Lease Arrears at 598 Gerrard Street East

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The decision

2024-04-25 · Toronto Parking Authority - Audit and Risk Management Committee · adopted

As filed

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 City Solicitor and the President, Toronto Parking Authority. 2. The Board of Directors of the Toronto Parking Authority direct that Confidential Attachment 1 to the

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report (March 27, 2024) from the City Solicitor and 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 agenda

As the city filed it

The purpose of this report is to provide information and seek instructions relating to a dispute and related litigation arising from a now-terminated lease for the main floor of 598 Gerrard Street East, Toronto, Ontario (the "Premises").

Staff recommended

The City Solicitor and the President, Toronto Parking Authority, recommend that: 1. The Board of Directors of the Toronto Parking Authority adopt the confidential recommendations contained in Confidential Attachment 1. 2. The Board of Directors of the Toronto Parking Authority direct that the confidential information contained in Confidential Attachment 1 to this report remain confidential in its entirety, as it is about

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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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