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Click Here-CasaLomaTrust Youtube Channel

You can find our videos going back several years.

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Jun-2011 A Century of Mis-Management of Casa Loma Continues (Press Release)

CONTACT: Trelawny Howell, 416-927-9866 (trelawny@rogers.com)www.CasaLomaTrust.ca

 

TORONTO- On June 14, 2011, The City of Toronto City Council approved a proposal which terminates the 75-year long management agreement with the Kiwanis Club of Casa Loma (KCCL).

 

The proposal passed without debate.

Under the terms of the proposal, The City will pay KCCL $1.750 million ($1.45 m for Casa Loma artifacts, plus $300,000 in management fees), and will also waive all lease arrears, in the amount of $3.20 million. (1)

 

Despite taking over responsibility for managing the Castle from KCCL, The City is still granting the charity a new license to KCCL to remain permanently at Casa Loma, but is charging no rent.

 

Mayor Rob Ford told reporters after the June 14 Council meeting, “I think Casa Loma is something we will eventually have to sell. That’s the bottom line.”

 

The June 14 decision is the final step in a series of council decisions to

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June-15-2011 National Post – City assumes control of Casa Loma

Natalie Alcoba, National Post · Jun. 15, 2011 | Last Updated: Jun. 15, 2011 3:03 AM ET

The City of Toronto assumed control of Casa Loma on Tuesday, the inner-city castle that has been run for the last 74 years by a Kiwanis Club chapter, and embarked on a study of future options, which could include putting it on the market.

“I think Casa Loma is something that we eventually have to sell,” Mayor Rob Ford told reporters on Tuesday, after council passed a mutually agreedupon transfer of management to a city corporation without debate.

As part of the deal, the city is paying the Kiwanis Club of Casa Loma $1.45-million for artifacts accumulated over their years at the helm, and the value of nine trademarks including “Casa Loma” and “Toronto’s Majestic Castle.”

Despite pouring money into a $20-million facelift, Casa Loma is an out-of-date venue that has not had the money to adapt to a changing tourism industry and

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June-14-2011 Globe and Mail – Recently renovated piece of Toronto history a good buy

The Globe and Mail

For Sale: Casa Loma

Recently renovated piece of Toronto history a good buy

ELIZABETH CHURCH

From Wednesday’s Globe and Mail
Published Tuesday, Jun. 14, 2011 9:07PM EDT

Toronto Mayor Rob Ford wants to put Casa Loma, the city-owned mansion, on the block. “Casa Loma is something that I think eventually we have to sell. That’s the bottom line,” he said Tuesday.

It is difficult to put a price on this historical fixer upper, but could the city find a willing buyer for the prestige property? Here’s a look at what perspective buyers would get.

More related to this story

CASA LOMA

1 Austin Terrace

The back story

It’s been a century since local tycoon Sir Henry Pellatt broke ground on this sprawling five-acre

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Jun-7-2011-Town Crier- Kiwanis out at Casa Loma



TownNews

Kiwanis out at Casa Loma

By Karolyn Coorsh

June 7, 2011
Neighbourhoods: Casa Loma

It wasn’t exactly a fairytale ending for Toronto’s castle on the hill, but it was an ending, nonetheless.

On May 24, council’s executive committee voted to terminate a 74-year arrangement between the city-owned Casa Loma and its operators, The Kiwanis Club of Casa Loma.

The Forest Hill-area tourist attraction will now become wholly the city’s responsibility, falling under the jurisdiction of Economic Development and Culture. Over the course of the next 12–18 months, that department will determine the best governance structure for Casa Loma’s future.

Under the new transition agreement, the city is to pay Kiwanis $1.45 million for artefacts and trademarks owned by Kiwanis, including “Casa Loma” and “Toronto’s Majestic Castle.”

While the city will assume service contracts for continued operation of the castle, Kiwanis will hold weekly meetings and retain an administration office on site. Kiwanis is also to receive unpaid management fees … Read the rest

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NEWS May 2011!!!

Links to:
Kiwanis Club Gives Up Operation of Casa Loma Globe and Mail – May 16/2011
City to take over Casa Loma from Kiwanis Club Toronto Star – May 17/2011
City deciding on the future of Casa Loma this month May 2011 – City Post Magazine

City Report to Terminate Kiwanis Club of Casa Loma Lease

 

City Council votes June 14/11 Casa Loma transition approved by Mayor Ford Exec. Comm. May 24/11Read the rest

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Talk640 AM John Oakley ShowRead the rest

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Mayor Ford Executive Committee Casa Loma Transition May

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Casa Loma Transition Approved by Mayor Ford -May 24/11

Tracking Status
  • This item was considered by Executive Committee on May 24, 2011 and was adopted with amendments. It will be considered by City Council on June 14, 2011.
EX6.7 ACTION Amended Ward:All
Casa Loma Transition
Committee Recommendations
The Executive Committee recommends that: 
  1. As mutually agreed between the City of Toronto and the Kiwanis Club of Casa Loma (KCCL), Council terminate the management agreement between the two parties and create a city services corporation to stabilize and operate Casa Loma until City Council considers a long term strategy for Casa Loma.
  2. City Council authorize the General Manager, Economic Development and Culture to execute a termination and transition agreement between the City and KCCL to implement the transition based substantially on the terms outlined below and further described in the report (May 9, 2011) from the General Manager of Economic Development and Culture, and such additional terms and conditions as
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