The filed record
Proposed Sale of 20 Castlefield Avenue and 565 Duplex Avenue, Yonge-Eglinton Area - Update
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
2020-01-06 · General Government and Licensing Committee · deferred
As filed
The General Government and Licensing Committee: 1. Deferred consideration of the item until its meeting on March 9, 2020.
On the agenda
As the city filed it
Toronto Parking Authority ("TPA") executed a conditional agreement to sell the lands municipally known as 20 Castlefield Avenue and 565 Duplex Avenue (the "City Lands") to 2500 Yonge Street Limited (the "Purchaser"). A location map of the City Lands is in Attachment A. As directed by City Council, staff have advised the Purchaser that City Council does not approve the Agreement of Purchase and Sale. Confidential Attachment
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1 contains information relating to steps taken pursuant to the confidential instructions and potential next steps and legal advice from the City Solicitor relating to potential litigation.
Staff recommended
The Executive Director, Corporate Real Estate Management, and the City Solicitor recommend that: 1. City Council adopt the confidential instructions to staff in Confidential Attachment 1. 2. City Council direct that the confidential instructions in Confidential Attachment 1 remain confidential at the discretion of the City Solicitor and that the balance of Confidential Attachment 1 remain confidential in its entirety,
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as it pertains to potential litigation against the City of Toronto and contains advice that is subject to solicitor-client privilege.
On the record
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