Another $1 million for the rebuilding - from:
TE31.15
55 - 95 Lake Shore Blvd East, 33-53 Freeland Street and 2 and 15 Cooper Street
vii. prior to the issuance of the first above-grade building permit for the second phase of development (Block 4), a cash contribution to be used by the City towards the following capital improvements, all to the satisfaction of the Chief Planner and Executive Director, City Planning in consultation with the local Councillor;
A. a cash payment of $1,000,000 towards the Jack Layton Ferry Terminal redevelopment; and
B. a cash contribution currently estimated at $5,200,000 towards the: two-way conversion of Harbour Street between Yonge and York Streets; removal of the Bay Street on-ramp to the eastbound Gardiner Expressway; shortening of the Lower Jarvis off-ramp from the eastbound Gardiner Expressway; and/or re-construction of Lake Shore Boulevard East from Yonge Street to Lower Jarvis Street, all in accordance with the recommendations from the Lower Yonge Precinct Municipal Class Environmental Assessment.