Item - 2015.EY5.5

Etobicoke York Community Council deferred consideration of this Item to its meeting on May 12, 2015.

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Etobicoke York Community Council considered the following Items together:

-           Item EY5.2, headed "Request for Direction Report - 2114 - 2130 Bloor Street West - Zoning By-law Amendment Application"; and

-           Item EY5.5, headed "Settlement Proposal - 2800 Bloor Street West".

City Council on February 10 and 11, 2015, referred Motion MM3.36 to the Etobicoke York Community Council for consideration.

In August 2014, a rezoning and Section 111 approval came before Council for direction for an Ontario Municipal Board hearing. The application addressed the proposed demolition of a vacant 10 unit affordable rental building on the site. The interim Councillor James Maloney, negotiated a settlement offer to reduce the rental replacement requirements from 10 units to 3 units and a cash in lieu payment of $200,000. Previous to the above application, rezoning had been approved for a retirement facility in which Council required that 3 rental units be replaced. An Official Plan Amendment was enacted to allow for the same 3 rental replacement unit requirement on the site.

This Motion before you seeks to respect Council's Affordable Housing policies and address local needs in Ward 5's Toronto Community Housing Corporation properties. This Motion seeks to return to the 3 rental replacement unit requirement on the site with a cash in lieu settlement of $875,000 for the 7 units at $125,000 each going towards the Affordable Housing Fund and $675,000 in Section 37 funding going towards capital improvements to Toronto Community Housing in Ward 5, as well as local parkland improvements. This funding is to be paid prior to the issuance of any building permit and is available now.

This Motion is urgent, as an Ontario Municipal Board pre-hearing is scheduled for May 29, 2015.