Item - 2022.PA28.12

Tracking Status

PA28.12 - Proposed Settlement with Tokyo Kitchen Ltd.

Decision Type:
ACTION
Status:
Adopted
Ward:
13 - Toronto Centre

Confidential Attachment - Litigation or potential litigation that affects Toronto Parking Authority

Board Decision

The Board of Directors, Toronto Parking Authority:

 

1. Approved the proposed the settlement between Toronto Parking Authority and Tokyo Kitchen Ltd., (the Tenant) on the terms set out in Confidential Attachment 1 to the report (February 4, 2022) from the President, Toronto Parking Authority.

 

2. Adopted the confidential instructions to staff in Confidential Attachment 1 to the report (February 4, 2022) from the President, Toronto Parking Authority.

 

3. Directed that Confidential Attachment 1 to the report (February 4, 2022) from the President, Toronto Parking Authority, remain confidential in its entirety, as it pertains to litigation or potential litigation that affects Toronto Parking Authority.

Origin

(February 4, 2022) Report from the President, Toronto Parking Authority

Summary

The purpose of this report is to obtain instructions regarding a settlement of monies owed by Tokyo Kitchen Ltd., (the Tenant), to Toronto Parking Authority for rent pertaining to the occupancy of Units 1 and 2, 20 Charles Street East, located in Toronto, Ontario.

Background Information

(February 4, 2022) Report from the President, Toronto Parking Authority on Proposed Settlement with Tokyo Kitchen Ltd.
https://www.toronto.ca/legdocs/mmis/2022/pa/bgrd/backgroundfile-199530.pdf
Confidential Attachment 1 - Confidential Information

Motions

Motion to Adopt Item moved by Councillor Mike Layton (Carried)
Source: Toronto City Clerk at www.toronto.ca/council