Financial Matters:

There are no financial matters to consider at this time. The property is in tax arrears and as such Administration will begin the collection process as allowed by current legislation. Costs associated with collection can be recovered by way of being added to the property tax account. City Council will be advised prior to the listing of this property for tax sale and updated should vesting be under consideration.

Consultations:

Janice Guthrie, Deputy Treasurer, Taxation and Financial Projects

Conclusion:

Council will be in a position to make decisions about the future ownership of this property in the event that there is no successful bidder at tax arrears public sale of the Jefferson Private Park. There is no other route available to the City to address this issue.

Approvals:

Name Title
Wira Vendrasco Deputy City Solicitor, Legal and Real Estate
Shelby Askin Hager City Solicitor and Corporate Leader, Economic Development and Public Safety
Janice Guthrie Deputy Treasurer, Taxation and Financial Projects
Joe Mancina Chief Financial Officer/City Treasurer andCorporate Leader Finance andTechnology
Onorio Colucci Chief Administrative Officer

Notifications:

Name

Address

Email

Appendices:

1 Appendix A - Agenda Item C 27/2020