O ToRoNto DIRECTOR OF REAL ESTATE SERVICES

Size: px

Start display at page:

Download "O ToRoNto DIRECTOR OF REAL ESTATE SERVICES"

Ezra Banks
6 years ago
Views:

O ToRoNto W 115 ELEGATE APPROVAL FORM RETOR OF REAL ESTATE SERVES TRAKNG NO.: 1713 Approved pursunt to the elegted Authority contined in Executive ommittee tem EX43.

1 O ToRoNto W 115 ELEGATE APPROVAL FORM RETOR OF REAL ESTATE SERVES TRAKNG NO.: 1713 Approved pursunt to the elegted Authority contined in Executive ommittee tem EX43.7 entitled elegtion of Authority in ertin Rel Estte Mtters dopted by ity ouncil on My11 nd 1, 1 (onlirmtoiy Bylw No. 531, encted on My 1, 1), s mended by GM4.9 entitled Minor Amendments to elegtion of Authority in ertin Rel Estte Mtters dopted by ity ouncil on October, 9.1 nd (onfirmtory ByLw No , encted on October 11,13). s mended by AF 1337 nd AF 1487; nd further mended by EX44, entitled trtegic Property Acquisitions dopted by ity ouncil on August 5, 6, 7 nd 8, 14 (ontinntory Bylw No.17414, encted on August 8, 14), nd further mended by M16.16 entitled Trnsit Shelter Property Acquisitions dopted by ity ouncil on ecember 13,14 nd 15, 16 (cnlirmtory ByLw No. 1916, encted on ecember 15, 16). Approved pursunt to the elegted Authority contined in Executive ommittee tem EX33.44 entitled Union Sttion Revitliztion mplementtion nd Hed Lessee Selection dopted by ity ouncil on August 5 nd 6,9. ity ouncil confirmtory Bylw No. 7499, encted on August 6,9. Prepred By: Bruno lozzo ivision: Rel Estte Services pte Prepred: My 18, 17 Phone No.: (416) Purpose To obtin uthority to cquire permnent esement (the Esement ) on prcel of lnd owned by the Toronto & Region onservtion Authority (the TRA ) to permit the instlltion of new storm wter mngement infrstructure nd steel stircse bove the new infrstructure (for future ccess purposes between erry owns Prk nd Topclitf Prk) on the lnds s prt of the ity of Toronto s Bsement Flooding Protection Progrm. Property Portion of erry owns Prk locted on the south side of Topcliff Avenue (portion of PN 15384), known municiplly s 175 Finch Ave. W. nd displyed s Prts 15 on Pln 66R8493, ttched hereto s Appendix B (the Property ). Actions 1. Authority be grnted to cquire permnent esement on the Property on the terms nd conditions set out below, nd in form cceptble to the ity Solicitor.. The hief orporte Officer or designte shll dminister nd mnge the Esement including the provision of ny consents, pprovls, wiver notices, nd notices of termintion provided tht the hief orporte Officer my, t ny time, refer considertion of such mtter to ity ouncil for its determintion nd direction. 3. The ity Solicitor be uthorized to complete the trnsction on behlf of the ity, including pyment of ny necessry expenses nd mending nd wiving terms nd conditions, on such terms s she considers resonble. 4. The pproprite ity Officils be uthorized nd directed to tke the necessry ction to give effect. Finncil mpct omments Terms The following costs will be incurred by the ity in connection with this trnsction: 1. TRA hs greed to grnt the required permnent esement for nominl sum of $.;. Reimbursement of TRA s legl fees up to mximum of $,. plus pplicble txes; nd 3. Registrtion fees of pproximtely $1.. Funding for these costs is vilble in the 17 ouncil Approved pitl Budget for Toronto Wter under cpitl ccount WW41 6. The eputy ity Mnger & hief Finncil Officer hs reviewed this AF nd grees with the finncil impct informtion. As prt of the ity of Toronto s Bsement Flooding Protection Progrm, investigtions into chronic bsement flooding were undertken by the ity s Toronto Wter ivision throughout the ity. These investigtions ttempted to find potentil solutions tht would ssist in lleviting bsement flooding experienced by homeowners during periods of hevy rinfll. A vible solution involved bndoning the existing 55mm dimeter storm sewer on the Property (Topcliff Prk) nd replcing it with 1mm dimeter concrete storm sewer. n order to enble this solution, new permnent esement greement is required with TRA. ity stff hve pproched TRA nd hve requested to cquire permnent esement on the Property to contin the new storm sewer nd ssocited infrstructure. At its Meeting #16, held on April 8, 16, the TRA pproved the ity s request for new permnent esement on the Property for nominl considertion. As prt of the project, the ity will stbilize nd revegette ll disturbed lnds. Property Owner = Toronto nd Region onservtion Authority (TRA) Grntee = ity of Toronto (ity) onsidertion = $. Other osts = The ity shll py TRA s survey, legl ($, plus pplicble txes) & other costs Property Rights = Permnent subsurfce nd ccess esement Use = To construct new storm wter mngement infrstructure nd steel stircse on the lnds ndemnity = ity will fully indemnify TRA from ny clims ssocited with the grnting of this esement Property etils Wrd: 8 York West Assessment Roll No.: Approximte Size: Approximte Are: Other nformtion: NA m NA

