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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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Staff report for action on Casa Loma Transition May 9/11

STAFF REPORT

ACTION REQUIRED

Casa Loma Transition

Date: May 9, 2011

To: Executive Committee     From: General Manager of Economic Development and Culture

Wards: All      Reference Number:

SUMMARY

The City owns Casa Loma, but it was managed since 1937 by the Kiwanis Club of Casa Loma (KCCL).  The 1997 Casa Loma Restoration Master Plan to restore the exterior of the main building at Casa Loma cost $20 million and is nearing completion.  In July 2007, Council approved the Strategic Vision and in July 2008 the City entered into a Management Agreement to manage Casa Loma through a joint board model. In July 2010 it became obvious that the model was not working as anticipated and a downturn in the economy and a number of financial challenges created a situation where implementation of the Vision was at risk.  Council directed that the General Manager of Economic Development and Culture attempt to resolve the situation.Through a number of discussions, City staff and KCCL … Read the rest

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