Internal Review of Property Sales

Legislative History: Enacted September 19, 2017 (By-law No. CPOL.-178-430); Amended July 24, 2018 (By-law No. CPOL.-178(a)-437)

Last Review Date: July 25, 2023

Service Area Lead: Director, Realty Services

1. Policy Statement

The purpose of this policy is to formalize and clarify practices on the internal review of property sales.

2. Definitions

Not Applicable.

3. Applicability

This policy applies to all City-owned properties.

4. The Policy

That a policy be established such that no City-owned property, unless covered by a specific policy, be offered for sale or long-term lease until an internal review of that property is carried out by the Administration and a recommendation as to its designation is formulated and approved by the appropriate Standing Committee and City Council.