A hs 1.. Acquisitions: Expropritions: 3. ssunce of RFPsREOs: 4, Permnent Highwy losures: 5. Trnsfer of Opertionl Mngement to ABs: 6. Limiting istnce Agreements: 7.

2 A hs 1.. Acquisitions: Expropritions: 3. ssunce of RFPsREOs: 4, Permnent Highwy losures: 5. Trnsfer of Opertionl Mngement to ABs: 6. Limiting istnce Agreements: 7. isposls (including Leses of 1 yers or more): 8. Exchnge of lnd in Green Spce System & Prks & Open Spce Ares of Officil Pln: NA 9. LesesLicences (ity s LndlordLicensor): 1. LesesLicences (ity s TenntLicensee): 11. Esements (ity s Grntor): 1. Esements (ity s Grntee): 13. Revisions to ouncil ecisions in Rel Estte Mtters: 14. Miscellneous: irector of Rel Estte Services hief orporte Officer pprovl uthority for: hs pprovl uthority for: Sttutory offers, greements nd settlements where totl compenstion does not cumultively exceed elegted to more senior position. elegted to more senior position. elegted to more senior position. Si Million. elegted to more senior position. Where totl compenstion (including options renewls) does not exceed $1 Million; Where compenstion is less thn mrket vlue, for periods not exceeding three (3) months, including licences for environmentl ssessments ndor testing, etc, Where totl compenstion (including options renewls) does not exceed When closing rod, esements to preexisting utilities for nominl considertion. Amendment must not be mterilly inconsistent with originl decision (nd my include increse not to exceed the mount of the originl decision by the lesser of 1 per cent nd $5,). (f) (i) Approvls, onsents, Notices nd Assignments under ll LesesLicences; Relesesischrges; SurrendersAbndonments; Enforcementsffermintions; onsentsnonisturbnce Agreements AcknowledgementsEstoppelsertifictes; ObjectionsMiversutions; Notices of Lese nd Sublese; onsent to regultory pplictions by ity, s owner; onsent to ssignment of Agreement of PurchseSle; irection re Title; ocumenttion relting to Lnd Titles pplictions; orrectingquit lim Trnsfereeds. Sttutory offers, greements nd settlements where totl compenstion does not cumultively exceed ssunce of RFP5REOs. nitite process & uthorize GM, Trnsporttion Services to give notice of proposed bylw. Trnsfer of Opertionl Mngement to ABs. Exchnge of lnd in Green Spce System nd Prks nd Open Spce Ares of Officil Pln. Amendment must not be mterilly inconsistent with originl decision (nd my include increse not to exceed the mount of the originl decision by the lesser of loper cent nd $1 Million). (f) () Approvls, onsents, Notices nd Assignments under ll LesesLicences; Relesesischrges; SurrendersAbndonments; Enforcementsffermlntions; of 5 Revised: Jnuw Where totl compenstion (including options renewls) does not exceed $3 Million; Where compenstion is less thn mrket vlue, for periods not exceeding six (6) months, including licences for environmentl ssessments ndor testing, etc. Where totl compenstion (including options renewls) does not exceed elegted to less senior position. onsentsnonisturbnce Agreements AcknowledgementsEstoppelsertifictes; Obiectionsmiversutions; Notices of Lese nd Sublese; onsent to regultory pplictions by ity. s owner; onsent to ssignment of Agreement of PurchseSle; irection re Title; ocumenttion relting to Lnd Titles pplictions; orrectingquit lim Trnsfereeds. B. hief orporte Officer nd irector of Rel Estte Services ech hs signing uthority on behlf of the ity for: 1. Agreements of Purchse nd Sle nd ll implementing documenttion for purchses, sles nd lnd exchnges not delegted to stff for pprovl.. Exproprition Applictions nd Notices following ouncil pprovl of exproprition. 3. ocuments required to implement the delegted pprovl exercised by him or her. X hief orporte Officer lso hs pprovl uthority for: Leseslicencespermits t Union Sttion during the Revitliztion Period, if the rentfee is t mrket vlue.

fl tbzfleiulwlötlui,j&r(i):;ipf, _ ouncillor: Anthony Perwzz ouncillor: ontct Nme: Tom Rkocevic Executive Assistnt ontct Nme: 3 of 5 : * ontcted by: Phone X EMil Memo Other ontcted by: Phone Emil

omments: oncurs with the cquisition of the esement omments: Sufficient funding vilble in ccount Legl ivision ontct.* ontct Nme: AF Trcking No.

