Item - 2019.GL6.13

Tracking Status

GL6.13 - 2018 Final Report on Property Sales, Acquisitions, Expropriations, and Leases

Decision Type:
ACTION
Status:
Amended
Wards:
All

City Council Decision

City Council on July 16, 17 and 18, 2019, adopted the following:

 

1.  City Council revise the "Comments" and "Current Status" columns in Appendix A to the report (May 30, 2019) from the Acting Director, Real Estate Services to indicate transit planning activity for the following properties under "Intended Manner of Sale - Transfer to Build Toronto":

 

a.  4200-4400 Eglinton Avenue West; and

 

b.  4452 Eglinton Avenue West.

Background Information (Committee)

(May 30, 2019) Report from the Acting Director, Real Estate Services on 2018 Final Report on Property Sales, Acquisitions, Expropriations, and Leases
https://www.toronto.ca/legdocs/mmis/2019/gl/bgrd/backgroundfile-133997.pdf
Appendix A - Declared Surplus List
https://www.toronto.ca/legdocs/mmis/2019/gl/bgrd/backgroundfile-133998.pdf
Appendix B - Properties Authorized for Sale
https://www.toronto.ca/legdocs/mmis/2019/gl/bgrd/backgroundfile-133999.pdf

Motions (City Council)

1 - Motion to Amend Item moved by Councillor Jim Karygiannis (Carried)

That City Council delete General Government and Licensing Committee Recommendation 1:

 

Recommendation to be deleted:

 

1.  City Council delete number 7 (4086 Sheppard East and part of ramp) in Appendix B to the report (May 30, 2019) from the Acting Director, Real Estate Services, and request the Director, Real Estate Services, to report to the General Government and Licensing Committee at its meeting on October 7, 2019 with options for utilizing this property for sale.


Motion to Adopt Item as Amended (Carried)

GL6.13 - 2018 Final Report on Property Sales, Acquisitions, Expropriations, and Leases

Decision Type:
ACTION
Status:
Amended
Wards:
All

Committee Recommendations

The General Government and Licensing Committee recommends that:

 

1.  City Council delete number 7 (4086 Sheppard East and part of ramp) in Appendix B to the report (May 30, 2019) from the Acting Director, Real Estate Services, and request the Director, Real Estate Services, to report to the General Government and Licensing Committee at its meeting on October 7, 2019 with options for utilizing this property for sale.

 

2.  City Council revise the "Comments" and "Current Status" columns in Appendix A to the report (May 30, 2019) from the Acting Director, Real Estate Services to indicate transit planning activity for the following properties under "Intended Manner of Sale - Transfer to Build Toronto":

 

a.  4200-4400 Eglinton Avenue West; and

 

b.  4452 Eglinton Avenue West.

Origin

(May 30, 2019) Report from the Acting Director, Real Estate Services

Summary

This final report provides an annual overview of property sales, purchases, expropriations, and leases transacted by the City of Toronto from January 1, 2018 to December 31, 2018.

 

Properties that were declared surplus, sold, and acquired through negotiations/expropriations as well as leases are all reviewed in this report. All of these transactions were managed through the delegated authority process.

Background Information

(May 30, 2019) Report from the Acting Director, Real Estate Services on 2018 Final Report on Property Sales, Acquisitions, Expropriations, and Leases
https://www.toronto.ca/legdocs/mmis/2019/gl/bgrd/backgroundfile-133997.pdf
Appendix A - Declared Surplus List
https://www.toronto.ca/legdocs/mmis/2019/gl/bgrd/backgroundfile-133998.pdf
Appendix B - Properties Authorized for Sale
https://www.toronto.ca/legdocs/mmis/2019/gl/bgrd/backgroundfile-133999.pdf

Motions

1 - Motion to Amend Item (Additional) moved by Councillor Paul Ainslie (Carried)

That:

 

1.  City Council delete number 7 (4086 Sheppard East and part of ramp) in Appendix B and request the Director, Real Estate Services, to report to the General Government and Licensing Committee at its meeting on October 7, 2019 with options for utilizing this property for sale.


2 - Motion to Amend Item (Additional) moved by Councillor Stephen Holyday (Carried)

That:

 

1.  City Council revise the "Comments" and "Current Status" columns in Appendix A to indicate transit planning activity for the following properties under "Intended Manner of Sale - Transfer to Build Toronto":

 

a.  4200-4400 Eglinton Avenue West; and

 

b.  4452 Eglinton Avenue West.

Source: Toronto City Clerk at www.toronto.ca/council