Repeal of By-law No. 449-76

(61- 67 Yonge Street) - Exclusion of

6- 8 Colborne Street (Downtown)

The Toronto Community Council recommends that By-law No. 449-76 be repealed as it applies to the lands at 6-8 Colborne Street, and that the by-law continue to designate only the lands at 61-67 Yonge Street.

The Toronto Community Council submits the following report (June 29, 1999) from the Managing Director, Toronto Historical Board:

Purpose:

This report recommends that By-law No. 449-76 be repealed as it applies to the lands at 6-8 Colborne Street as this property is of no architectural or historical significance.

Funding Sources, Financial Implications and Impact Statement:

Not applicable.

Recommendation:

That By-law No. 449-76 be repealed as it applies to the lands at 6-8 Colborne Street, and that the by-law continue to designate only the lands at 61-67 Yonge Street.

Background:

At its meeting held on September 15, 1976, City Council passed By-law No. 449-76 to designate the property at 61-67 Yonge Street (Traders Bank Building) under the Ontario Heritage Act. At that time the lands included the properties now known as 6-8 Colborne Street. The Reasons for Designation identify only the building at 61-67 Yonge Street as being of architectural significance.

In 1996, consent was granted by the City of Toronto to separately convey the lands at 6-8 Colborne Street.

At its meeting held on June 28, 1999, The Toronto Historical Board adopted a report recommending that the portion of By-law No. 449-76 pertaining to the lands at 6-8 Colborne Street be repealed.

Comments:

In a letter to the City Clerk dated June 14, 1999 the owner of 6-8 Colborne Street requested that the portion of the by-law as it applies to 6-8 Colborne Street be repealed.

Staff of the Toronto Historical Board concurs that the property is of no architectural or historical significance.

The by-law would continue to apply to the lands at 61-67 Yonge Street and the Reasons for Designation would remain unchanged.

Conclusion:

The Toronto Historical Board recommends that City Council repeal By-law No. 449-76 as is applies to the lands at 6-8 Colborne Street.

Contact Name:

Georgia Kuich

Preservation Assistant, Historical Preservation, Toronto Historical Board

205 Yonge Street, Toronto, ON M5B 1N2

Tel: 392-6827, ext. 241

Fax: 392-6834