That, on the recommendation of the Managing Director, Housing, Social Services and Dearness Home, the following actions be taken with respect to the Canada-Ontario Community Housing Initiative (CHOCI) and Ontario Priorities Housing Initiative (OPHI) Approval of Ontario Transfer Payment Agreement:
a) the proposed by-law, as appended to the staff report dated June 17, 2019 as Appendix A, BE INTRODUCED at the Municipal Council meeting to be held on June 25, 2019, to:
i) approve the Ontario Transfer Payment Agreement, as appended to the above-noted by-law and satisfactory to the City Solicitor, between Her Majesty the Queen in the Right of Ontario, as represented by the Ministry of Municipal Affairs and Housing, and The Corporation of the City of London;
ii) authorize the Mayor and the City Clerk to execute the above-noted Agreement;
iii) approve the Canada-Ontario Community Housing Initiative (CHOCI) and Ontario Priority Housing Initiative (OPHI) Housing Provider Contribution Agreement, satisfactory to the City Solicitor, between The Corporation of the City of London and the Housing Provider;
iv) authorize the Managing Director, Housing, Social Services and Dearness Home, or designate, to execute the above-noted Housing Provider Contribution Agreement; and,
v) authorize the Managing Director, Housing, Social Services and Dearness Home, or designate, to execute the Investment Plan and/or any other document and report in furtherance of the above-noted Agreement; and,
b) the revised attached proposed by-law, Appendix B, BE INTRODUCED at the Municipal Council meeting to be held on June 25, 2019, to delegate to the Housing Development Corporation, London the duties of the City as the Service Manager contained in Schedule “A” of the Ontario Transfer Payment Agreement for the Ontario Priorities Housing Initiatives between The Corporation of the City of London and the Ministry of Municipal Affairs and Housing, as it relates to the administrative and development activities for capital development within the “Rental Housing Component”;
it being noted that the City, as Service Manager, will retain responsibilities for ongoing operational compliance following construction and initial rent-up of the housing projects. (2019-S11/F11)