Item - 2021.MM36.27
Tracking Status
- City Council adopted this item on October 1, 2021 without amendments.
MM36.27 - Authority to Enter into a Delivery Agreement to Facilitate the Sale of 10 Affordable Ownership Housing Units at 500 Wilson Avenue to Habitat for Humanity GTA - by Councillor James Pasternak, seconded by Councillor Jaye Robinson
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 6 - York Centre
City Council Decision
City Council on October 1 and 4, 2021, adopted the following:
1. City Council authorize the Executive Director, Housing Secretariat to negotiate, enter into and execute, on behalf of the City:
a. a tripartite delivery agreement with the owner of 500 Wilson Avenue and Habitat for Humanity GTA whereby the City will agree to defer the payment of development charges in relation to 10 affordable ownership housing units; and
b. any security, financing or other documents required with the owner of the 500 Wilson Avenue, Habitat, or any other parties deemed necessary to facilitate the development charges deferral outlined in this Motion, on terms and conditions satisfactory to the Executive Director, Housing Secretariat and in a form satisfactory to the City Solicitor.
2. City Council authorize the City Solicitor to execute, postpone, confirm the status of and discharge any City security documents registered as required by normal business practices.
Background Information (City Council)
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, need to be waived to permit introduction of Motion MM36.27. A two-thirds vote of Council Members present is required to waive notice.
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM36.27 be referred to the Planning and Housing Committee. A two-thirds vote of the Council Members present is required to waive referral.