TORONTO LANDS CORPORATION STRATEGIC DIRECTION 2020

Our Mission Our Vision Our Core Principles To unlock the potential of TDSB properties for the benefit of students, staff and communities Exceptional learning spaces serving vibrant communities TDSB lands will be preserved as public assets to the greatest extent possible Continuous modernization of TDSB schools strengthens the public education system Maximizing TDSB land value extends beyond the financial and is to include community and social value TDSB will be kept financially whole in the development of public service initiatives Our Vision Our Core Principles

Reduce the deferred maintenance on TDSB properties 1 To transform student learning environments through the modernization of facilities GOAL Reduce the deferred maintenance on TDSB properties Partner with the City and others in creating TLC’s Master Plan to produce and a more fulsome utilization and deployment of public assets Develop a phased-in, multi-year approach to implementing a school modernization initiative OBJECTIVES

2 Create a culture of partnership & collaboration with key stakeholder groups GOAL Establish working partnerships that contribute to TLC’s success Assemble and facilitate a Public Asset Working Group Build and enhance local partnerships to contribute directly to building strong communities OBJECTIVES

3 To be a highly functioning organization successfully aligning TLC’s & TDSB’s Missions and the Shareholder Direction GOAL Create an open and supportive corporate culture Establish an effective corporate governance framework and exercise prudent financial management Develop a responsive, transparent and successful corporate communications program OBJECTIVES

Building for tomorrow

TORONTO DISTRICT SCHOOL BOARD The largest school board in Canada Approximately 247,000 students enrolled Service capacity of approximately 308,000 Over 60,000 available pupil places Over 600 properties Largest school board in Canada Almost 250,000 students enrolled Service capacity of approximately 308,000 pupil places Over 60,000 available pupil places

AGING INFRASTRUCTURE Renewal needs backlog is approximately $4B Average age of schools exceeds 60 years Approximately 50% of schools are over 60 years old 51 schools older than 95 years 7 schools built before 1900 ADD # OF SCHOOLS, # OF ADMIN SITES, # OF TLC SITES ALL PROPERTIES TLC SITES TDSB ADMINISTRATION SITES

ACCUMULATING REPAIRS & AVERAGE GRANTS TO ADDRESS REPAIRS & MAINTENANCE Observation $5.2 Billion $3.5Billion 2016-17 Provincial TDSB Grants ~$295M Operational Issues Include: Resources Pricing For example: Window Replacement: Pre-tender price $994K Post-tender price $1.97M ~70,000 unfunded pupil surplus spaces which is equivalent to 140 Schools with 500 seat capacity $3.4B Repair Backlog increasing to $4.7B by 2018 $4.7B is $14,700/space. 70,000 empty spaces represents $1.03B of the total deferred maintenance. $1.03B represents the equivalent of 68 New 500 seat schools ACCUMULATING REPAIRS & MAINTENANCE COST $500M AVERAGE GRANTS TO ADDRESS REPAIRS & MAINTENANCE 2003 2023

TDSB ADMINISTRATION SITES 1 Civic Centre Court 2 Trethewey 5050 Yonge 85 Peckham 7 McCulloch 401 Alliance 15 Oakburn 849 Eastern 17 Fairmeadow 140 Borough 52 Mcgriskin TDSB ADMINISTRATION SITES PROPERTY INVENTORY 5,083 acres of land 580 schools, 26 TLC sites and 10 TDSB administration sites Over 35 acres of TDSB administration sites Over 4,000,000 m2 of facility space 66 pools 5 new schools built in the last 10 years 3 schools currently under construction ALL PROPERTIES TLC SITES TDSB ADMINISTRATION SITES

SITE POTENTIAL OPPORTUNITIES 2 Hollycrest MS: 428 enrolment, 404 capacity (105.9% utilization) Wellesworth JS: 150 enrolment, 330 capacity (45.5% utilization)

SITE POTENTIAL OPPORTUNITIES 2 Hollycrest MS: 428 enrolment, 404 capacity (105.9% utilization) Wellesworth JS: 150 enrolment, 330 capacity (45.5% utilization)

SITE POTENTIAL OPPORTUNITIES 3

Crosstown Elementary School, Vancouver 1 Willoughby Square, New York North Toronto CI, Toronto Bloor CI, Toronto The Battery Park School, New York ADD BLOOR/DUFFERIN EXAMPLE Davisville Jr PS, Toronto