Item - 2018.EX34.21

Tracking Status

  • City Council adopted this item on May 22, 2018 with amendments.
  • This item was considered by the Executive Committee on May 14, 2018 and adopted without amendment. It will be considered by City Council on May 22, 2018.
  • See also By-law 640-2018

EX34.21 - Refining Eligibility Criteria for the Creative Co-Location Facilities Property Subclasses

Decision Type:
ACTION
Status:
Amended
Wards:
All

City Council Decision

City Council on May 22, 23 and 24, 2018, adopted the following:

 

1.  City Council approve the revised eligibility criteria outlined in Attachment 1 to the report (May 10, 2018) from the General Manager, Economic Development and Culture on Refining Eligibility Criteria for the Creative Co-Location Facilities Property Subclasses in order to assess eligibility of properties for inclusion in the Creative Co-Location Facilities Property subclasses.  

 

2. City Council appoint the General Manager, Economic Development and Culture to the role of "Program Administrator" as defined in Ontario Regulation 384/18.

 

3. City Council appoint the City Treasurer to the role of "Appellate Authority" as defined in Ontario Regulation 384/18.

 

4. City Council authorize the City Solicitor to submit the bills necessary to amend Municipal Code Chapter 767, Taxation, Property Tax, to give effect to City Council's decision and any other provisions deemed necessary as a result of the enactment of Ontario Regulation 384/18.

Background Information (Committee)

(May 10, 2018) Report from the General Manager, Economic Development and Culture on Refining Eligibility Criteria for the Creative Co-Location Facilities Property Subclasses
https://www.toronto.ca/legdocs/mmis/2018/ex/bgrd/backgroundfile-114996.pdf
Attachment 1 - Detailed Eligibility Criteria for Inclusion in Creative Co-location Facilities Property Subclasses
https://www.toronto.ca/legdocs/mmis/2018/ex/bgrd/backgroundfile-114997.pdf
(April 30, 2018) Report from the General Manager, Economic Development and Culture on Refining Eligibility Criteria for the Creative Co-Location Facilities Property Subclasses - Notice of Pending Report
https://www.toronto.ca/legdocs/mmis/2018/ex/bgrd/backgroundfile-114752.pdf

Background Information (City Council)

(May 22, 2018) Supplementary report from the General Manager, Economic Development and Culture on Creative Co-Location Facilities Property Subclasses - Ontario Regulation 384/18 (EX34.21a)
https://www.toronto.ca/legdocs/mmis/2018/cc/bgrd/backgroundfile-115459.pdf

Motions (City Council)

Motion to Adopt Item (Carried)

Motion to Reconsider Item moved by Councillor Joe Cressy (Carried)

That in accordance with the provisions of Chapter 27, Council Procedures, City Council reconsider Item EX34.21.


1 - Motion to Amend Item (Additional) moved by Councillor Joe Cressy (Carried)

That City Council adopt the recommendations contained in the supplementary report (May 22, 2018) from the General Manager, Economic Development and Culture, as follows:

 

1. City Council appoint the General Manager, Economic Development and Culture to the role of "Program Administrator" as defined in O.Reg. 384/18.

 

2. City Council appoint the City Treasurer to the role of "Appellate Authority" as defined in O.Reg. 384/18.

 

3. City Council authorize the City Solicitor to submit the bills necessary to amend Municipal Code Chapter 767, Taxation, Property Tax, to give effect to these recommendations, and any other provisions deemed necessary as a result of the enactment of O.Reg. 384/18.


Motion to Adopt Item as Amended (Carried)

EX34.21 - Refining Eligibility Criteria for the Creative Co-Location Facilities Property Subclasses

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Committee Recommendations

The Executive Committee recommends that:

 

1.  City Council approve the revised eligibility criteria outlined in Attachment 1 to the report (May 10, 2018) from the General Manager, Economic Development and Culture on Refining Eligibility Criteria for the Creative Co-Location Facilities Property Subclasses in order to assess eligibility of properties for inclusion in the Creative Co-Location Facilities Property subclasses.  

Decision Advice and Other Information

The Executive Committee requested the General Manager, Economic Development and Culture to report directly to City Council at its meeting on May 22, 2018 identifying any necessary by-law amendments arising from the recent enactment of Ontario Regulation 384/18.

Origin

(May 10, 2018) Report from the General Manager, Economic Development and Culture

Summary

City Council recently approved detailed eligibility criteria for inclusion of properties in the new Creative Co-Location Facilities Property subclasses. Staff have since refined the eligibility criteria to ensure that the benefit is provided to the appropriate properties as presented in the attachment to this report. Changes to the eligibility criteria are based on new information provided to the City by stakeholders and on advice from the Municipal Property Assessment Corporation (MPAC). The refined criteria simplifies the calculation of eligible common space that can be included in the Creative Co-location Facilities Property subclasses.

Background Information

(May 10, 2018) Report from the General Manager, Economic Development and Culture on Refining Eligibility Criteria for the Creative Co-Location Facilities Property Subclasses
https://www.toronto.ca/legdocs/mmis/2018/ex/bgrd/backgroundfile-114996.pdf
Attachment 1 - Detailed Eligibility Criteria for Inclusion in Creative Co-location Facilities Property Subclasses
https://www.toronto.ca/legdocs/mmis/2018/ex/bgrd/backgroundfile-114997.pdf
(April 30, 2018) Report from the General Manager, Economic Development and Culture on Refining Eligibility Criteria for the Creative Co-Location Facilities Property Subclasses - Notice of Pending Report
https://www.toronto.ca/legdocs/mmis/2018/ex/bgrd/backgroundfile-114752.pdf

Motions

1 - Motion to Adopt Item moved by Councillor Michael Thompson (Carried)
Source: Toronto City Clerk at www.toronto.ca/council