Item - 2019.GL9.14
Tracking Status
- City Council adopted this item on November 26 and 27, 2019 without amendments and without debate.
- This item was considered by the General Government and Licensing Committee on November 18, 2019 and adopted without amendment. It will be considered by City Council on November 26 and 27, 2019.
- See also 2010.EX43.7
- See also 2017.EX27.12
- See also 2017.CC32.3
- See also 2019.GL10.8
GL9.14 - Amendments to Delegated Authorities for Corporate Real Estate Management Functions
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Wards:
- All
City Council Decision
City Council on November 26 and 27, 2019, adopted the following:
1. City Council amend the existing delegated approval and signing authorities adopted by City Council on October 2, 3, and 4, 2017 in Item EX27.12 as follows:
a. the Executive Director, Corporate Real Estate Management, shall have delegated approval and signing authority for all matters also delegated to the Deputy City Manager, Corporate Services, but with an upper financial limit of $3 million; and
b. effective upon the recruitment of the new Director, Transaction Services, and the new Director, Property Management, such Directors shall each have delegated approval and signing authority with respect to matters for which authority previously resided with the Director, Real Estate Services.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2019/gl/bgrd/backgroundfile-139640.pdf
GL9.14 - Amendments to Delegated Authorities for Corporate Real Estate Management Functions
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Committee Recommendations
The General Government and Licensing Committee recommends that:
1. City Council amend the existing delegated approval and signing authorities adopted by City Council on October 2, 3, and 4, 2017 in Item EX27.12 as follows:
a. the Executive Director, Corporate Real Estate Management, shall have delegated approval and signing authority for all matters also delegated to the Deputy City Manager, Corporate Services, but with an upper financial limit of $3 million; and
b. effective upon the recruitment of the new Director, Transaction Services, and the new Director, Property Management, such Directors shall each have delegated approval and signing authority with respect to matters for which authority previously resided with the Director, Real Estate Services.
Origin
Summary
This report recommends the delegation of approval and signing authority levels for certain real estate matters to the new Executive Director, Corporate Real Estate Management, that are currently within the delegated authority of the Deputy City Manager, Corporate Services, and related amendments to other existing authorities to align with the Corporate Real Estate Management Division's new structure.
For the purposes of expediting routine real estate transactions, facilitating situations involving critical deadlines, and limiting the need for the Deputy City Manager, Corporate Services, to approve certain lower-value real estate transactions, staff is recommending that delegations previously approved by City Council be updated. If adopted, the proposed amendments would not change the value threshold, currently $10 million, above which City Council approval is required for certain real estate matters.
Background Information
https://www.toronto.ca/legdocs/mmis/2019/gl/bgrd/backgroundfile-139640.pdf