen Stintz, Michael Thompson, Kristyn Wong-Tam |
| Total members that voted No: 0 | Members that voted No are |
| Total members that were Absent: 5 | Members that were absent are Michelle Berardinetti, Mike Del Grande, Giorgio Mammoliti, James Pasternak, Jaye Robinson |
That City Council request that the City of Toronto name and logo be added to the Basketball Training Centre building at Exhibition Place.
Vote (Amend Item (Additional)) Aug-25-2014 12:25 PM
| Result: Carried | Majority Required - EX44.3 - Thompson -motion 3b |
|---|---|
| Total members that voted Yes: 40 | Members that voted Yes are Paul Ainslie, Maria Augimeri, Ana Bailão, Shelley Carroll, Raymond Cho, Josh Colle, Gary Crawford, Vincent Crisanti, Janet Davis, Glenn De Baeremaeker, Frank Di Giorgio, Sarah Doucette, John Filion, Paula Fletcher, Doug Ford, Rob Ford, Mary Fragedakis, Mark Grimes, Norman Kelly, Mike Layton, Chin Lee, Peter Leon, Gloria Lindsay Luby, James Maloney, Josh Matlow, Pam McConnell, Mary-Margaret McMahon, Joe Mihevc, Denzil Minnan-Wong, Ron Moeser, Frances Nunziata (Chair), Cesar Palacio, John Parker, Gord Perks, Anthony Perruzza, Ceta Ramkhalawansingh, David Shiner, Karen Stintz, Michael Thompson, Kristyn Wong-Tam |
| Total members that voted No: 0 | Members that voted No are |
| Total members that were Absent: 5 | Members that were absent are Michelle Berardinetti, Mike Del Grande, Giorgio Mammoliti, James Pasternak, Jaye Robinson |
That City Council adopt the following recommendation contained in the supplementary report (August 25) from the City Manager:
1. City Council approve the City and the Board of Governors of Exhibition Place entering into a lease agreement with Maple Leaf Sports and Entertainment Limited for use of the Leased Lands for the construction and operation of a basketball training facility, substantially on the terms and conditions of the revised Letter of Intent ("LOI") contained in Appendix A to this report, which includes changes to reflect the amendments arising from Recommendation 2 of the Executive Committee, and on such other terms and conditions deemed appropriate by the Board's Chief Executive Officer, the City's Deputy City Manager and Chief Financial Officer and the City Solicitor.
Vote (Amend Item) Aug-25-2014 12:25 PM
| Result: Carried | Majority Required - EX44.3 - Kelly - motion 4a |
|---|---|
| Total members that voted Yes: 40 | Members that voted Yes are Paul Ainslie, Maria Augimeri, Ana Bailão, Shelley Carroll, Raymond Cho, Josh Colle, Gary Crawford, Vincent Crisanti, Janet Davis, Glenn De Baeremaeker, Frank Di Giorgio, Sarah Doucette, John Filion, Paula Fletcher, Doug Ford, Rob Ford, Mary Fragedakis, Mark Grimes, Norman Kelly, Mike Layton, Chin Lee, Peter Leon, Gloria Lindsay Luby, James Maloney, Josh Matlow, Pam McConnell, Mary-Margaret McMahon, Joe Mihevc, Denzil Minnan-Wong, Ron Moeser, Frances Nunziata (Chair), Cesar Palacio, John Parker, Gord Perks, Anthony Perruzza, Ceta Ramkhalawansingh, David Shiner, Karen Stintz, Michael Thompson, Kristyn Wong-Tam |
| Total members that voted No: 0 | Members that voted No are |
| Total members that were Absent: 5 | Members that were absent are Michelle Berardinetti, Mike Del Grande, Giorgio Mammoliti, James Pasternak, Jaye Robinson |
That motion 2 by Mayor Ford be referred to the City Manager for consideration.
