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General Government and Licensing Committee · 2022-04-29 · 2022.GL30.7

The filed record

Toronto Parking Authority Settlement Proposals with Leased Tenants

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The decision

2022-05-11 · Toronto City Council · adopted

As filed

City Council on May 11 and 12, 2022, adopted the following: 1. City Council authorize the Executive Director, Corporate Real Estate Management, or designate, to execute the proposed settlements between Toronto Parking Authority and its Leased Tenants located in Municipal Car Park 1 at 20 Charles Street East (the Property) substantially in accordance with the terms and conditions as set out in Confidential Attachments 1 and 2 to the report (April 14, 2022) from the Executive Director, Corporate Real Estate Management, and including such other terms as deemed appropriate by the Executive Director, Corporate Real Estate Management and in a form satisfactory to the City Solicitor.

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2. City Council adopt the confidential instructions to staff in Confidential Attachments 1 and 2 to the report (April 14, 2022) from the Executive Director, Corporate Real Estate Management. 3. City Council direct that Confidential Attachments 1 and 2 to the report (April 14, 2022) from the Executive Director, Corporate Real Estate Management remain confidential in their entirety, as they contain advice that is subject to solicitor-client privilege. 4. City Council forward a copy of Item GL30.7 to the Auditor General for consideration. Confidential Attachments 1 and 2 to the report (April 14, 2022) from the Executive Director, Corporate Real Estate Management remain confidential in their entirety in accordance with the provisions of the City of Toronto Act, 2006, as they contain advice that is subject to solicitor-client privilege.

The vote

Adopt Item · Carried, 18-3

Against (3)Gord Perks, John Filion, Paula Fletcher
Absent (3)Josh Matlow, Michael Ford, Nick Mantas
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On the agenda

As the city filed it

Corporate Real Estate Management is seeking Council authority to approve the proposed settlement terms and conditions attached hereto as Confidential Attachments between Toronto Parking Authority and its Lease Tenants located at 20 Charles Street East also known as Municipal Car Park 1. Under the City-Wide Real Estate model, Toronto Parking Authority's lease administration and property management functions will transfer

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to Corporate Real Estate Management Implementation of the centralized real estate model is in progress; the work to the transfer of Toronto Parking Authority's rental portfolio will commence in the third quarter of 2022.

Staff recommended

The Executive Director, Corporate Real Estate Management, recommends that: 1. City Council authorize the Executive Director, Corporate Real Estate Management, or his designate, to execute the proposed settlements between Toronto Parking Authority and its Leased Tenants located in Municipal Car Park 1 at 20 Charles Street East (the Property) substantially in accordance with the terms and conditions as set out in the attached Confidential Attachments and including such other terms as deemed appropriate by the Executive Director, Corporate Real Estate Management and in a form satisfactory to the City Solicitor.

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2. City Council adopt the confidential instructions to staff in Confidential Attachment 1 and 2. 3. City Council direct that the confidential information contained in Confidential Attachment 1 and 2 remain confidential in its entirety, as it contains advice which is subject to solicitor-client privilege.

Considered

  • 2022-04-29 · General Government and Licensing Committee · amended

    Decision as filed

    The General Government and Licensing Committee recommends that: 1. City Council authorize the Executive Director, Corporate Real Estate Management, or designate, to execute the proposed settlements between Toronto Parking Authority and its Leased Tenants located in Municipal Car Park 1 at 20 Charles Street East (the Property) substantially in accordance with the terms and conditions as set out in the attached Confidential Attachments 1 and 2 to the report (April 14, 2022) from the Executive Director, Corporate Real Estate Management, and including such other terms as deemed appropriate by the Executive Director, Corporate Real Estate Management and in a form satisfactory to the City Solicitor.

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    2. City Council adopt the confidential instructions to staff in Confidential Attachments 1 and 2 to the report (April 14, 2022) from the Executive Director, Corporate Real Estate Management. 3. City Council direct that the confidential information contained in Confidential Attachments 1 and 2 to the report (April 14, 2022) from the Executive Director, Corporate Real Estate Management remain confidential in its entirety, as it contains advice which is subject to solicitor-client privilege. 4. City Council forward a copy of Item GL30.7 to the Auditor General for consideration.

    Clerk’s note

    The General Government and Licensing Committee recessed its public session to meet in closed session to consider the item as it pertains to litigation or potential litigation that affects the City or one of its agencies or corporations.

  • 2022-05-11 · Toronto City Council · adopted

On the record

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