High Park Forest School naming rights sold to The Toronto-Dominion Bank

Naming Rights Agreement with The Toronto-Dominion Bank and High Park Initiatives for the High Park Forest School

Committee Recommendations 

The Parks and Environment Committee recommends that:

 

1.  City Council authorize the General Manager, Parks, Forestry and Recreation, to accept a naming rights offer to name the main teaching and programming space inside the High Park Forest School the “TD Grand Hall” for a term of five years, commencing upon the re-opening of the renovated High Park Visitor and Nature Centre (anticipated to be in 2021), or as otherwise agreed to by the General Manager, Parks, Forestry and Recreation and The Toronto-Dominion Bank, and in compliance with the City of Toronto Individual and Corporate Naming Rights Policy.

 

2.  City Council authorize the General Manager, Parks, Forestry and Recreation, to negotiate and enter into a naming rights agreement with High Park Initiatives and The Toronto-Dominion Bank for the $0.750 million naming rights contribution, on terms and conditions satisfactory to the General Manager, Parks, Forestry and Recreation, and in a form satisfactory to the City Solicitor.

Origin(March 16, 2018) Report from the General Manager, Parks, Forestry and Recreation Summary

This report seeks authority to accept a naming rights contribution for the main teaching and programming space inside the High Park Forest School where the High Park Nature Centre is located. This naming rights contribution is the result of a joint fundraising campaign between the City of Toronto and High Park Initiatives, which was approved by City Council at its meeting held on October 2, 3, and 4, 2017.

Background Information(March 16, 2018) Report from the General Manager, Parks, Forestry and Recreation on Naming Rights Agreement with The Toronto-Dominion Bank and High Park Initiatives for the High Park Forest School 
(http://www.toronto.ca/legdocs/mmis/2018/pe/bgrd/backgroundfile-113562.pdf)
MotionsMotion to Adopt Item moved by Councillor Sarah Doucette (Carried)

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