The filed record
Grant of Exemption from Late Payment Fees - Tourism Space at Union Station
The Public Gallery wrote no story on this item. What follows is the city’s own record of what happened to it, as filed: nothing on this page is summarised or scored by us.
The decision
2019-01-30 · Toronto City Council · adopted
As filed
City Council on January 30 and 31, 2019, adopted the following: 1. City Council grant an exemption from the requirement to charge late payment fees of 15 percent per year for outstanding receivable balances and returned cheque fees (currently $40 per returned cheque) under the lease to Her Majesty the Queen in Right of Ontario, as represented by the Minister of Infrastructure (the "Tenant"), for space at Union Station for the promotion and marketing of tourism in Ontario.
On the agenda
As the city filed it
Infrastructure Ontario and Lands Corporation, on behalf of Her Majesty the Queen in Right of Ontario as represented by the Minister of Infrastructure, has been negotiating a lease agreement with the City for space at Union Station to be used for the promotion of tourism in Ontario and it has advised that it cannot agree to pay interest on late payments or returned cheque fees, as it does not have Treasury Board approval to do so, as required under the Financial Administration Act.
Show the rest of As the city filed it, 134 more characters as filed
Accordingly, this report seeks an exemption from the requirement to charge late payment fees and returned cheque fees under the lease.
Staff recommended
The Acting Director, Real Estate Services recommends that: 1. City Council grant an exemption from the requirement to charge late payment fees of 15 percent per year for outstanding receivable balances and returned cheque fees (currently $40 per returned cheque) under the lease to Her Majesty the Queen in Right of Ontario, as represented by the Minister of Infrastructure (the "Tenant"), for space at Union Station for the promotion and marketing of tourism in Ontario.
Considered
2019-01-14 · General Government and Licensing Committee · adopted
Decision as filed
The General Government and Licensing Committee recommends that: 1. City Council grant an exemption from the requirement to charge late payment fees of 15 percent per year for outstanding receivable balances and returned cheque fees (currently $40 per returned cheque) under the lease to Her Majesty the Queen in Right of Ontario, as represented by the Minister of Infrastructure (the "Tenant"), for space at Union Station for the promotion and marketing of tourism in Ontario.
2019-01-30 · Toronto City Council · adopted
On the record
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