Redirecting the Proceeds of the Sale of a Residual Portion of City-owned land at 276 Lauder Avenue - by Councillor Alejandra Bravo, seconded by Councillor Ausma Malik

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The decision

2023-06-14 · Toronto City Council · amended

As filed

City Council on June 14 and 15, 2023, adopted the following: 1. City Council direct the Executive Director, Financial Planning Division to earmark the net proceeds of the sale of 276 Lauder Avenue, to be used for future parkland acquisition in Ward 9 within the Land Acquisition Reserve Fund (Account XR1205).

The vote

Amend Item · Carried, 19-2

For (19)Alejandra Bravo, Amber Morley, Anthony Perruzza, Ausma Malik, Brad Bradford, Chris Moise, Frances Nunziata, Gord Perks, Jamaal Myers, James Pasternak, Jaye Robinson, Jennifer McKelvie, Josh Matlow, Lily Cheng, Nick Mantas, Paul Ainslie, Paula Fletcher, Shelley Carroll, Vincent Crisanti

Against (2)Michael Thompson, Stephen Holyday

Absent (4)Dianne Saxe, Gary Crawford, Jon Burnside, Mike Colle

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On the agenda

As the city filed it

In 1984, the owner of 276 Lauder Avenue (the "Property"), believing that they had the full ownership of a municipally-owned parcel of land to the rear of the Property (the "Municipal Lands"), proceeded to build a double car garage on the Municipal Lands with the knowledge and approval of the then Borough of York. Borough Officials did not notify the owner that the Municipal Lands were acquired by The Corporation of the Borough of York through a municipal tax sale in 1974.

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The garage has been in place for the last 38 years and was not identified as having been erected on City-owned lands until the owner listed 276 Lauder Avenue for sale on the open market and learned that the Municipal Lands were not a part of the Property. In accordance with the City's Real Estate Disposal By-law 814-2007, the Municipal Lands were declared surplus on October 5, 2022 by DAF 2022-221 with the intended manner of disposal, to invite an offer to purchase from the owner of the Property. Terms of the agreement have been finalized. The major terms and conditions of the transaction are considered to be fair, reasonable, and reflective of market value. The sale of the Municipal Lands to the owner of 276 Lauder Avenue was subsequently authorized on April 26, 2023 by DAF 2023-119. While the Director, Transaction Services has approved the sale of the Municipal Lands through delegated authority, I am requesting City Council direct the proceeds of the sale to the South District Parkland Acquisition reserve fund. This area of Toronto is experiencing unprecedented growth and parkland acquisition must be a priority that is supported as the provision of parks is critical to the liveability of these communities.

Staff recommended

Councillor Alejandra Bravo, seconded by Councillor Ausma Malik, recommends that: 1. City Council, waive the Policy Governing Land Transactions Among City Agencies, Boards, Commissions and Departments and Proceeds from Sale of Surplus City-Owned Real Property as amended by Item 2021.EX27.4 that requires that the net proceeds be directed to the Land Acquisition Reserve Fund (XR1205), and allocate the net proceeds of the sale of 276 Lauder Avenue to the South District Parkland Acquisition reserve fund (Account XR2208).

On the record

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