Item - 2020.PA16.1

The Board of Directors of Toronto Parking Authority:

1.  Directed that the information contained in Confidential Attachment 1 to the report (July 14, 2020) from the City Solicitor remain confidential in its entirety at the discretion of the City Solicitor, as it pertains to potential litigation involving Toronto Parking Authority and the City of Toronto and contains advice that is subject to solicitor-client privilege.

This report is to provide the Board of Directors of Toronto Parking Authority with further information and updates regarding the City's consideration of a proposed sale of City-owned lands municipally known as 20 Castlefield Avenue and 565 Duplex Avenue (the "City Lands") to 2500 Yonge Street Limited (the "Purchaser").

At its meeting of May 28, 2020, City Council provided confidential instructions to City staff.  City Council further directed that the confidential instructions to City staff remain confidential at the discretion of the City Solicitor.

Confidential Attachment 1 contains information pertaining to potential litigation involving Toronto Parking Authority and the City of Toronto and contains advice that is subject to solicitor-client privilege.

This report is to provide the Board of Directors of Toronto Parking Authority with further information and updates regarding the City's consideration of a proposed sale of City-owned lands municipally known as 20 Castlefield Avenue and 565 Duplex Avenue (the "City Lands") to 2500 Yonge Street Limited (the "Purchaser").

At its meeting of May 28, 2020, City Council provided confidential instructions to City staff.  City Council further directed that the confidential instructions to City staff remain confidential at the discretion of the City Solicitor. At this time, there are no details that may be disclosed. However, it is anticipated that a material update and disclosure will occur in the relatively near term.