Item - 2021.GL21.11

The General Government and Licensing Committee recommends that:  

1. City Council as Approving Authority under the Expropriations Act, approve the expropriation of the interest in land described in Appendix A to the report (March 12, 2021) from the Executive Director, Corporate Real Estate Management ("Required Property Interest") for the construction of a new public street.

2. City Council authorize the City of Toronto, as Expropriating Authority under the Expropriations Act, to take all steps necessary to comply with the Expropriations Act, including but not limited to, the preparation and registration of an Expropriation Plan and service of the Notices of Expropriation, Notices of Election as to a Date for Compensation, and Notices of Possession as it relates to the Required Property Interest.

3. City Council authorize the Executive Director, Corporate Real Estate Management, or their designate, to sign the Notices of Expropriation, Notices of Possession, Offers of Compensation, Settlement Agreements and any other ancillary documents on behalf of the City for the Required Property Interests.

4. City Council further authorize the Executive Director, Corporate Real Estate Management, or their designate, to prepare and serve offers of compensation in accordance with the requirements of the Expropriations Act. 

5. City Council authorize the public release of Confidential Attachment 1 to the report (March 12, 2021) from the Executive Director, Corporate Real Estate Management once there has been a final determination and closing of the compensation payable for the Required Property Interests by arbitration, appeal or settlement, or otherwise to the satisfaction of the City Solicitor.

This report seeks reauthorization from City Council, as the approving authority under the Expropriations Act, to expropriate part of the condominium property known municipally as 5795 Yonge Street for a new road connecting Cummer Avenue to Yonge Street through a northerly adjacent development being developed (the "Project"). The Project once completed, will provide public street access for the adjacent condominiums and new development being developed. 

This Stage 2 expropriation report includes details on the anticipated costs, based on internal appraisals, and requests City Council to approve the subject expropriation as approving authority under the Expropriations Act and enact an expropriation by-law. Following the granting of authority by City Council on this Stage 2 report, the Expropriation Plan will be registered and Notices of Expropriation served. Statutory offers of compensation must be served prior to the City taking possession of the expropriated interest.