Item - 2018.PE26.3
Tracking Status
- City Council adopted this item on April 24, 2018 without amendments and without debate.
- This item was considered by the Parks and Environment Committee on April 9, 2018 and adopted without amendment. It will be considered by City Council on April 24, 2018.
PE26.3 - Naming Rights Agreement with The Toronto-Dominion Bank and High Park Initiatives for the High Park Forest School
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Ward:
- 13 - Parkdale-High Park
City Council Decision
City Council on April 24, 25, 26 and 27, 2018, adopted the following:
1. City Council authorize the General Manager, Parks, Forestry and Recreation, to accept a naming rights offer to name the main teaching and programming space inside the High Park Forest School the "TD Grand Hall" for a term of five years, commencing upon the re-opening of the renovated High Park Visitor and Nature Centre (anticipated to be in 2021), or as otherwise agreed to by the General Manager, Parks, Forestry and Recreation and The Toronto-Dominion Bank, and in compliance with the City of Toronto Individual and Corporate Naming Rights Policy.
2. City Council authorize the General Manager, Parks, Forestry and Recreation, to negotiate and enter into a naming rights agreement with High Park Initiatives and The Toronto-Dominion Bank for the $0.750 million naming rights contribution, on terms and conditions satisfactory to the General Manager, Parks, Forestry and Recreation, and in a form satisfactory to the City Solicitor.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2018/pe/bgrd/backgroundfile-113562.pdf
PE26.3 - Naming Rights Agreement with The Toronto-Dominion Bank and High Park Initiatives for the High Park Forest School
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 13 - Parkdale-High Park
Committee Recommendations
The Parks and Environment Committee recommends that:
1. City Council authorize the General Manager, Parks, Forestry and Recreation, to accept a naming rights offer to name the main teaching and programming space inside the High Park Forest School the "TD Grand Hall" for a term of five years, commencing upon the re-opening of the renovated High Park Visitor and Nature Centre (anticipated to be in 2021), or as otherwise agreed to by the General Manager, Parks, Forestry and Recreation and The Toronto-Dominion Bank, and in compliance with the City of Toronto Individual and Corporate Naming Rights Policy.
2. City Council authorize the General Manager, Parks, Forestry and Recreation, to negotiate and enter into a naming rights agreement with High Park Initiatives and The Toronto-Dominion Bank for the $0.750 million naming rights contribution, on terms and conditions satisfactory to the General Manager, Parks, Forestry and Recreation, and in a form satisfactory to the City Solicitor.
Origin
Summary
This report seeks authority to accept a naming rights contribution for the main teaching and programming space inside the High Park Forest School where the High Park Nature Centre is located. This naming rights contribution is the result of a joint fundraising campaign between the City of Toronto and High Park Initiatives, which was approved by City Council at its meeting held on October 2, 3, and 4, 2017.
Background Information
https://www.toronto.ca/legdocs/mmis/2018/pe/bgrd/backgroundfile-113562.pdf