Vote (Refer Motion) Aug-25-2014 12:23 PM
| Result: Carried | Majority Required - EX44.3 - Kelly - motion 4b - Refer motion 2 by Mayor Ford |
|---|---|
| Total members that voted Yes: 24 | Members that voted Yes are Paul Ainslie, Maria Augimeri, Ana Bailão, Shelley Carroll, Raymond Cho, Janet Davis, Sarah Doucette, John Filion, Mary Fragedakis, Norman Kelly, Mike Layton, Chin Lee, Peter Leon, Gloria Lindsay Luby, Pam McConnell, Mary-Margaret McMahon, Joe Mihevc, Denzil Minnan-Wong, Ron Moeser, John Parker, Gord Perks, Anthony Perruzza, Ceta Ramkhalawansingh, Kristyn Wong-Tam |
| Total members that voted No: 15 | Members that voted No are Josh Colle, Gary Crawford, Vincent Crisanti, Glenn De Baeremaeker, Frank Di Giorgio, Doug Ford, Rob Ford, Mark Grimes, James Maloney, Josh Matlow, Frances Nunziata (Chair), Cesar Palacio, David Shiner, Karen Stintz, Michael Thompson |
| Total members that were Absent: 6 | Members that were absent are Michelle Berardinetti, Mike Del Grande, Paula Fletcher, Giorgio Mammoliti, James Pasternak, Jaye Robinson |
Vote (Adopt Item as Amended) Aug-25-2014 12:26 PM
| Result: Carried | Majority Required - EX44.3 - Adopt the item as amended |
|---|---|
| Total members that voted Yes: 38 | Members that voted Yes are Paul Ainslie, Maria Augimeri, Ana Bailão, Shelley Carroll, Raymond Cho, Josh Colle, Gary Crawford, Vincent Crisanti, Janet Davis, Glenn De Baeremaeker, Frank Di Giorgio, Sarah Doucette, John Filion, Paula Fletcher, Mary Fragedakis, Mark Grimes, Norman Kelly, Mike Layton, Chin Lee, Peter Leon, Gloria Lindsay Luby, James Maloney, Josh Matlow, Pam McConnell, Mary-Margaret McMahon, Joe Mihevc, Denzil Minnan-Wong, Ron Moeser, Frances Nunziata (Chair), Cesar Palacio, John Parker, Gord Perks, Anthony Perruzza, Ceta Ramkhalawansingh, David Shiner, Karen Stintz, Michael Thompson, Kristyn Wong-Tam |
| Total members that voted No: 2 | Members that voted No are Doug Ford, Rob Ford |
| Total members that were Absent: 5 | Members that were absent are Michelle Berardinetti, Mike Del Grande, Giorgio Mammoliti, James Pasternak, Jaye Robinson |
3a - Proposed Basketball Training Centre at Exhibition Place
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2014/ex/bgrd/backgroundfile-72891.pdf
EX44.3 - Proposed Basketball Training Centre at Exhibition Place
- Decision Type:
- ACTION
- Status:
- Amended
- Ward:
- 19 - Trinity-Spadina
Committee Recommendations
The Executive Committee recommends that:
1. City Council exempt the approximately 1.4 acre shown on the sketch attached as Appendix A (the "Leased Lands") to the report (August 6, 2014) from the City Manager, from the notification requirements set out in Item MM52.17 adopted by City Council at its meeting held on June 10, 11, 12 and 13, 2014.
2. The Letter of Intent ("LOI") in Appendix A to the report (August 6, 2014) from the City Manager be amended to reflect the following new business terms:
a. Baseball Diamond to be converted to temporary parking at Maple Leaf Sports and Entertainment Limited (MLSE) cost;
b. Maple Leaf Sports and Entertainment Limited (MLSE) deliver $1 million to City to be held and used to fund the re-conversion of the temporary parking to functional green space on the Baseball Diamond site; re-conversion to occur when “new parking facility” is established;
c. Maple Leaf Sports and Entertainment Limited (MLSE) to fund a grounds-wide parking study up to $200,000;
d. Maple Leaf Sports and Entertainment Limited (MLSE) to contribute $2.0 million (less the $200,000), matched by the City, towards creation of “new parking facility” on grounds within a defined time horizon based on findings of parking study; and
e. No alternative replacement green space required north of Medieval Times
3. City Council declare the Leased Lands surplus and approve the City and the Board of Governors of Exhibition Place entering into a lease agreement with Maple Leaf Sports and Entertainment Limited for use of the Leased Lands for the construction and operation of a basketball training facility, substantially on the terms and conditions of the Letter of Intent ("LOI") contained in Appendix A to the report (August 6, 2014) from the City Manager, as amended by Recommendation 2 above, and on such other terms and conditions deemed appropriate by the Board's Chief Executive Officer, the City's Deputy City Manager and Chief Financial Officer and the City Solicitor.
4. City Council authorize and direct staff to take all steps necessary with respect to the Leased Lands to comply with the City’s real estate disposal process set out in Chapter 213 of the City of Toronto Municipal Code.
