Item - 2013.GM26.17

City Council on December 16, 17 and 18, 2013, adopted the following:

1.         City Council direct that:

              a.       part of 22 John Street (near Weston Road and Lawrence Avenue), containing approximately 910 square metres (9,795 square feet), as shown on the sketch attached as Appendix 1 (the "Property"), be declared surplus to the City’s requirements, with the intended manner of disposal to be a sale to Metrolinx, and all steps necessary to comply with Chapter 213 of the City of Toronto Municipal Code, be taken; and

              b.       authority be granted to enter into an Agreement of Purchase and Sale for the transfer to Metrolinx of the Property, at a purchase price of $340,000, on terms and conditions satisfactory to the Chief Corporate Officer, and in a form satisfactory to the City Solicitor.

2.         City Council direct that:

              a.       part of 53 Strachan Avenue containing approximately 2,125 square metres (22,873 square feet) as shown on Appendix 2 (the "Easement Lands"), be declared surplus to the City’s requirements, with the intended manner of disposal to be a Permanent Easement to Metrolinx, and all steps necessary to comply with Chapter 213 of the City of Toronto Municipal Code, be taken; and

              b.       authority be granted to enter into a Permanent Easement Agreement with Metrolinx for sub-surface tie-backs for its rail infrastructure within the Easement Lands, at a value up to $40,000, on terms and conditions satisfactory to the Chief Corporate Officer and in a form acceptable to the City Solicitor.

3.         City Council authorize staff to commence negotiations to acquire the vacant lands located at 14 John Street, City of Toronto (the "Lands").

4.         City Council authorize staff to initiate the expropriation process for the Lands (14 John Street).

5.         City Council authorize staff to serve and publish Notices of Application for Approval to Expropriate the Lands (14 John Street), to forward to the Chief Inquiry Officer any requests for hearing that are received, to attend the hearing to present the City's position and to report the Inquiry Officer's recommendations to City Council for its consideration.

6.         City Council direct that the proceeds from the sale of the Property (22 John Street) be held in the Community Development Reserve Fund (XR3100)  to support redevelopment of the surface parking lot at 22 John Street which includes a residential component, replacement municipal parking facility, a Farmer's Market and a Cultural Hub.

7.         City Council direct that the information contained in Confidential Attachment 1 to the report (October 31, 2013) from the Chief Corporate Officer and the President, Toronto Parking Authority, be made public following completion of the transactions contemplated in the Confidential Attachment.

8.         City Council authorize the City Solicitor to complete the transactions, deliver any notices, pay any expenses and amend the closing and other dates to such earlier or later date(s), on such terms and conditions, as she may, from time to time, determine.

9.         City Council authorize and direct the appropriate City officials to take the necessary action to give effect to Council's decision.

Confidential Attachment 1 to the report (October 31, 2013) from the Chief Corporate Officer and the President, Toronto Parking Authority remains confidential in its entirety at this time, in accordance with the provisions of the City of Toronto Act, 2006, as it pertains to a proposed or pending acquisition or sale of land for municipal or local board purposes. The information contained in Confidential Attachment 1 will be made public following completion of the transactions contemplated in the Confidential Attachment.