Tuscani01
Senior Member
The previous staff report did not have a draft zoning by-law or Section 37 agreement, probably because it was recommended for refusal. Community Council directed the Chief Planner (i.e. Planning and Legal Staff) to prepare the site-specific By-law and Section 37 agreement and bring it back to them so they can send it to Council with those things attached.
The Section 37 agreement includes work on the heritage building (which isn't designated IIRC), and $1 million cash to go toward projects such as affordable housing projects in Ward 20, local park improvements, and streetscape improvements to Dundas Street West. There are also things like the requirement to go for LEED if viable and knockout panels for 3 bedroom units.
Work on the heritage building would not count as credit to S. 37. The building will be aiming for LEED certification with or without a S. 37 agreement requiring it to. Knockout panels were also already planned before S. 37.
S. 37 is the last thing that is dealt with in the approval process, hence why it is only being dealt with now. The money will most likely be used to improve area parks, or University Ave. itself.