Item - 2020.GL11.5
Tracking Status
- This item was considered by General Government and Licensing Committee on January 6, 2020. The General Government and Licensing Committee postponed consideration of this item. Consult the text of the decision for further information on the deferral.
GL11.5 - Proposed Sale of 20 Castlefield Avenue and 565 Duplex Avenue, Yonge-Eglinton Area - Update
- Decision Type:
- ACTION
- Status:
- Deferred
- Ward:
- 8 - Eglinton - Lawrence
Confidential Attachment - Potential litigation against the City of Toronto and advice that is subject to solicitor-client privilege
Committee Decision
The General Government and Licensing Committee:
1. Deferred consideration of the item until its meeting on March 9, 2020.
Origin
Summary
Toronto Parking Authority ("TPA") executed a conditional agreement to sell the lands municipally known as 20 Castlefield Avenue and 565 Duplex Avenue (the "City Lands") to 2500 Yonge Street Limited (the "Purchaser"). A location map of the City Lands is in Attachment A. As directed by City Council, staff have advised the Purchaser that City Council does not approve the Agreement of Purchase and Sale.
Confidential Attachment 1 contains information relating to steps taken pursuant to the confidential instructions and potential next steps and legal advice from the City Solicitor relating to potential litigation.
Background Information
https://www.toronto.ca/legdocs/mmis/2020/gl/bgrd/backgroundfile-141277.pdf
Confidential Attachment 1 - Confidential Instructions to Staff
Confidential Attachment 1 - Confidential Appendices 1, 2, and 3
Motions
That consideration of the item be deferred until the March 9, 2020 meeting of the General Government and Licensing Committee.