Item - 2019.MA2.3
Tracking Status
- This item was considered by Toronto Music Advisory Committee on November 8, 2019 and was adopted with amendments.
- See also EC10.19
MA2.3 - Strategies for Assisting Live Music Venues
- Decision Type:
- Presentation
- Status:
- Amended
- Wards:
- All
Committee Decision
The Toronto Music Advisory Committee recommends that:
1. The Economic and Community Development Committee request the General Manager, Economic Development and Culture to:
a. Establish an interdivisional working group, including Economic Development and Culture, Corporate Finance, City Planning and other necessary city staff; and
b. Report to the Toronto Music Advisory Committee on February 20, 2020 and to the Economic and Community Development Committee with a review and steps to develop a rebate program for live music venues, and other financial options to support live music in the City of Toronto.
Decision Advice and Other Information
The following gave a presentation on Strategies for Assisting Live Music Venues:
- The Director, Financial Strategies and Policy, Finance and Treasury Services
- The Director, Revenue Services, Finance and Treasury Services
- The Senior Cultural Affairs Officer, Community and Social Services
Summary
Staff in Corporate Finance will provide information on financial mechanisms that might be applied to offer tax rebates or relief to help ensure the long-term sustainability of live music venues in Toronto.
Staff in Economic Development and Culture will present strategies to maintain and create new accessible, sustainable spaces for Toronto's creative sector.
Background Information
https://www.toronto.ca/legdocs/mmis/2019/ma/bgrd/backgroundfile-139928.pdf
Motions
That:
1. The Economic and Community Development Committee request the General Manager, Economic Development and Culture to:
a. Establish an interdivisional working group, including Economic Development and Culture, Corporate Finance, City Planning and other necessary city staff; and
b. Report to the Toronto Music Advisory Committee on February 20, 2020 and to the Economic and Community Development Committee with a review and steps to develop a rebate program for live music venues, and other financial options to support live music in the City of Toronto.
Declared Interests
Robert Lanni - That Coalition music (Robert Lanni) was an applicant for the City of Toronto's Creative Co-Location Property Tax Subclass.
Written Declaration: https://secure.toronto.ca/council/declared-interest-file.do?id=8976