Litigation Regarding Option to Purchase Retail Component of Development at 935 Eglinton Avenue West (Municipal Car Park 655)

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

2020-12-14 · Toronto Parking Authority · adopted

As filed

The Board of Directors of Toronto Parking Authority: 1. Directed that the information contained in Confidential Attachment 1 to the report (December 11, 2020) from the Acting President, Toronto Parking Authority and the City Solicitor remain confidential in its entirety at the discretion of the City Solicitor, as it pertains to litigation involving Toronto Parking Authority and the City of Toronto and contains advice that is subject to solicitor-client privilege.

On the agenda

As the city filed it

This is a report on the status of the legal action commenced by Toronto Parking Authority on January 17, 2019 against BSaR (Eglinton) Ltd. and BSaR (Eglinton) LP (both together referred to as "BSaR"), and BSaR's principals, Tarek Sobhi, and Tyler Hershberg. In the legal action, TPA is claiming damages in the amount of $7.0 million for breach of contract related to an option held by the Toronto Parking Authority to purchase the retail unit ("Retail Component") of a joint venture development at 935 Eglinton Avenue West (the "Property").

Staff recommended

The Acting President, Toronto Parking Authority and the City Solicitor recommend that: 1. The Board of Directors of Toronto Parking Authority direct that the information contained in Confidential Attachment 1 remain confidential in its entirety at the discretion of the City Solicitor, as it pertains to litigation involving Toronto Parking Authority and the City of Toronto and contains advice that is subject to solicitor-client privilege.

On the record

The item as the City filed it