5. City Council pass a by-law pursuant to Section 252 of the City of Toronto Act, 2006, providing authority to:
a. enter into a municipal capital facility agreement with Maple Leaf Sports and Entertainment Limited (MLSE) in respect of the portions of the high-performance basketball training centre ("Basketball Training Facility") within the Leased Lands that will be used as an eligible municipal capital facility for cultural, recreational and tourist purposes as a result of public use for the majority of the operating hours of the facility, when such portions can be determined ("the Municipal Capital Facility Portion of the Facility");
b. exempt the Municipal Capital Facility Portion of the Facility from property taxation for municipal and school purposes, which tax exemption is to be effective from the later of the following dates: the date the municipal capital facility agreement is signed, the date the tax exemption by-law is enacted, or the commencement date of the Lease with Maple Leaf Sports and Entertainment Limited (MLSE); and
c. the Municipal Capital Facility Portion of the Facility from development charges if such charges would otherwise be exigible.
6. Council declare the Municipal Capital Facility Portion of the Facility to be for the purposes of the City and for public use.
7. City Council authorize the City Clerk to give written notice of the By-law when enacted pursuant to the requirements of the City of Toronto Act, 2006.
Decision Advice and Other Information
The Executive Committee requested the City Manager:
1. to report directly to City Council August 25, 2014, on the revised Letter of Intent for Council consideration, and incorporate in the report, accommodation to enhance the relationship between Toronto Colleges and Universities and Maple Leaf Sports and Entertainment Limited for youth basketball opportunities in Toronto.
2. to submit to City Council on August 25, 2014 an Economic Impact Assessment report.
Origin
Summary
This report seeks Council's approval for the long-term lease of a land parcel at the west end of the Exhibition Place grounds to Maple Leaf Sports and Entertainment Ltd. ("MLSE") for the construction and operation of a 68,000 sq. ft. high-performance basketball development and training centre and to declare the subject lands surplus to City requirements. This training centre will include two indoor basketball courts along with a range of ancillary areas.
Maple Leaf Sports and Entertainment Ltd. has committed, as part of the proposed lease agreement, to making the majority of the daytime and evening basketball court time available for community use. The majority of the remaining time will be used for the training of the Toronto Raptor National Basketball League team. Parks staff have indicated that the availability of these basketball courts for community use will address a shortage of premium indoor basketball space in the south downtown.
Staff have also determined that the proposed level of community usage will make the portion of the centre that is open to the public eligible for a property tax and development charge exemption if the facility is designated as a Municipal Capital Facility. This report recommends that Council direct staff to enter into a Municipal Capital Facility agreement with MLSE for the proposed facility.
The proposed land lease will result in an annual rental payment of $205,000, with periodic adjustments for inflation, to the Board of Governors of Exhibition Place. The financial terms for the proposed lease have been determined through an independent appraisal carried out for the City by Altus Group Limited and have also been reviewed by the City's Real Estate staff.
This report recommends approval of the attached Letter of Intent ("LOI") between the City, the Board of Governors of Exhibition Place and Maple Leaf Sports and Entertainment Ltd. because the proposal will achieve the following City objectives:
- Extensive public access to a premium grade indoor basketball facility;
- Substantial fiscal benefit to Exhibition Place as a result of the ground rent that will be paid by MLSE; and
- Consistent with the goals set out in the Exhibition Place 2014-2016 Strategic Plan.
Background Information
https://www.toronto.ca/legdocs/mmis/2014/ex/bgrd/backgroundfile-72768.pdf
Appendix A - Proposed Letter of Intent from Maple Leaf Sports and Entertainment Ltd. to the Board of Governors of Exhibition Place and the City of Toronto
https://www.toronto.ca/legdocs/mmis/2014/ex/bgrd/backgroundfile-72809.pdf
Communications
https://www.toronto.ca/legdocs/mmis/2014/ex/comm/communicationfile-49502.pdf
(August 19, 2014) Letter from Councillor Mark Grimes (EX.Supp.EX44.3.2)
https://www.toronto.ca/legdocs/mmis/2014/ex/comm/communicationfile-49494.pdf
(August 19, 2014) Letter from R. Bobak (EX.Supp.EX44.3.3)
Speakers
Bob Hunter, Maple Leaf Sports and Entertainment
Councillor Frances Nunziata
Councillor Gord Perks
Motions
That the City Manager provide an Economic Impact Assessment report to the August 25 and 26, 2014 meeting of City Council.
