Item - 2021.MM38.49

City Council on December 15, 16 and 17, 2021, adopted the following:

1.  City Council authorize the City to enter into a five-year, below market rent lease agreement (the "Lease") with YMCA of Greater Toronto (the "Tenant") for the use of approximately 5,426 square feet of the main floor of the building located at 238 Queen Street West known as St. Patrick's Market (the "Leased Premises"), substantially on the major terms and conditions as set out in Attachment 1,  and other terms and conditions as may be deemed appropriate by the Executive Director, Corporate Real Estate Management, or their designate, and in a form acceptable to the City Solicitor.

2.  City Council authorize the City to terminate the Metro Hall lease (the "Metro Hall Lease") between the City and YMCA with a commencement date of January 1, 2010 for premises located on a portion of the ground floor, the first sub-floor and the third floor of Metro Hall by providing one months' notice to the YMCA in accordance with the overholding provisions in the Metro Hall Lease.

3.  City Council make a grant to the Tenant in the amount of up to $1,000,000 to cover the Tenant's relocation and leasehold improvement costs in accordance with section 83 of City of Toronto Act, 2006 and City Council determine it is in the interests of the City to make the grant to the Tenant.

4.  City Council authorize the Executive Director, Corporate Real Estate Management to enter into a construction agreement with YMCA to carry out capital repair work required to bring the building known as St. Patrick's Market into a state of good repair and in compliance with the City's obligations under the Accessibility for Ontarians with Disabilities Act, at a cost up to $1,233,000 (net of Harmonized Sales Tax) on terms acceptable to the Executive Director, Corporate Real Estate Management and in a form acceptable to the City Solicitor.

5.  City Council request the Executive Director, Corporate Real Estate Management, and the General Manager, Economic Development and Culture, to work with the YMCA of Greater Toronto to provide fresh food and food-market animation at St. Patrick's Market, including considering using St. Patrick's Square and additional vacant space within the Market building for these purposes.