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←CreateTO · 2021-11-22 · 2021.RA27.5

The filed record

Status of Projects Involving Toronto Parking Authority Operated Parking Facilities - Update

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The decision

2021-11-22 · CreateTO · amended

As filed

The Board of Directors, CreateTO: 1. Confirmed its actions taken in closed session in issuing confidential instructions to staff. 2. Directed that Confidential Attachment 1 to the report (November 5, 2021) from the Vice President, Portfolio Execution, CreateTO remain confidential in its entirety, as it deals with proposed or pending acquisition(s) or disposition(s) of land by the City of Toronto.

On the agenda

As the city filed it

On September 13, 2021, the Board of Directors of CreateTO reviewed a report entitled "City-Building Activities - Toronto Parking Authority Parking Facilities", from the Vice President, Portfolio Execution. This report included a Confidential Attachment that summarized the status of city-building activities involving Toronto Parking Authority (TPA) operated parking facilities. The purpose of the report was to provide an overall sense of the range of existing CreateTO projects that utilize current TPA operated parking facilities.

Show the rest of As the city filed it, 791 more characters as filed

The activities involving TPA operated parking facilities are primarily the outcome of previous City Council direction on advancing strategic programs (e.g. Housing Now, ModernTO, local Councillor-led initiatives, etc.), or in response to joint venture opportunities. As is consistent with the approach to date, Staff will advance analysis and strategic direction on these city-building activities and will report to the Board for feedback and final direction on each project once program and site-specific due diligence is completed. During the in-camera session of the September 13, 2021 meeting, Board members requested additional information on certain matters addressed in the Confidential Attachment. The requested information is contained in the Confidential Attachment to this report.

Staff recommended

The Vice President, Portfolio Execution, CreateTO recommends that: 1. The Board of Directors, CreateTO direct that Confidential Attachment 1 remain confidential in its entirety, as it deals with proposed or pending acquisition(s) or disposition(s) of land by the City of Toronto.

    On the record

    The item as the City filed it

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