Transaction Update of City-owned 50 Cumberland Street/37 Yorkville Avenue (Municipal Car Park 15)

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

2021-05-12 · Toronto Parking Authority · adopted

As filed

The Board of Directors of Toronto Parking Authority: 1. Directed that Confidential Attachment 1 to the report (April 28, 2021) from the President, Toronto Parking Authority and the City Solicitor remain confidential in its entirety at the discretion of the City Solicitor, as it contains information and advice that is subject to solicitor-client privilege, including communications necessary for that purpose.

On the agenda

As the city filed it

The purpose of this report is to provide the Board of Directors of Toronto Parking Authority with an update regarding the sale of the former City-owned above-grade lands at 50 Cumberland Street/37 Yorkville by PricewaterhouseCoopers LLP, as receiver and manager of the assets 33 Yorkville Residences Inc. and 33 Yorkville Residences Limited Partnership.

Staff recommended

The President, Toronto Parking Authority, and the City Solicitor recommend that: 1. The Board of Directors of Toronto Parking Authority adopt this report and Confidential Attachment 1 for information. 2. The Board of Directors direct that the information contained in Confidential Attachment 1 remain confidential in its entirety at the discretion of the City Solicitor, as it contains information and advice that is subject to solicitor-client privilege, including communications necessary for that purpose.

On the record

The item as the City filed it