Item - 2019.PA11.4

Tracking Status

This item was considered by Toronto Parking Authority on December 12, 2019 and was adopted without amendment.

PA11.4 - Renewal of Parking Management Agreement - 9 Madison Avenue (Car Park 238)

Decision Type:: ACTION

Status:: Adopted

Ward:: 11 - University - Rosedale

Board Decision

The Board of Directors of Toronto Parking Authority:

1. Authorized the President, Toronto Parking Authority, to enter into a parking management renewal agreement with International Estonian Centre Inc. to continue to operate a 38-space surface parking facility located at 9 Madison Avenue (Car Park 238), under the terms and conditions in Attachment 1 to the report (November 28, 2019) from the Acting President, Toronto Parking Authority, and any such other or amended terms and conditions as may be acceptable to the President, Toronto Parking Authority, and in a form satisfactory to the City Solicitor.

Origin

(November 28, 2019) Report from the Acting President, Toronto Parking Authority

Summary

This report seeks Toronto Parking Authority (TPA) Board of Directors' approval to enter into a parking management renewal agreement (Renewal Agreement) with International Estonian Centre Inc. (Owner) to continue TPA's operation of an existing 38-space surface parking facility, referred to as Car Park 238, located at 9 Madison Avenue (Property), in accordance with the terms and conditions outlined in Attachment 1, 9 Madison Avenue Renewal Agreement Principles.

Background Information

(November 28, 2019) Report and Attachments 1 and 2 from the Acting President, Toronto Parking Authority on Renewal of Parking Management Agreement - 9 Madison Avenue (Car Park 238)
https://www.toronto.ca/legdocs/mmis/2019/pa/bgrd/backgroundfile-140745.pdf

Motions

Motion to Adopt Item moved by Jeffrey Steiner (Carried)