Update and Authorization to Lease a Lot at Innovation Park at Kortright, 9550 Pine Valley Drive, City of Vaughan, Regional Municipality of York, Humber River Watershed (CFN 59237). Response to proposals from Mattamy and Services and Housing in the Province (SHIP) for a lease at the BRE Innovation Park at Kortright to be located south of Major MacKenzie Drive and west of Pine Valley Drive, municipally known as 9550 Pine Valley Drive, in the City of Vaughan, Regional Municipality of York, Humber River watershed. TRCA staff recommend to enter into a 5-year lease (with three, 5 year options) with Mattamy and to enter into a 3-year lease (with three, 5 year options) with SHIP of Toronto and Region Conservation Authority-owned land for the construction and occupation of a research and demonstration building at the Innovation Park site at less than market rent, recognizing other benefits of these leases.
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