Acquisition Lease - Transitional Housing for Families
File No.: ACS2023-PRE-CRO-0029 - Bay (Ward 7)
Report Recommendations
That the Finance and Corporate Services Committee recommends that City Council:
Delegate authority to the General Manager, Planning, Real Estate, and Economic Development to negotiate, enter into, conclude, execute, amend, and implement a Lease Agreement for the facility in accordance with the terms of this report and that conforms to the business parameters outlined in Document 1.
That Council consider the matter at the City Council meeting on November 8, 2023.
Transit Services Department
Stage 2 LRT Contingency Funding and General Operational Budget
File No.: ACS2023-TSD-RCP-0017 - Citywide
Report Recommendations
That the Finance and Corporate Services Committee recommend that Council:
Approve $42 million for the Stage 2 Rail Construction Program general operational budget 2023 for project oversight costs;
Approve $110 million for the Stage 2 Contingency Budget in 2023 for major variations, soils management and general contingency;
Approve $40.8 million increase to the Stage 2 LRT budget to capitalize deferred construction payments initially recognized as lifecycle payments, but that should be classified as capital;
Approve the refinancing of a Public Transit Infrastructure Fund (PTIF) funded project related to for the Stage 2 Project budget in the amount of $1,432,416; and
Approve the refinancing of $457 million on Stage 2 LRT from Provincial Gas Tax cash and debt to Development Charge debt and Transit tax debt.
Motions of Which Notice has been Previously Given
Motion - Luloff - Right of Way Land Exchange – 1015 Tweddle Road
THEREFORE BE IT RESOLVED that Finance and Corporate Services Committee recommend that Council direct the General Manager of Planning, Infrastructure and Economic Development, contingent upon the conclusion of the process to have that area of the Jeanne d’Arc ROW adjacent to 1015 Tweddle that has been identified as being redundant (as shown on the attached sketch, and held on file with the City Clerk) declared surplus and being closed, entering into an agreement with the owner of 1009 Trim to convey the redundant Jeanne d’Arc ROW adjacent to 1015 Tweddle Road to become part of 1015 Tweddle to allow for it to be developed as part of the project once the LRT encumbrance is lifted in exchange for the Owner conveying to the City the following:
The area of the site not required for development and that will be naturalized and improved (also shown on the attached sketch plan) to provide for public access in accordance with a plan that will be prepared by the owner as part of the site plan for the proposed development for approval by the City and that will implemented by the owner at the owners cost as part of the 1015 Tweddle development, and
The area of the site along the east side of Tweddle Road to provide for the City to improve Tweddle Road for pedestrians and cyclists between Jeanne d’Arc and Petrie Island.
In Camera Items
Information Previously Distributed
AMO Annual General Meeting and Conference 2023 Member of Council Delegate Report (Councillor Lo)
File No.: ACS2023-OCC-CCS-0135
FCM Annual Conference and Trade Show 2023 Delegate Report (Councillor Kavanagh)
File No.: ACS2023-OCC-CCS-0130
FCM Annual Conference and Trade Show 2023 Delegate Report (Councillor Devine)
File No.: ACS2023-OCC-CCS-0131
FCM Annual Conference and Trade Show 2023 Delegate Report (Councillor Bradley)
File No.: ACS2023-OCC-CCS-0132
FCM Annual Conference and Trade Show 2023 Delegate Report (Councillor Tierney)
File No.: ACS2023-OCC-CCS-128
FCM Annual Conference and Trade Show 2023 Delegate Report (Councillor Troster)
File No.: ACS2023-OCC-CCS-0134
CM Annual Conference and Trade Show 2023 Delegate Report (Councillor Menard)
File No.: ACS2023-OCC-CCS-0133
FCM Annual Conference and Trade Show 2023 Delegate Report (Councillor Lo)
File No.: ACS2023-OCC-CCS-0129
Notices of Motions (For Consideration at Subsequent Meeting)
Inquiries
Other Business
Adjournment
Next Meeting
December 5, 2023.