42 Brock Crescent
Toronto District School Board at its meeting on January 22, 2022 adopted a resolution pursuant to Section 194(3) of the Education Act declaring that the above-noted property is not required for the purposes of TDSB. The Board decided: a) The parking lot located at 42 Brock Crescent be declared surplus to the needs of the Toronto District School and referred to the Toronto Lands Corporation for sale. b) If none of the public agencies defined by Ontario Regulation 444/98 purchase the parking lot through the regulation’s circulation process, then the Toronto Lands Corporation can offer the property to Safehaven for sale at fair market value.
If the parking lot is not sold to Safehaven at fair market value, then the parking lot be returned to the Toronto District School Board.