Item - 2016.GM9.1
Tracking Status
- City Council adopted this item on February 3, 2016 without amendments.
- This item was considered by the Government Management Committee on January 4, 2016 and adopted without amendment. It will be considered by City Council on February 3, 2016.
- See also By-laws 212-2016, 956-2016
GM9.1 - 1 Eglinton Square - Eglinton Square Branch Library - Designation of a Portion of Premises as a Municipal Capital Facility
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 35 - Scarborough Southwest
City Council Decision
City Council on February 3 and 4, 2016, adopted the following:
1. 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 KS Eglinton Square Inc, the current owner of Eglinton Square Shopping Centre at 1 Eglinton Square, in respect of approximately 4,716 square feet of the current leased space and 5,284 additional square feet of additional rentable area leased by the Toronto Public Library;
b. continue the exemption for the leased space currently occupied by the library of approximately 4,716 square feet; and
c. exempt the additional leased space of approximately 5,284 square feet from taxation for municipal and education purposes, for which the tax exemption is to be effective from the latest of the following dates: the commencement date of the lease; the date the municipal capital facility agreement is signed; or the date the tax exemption by-law is enacted.
2. City Council direct the City Clerk to give written notice of the by-law to the Minister of Education, the Municipal Property Assessment Corporation, the Toronto District School Board, the Toronto Catholic District School Board, the Conseil Scolaire de District du Centre-Sud-Ouest, and the Conseil Scolaire de District du Catholique Centre-Sud.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2016/gm/bgrd/backgroundfile-86713.pdf
Motions (City Council)
Vote (Adopt Item) Feb-03-2016 4:21 PM
| Result: Carried | Majority Required - GM9.1 - Adopt the item |
|---|---|
| Total members that voted Yes: 32 | Members that voted Yes are Paul Ainslie, Jon Burnside, John Campbell, Christin Carmichael Greb, Shelley Carroll, Raymond Cho, Josh Colle, Gary Crawford, Janet Davis, Glenn De Baeremaeker, Justin J. Di Ciano, Sarah Doucette, Mary Fragedakis, Mark Grimes, Stephen Holyday, Jim Karygiannis, Norman Kelly, Mike Layton, Chin Lee, Josh Matlow, Pam McConnell, Mary-Margaret McMahon, Joe Mihevc, Denzil Minnan-Wong, Ron Moeser, Frances Nunziata (Chair), Cesar Palacio, Gord Perks, Jaye Robinson, Michael Thompson, John Tory, Kristyn Wong-Tam |
| Total members that voted No: 0 | Members that voted No are |
| Total members that were Absent: 13 | Members that were absent are Maria Augimeri, Ana Bailão, Michelle Berardinetti, Joe Cressy, Vincent Crisanti, Frank Di Giorgio, John Filion, Paula Fletcher, Rob Ford, Giorgio Mammoliti, James Pasternak, Anthony Perruzza, David Shiner |
Declared Interests (City Council)
Councillor James Pasternak - as his spouse works for the Toronto Public Library
GM9.1 - 1 Eglinton Square - Eglinton Square Branch Library - Designation of a Portion of Premises as a Municipal Capital Facility
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 35 - Scarborough Southwest
Committee Recommendations
The Government Management Committee recommends that:
1. 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 KS Eglinton Square Inc, the current owner of Eglinton Square Shopping Centre at 1 Eglinton Square, in respect of approximately 4,716 square feet of the current leased space and 5,284 additional square feet of additional rentable area leased by the Toronto Public Library;
b. Continue the exemption for the leased space currently occupied by the library of approximately 4,716 square feet; and
c. Exempt the additional leased space of approximately 5,284 square feet from taxation for municipal and education purposes, for which the tax exemption is to be effective from the latest of the following dates: the commencement date of the lease; the date the municipal capital facility agreement is signed; or the date the tax exemption by-law is enacted.
2. City Council direct the City Clerk to give written notice of the by-law to the Minister of Education, the Municipal Property Assessment Corporation, the Toronto District School Board, the Toronto Catholic District School Board, the Conseil Scolaire de District du Centre-Sud-Ouest, and the Conseil Scolaire de District du Catholique Centre-Sud.
Origin
Summary
This report seeks Council’s authority for the adoption of necessary by-laws to designate as a municipal capital facility the premises occupied by the Eglinton Square Branch Library located at 1 Eglinton Square within the Eglinton Square Shopping Centre, and to provide a property tax exemption for municipal and education purposes. The municipal capital facility agreement will provide for a continued exemption for the space currently occupied by the library of approximately 4,716 square feet, and a new exemption for an additional 5,284 square feet of new space that is being leased by the library for twenty years with an estimated effective date of October 1, 2015.
Background Information
https://www.toronto.ca/legdocs/mmis/2016/gm/bgrd/backgroundfile-86713.pdf