onditions ( ) The locl ouncillor (or locl ouncillors if the subject property is locted on wrd boundry or if the trnsction involves n exchnge of properties in more thn one wrd), will be consulted

Where pproving power hs been delegted to stff, the hief orporte Officer, in consulttion with the pplicble eputy ity Mnger or the ity Mnger, my determine tht such mtter is of such specil interest tht

Authority to pprove finncil commitmentsexpenditures is subjecl to ll mounts being vilble in n pproved budget, or funding being vilble from third prty sources, except for trtegic Property Acquisitions

Property interests re to be bsed on pprised vlue, nd no interest shll be grnted t less thn mrket vlue unless otherwise specificlly uthorized.

Totl compenstion mens the ggregte of ll types of pyments, including lnd vlue, estimted clenup costs, potentil rbitrtion wrds, loss clims, etc, but exclusive of ny pplicble txes nd registrtion costs.

purpose, except for property cquisitions of 5M or less for trnsit shelter purposes. Authority to initite the permnent rod closure process in A.

7 re subject to the property hving been declred surplus, nd the disposl policy complied with.

3 fl tbzfleiulwlötlui,j&r(i):;ipf, _ ouncillor: Anthony Perwzz ouncillor: ontct Nme: Tom Rkocevic Executive Assistnt ontct Nme: 3 of 5 : * ontcted by: Phone X EMil Memo Other ontcted by: Phone Emil Memo Other omments: Plese proceed omments: onsulttion with ABrtUR ivision: Engineering & onstruction Services ivision: Finncil Plnning ontct Nme: Sleem KhnNincent omey ontct Nme: Filish Jenkins omments: oncurs with the cquisition of the esement omments: Sufficient funding vilble in ccount Legl ivision ontct.* ontct Nme: AF Trcking No.: 1713 Recommended by: Jonne Frnc Mnger te El Recommended by: irector of Rel Estte Services Joe sli Approved by: Approved by: hief orporte Officer Josie Scioli (f) (i) () (m) (n) (o) (p) (q) Generl onditions ( ) The locl ouncillor (or locl ouncillors if the subject property is locted on wrd boundry or if the trnsction involves n exchnge of properties in more thn one wrd), will be consulted prior to the exercise of delegted Approving Authority by stff for ll Acquisitions, isposls, Lnd Exchnges nd Leses. Where pproving power hs been delegted to stff, the hief orporte Officer, in consulttion with the pplicble eputy ity Mnger or the ity Mnger, my determine tht such mtter is of such specil interest tht sme should be returned to the relevnt ommittee nd ouncil for considertion nd determintion. Exercise of delegted uthority is subject to ll pplicble ouncil policies, sttutes or other pplicble lw. Authority to pprove finncil commitmentsexpenditures is subjecl to ll mounts being vilble in n pproved budget, or funding being vilble from third prty sources, except for trtegic Property Acquisitions s set out in EX44. dopted by ouncil August 5,6,7 nd 8, 14, which identifies lterntive funding mechnisms subject to dditionl pprovl requirements. Property interests re to be bsed on pprised vlue, nd no interest shll be grnted t less thn mrket vlue unless otherwise specificlly uthorized. Authority to pprove trnsctions t less thn mrket vlue is subject to sttutory ntibonusing provisions. Totl compenstion mens the ggregte of ll types of pyments, including lnd vlue, estimted clenup costs, potentil rbitrtion wrds, loss clims, etc, but exclusive of ny pplicble txes nd registrtion costs. Authority to cquire property is conditionl upon provision being mde to bring the property into complince with pplicble MOE or other requirements such tht it will be fit for its intended municipl purpose, except for property cquisitions of 5M or less for trnsit shelter purposes. Authority to initite the permnent rod closure process in A.4 is conditionl upon confirmtion by the GM of Trnsporttion Services tht it is fesible to permnently close the highwy. isposl uthorities in A.7 re subject to the property hving been declred surplus, nd the disposl policy complied with. Lnd exchnges, except for those in &8, my be uthorized bsed on the delegted Approving Authority for isposls in AT. Approving Authority with respect to lnd locted in the esignted Wterfront Are is conditionl upon the pprovl of the irector. Wterfront Secretrit. Authority to pprove n exchnge of lnd in A.8 is conditionl upon confirmtion by the hief Plnner nd Executive irector, nd the GM of Prks, Forestry & Recretion, tht the lnd being exchnged is (i) nerby lnd of equivlent or lrger re, nd (U) of comprble or superior green spce utility. Approving Authority in A.9 Leses (ity s Lndlord) but not Licences (ity s Licensor) is limited to periods (including optionsrenewls) of less thn twentyone (1) yers. Totl compenstion in lesing mtters where the ity is lndlord (Ag) includes the vlue of tennt improvements if fctored into tennt s rentl pyments. Totl compenstion in lesing mtters where the ity is the tennt (A.1) includes the vlue of ny tennt improvements to be pid by the ity. Where optionsrenewls re included in leses, if the renewl rent is to be determined t dte lter thn the originl pprovl dte, totl compenstion is to be clculted s though ll options re exercised, estimting the renewl rent bsed on the highest rent pyble in the first term of the lese. (r) Totl compenstion in lesing mtlers where the ity is lndlord (A.9) or tennt (A.1O) is to be clculted from the dte of pprovl pursunt to this delegtion (ie. first llowing for the expiry of ny prior pprovls, whether by ouncil or delegted uthority). (s) Approving Authority in lesing mtters includes uthority to pprove renewlsextensions within the prmeters of the delegted Approving Authority. (t) Approving Authority includes uthority for mendments within the prmeters of the delegted Approving Authority, the cumultive totl of which my not exceed the delegted finncil limit. (u) Where proposed dditionl mounts in A.1 3 exceed 1 per cent of the originl decision, even if otherwise in complince with ll other conditions, then pproving uthority is trnsferred upwrds to the next more senior level of pproving uthority hving the relevnt overll finncil limit. (v) Approving Authority includes uthority for ll documents necessry to implement the uthority, on terms nd conditions stisfctory to the Approving Authority, in consulttion with the relevnt operting ivision(s). (w) Stff positions referred to in this delegtion include successors from time to time. (x) ocuments re to be in form stisfctory to the ity Solicitor (including indemnity nd insurnce provisions). (y) elegted signing uthorities in B re conditionl upon the documents hving received the ity Solicitor s prior Approvl s to Form. (z) This delegtion does not ffect sles, cquisitions nd leses over which the Affordble Housing ommittee hs responsibility. () Authority to use lnd cquired by the ity for prking purposes by the Toronto Prking Authority is conditionl upon ouncil encting bylw designting such use. (bb) All residentil lesing documents shll dhere to the Residentil Tenncies Act nd ny successor legisltion. (cc) espite G(n), Approving Authority in residentil lesing mtlers is not limited to periods of less thn twentyone (1) yers.

