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←Toronto Parking Authority · 2024-05-28 · 2024.PA9.9

The filed record

Lease Arrears at 50 Cumberland Street, Units 11 and 12

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The decision

2024-05-28 · Toronto Parking Authority · adopted

As filed

The Board of Directors of the Toronto Parking Authority: 1. Adopted the confidential instructions to staff in Confidential Attachment 1 to the report (March 27, 2024) from the President, Toronto Parking Authority. 2. Directed that Confidential Attachment 1 to the report (March 27, 2024) from the President, Toronto Parking Authority remain confidential in its entirety, as it pertains to litigation or potential litigation

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that affects Toronto Parking Authority and contains advice or communications that are subject to solicitor-client privilege.

The vote

Adopt Item · Carried, 5-0

For (1)Brad Bradford
Absent (1)Paula Fletcher
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On the agenda

As the city filed it

At its meeting on Thursday, April 25, 2024, the Toronto Parking Authority - Audit and Risk Management Committee recessed its public meeting to meet in closed session to consider Item PR5.9 and made recommendations to the Board of Directors of the Toronto Parking Authority. Summary from the report (March 27, 2024) from the City Solicitor and the President, Toronto Parking Authority: The purpose of this report is to provide

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information and seek instructions relating to a dispute and related litigation arising from a terminated lease for 50 Cumberland Street, Units 11 and 12 (the "Premises").

Staff recommended

The Toronto Parking Authority - Audit and Risk Management Committee recommends that: 1. The Board of Directors of the Toronto Parking Authority adopt the confidential instructions to staff in Confidential Attachment 1 to the report (March 27, 2024) from the President, Toronto Parking Authority. 2. The Board of Directors of the Toronto Parking Authority direct that Confidential Attachment 1 to the report (March 27, 2024)

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from the President, Toronto Parking Authority remain confidential in its entirety, as it pertains to litigation or potential litigation that affects Toronto Parking Authority and contains advice or communications that are subject to solicitor-client privilege.

    On the record

    The item as the City filed it

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