Item - 2015.GM3.12
Tracking Status
- City Council adopted this item on May 5, 2015 without amendments.
- This item was considered by the Government Management Committee on April 8, 2015 and adopted without amendment. It will be considered by City Council on May 5, 2015.
GM3.12 - Acquisition of a Portion of 240 Manor Road East
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 22 - St. Paul's
City Council Decision
City Council on May 5, 6 and 7, 2015, adopted the following:
1. City Council authorize the Chief Corporate Officer to negotiate the acquisition of the Lots 39 40, Plan 1787 at 240 Manor Road East with the Vendor for the purchase price outlined in Confidential Attachment 1, and authorize the City to enter into an agreement of purchase and sale substantially on the terms outlined in Appendix "A" to the report (March 23, 2015) from the Chief Corporate Officer and the General Manager, Parks, Forestry and Recreation, and on such other or amended terms and conditions as may be acceptable to the Chief Corporate Officer and in a form satisfactory to the City Solicitor.
2. City Council amend the 2015 Parks, Forestry and Recreation Capital Budget to create a new capital project called "240 Manor Road East - Parkland Acquisition" as outlined in Confidential Attachment 1 to the report (March 23, 2015) from the Chief Corporate Officer and the General Manager, Parks, Forestry and Recreation, to be funded from the Alternative Parkland Dedication Reserve Fund (XR2213) for Ward 22.
3. City Council authorize severally each of the Chief Corporate Officer and the Director, Real Estate Services, to execute the Offer to Sell agreement (the "Agreement") and any ancillary agreements and documents under the Agreement on behalf of the City.
4. City Council authorize the Chief Corporate Officer to administer and manage the transaction, including the provision of any consents, approvals, waivers and notices, provided that she may, at any time, refer consideration of any such matters (including their content) to City Council for its consideration and direction.
5. City Council authorize the City Solicitor to complete the contemplated transaction on behalf of the City, including paying any necessary expenses, amending the closing, due diligence and other dates, and amending and waiving terms and conditions, on such terms as the City Solicitor considers reasonable.
6. City Council adopt the confidential instructions to Staff in Confidential Attachment 1 to the report (March 23, 2015) from the Chief Corporate Officer and the General Manager, Parks, Forestry and Recreation.
7. City Council authorize the public release of the confidential information and recommendations in Confidential Attachment 1 to the report (March 23, 2015) from the Chief Corporate Officer and the General Manager, Parks, Forestry and Recreation, once the transaction has been completed, and the Vendor has disposed of its interest in the Property.
Confidential Attachment 1 to the report (March 23, 2015) from the Chief Corporate Officer and the General Manager, Parks, Forestry and Recreation remains confidential in its entirety at this time in accordance with the City of Toronto Act, 2006, as it relates to a proposed or pending acquisition of land by the City for municipal or local board purposes. The confidential information and confidential recommendations in Confidential Attachment 1 to the report (March 23, 2015) from the Chief Corporate Officer and the General Manager, Parks, Forestry and Recreation will be made public once the transaction has been completed, and the Vendor has disposed of its interest in the Property.
