Item - 2020.GL15.18
Tracking Status
- City Council adopted this item on September 30, 2020 without amendments and without debate.
- This item was considered by the General Government and Licensing Committee on September 14, 2020 and adopted without amendment. It will be considered by City Council on September 30, 2020.
GL15.18 - Below Market Sublease Agreement with The Neighbourhood Group Community Services for Child Care Centre Programs - 30 Sheppard Avenue East
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Ward:
- 18 - Willowdale
City Council Decision
City Council on September 30, October 1 and 2, 2020, adopted the following:
1. City Council authorize a new sublease agreement with The Neighbourhood Group Community Services for a term of five (5) years with an option to renew for a further five (5) years for nominal consideration, substantially based on the terms set out in Appendix A to the report (August 28, 2020) from the Executive Director, Corporate Real Estate Management and the General Manager, Children's Services, and on such other or amended terms and conditions acceptable to the Executive Director, Corporate Real Estate Management.
2. City Council authorize the City Solicitor to complete all relevant agreements, and all documentation as required, and to deliver any notices, and amend the respective commencement, termination and other dates to such earlier or later date(s), on such terms and conditions, as the City Solicitor, or its designate, may from time to time, determine.
3. City Council authorize the Executive Director, Corporate Real Estate Management to execute such documents required to complete the relevant sublease agreements.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2020/gl/bgrd/backgroundfile-156186.pdf
GL15.18 - Below Market Sublease Agreement with The Neighbourhood Group Community Services for Child Care Centre Programs - 30 Sheppard Avenue East
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 18 - Willowdale
Committee Recommendations
The General Government and Licensing Committee recommends that:
1. City Council authorize a new sublease agreement with The Neighbourhood Group Community Services for a term of five (5) years with an option to renew for a further five (5) years for nominal consideration, substantially based on the terms set out in Appendix A, and on such other or amended terms and conditions acceptable to the Executive Director, Corporate Real Estate Management.
2. City Council authorize the City Solicitor to complete all relevant agreements, and all documentation as required, and to deliver any notices, and amend the respective commencement, termination and other dates to such earlier or later date(s), on such terms and conditions, as the City Solicitor, or its designate, may from time to time, determine.
3. City Council authorize the Executive Director, Corporate Real Estate Management to execute such documents required to complete the relevant sublease agreements.
Origin
Summary
The purpose of this report is to obtain City Council authority to enter into a new sublease agreement with The Neighbourhood Group Community Services for a five (5) year term for approximately 6,448 square feet of interior space and approximately 3,197 square feet of outdoor play area for Child Care Centre programs, on the second floor of the building located at 30 Sheppard Avenue East, for nominal consideration.
Background Information
https://www.toronto.ca/legdocs/mmis/2020/gl/bgrd/backgroundfile-156186.pdf