That the City Manager's Supplementary report to City Council on this matter incorporate accommodation to enhance the relationship between Toronto Colleges and Universities and MLSE for youth basketball opportunities in Toronto.
That:
1. The Letter of Intent ("LOI") in Appendix A be amended to reflect the following new business terms:
a. Baseball Diamond to be converted to temporary parking at MLSE cost;
b. MLSE deliver $1M to City to be held and used to fund the re-conversion of the temporary parking to functional green space on the Baseball Diamond site; re-conversion to occur when “new parking facility” is established;
c. MLSE to fund a grounds-wide parking study up to $200K;
d. MLSE to contribute $2.0M (less the $200k), matched by the City, towards creation of “new parking facility” on grounds within a defined time horizon based on findings of parking study; and
e. No alternative replacement green space required north of Medieval Times
2. the City Manager report directly to City Council at its meeting on August 25, 2014, on the revised LOI for Council consideration.
That Recommendation 1 be amended by deleting the words "Appendix B" and inserting the words "Appendix A".
Vote (Adopt Item as Amended) Aug-20-2014
| Result: Carried | Majority Required - EX44.3 - Adopt the item as amended |
|---|---|
| Total members that voted Yes: 12 | Members that voted Yes are Josh Colle, Gary Crawford, Vincent Crisanti, Frank Di Giorgio, Rob Ford, Norman Kelly (Chair), Peter Leon, Denzil Minnan-Wong, Cesar Palacio, Anthony Perruzza, David Shiner, Michael Thompson |
| Total members that voted No: 0 | Members that voted No are |
| Total members that were Absent: 1 | Members that were absent are Giorgio Mammoliti |
3a - Proposed Basketball Training Centre at Exhibition Place
Origin
Summary
This is to advise that the Board of Governor of Exhibition Place at its meeting of August 14, 2014 adopted the following motions with respect to the Proposed Basketball Training Centre at Exhibition Place.
1. Request that City Council declare the Leased Lands surplus and approve the City and the Board of Governors of Exhibition Place entering into a lease agreement with Maple Leaf Sports & Entertainment Ltd. for use of the Leased Lands for the construction and operation of a basketball training facility, substantially on the terms and conditions of the Letter of Intent ("LOI") contained in Appendix “A” of City Executive Report EX44.3 and on such other terms and conditions deemed appropriate by the Board's Chief Executive Officer, the City's Chief Financial Officer and the City Solicitor.
2. Request that City Council exempt the approximately 1.4 acre shown on the sketch attached as Appendix "B" (the "Leased Lands") of City Executive Report No. EX44.3 from the notification requirements set out in Item MM52.17 adopted by City Council at its meeting held on June 10, 11, 12 and 13, 2014.
3. Support City Council authorizing and directing City staff to take all steps necessary with respect to the Leased Lands to comply with the City’s real estate disposal process set out in Chapter 213 of the City of Toronto Municipal Code:
a. City Council pass a by-law pursuant to Section 252 of the City of Toronto Act, 2006, providing authority to: enter into a municipal capital facility agreement with Maple Leaf Sports & Entertainment Ltd. in respect of the portions of the high-performance basketball training centre ("Basketball Training Facility") within the Leased Lands that will be used as an eligible municipal capital facility for cultural, recreational and tourist purposes as a result of public use for the majority of the operating hours of the facility, when such portions can be determined ("the Municipal Capital Facility Portion of the Facility");
b. exempt the Municipal Capital Facility Portion of the Facility from property taxation for municipal and school purposes, which tax exemption is to be effective from the later of the following dates: the date the municipal capital facility agreement is signed, the date the tax exemption by-law is enacted, or the commencement date of the Lease with Maple Leaf Sports & Entertainment Ltd.; and
c. exempt the Municipal Capital Facility Portion of the Facility from development charges if such charges would otherwise be exigible.
4. Support Council declaring the Municipal Capital Facility Portion of the Facility to be for the purposes of the City and for public use.
5. Request City Council to authorize the City Clerk to give written notice of the By-law when enacted pursuant to the requirements of the City of Toronto Act, 2006.
6. The Letter of Intent with Maple Leaf Sports & Entertainment Ltd. contained in Appendix “A” of City Executive Report EX44.3 be subject to a site plan review which aims to develop a plan to protect approximately the same amount of green space and parking.
Background Information
https://www.toronto.ca/legdocs/mmis/2014/ex/bgrd/backgroundfile-72891.pdf