Confidential Attachment - A proposed or pending land acquisition by the City or one of its agencies, boards, and commissions.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2015/gm/bgrd/backgroundfile-78242.pdf
(March 23, 2015) Attachment 1 - Confidential Information on Acquisition of a Portion of 240 Manor Road East
Motions (City Council)
Vote (Adopt Item) May-05-2015 5:03 PM
| Result: Carried | Majority Required - GM3.12 - Adopt the item |
|---|---|
| Total members that voted Yes: 36 | Members that voted Yes are Paul Ainslie, Maria Augimeri, Ana Bailão, Jon Burnside, John Campbell, Christin Carmichael Greb, Shelley Carroll, Raymond Cho, Josh Colle, Gary Crawford, Joe Cressy, Janet Davis, Glenn De Baeremaeker, Justin J. Di Ciano, Frank Di Giorgio, Sarah Doucette, John Filion, Paula Fletcher, Mary Fragedakis, Mark Grimes, Stephen Holyday, Jim Karygiannis, Norman Kelly, Mike Layton, Josh Matlow, Mary-Margaret McMahon, Joe Mihevc, Denzil Minnan-Wong, Ron Moeser, Frances Nunziata (Chair), Cesar Palacio, Gord Perks, Anthony Perruzza, Jaye Robinson, John Tory, Kristyn Wong-Tam |
| Total members that voted No: 1 | Members that voted No are Rob Ford |
| Total members that were Absent: 8 | Members that were absent are Michelle Berardinetti, Vincent Crisanti, Chin Lee, Giorgio Mammoliti, Pam McConnell, James Pasternak, David Shiner, Michael Thompson |
GM3.12 - Acquisition of a Portion of 240 Manor Road East
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 22 - St. Paul's
Confidential Attachment - A proposed or pending land acquisition by the City or one of its agencies, boards, and commissions.
Committee Recommendations
The Government Management Committee recommends that:
1. City Council authorize the Chief Corporate Officer (the "CCO") to negotiate the acquisition of the Property with the Vendor for the purchase price outlined in Attachment 1 – Confidential Information, and authorize the City to enter into an agreement of purchase and sale substantially on the terms outlined in Appendix "A" to the report (March 23, 2015) from the Chief Corporate Officer and the General Manager, Parks, Forestry and Recreation, and on such other or amended terms and conditions as may be acceptable to the CCO and in a form satisfactory to the City Solicitor.
2. City Council authorize an amendment to the 2015 Parks, Forestry and Recreation ("PFR") Capital Budget to create a new capital project called "240 Manor Road East - Parkland Acquisition" as outlined in Confidential Attachment 1 – Confidential Information to the report (March 23, 2015) from the Chief Corporate Officer and the General Manager, Parks, Forestry and Recreation, to be funded from the Alternative Parkland Dedication Reserve Fund (XR2213) for Ward 22.
3. City Council authorizes severally each of the Chief Corporate Officer and the Director, Real Estate Services, to execute the Offer to Sell agreement (the "Agreement") and any ancillary agreements and documents under the Agreement on behalf of the City.
4. City Council authorize the Chief Corporate Officer to administer and manage the transaction, including the provision of any consents, approvals, waivers and notices, provided that she may, at any time, refer consideration of any such matters (including their content) to City Council for its consideration and direction.
5. City Council authorize the City Solicitor to complete the contemplated transaction on behalf of the City, including paying any necessary expenses, amending the closing, due diligence and other dates, and amending and waiving terms and conditions, on such terms as she considers reasonable.
6. City Council adopt the confidential instructions to Staff in Attachment 1 – Confidential Information to the report (March 23, 2015) from the Chief Corporate Officer and the General Manager, Parks, Forestry and Recreation.
7. City Council authorize the public release of the confidential information and recommendations in Confidential Attachment 1 to the report (March 23, 2015) from the Chief Corporate Officer and the General Manager, Parks, Forestry and Recreation, once the transaction contemplated in this report has been completed, and Vendor has disposed of its interest in the Property.
Decision Advice and Other Information
The Government Management Committee forwarded the report (March 23, 2015) from the Chief Corporate Officer and the General Manager, Parks, Forestry and Recreation, to the Budget Committee for consideration of the recommended amendment to the Council approved 2015 PFR Capital Budget and its funding source.
Origin
Summary
The purpose of this report is to obtain authority and confirm funding to acquire Lots 39 40, Plan 1787 at 240 Manor Road East (the "Property") from the Trustees of the Manor Road United Church (the "Vendor") for parkland purposes.
This report seeks City Council approval to proceed as outlined herein and in Attachment 1 – Confidential Information.
Background Information
https://www.toronto.ca/legdocs/mmis/2015/gm/bgrd/backgroundfile-78242.pdf
(March 23, 2015) Attachment 1 - Confidential Information on Acquisition of a Portion of 240 Manor Road East