Item - 2024.PA9.9
Tracking Status
- This item was considered by Toronto Parking Authority on May 28, 2024 and was adopted without amendment.
- See also 2024.PR5.9
PA9.9 - Lease Arrears at 50 Cumberland Street, Units 11 and 12
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 11 - University - Rosedale
Confidential Attachment - Litigation or potential litigation that affects Toronto Parking Authority and contains advice or communications that are subject to solicitor-client privilege
Board Decision
The Board of Directors of the Toronto Parking Authority:
1. Adopted the confidential instructions to staff in Confidential Attachment 1 to the report (March 27, 2024) from the President, Toronto Parking Authority.
2. Directed that Confidential Attachment 1 to the report (March 27, 2024) from the President, Toronto Parking Authority remain confidential in its entirety, as it pertains to litigation or potential litigation that affects Toronto Parking Authority and contains advice or communications that are subject to solicitor-client privilege.
Origin
Summary
At its meeting on Thursday, April 25, 2024, the Toronto Parking Authority – Audit and Risk Management Committee recessed its public meeting to meet in closed session to consider Item PR5.9 and made recommendations to the Board of Directors of the Toronto Parking Authority.
Summary from the report (March 27, 2024) from the City Solicitor and the President, Toronto Parking Authority:
The purpose of this report is to provide information and seek instructions relating to a dispute and related litigation arising from a terminated lease for 50 Cumberland Street, Units 11 and 12 (the “Premises”).
Background Information
https://www.toronto.ca/legdocs/mmis/2024/pa/bgrd/backgroundfile-245802.pdf
(March 27, 2024) Report from the City Solicitor and the President, Toronto Parking Authority on Lease Arrears at 50 Cumberland Street, Units 11 and 12
https://www.toronto.ca/legdocs/mmis/2024/pa/bgrd/backgroundfile-245783.pdf
Confidential Attachment 1 - Confidential Information
Motions
That the Board of Directors of the Toronto Parking Authority re-open Item PA9.9 for further consideration.
Vote (Adopt Item) May-28-2024
Result: Carried | Majority Required |
---|---|
Total members that voted Yes: 5 | Members that voted Yes are Brad Bradford, Maureen Farrow, Zeshan Khan, Ruth Uy, Namby Vithiananthan |
Total members that voted No: 0 | Members that voted No are |
Total members that were Absent: 2 | Members that were absent are Paula Fletcher, Hartley Lefton (Interest Declared) (Chair) |
Declared Interests
Hartley Lefton - Members of the law firm of which he is a partner act or have acted for Toronto Parking Authority counterparties.
Written Declaration: https://secure.toronto.ca/council/declared-interest-file.do?id=11981