Item - 2022.GL32.28

The General Government and Licensing Committee recommends that: 

1. City Council authorize the Executive Director, Corporate Real Estate Management or designate, to issue payment of the compensation offered in accordance with the requirements of the Expropriations Act, plus any applicable Harmonized Sales Tax, upon acceptance of the Offers of Compensation.

2. Where an Offer of Compensation is accepted in full compensation for the owner's interest in the Property Requirements, City Council authorize the payment of statutory interest, and all reasonable legal, appraisal and other costs in accordance with the Expropriations Act, to be agreed upon or assessed by the City Solicitor. 

3. City Council authorize the public release of the confidential information contained in Confidential Attachment 1 to the report (June 17, 2022) from the Executive Director, Corporate Real Estate Management, once there has been a final determination of the compensation payable to the owners by arbitration, appeal or settlement to the satisfaction of the City Solicitor.

This report seeks the approval of City Council, as Approving Authority under the Expropriations Act to authorize City staff to pay offers of compensation to the registered owners of the properties municipally known as 81 Bloor Street East and 40-42 Hayden Street (the "Property Requirements"), at the appraised value, all in accordance with the requirements in the Expropriations Act.

On June 8, 2021 and February 2, 2022, City Council authorized the initiation and expropriation of the Property Requirements as set out in Appendix A and shown on the expropriation plans attached as Appendix C and D. The Property Requirements are required for the purposes of constructing a new alternative station entrance, emergency exit and electrical substation facility as part of the Toronto Transit Commission Bloor-Yonge Capacity Improvement project (the "Project").