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CreateTO · 2021-03-08 · 2021.RA21.7

The filed record

Redevelopment of 260 Adelaide Street West

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The decision

2021-03-08 · CreateTO · amended

As filed

The Board of Directors of CreateTO: 1. Directed the Executive Vice President, Development to negotiate a term sheet with a partner or partners, for the property at 260 Adelaide Street West and report back to the May 11, 2021 Board meeting. 2. Authorized the public release of the confidential information contained in Confidential Attachment 1 to the report (February 23, 2021) from the Executive Vice President, Development, CreateTO upon completion of any negotiations, and at the discretion of the Chief Executive Officer.

On the agenda

As the city filed it

The purpose of this report is to provide the Board of Directors of CreateTO (the "Board") with a confidential update regarding the business plan for the City-owned property at 260 Adelaide Street West ("260 Adelaide").

Staff recommended

The Executive Vice President, Development recommends that the Board of Directors of CreateTO: 1. Authorize the public release of the confidential information contained in Confidential Attachment 1 upon completion of any negotiations, and at the discretion of the Chief Executive Officer.

    On the record

    The item as the City filed it

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