Tag Archives: Town Crier

TownNews

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