$\ Rembe lv$ Sport Fields

4 Appendix A Loction Mp 4 of S, Pork ç \ Rembe lv Sport Fields >9 ) Or cucie4 pots:: F fletl ) _j 9 o ) WSVW entennil Secondry School 1) U ) r ceo c 44tffrgt errydowns Pork JANE AN FNH, Ln SWn we Ocen; S g hbflde \ 1) BJ S) 4) V o U, ln,flp Ve or

TY PLAN F SEVEV PLAN8ORflM 73 Li71c tllil11t BLOK E REGSTERE

w,14o 1 :S1O 4 ft flws t ton. FAqo.g. to.,. t. 1, 1 F?4JQ.

fln to cj 1 H lth!!4 ii U).flO7YofbflWt 51) ll)pws l f )f.:o.o.): )_Son!

5 TY PLAN F SEVEV PLAN8ORflM 73 Li71c tllil11t BLOK E REGSTERE PLAN M945 S % W( N : VflFS WA1E :., R(t.w,14o 1 :S1O 4 ft flws t ton. FAqo.g. to.,. t. 1, 1 F?4JQ.5 P:H 1Th) 84 L) i k * OF TORONTO F $cly Ufl F WORTh Y 1 11 to fln to cj 1 H lth!!4 ii U).flO7YofbflWt 51) ll)pws l f )f.:o.o.): )_Son!t o.fo) OVOl,ro.). less,., :.fl,f! :flt toos..s;o Oct_.. OR 54 o 1 o?!3 1 Pm FtAV 4 F, : c BLLZK of f U 45 f N 1 A P RE PLAN RS LOT 9 LXPRLWRMRL1N PLAN AU $5 LlT 4 1JNT1 wj R S...,,. &4..4 S.t t... W : TRAEASEMENTAT:[R

Appendix U: THE BOARD OF MANAGEMENT FOR THE REGAL HEIGHTS VILLAGE BUSINESS IMPROVEMENT AREA. Financial Statements For the Year Ended December 31, 2011

Appendix U: THE BOARD OF MANAGEMENT FOR THE REGAL HEIGHTS VILLAGE BUSINESS IMPROVEMENT AREA. Financial Statements For the Year Ended December 31, 2011 I Appendix U: Finncil Sttements For the Yer Ended December 31, 2011 0 DECEMBER 31, 2011 CONTENTS Pce Independent uditor s report 3 Finncil sttements Sttement of finncil position 4 Sttement of opertions