Lansdowne 2.0 Procurement Options Analysis and Recommendations

Council was asked to

1. Committee RecommendationsThat Council: Approve the recommended procurement delivery model of a Design Bid Build for the design and construction of the Event Centre and North Side Stands, as described in this report and including as follows: Receive the KPMG Lansdowne Park Revitalization Delivery Model Options Analysis report, as detailed in Document 1; Receive the progress report on a Social Procurement Framework for the Lansdowne 2.0 project, as detailed in Document 2; Approve that an additional $4 million be advanced against the existing project budget authority to prepare tender ready design drawings for both the Event Centre and North Side Stands, and provide for the assistance of outside experts to assist and advise the City in progressing the Redevelopment proposal, as described in this report.
2. Approve the approach for the Request for Offer for the air rights development, as described in this report and detailed in Document Approve the $20 million line of credit to be taken out and repaid by the Lansdowne Master Limited Partnership and guaranteed by the City, as described in this report.
3. Delegate the authority to the City Manager, in consultation with the City Solicitor and the City Treasurer, to authorize, negotiate, finalize and execute any necessary contracts, resolutions, and/or contract amendments that may be necessary to implement the recommendations in this report as adopted by Council.