Report Item

For Consideration by City Council on:
October 26, 2009

Government Management Committee

(City Council on September 30 and October 1, 2009 deferred consideration of Item GM24.46 to its next regular meeting on October 26, 2009)

GM24.46

Ward: 24

Acquisition of 15 Kenaston Gardens

Confidential Attachment - A proposed or pending acquisition or sale of land for municipal or local board purposes and the receiving of advice that is subject to solicitor-client privilege

Committee Recommendations

The Government Management Committee recommends to City Council that:

1. The acquisition of 15 Kenaston Gardens be conditional upon an agreement for the sale of the associated density having been entered into, to the satisfaction of the Chief Corporate Officer and the City Solicitor, such that the acquisition price be recovered.

2. The confidential information contained in Attachment 1 to the report (September 14, 2009) from the Chief Corporate Officer, remain confidential excepting the purchase price of the Property which shall be available for public release upon the completion of all terms of the purchase and sale agreement to the satisfaction of the City Solicitor.

Committee Decision Advice and Other Information

The Government Management Committee met in closed session to consider this item

as it relates to a proposed or pending acquisition or sale of land for municipal or local

board purposes.

Origin

(September 14, 2009) Report from the Chief Corporate Officer

Summary

To seek approval to acquire the property municipally known as 15 Kenaston Gardens.

Background Information (Committee)

Report - Acquisition of 15 Kenaston Gardens
(http://www.toronto.ca/legdocs/mmis/2009/gm/bgrd/backgroundfile-23486.pdf)
Appendix A - Sketch
(http://www.toronto.ca/legdocs/mmis/2009/gm/bgrd/backgroundfile-23487.pdf)
Confidential Attachment 1

Background Information (City Council)

(September 30, 2009) Supplementary report from the City Solicitor (GM24.46a)
(http://www.toronto.ca/legdocs/mmis/2009/cc/bgrd/backgroundfile-24264.pdf)

Communications (Committee)

(September 16, 2009) E-mail from Manager, Traffic Planning/ROW, Management Transportation Services (GM.New.24.46a)
(http://www.toronto.ca/legdocs/mmis/2009/gm/comm/communicationfile-12027.pdf)

Speakers (Committee)

Councillor David Shiner